Ocean City, New Jersey Unemployment
The BLS reported that the unemployment rate for Ocean City rose 1.5 percentage points in November 2020 to 12.0%. For the same month, the metro unemployment rate was 1.8 percentage points higher than the New Jersey rate. The unemployment rate in Ocean City peaked in June 2020 at 26.6% and is now 14.6 percentage points lower. From a post peak low of 10.5% in October 2020, the unemployment rate has now grown by 1.5 percentage points. You can also compare Ocean City unemployment with unemployment in other cities.
| Unemployment Rate | November 2020 | Month/Month | Year/Year |
|---|---|---|---|
| National | 6.7% | -0.2 | +3.1 |
| New Jersey | 10.2% | +2.2 | +6.5 |
| Ocean City | 12.0% | +1.5 | +4.6 |
Unemployment Rate: Ocean City, New Jersey, National
Note: Recessions shown in gray.
Ocean City, New Jersey Unemployed
The number of people unemployed in Ocean City peaked in April 2020 at 11,451. There are now 5,961 fewer people unemployed in the metropolitan area. From a recent trough of 4,325 in September 2020, the number of unemployed has now grown by 1,165. Ocean City employment and jobs data (including jobs lost/gained in Ocean City, New Jersey) is also available.
| Unemployed Persons | November 2020 | Month/Month | Year/Year |
|---|---|---|---|
| Ocean City | 5,490 | +764 | +2,044 |
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 |
|---|---|---|---|---|
| December 2020 |
6.7% | — | — | — |
| November 2020 |
6.7% | 10.2% | 12.0% | 5,490 |
| October 2020 |
6.9% | 8.0% | 10.5% | 4,726 |
| September 2020 |
7.8% | 6.7% | 10.9% | 4,325 |
| August 2020 |
8.4% | 11.1% | 17.9% | 6,802 |
| July 2020 |
10.2% | 14.2% | 23.1% | 8,414 |
| June 2020 |
11.1% | 16.8% | 26.6% | 10,574 |
| May 2020 |
13.3% | 15.4% | 24.5% | 10,606 |
| April 2020 |
14.8% | 16.3% | 24.8% | 11,451 |
| March 2020 |
4.4% | 3.7% | 7.3% | 3,412 |
| February 2020 |
3.5% | 3.8% | 7.3% | 3,429 |
| January 2020 |
3.5% | 3.8% | 7.4% | 3,439 |
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. ↩
Department of Numbers
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