Lakewood city: Unemployment Rate Trend
How Lakewood city'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
9.7%
2023
5.5%
Total change
-4.2 pp
% change
-43.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.7% | — |
| 2019 | 6.7% | -3.0 pp (-30.9%) |
| 2020 | 5.5% | -1.2 pp (-17.9%) |
| 2021 | 5.5% | +0.0 pp (0%) |
| 2022 | 5.2% | -0.3 pp (-5.5%) |
| 2023 | 5.5% | +0.3 pp (5.8%) |