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
2.0%
2023
9.9%
Total change
+7.9 pp
% change
+395%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.0% | — |
| 2019 | 4.8% | +2.8 pp (140%) |
| 2020 | 3.1% | -1.7 pp (-35.4%) |
| 2021 | 5.6% | +2.5 pp (80.6%) |
| 2022 | 7.4% | +1.8 pp (32.1%) |
| 2023 | 9.9% | +2.5 pp (33.8%) |