Palisades Park borough: Unemployment Rate Trend
How Palisades Park 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
5.3%
2023
5.4%
Total change
+0.1 pp
% change
+1.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.3% | — |
| 2019 | 3.9% | -1.4 pp (-26.4%) |
| 2020 | 4.9% | +1.0 pp (25.6%) |
| 2021 | 5.6% | +0.7 pp (14.3%) |
| 2022 | 5.8% | +0.2 pp (3.6%) |
| 2023 | 5.4% | -0.4 pp (-6.9%) |