Allendale borough: Unemployment Rate Trend
How Allendale borough'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
7.8%
2023
2.7%
Total change
-5.1 pp
% change
-65.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.8% | — |
| 2019 | 3.3% | -4.5 pp (-57.7%) |
| 2020 | 3.4% | +0.1 pp (3%) |
| 2021 | 4.1% | +0.7 pp (20.6%) |
| 2022 | 3.6% | -0.5 pp (-12.2%) |
| 2023 | 2.7% | -0.9 pp (-25%) |