Lake City city: Unemployment Rate Trend
How Lake City city's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
16.6%
2023
6.9%
Total change
-9.7 pp
% change
-58.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 16.6% | — |
| 2019 | 6.8% | -9.8 pp (-59%) |
| 2020 | 3.7% | -3.1 pp (-45.6%) |
| 2021 | 4.6% | +0.9 pp (24.3%) |
| 2022 | 8.6% | +4.0 pp (87%) |
| 2023 | 6.9% | -1.7 pp (-19.8%) |