Table 1: Major Indicators of Labor Market Activity for New Jersey Seasonally Adjusted 2016 Benchmark Labor Force Data (resident)
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1 Table 1: Major Indicators of Labor Market Activity for New Jersey Seasonally Adjusted Benchmark Labor Force Data (resident) Current Month Previous Month One Year Ago Net Change Net Change Dec. 17 (P) Nov. 17 (R) Dec. 16 over the Month over the Year Civilian Labor Force 4,489,700 4,515,700 4,507,800-26,000-18,100 Employment 4,265,500 4,285,400 4,295,300-19,900-29,800 Unemployment 224, , ,500-6,100 11,700 Unemployment Rate Employment Data (establishment) Current Month Previous Month One Year Ago Net Change Net Change Dec. 17 (P) Nov. 17 (R) Dec. 16 over the Month over the Year Total Nonfarm 4,126,600 4,138,000 4,103,700-11,400 22,900 Total Private Sector 3,519,000 3,529,000 3,492,300 26,700 Goods Producing 404, , ,200-2,500 11,900 Mining & Logging 1,300 1,400 1, Construction 154, , ,900-4,300 3,400 Manufacturing 248, , ,900 1,900 8,600 Service-Providing 3,722,500 3,731,400 3,711,500-8,900 11,000 Private Service-Providing 3,114,900 3,122,400 3,100,100-7,500 14,800 Trade, Transportation & Utilities 870, , ,100-6,100-5,100 Information 71,100 72,200 72,900-1,100-1,800 Financial Activities 249, , ,100-1,800-1,100 Professional and Business Services 669, , ,100 1, Education and Health Services 696, , ,600-2,100 10,100 Leisure and Hospitality 389, , ,200 2,800 13,800 Other Services 169, , , Public Sector 607, , ,400-1,400-3,800 3-Month Average Change Total Nonfarm 900 2,500 2,700 N/A N/A Private Sector 1,400 3,800 4,000 N/A N/A Weekly Hours of Work (not seasonally adjusted)* Manufacturing Durable Goods Nondurable Goods Hourly Earnings (not seasonally adjusted)* Manufacturing $21.88 $21.78 $22.10 $0.10 -$0.22 Durable Goods $25.89 $25.88 $25.98 $0.01 -$0.09 Nondurable Goods $18.79 $18.73 $19.06 $0.06 -$0.27 Weekly Earnings (not seasonally adjusted)** Manufacturing $ $ $ $0.29 -$26.61 Durable Goods $1, $1, $1, $ $16.66 Nondurable Goods $ $ $ $ $29.99 January 18, P - preliminary, R-revised. * Production workers. ** Weekly earnings are computed from not seasonally adjusted hourly earnings and hours of work data. Source: New Jersey Department of Labor and Workforce Development, Division of Economic and Demographic Research.
2 Benchmark Not Seasonally Adjusted Seasonally Adjusted Dec. 17 (P) Nov. 17 (R) Dec. 16 Dec. 17 (P) Nov. 17 (R) Dec. 16 Civilian Labor Force 4,435,000 4,484,900 4,491,300 4,489,700 4,515,700 4,507,800 Resident Employment 4,254,000 4,267,900 4,303,700 4,265,500 4,285,400 4,295,300 Unemployment 180, , , , , ,500 Unemployment Rate (%) Labor Force Participation Rate (%) Employment/Population Ratio (%) New Jersey Civilian Labor Force Annual Averages Year Labor Force Employment Unemployment Rate (% ) ,205,200 3,946, , ,263,800 4,039, , ,246,400 4,051, , ,287,900 4,094, , ,282,100 4,123, , ,288,800 4,106, , ,346,200 4,095, , ,347,200 4,093, , ,349,200 4,138, , ,391,600 4,194, , ,445,900 4,236, , ,441,800 4,251, , ,504,400 4,264, , ,550,600 4,138, , ,555,300 4,121, , ,565,300 4,138, , ,588,000 4,160, , ,531,900 4,159, , ,515,800 4,211, , ,530,500 4,267, , ,524,300 4,299, , Date Labor Force Employment Unemployment Rate % Jan 4,516,900 4,290, , Feb 4,517,400 4,289, , Mar 4,516,700 4,287, , Apr 4,515,700 4,284, , May 4,515,100 4,283, , Jun 4,514,800 4,283, , Jul 4,514,400 4,285, , Aug 4,514,000 4,288, , Sep 4,513,200 4,291, , Oct 4,511,800 4,293, , Nov 4,510,000 4,294, , Dec 4,507,800 4,295, , Jan 4,514,300 4,308, , Feb 4,523,300 4,321, , Mar 4,523,000 4,332, , Apr 4,528,600 4,343, , May 4,526,800 4,341, , Jun 4,520,100 4,333, , Jul 4,514,600 4,324, , Aug 4,515,800 4,314, , Sep 4,524,300 4,311, , Oct 4,251,300 4,300, , Nov (R) 4,515,700 4,285, , Dec (P) 4,489,700 4,265, , Source: New Jersey Department of Labor and Workforce Development, Division of Economic & Demographic Research. January 18, P - preliminary, R-revised. Table 2: New Jersey Civilian Labor Force Trends Seasonally Adjusted Civilian Labor Force Data for New Jersey 2015-
3 Table 3: New Jersey Nonfarm Employment by Industry for December Not Seasonally Adjusted, Benchmark Current Month Previous Month One Year Ago Net Change Industry Dec. 17 (P) Nov. 17 (R) Dec. 16 over the Year Total Nonfarm 4,166,400 4,165,600 4,141,200 25,200 Total Private Sector 3,546,100 3,541,900 3,518,200 27,900 Goods Producing 406, , ,700 10,900 Mining & Logging 1,300 1,400 1, Construction 156, , ,000 3,100 Manufacturing 249, , ,300 7,900 Durable Goods* 114, , ,400 5,800 Fabricated Metal Products 20,700 20,700 20, Machinery Manufacturing 13,400 13,400 13, Computer and Electronic Products 22,800 22,700 22, Miscellaneous Manufacturing 18,100 18,100 18, Nondurable Goods* 135, , ,900 2,100 Food Manufacturing 34,600 34,400 34, Paper Manufacturing 9,300 9,300 9, Printing and Related Support 14,400 14,400 14, Chemical Manufacturing 44,700 44,300 44, Pharmaceutical and Medicine 24,600 24,400 23,300 1,300 Service-Providing 3,759,800 3,756,100 3,745,500 14,300 Private Service-Providing 3,139,500 3,132,400 3,122,500 17,000 Trade, Transportation, and Utilities 899, , ,200-1,800 Wholesale Trade* 211, , ,400-4,300 Retail Trade* 479, , ,200 1,200 Building Material & Garden Equip. and Supplies Dealers 33,300 32,800 32,000 1,300 Food and Beverage Stores 113, , ,400 2,400 Health and Personal Care Stores 37,700 36,500 37, Clothing and Clothing Accessories Stores 59,500 57,200 59, Sporting Goods, Hobby, Book, and Music Stores 18,300 17,900 18, General Merchandise Stores 86,600 83,200 87, Transportation, Warehousing, and Utilities 208, , ,600 1,300 Utilities* 14,000 14,000 14, Transportation & Warehousing* 194, , ,500 1,400 Information 71,600 72,300 73,100-1,500 Publishing Industries (except Internet) 18,200 18,200 18,200 0 Telecommunications 27,700 28,000 29,100-1,400 Internet Service Providers, Web Portals, Data Proc. Srvs. 10,100 10,100 9, Financial Activities 249, , ,400-2,300 Finance and Insurance* 192, , ,300-1,300 Financial Investments and Related Activities 39,100 39,600 40,900-1,800 Insurance Carriers and Related Activities 81,000 80,800 81, Real Estate and Rental/Leasing* 57,100 57,900 58,100-1,000 Professional and Business Services 676, , ,800-1,700 Professional, Scientific and Technical Services* 304, , ,800 2,300 Management of Companies and Enterprises* 81,600 81,200 82,800-1,200 Administrative Support & Waste Management/Remediation* 290, , ,200-2,800 Education, Health and Social Assistance Services 705, , ,400 11,600 Educational Services* 113, , ,200 2,000 Health Care and Social Assistance* 591, , ,200 9,600 Hospitals 163, , , Nursing and Residential Care Facilities 96,000 94,700 97,200-1,200 Social Assistance 92,400 91,400 88,600 3,800 Leisure and Hospitality 369, , ,900 12,900 Arts, Entertainment and Recreation* 58,600 58,400 55,300 3,300 Accommodation and Food Services* 311, , ,600 9,600 Food Services and Drinking Places 262, , ,900 5,600 Other Services 168, , , Repair and Maintenance 32,200 32,600 32, Personal and Laundry Services 62,200 62,000 60,300 1,900 Religious, Grantmaking, Civic, Professional and Similar Org. 74,100 73,700 75,500-1,400 Government 620, , ,000-2,700 January 18, 2018 P - preliminary, R-revised. Shaded rows denote supersector series, * denote sector series. Source: New Jersey Department of Labor and Workforce Development, Division of Economic and Demographic Research.
4 Table 4: New Jersey Nonfarm Employment Benchmark Annual Averages Total Private Sector Public Service- Year Total Manufacturing Construction Providing ,635,100 3,064, , ,000 2,506, , ,720,200 3,150, , ,800 2,588, , ,801,900 3,230, , ,100 2,664, , ,901,900 3,324, , ,600 2,757, , ,995,500 3,406, , ,600 2,835, , ,998,000 3,394, , ,800 2,834, , ,984,800 3,370, , ,600 2,841, , ,978,600 3,355, , ,500 2,845, , ,999,400 3,364, , ,900 2,861, , ,040,000 3,396, , ,100 2,898, , ,071,500 3,422, , ,900 2,924, , ,079,100 3,429, , ,300 2,947, , ,050,600 3,399, , ,500 2,938, , ,896,400 3,242, , ,600 2,841, , ,851,000 3,209, , ,500 2,826, , ,850,100 3,229, , ,900 2,851, , ,893,300 3,275, , ,400 2,902, , ,938,100 3,320, , ,600 2,942, , ,970,900 3,351, , ,600 2,969, , ,015,700 3,401, , ,400 3,013, ,200 4,075,500 3,461, , ,000 3,065, ,200 Seasonally Adjusted Monthly Data Jan 4,046,600 3,433, , ,900 3,036, ,200 Feb 4,056,500 3,442, , ,400 3,045, ,700 Mar 4,061,300 3,446, , ,900 3,047, ,100 Apr 4,064,100 3,451, , ,500 3,054, ,800 May 4,060,500 3,446, , ,900 3,050, ,400 Jun 4,069,900 3,456, , ,100 3,059, ,900 Jul 4,085,000 3,469, , ,200 3,071, ,700 Aug 4,091,300 3,474, , ,900 3,076, ,100 Sep 4,095,700 3,480, , ,800 3,083, ,300 Oct 4,095,700 3,483, , ,400 3,090, ,300 Nov 4,094,800 3,482, , ,600 3,091, ,000 Dec 4,103,700 3,492, , ,900 3,100, ,400 Jan 4,117,600 3,508, , ,100 3,108, ,400 Feb 4,128,500 3,519, , ,700 3,115, ,100 Mar 4,116,000 3,505, , ,000 3,103, ,700 Apr 4,116,700 3,508, , ,000 3,108, ,500 May 4,107,600 3,497, , ,500 3,096, ,900 Jun 4,122,500 3,512, , ,600 3,106, ,300 Jul 4,129,200 3,517, , ,900 3,112, ,900 Aug 4,130,500 3,517, , ,100 3,111, ,000 Sep 4,124,000 3,514, , ,900 3,109, ,100 Oct 4,130,300 3,521, , ,100 3,116, ,400 Nov (R) 4,138,000 3,529, , ,600 3,122, ,000 Dec (P) 4,126,600 3,519, , ,300 3,114, ,600 January 18, 2018 P - preliminary, R-revised. Source: New Jersey Department of Labor and Workforce Development, Division of Economic & Demographic Research.
5 Percent Key Economic Indicators: December (Seasonally Adjusted) 20,000 NJ Monthly Total Employme nt Change 15,000 10,000 5, ,900 13,900 10, ,900 6,700 1,300 6,300 7,700-5,000-15,000-6,500-9,100-12,500-11,400 NJ Monthly Private Sector Employment Change 20,000 15,000 10,000 5, ,500 15,900 11,200 2,900 14,500 5, ,000 7,100-5,000-2,600-15,000-20,000-10,500-14, New Jersey Total Unemployment Rate Dec % Dec % January 18, 2018 Source: New Jersey Dept. of Labor and Workforce Development, Division of Economic and Demographic Research.
Employment Data (establishment)
Table 1: Major Indicators of Labor Market Activity for New Jersey Seasonally Adjusted (thousands) Benchmark Labor Force Data (resident) Current Month Previous Month One Year Ago Net Change Net Change May
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