Matawan borough: Unemployment Rate Trend
How Matawan 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
5.1%
2023
5.7%
Total change
+0.6 pp
% change
+11.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.1% | — |
| 2019 | 3.8% | -1.3 pp (-25.5%) |
| 2020 | 5.7% | +1.9 pp (50%) |
| 2021 | 5.8% | +0.1 pp (1.8%) |
| 2022 | 4.3% | -1.5 pp (-25.9%) |
| 2023 | 5.7% | +1.4 pp (32.6%) |