Powers Lake CDP: Unemployment Rate Trend
How Powers Lake CDP'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
11.9%
2023
3.6%
Total change
-8.3 pp
% change
-69.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.9% | — |
| 2019 | 8.1% | -3.8 pp (-31.9%) |
| 2020 | 9.2% | +1.1 pp (13.6%) |
| 2021 | 8.6% | -0.6 pp (-6.5%) |
| 2022 | 4.9% | -3.7 pp (-43%) |
| 2023 | 3.6% | -1.3 pp (-26.5%) |