Farmingdale borough: Unemployment Rate Trend
How Farmingdale 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
6.3%
2023
13.1%
Total change
+6.8 pp
% change
+107.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.3% | — |
| 2019 | 7.0% | +0.7 pp (11.1%) |
| 2020 | 11.4% | +4.4 pp (62.9%) |
| 2021 | 12.6% | +1.2 pp (10.5%) |
| 2022 | 11.1% | -1.5 pp (-11.9%) |
| 2023 | 13.1% | +2.0 pp (18%) |