Garwood borough: Unemployment Rate Trend
How Garwood 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
3.3%
2023
6.0%
Total change
+2.7 pp
% change
+81.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.3% | — |
| 2019 | 5.3% | +2.0 pp (60.6%) |
| 2020 | 8.3% | +3.0 pp (56.6%) |
| 2021 | 7.2% | -1.1 pp (-13.3%) |
| 2022 | 6.0% | -1.2 pp (-16.7%) |
| 2023 | 6.0% | +0.0 pp (0%) |