Lake Forest city: Unemployment Rate Trend
How Lake Forest 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
5.0%
2023
4.6%
Total change
-0.4 pp
% change
-8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.0% | — |
| 2019 | 4.2% | -0.8 pp (-16%) |
| 2020 | 4.9% | +0.7 pp (16.7%) |
| 2021 | 5.6% | +0.7 pp (14.3%) |
| 2022 | 5.0% | -0.6 pp (-10.7%) |
| 2023 | 4.6% | -0.4 pp (-8%) |