Ocean City, New Jersey Unemployment
The BLS reported that the unemployment rate for Ocean City rose 0.8 percentage points in July 2021 to 9.4%. For the same month, the metro unemployment rate was 2.1 percentage points higher than the New Jersey rate. The unemployment rate in Ocean City peaked in May 2020 at 26.4% and is now 17.0 percentage points lower. From a post peak low of 7.2% in January 2021, the unemployment rate has now grown by 2.2 percentage points. You can also compare Ocean City unemployment with unemployment in other cities.
| Unemployment Rate | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 5.4% | -0.5 | -4.8 |
| New Jersey | 7.3% | +0.1 | -5.8 |
| Ocean City | 9.4% | +0.8 | -9.2 |
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 11,574. There are now 7,074 fewer people unemployed in the metropolitan area. From a recent trough of 3,542 in January 2021, the number of unemployed has now grown by 958. Ocean City employment and jobs data (including jobs lost/gained in Ocean City, New Jersey) is also available.
| Unemployed Persons | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Ocean City | 4,500 | +137 | -3,441 |
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 |
|---|---|---|---|---|
| August 2021 |
5.2% | — | — | — |
| July 2021 |
5.4% | 7.3% | 9.4% | 4,500 |
| June 2021 |
5.9% | 7.2% | 8.6% | 4,363 |
| May 2021 |
5.8% | 7.2% | 8.3% | 4,204 |
| April 2021 |
6.1% | 7.5% | 8.2% | 4,128 |
| March 2021 |
6.0% | 7.6% | 8.2% | 4,109 |
| February 2021 |
6.2% | 7.8% | 8.3% | 4,140 |
| January 2021 |
6.3% | 7.8% | 7.2% | 3,542 |
| December 2020 |
6.7% | 7.7% | 7.6% | 3,708 |
| November 2020 |
6.7% | 10.2% | 10.4% | 5,155 |
| October 2020 |
6.9% | 7.7% | 9.0% | 4,308 |
| September 2020 |
7.8% | 7.8% | 10.9% | 4,812 |
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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