Department of Numbers

Ocean City, New Jersey Unemployment

The BLS reported that the unemployment rate for Ocean City rose 0.1 percentage points in January 2023 to 6.2%. For the same month, the metro unemployment rate was 2.8 percentage points higher than the New Jersey rate. The unemployment rate in Ocean City peaked in May 2020 at 25.4% and is now 19.2 percentage points lower. From a post peak low of 6.1% in December 2022, the unemployment rate has now grown by 0.1 percentage points. You can also compare Ocean City unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
New Jersey 3.4% +0.1 -1.7
Ocean City 6.2% +0.1 -0.8
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February metro level unemployment data has not yet been released.

Unemployment Rate: Ocean City, New Jersey, National

Ocean City, New Jersey monthly unemployment rate chart

Note: Recessions shown in gray.

Ocean City, New Jersey Unemployed

The number of people unemployed in Ocean City peaked in May 2020 at 10,933. There are now 7,982 fewer people unemployed in the metropolitan area. From a recent trough of 2,897 in June 2022, the number of unemployed has now grown by 54. Ocean City employment and jobs data (including jobs lost/gained in Ocean City, New Jersey) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Ocean City 2,951 +30 -298

Number of Unemployed Persons

Ocean City, New Jersey Unemployment History

Date National
Unemployment Rate
New Jersey
Unemployment Rate
Ocean City
Unemployment Rate
Ocean City
Unemployed
February
2023
3.6%
January
2023
3.4% 3.4% 6.2% 2,951
December
2022
3.5% 3.3% 6.1% 2,921
November
2022
3.6% 3.3% 6.2% 2,945
October
2022
3.7% 3.3% 6.3% 3,006
September
2022
3.5% 3.2% 6.3% 2,975
August
2022
3.7% 3.0% 6.3% 2,964
July
2022
3.5% 3.2% 6.2% 2,902
June
2022
3.6% 3.4% 6.2% 2,897
May
2022
3.6% 3.6% 6.2% 2,926
April
2022
3.6% 3.9% 6.3% 2,959
March
2022
3.6% 4.1% 6.5% 3,027

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.