Carteret borough: Unemployment Rate Trend
How Carteret 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
8.4%
2023
8.8%
Total change
+0.4 pp
% change
+4.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.4% | — |
| 2019 | 5.7% | -2.7 pp (-32.1%) |
| 2020 | 6.2% | +0.5 pp (8.8%) |
| 2021 | 7.1% | +0.9 pp (14.5%) |
| 2022 | 7.3% | +0.2 pp (2.8%) |
| 2023 | 8.8% | +1.5 pp (20.5%) |