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
3.4%
2023
2.9%
Total change
-0.5 pp
% change
-14.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.4% | — |
| 2019 | 5.7% | +2.3 pp (67.6%) |
| 2020 | 4.5% | -1.2 pp (-21.1%) |
| 2021 | 6.5% | +2.0 pp (44.4%) |
| 2022 | 4.5% | -2.0 pp (-30.8%) |
| 2023 | 2.9% | -1.6 pp (-35.6%) |