Elizabeth borough: Unemployment Rate Trend
How Elizabeth 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
7.7%
2023
2.8%
Total change
-4.9 pp
% change
-63.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.7% | — |
| 2019 | 6.1% | -1.6 pp (-20.8%) |
| 2020 | 8.4% | +2.3 pp (37.7%) |
| 2021 | 7.2% | -1.2 pp (-14.3%) |
| 2022 | 4.6% | -2.6 pp (-36.1%) |
| 2023 | 2.8% | -1.8 pp (-39.1%) |