Paddock Lake village: Unemployment Rate Trend
How Paddock Lake 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
6.6%
2023
2.6%
Total change
-4.0 pp
% change
-60.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.6% | — |
| 2019 | 4.8% | -1.8 pp (-27.3%) |
| 2020 | 3.8% | -1.0 pp (-20.8%) |
| 2021 | 3.6% | -0.2 pp (-5.3%) |
| 2022 | 2.9% | -0.7 pp (-19.4%) |
| 2023 | 2.6% | -0.3 pp (-10.3%) |