Lake Park village: Unemployment Rate Trend
How Lake Park village'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
5.3%
2023
2.5%
Total change
-2.8 pp
% change
-52.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.3% | — |
| 2019 | 4.3% | -1.0 pp (-18.9%) |
| 2020 | 5.9% | +1.6 pp (37.2%) |
| 2021 | 5.9% | +0.0 pp (0%) |
| 2022 | 3.6% | -2.3 pp (-39%) |
| 2023 | 2.5% | -1.1 pp (-30.6%) |