Lake Elmo city: Unemployment Rate Trend
How Lake Elmo 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
3.4%
2023
2.3%
Total change
-1.1 pp
% change
-32.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.4% | — |
| 2019 | 3.1% | -0.3 pp (-8.8%) |
| 2020 | 2.4% | -0.7 pp (-22.6%) |
| 2021 | 2.8% | +0.4 pp (16.7%) |
| 2022 | 3.3% | +0.5 pp (17.9%) |
| 2023 | 2.3% | -1.0 pp (-30.3%) |