Updated
Updated · wrnjradio.com · Jun 19
New Jersey Adds 2,200 Jobs in May as Unemployment Falls to 4.7%
Updated
Updated · wrnjradio.com · Jun 19

New Jersey Adds 2,200 Jobs in May as Unemployment Falls to 4.7%

3 articles · Updated · wrnjradio.com · Jun 19

Summary

  • New Jersey’s nonfarm payrolls rose to a seasonally adjusted 4,388,200 in May, while the state unemployment rate edged down 0.1 point from April to 4.7%.
  • Leisure and hospitality drove the monthly gain with 3,000 new jobs, followed by construction at 600 and trade, transportation and utilities at 200; the public sector added 1,300.
  • Those gains were partly offset by losses in professional and business services, down 1,500, manufacturing, down 500, and private education and health services, down 400, while information was flat.
  • April’s job growth was revised up to 7,100 from 5,600, but compared with a year earlier New Jersey’s private sector was still down a net 3,100 jobs and the public sector down 2,800.

Insights

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