Red Bank city: Unemployment Rate Trend
How Red Bank city'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
4.4%
2023
3.6%
Total change
-0.8 pp
% change
-18.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.4% | — |
| 2019 | 2.2% | -2.2 pp (-50%) |
| 2020 | 2.8% | +0.6 pp (27.3%) |
| 2021 | 3.2% | +0.4 pp (14.3%) |
| 2022 | 3.4% | +0.2 pp (6.2%) |
| 2023 | 3.6% | +0.2 pp (5.9%) |