Red Bank CDP: Unemployment Rate Trend
How Red Bank CDP'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
6.1%
2023
6.5%
Total change
+0.4 pp
% change
+6.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.1% | — |
| 2019 | 6.2% | +0.1 pp (1.6%) |
| 2020 | 4.9% | -1.3 pp (-21%) |
| 2021 | 6.3% | +1.4 pp (28.6%) |
| 2022 | 5.7% | -0.6 pp (-9.5%) |
| 2023 | 6.5% | +0.8 pp (14%) |