Union Beach borough: Unemployment Rate Trend
How Union Beach 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
11.1%
2023
3.1%
Total change
-8.0 pp
% change
-72.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.1% | — |
| 2019 | 5.5% | -5.6 pp (-50.5%) |
| 2020 | 4.9% | -0.6 pp (-10.9%) |
| 2021 | 5.8% | +0.9 pp (18.4%) |
| 2022 | 3.6% | -2.2 pp (-37.9%) |
| 2023 | 3.1% | -0.5 pp (-13.9%) |