Parsippany CDP: Unemployment Rate Trend
How Parsippany CDP's unemployment rate changed from 2020 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.
2020
3.7%
2023
5.4%
Total change
+1.7 pp
% change
+45.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | — | — |
| 2019 | — | — |
| 2020 | 3.7% | — |
| 2021 | 5.0% | +1.3 pp (35.1%) |
| 2022 | 5.3% | +0.3 pp (6%) |
| 2023 | 5.4% | +0.1 pp (1.9%) |