Bloomfield borough: Unemployment Rate Trend
How Bloomfield 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
6.3%
2023
2.5%
Total change
-3.8 pp
% change
-60.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.3% | — |
| 2019 | 9.1% | +2.8 pp (44.4%) |
| 2020 | 7.6% | -1.5 pp (-16.5%) |
| 2021 | 6.5% | -1.1 pp (-14.5%) |
| 2022 | 4.7% | -1.8 pp (-27.7%) |
| 2023 | 2.5% | -2.2 pp (-46.8%) |