Lake Placid town: Unemployment Rate Trend
How Lake Placid town'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
11.8%
2023
7.3%
Total change
-4.5 pp
% change
-38.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.8% | — |
| 2019 | 11.5% | -0.3 pp (-2.5%) |
| 2020 | 24.5% | +13.0 pp (113%) |
| 2021 | 10.7% | -13.8 pp (-56.3%) |
| 2022 | 9.8% | -0.9 pp (-8.4%) |
| 2023 | 7.3% | -2.5 pp (-25.5%) |