Carlstadt borough: Unemployment Rate Trend
How Carlstadt 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
5.4%
Total change
-2.4 pp
% change
-30.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.8% | — |
| 2019 | 2.0% | -5.8 pp (-74.4%) |
| 2020 | 2.1% | +0.1 pp (5%) |
| 2021 | 3.3% | +1.2 pp (57.1%) |
| 2022 | 4.8% | +1.5 pp (45.5%) |
| 2023 | 5.4% | +0.6 pp (12.5%) |