Mountain Lakes borough: Unemployment Rate Trend
How Mountain Lakes 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
7.6%
2023
2.1%
Total change
-5.5 pp
% change
-72.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.6% | — |
| 2019 | 4.1% | -3.5 pp (-46.1%) |
| 2020 | 4.9% | +0.8 pp (19.5%) |
| 2021 | 2.5% | -2.4 pp (-49%) |
| 2022 | 2.6% | +0.1 pp (4%) |
| 2023 | 2.1% | -0.5 pp (-19.2%) |