Oak Island town: Unemployment Rate Trend
How Oak Island town'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
5.4%
2023
3.6%
Total change
-1.8 pp
% change
-33.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.4% | — |
| 2019 | 3.3% | -2.1 pp (-38.9%) |
| 2020 | 3.0% | -0.3 pp (-9.1%) |
| 2021 | 5.7% | +2.7 pp (90%) |
| 2022 | 4.9% | -0.8 pp (-14%) |
| 2023 | 3.6% | -1.3 pp (-26.5%) |