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Lorain city: Unemployment Rate Trend

How Lorain 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
11.4%
2023
7.0%
Total change
-4.4 pp
% change
-38.6%
Year Unemployment Rate Change
2017 11.4%
2019 8.7% -2.7 pp (-23.7%)
2020 8.1% -0.6 pp (-6.9%)
2021 6.6% -1.5 pp (-18.5%)
2022 6.2% -0.4 pp (-6.1%)
2023 7.0% +0.8 pp (12.9%)

Other Lorain city Trends