New Jersey Monthly Employment Statistics
- 4,298,713 employed workers
- 147,101 unemployed workers
- 3.3% unemployment rate
The total employment for New Jersey is 4,202,000, which is -500 less than last month, a decrease of 0.01%. The total employment a year ago was 4,153,700, which is 48,300 lower than today. Employment has increased by 1.16% in the last year. Last months' total employment data was updated but changed less than 0.05%, a fairly insignificant amount. Last months total employment was revised to 4,203 from 4,203.
The Trade, Transport and Utilities sectors are the leading employers in New Jersey. There are 889,000 employees in the sector. Last month the sector had 887,400 employees last month, an increase of 1,600 (0.18%). Last year the sector had 887,700 employees last year, an increase of 1,300 (0.15%).
The chart below illustrates the total monthly employment:
INSERT MONTHLY EMPLOYMENT LINE CHART HERE.
In the month of July, 2019 the average hours worked was 40.8, this was a decrease from last month, which averaged 41.1 hours. This represents a change of 0.7%. Average hourly wages for the month were $24.13 per hour, which translates to $984.50 per week. Hourly wages increased over the last month from $24.04 per hour an increase of 0.4%. Weekly wages decreased over the last month from $988.04 per week a decrease of 0.4%.
A year ago, the average hours worked was 40.1 hourse per week, which is an increase of 1.7%. Hourly wages have increased over the last year from $22.45 per hour, an increase of 7.5%. Weekly wages have increased over the last year from $900.25 per week, an increase of 9.4%.
The chart below illustrates the average monthly wages:
The unemployment rate decreased in July, 2019 from 3.5% to this months' 3.3%. A year ago the unemployment rate was 4.0%, 0.7% lower today. The total workforce in July, 2019 was 4,445,814, which is 0.1% higher than last months 4,443,351 and is 0.1% higher than last years 4,416,691. The total number of unemployed in New Jersey is 147,101 as compared to the revised figure from last month of 156,473 and 178,120 unemployed a year ago.
The chart below illustrates the change in the unemployment rate over the last year in New Jersey:
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.