Unemployment Rate in Lake County, IL was 5.80% in December of 2025, according to the United States Federal Reserve. Historically, Unemployment Rate in Lake County, IL reached a record high of 14.80 in April of 2020 and a record low of 2.30 in October of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in Lake County, IL - last updated from the United States Federal Reserve on April of 2026.