Lares Municipio: Unemployment Rate Trend
How Lares Municipio'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
11.2%
2023
7.1%
Total change
-4.1 pp
% change
-36.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.2% | — |
| 2019 | 7.3% | -3.9 pp (-34.8%) |
| 2020 | — | — |
| 2021 | 7.3% | — |
| 2022 | 5.8% | -1.5 pp (-20.5%) |
| 2023 | 7.1% | +1.3 pp (22.4%) |