Caldwell borough: Unemployment Rate Trend
How Caldwell 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
5.7%
2023
4.0%
Total change
-1.7 pp
% change
-29.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.7% | — |
| 2019 | 3.4% | -2.3 pp (-40.4%) |
| 2020 | 3.9% | +0.5 pp (14.7%) |
| 2021 | 3.9% | +0.0 pp (0%) |
| 2022 | 4.0% | +0.1 pp (2.6%) |
| 2023 | 4.0% | +0.0 pp (0%) |