Pequot Lakes city: Unemployment Rate Trend
How Pequot Lakes 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
3.4%
2023
8.9%
Total change
+5.5 pp
% change
+161.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.4% | — |
| 2019 | 2.4% | -1.0 pp (-29.4%) |
| 2020 | 7.2% | +4.8 pp (200%) |
| 2021 | 9.0% | +1.8 pp (25%) |
| 2022 | 8.3% | -0.7 pp (-7.8%) |
| 2023 | 8.9% | +0.6 pp (7.2%) |