Ocean City town: Unemployment Rate Trend
How Ocean City 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
8.7%
2023
5.9%
Total change
-2.8 pp
% change
-32.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 6.2% | -2.5 pp (-28.7%) |
| 2020 | 4.4% | -1.8 pp (-29%) |
| 2021 | 3.8% | -0.6 pp (-13.6%) |
| 2022 | 3.6% | -0.2 pp (-5.3%) |
| 2023 | 5.9% | +2.3 pp (63.9%) |