Park Falls city: Unemployment Rate Trend
How Park Falls 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
3.1%
2023
1.1%
Total change
-2.0 pp
% change
-64.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.1% | — |
| 2019 | 2.0% | -1.1 pp (-35.5%) |
| 2020 | 2.0% | +0.0 pp (0%) |
| 2021 | 2.8% | +0.8 pp (40%) |
| 2022 | 2.7% | -0.1 pp (-3.6%) |
| 2023 | 1.1% | -1.6 pp (-59.3%) |