Cape May city: Unemployment Rate Trend
How Cape May city'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
4.7%
2023
2.5%
Total change
-2.2 pp
% change
-46.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.7% | — |
| 2019 | 2.5% | -2.2 pp (-46.8%) |
| 2020 | 2.1% | -0.4 pp (-16%) |
| 2021 | 5.0% | +2.9 pp (138.1%) |
| 2022 | 4.7% | -0.3 pp (-6%) |
| 2023 | 2.5% | -2.2 pp (-46.8%) |