Bay Head borough: Unemployment Rate Trend
How Bay Head 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
4.5%
2023
0.9%
Total change
-3.6 pp
% change
-80%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.5% | — |
| 2019 | 4.4% | -0.1 pp (-2.2%) |
| 2020 | 5.9% | +1.5 pp (34.1%) |
| 2021 | 5.0% | -0.9 pp (-15.3%) |
| 2022 | 2.7% | -2.3 pp (-46%) |
| 2023 | 0.9% | -1.8 pp (-66.7%) |