Lake of the Woods CDP: Unemployment Rate Trend
How Lake of the Woods CDP'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
11.6%
2023
13.4%
Total change
+1.8 pp
% change
+15.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.6% | — |
| 2019 | 8.1% | -3.5 pp (-30.2%) |
| 2020 | 12.4% | +4.3 pp (53.1%) |
| 2021 | 15.0% | +2.6 pp (21%) |
| 2022 | 13.4% | -1.6 pp (-10.7%) |
| 2023 | 13.4% | +0.0 pp (0%) |