Demarest borough: Unemployment Rate Trend
How Demarest 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
5.4%
2023
5.9%
Total change
+0.5 pp
% change
+9.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.4% | — |
| 2019 | 4.1% | -1.3 pp (-24.1%) |
| 2020 | 6.5% | +2.4 pp (58.5%) |
| 2021 | 5.9% | -0.6 pp (-9.2%) |
| 2022 | 4.8% | -1.1 pp (-18.6%) |
| 2023 | 5.9% | +1.1 pp (22.9%) |