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
4.3%
2023
2.1%
Total change
-2.2 pp
% change
-51.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.3% | — |
| 2019 | 4.0% | -0.3 pp (-7%) |
| 2020 | 3.3% | -0.7 pp (-17.5%) |
| 2021 | 3.4% | +0.1 pp (3%) |
| 2022 | 3.1% | -0.3 pp (-8.8%) |
| 2023 | 2.1% | -1.0 pp (-32.3%) |