Lavallette borough: Unemployment Rate Trend
How Lavallette 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
9.2%
2023
1.7%
Total change
-7.5 pp
% change
-81.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.2% | — |
| 2019 | 3.5% | -5.7 pp (-62%) |
| 2020 | 2.8% | -0.7 pp (-20%) |
| 2021 | 1.7% | -1.1 pp (-39.3%) |
| 2022 | 1.2% | -0.5 pp (-29.4%) |
| 2023 | 1.7% | +0.5 pp (41.7%) |