Watchung borough: Unemployment Rate Trend
How Watchung 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
2.4%
2023
8.0%
Total change
+5.6 pp
% change
+233.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.4% | — |
| 2019 | 5.1% | +2.7 pp (112.5%) |
| 2020 | 3.1% | -2.0 pp (-39.2%) |
| 2021 | 5.9% | +2.8 pp (90.3%) |
| 2022 | 6.8% | +0.9 pp (15.3%) |
| 2023 | 8.0% | +1.2 pp (17.6%) |