Merchantville borough: Unemployment Rate Trend
How Merchantville 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
8.4%
2023
3.3%
Total change
-5.1 pp
% change
-60.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.4% | — |
| 2019 | 4.7% | -3.7 pp (-44%) |
| 2020 | 3.1% | -1.6 pp (-34%) |
| 2021 | 2.2% | -0.9 pp (-29%) |
| 2022 | 2.5% | +0.3 pp (13.6%) |
| 2023 | 3.3% | +0.8 pp (32%) |