May 19, 2016 - Current Month Previous Month One Year Ago ... Apr. 15 over the Month over the Year .... Internet Service
Table 1: Major Indicators of Labor Market Activity for New Jersey Seasonally Adjusted 2015 Benchmark Labor Force Data (resident)
Civilian Labor Force Employment Unemployment Unemployment Rate (%)
Current Month Apr. 16 (P) 4,585,900 4,372,100 213,800 4.7
Previous Month One Year Ago Net Change Mar. 16 (R) Apr. 15 over the Month 4,579,700 4,542,500 6,200 4,378,900 4,270,300 -6,800 200,700 272,200 13,100 4.4 6.0 0.3
Net Change over the Year 43,400 101,800 -58,400 -1.3
Employment Data (establishment) Current Month Apr. 16 (P) Total Nonfarm 4,066,400 Total Private Sector 3,449,700 Goods Producing 391,000 Mining & Logging 1,300 Construction 150,600 Manufacturing 239,100 Service-Providing 3,675,400 Private Service-Providing 3,058,700 Trade, Transportation & Utilities 870,900 Information 73,200 Financial Activities 255,700 Professional and Business Services 650,500 Education and Health Services 670,400 Leisure and Hospitality 366,000 Other Services 172,000 Public Sector 616,700
Previous Month One Year Ago Net Change Mar. 16 (R) Apr. 15 over the Month 4,073,900 4,002,500 -7,500 3,460,500 3,389,300 -10,800 391,800 386,300 -800 1,400 1,400 -100 152,400 147,500 -1,800 238,000 237,400 1,100 3,682,100 3,616,200 -6,700 3,068,700 3,003,000 -10,000 869,600 850,200 1,300 75,000 74,600 -1,800 254,900 248,900 800 657,200 648,400 -6,700 672,000 655,000 -1,600 367,800 357,100 -1,800 172,200 168,800 -200 613,400 613,200 3,300
Net Change over the Year 63,900 60,400 4,700 -100 3,100 1,700 59,200 55,700 20,700 -1,400 6,800 2,100 15,400 8,900 3,200 3,500
3-Month Average Change Total Nonfarm Private Sector
3,100 1,200
400 800
4,900 4,900
N/A N/A
N/A N/A
39.3 38.7 39.9
0.4 0.6 0.2
0.9 1.3 0.5
$19.88 $23.70 $16.54
$0.25 $0.43 $0.10
$1.25 $1.45 $1.13
$18.41 $32.03 $7.56
$68.15 $88.81 $53.92
Weekly Hours of Work (not seasonally adjusted)* Manufacturing Durable Goods Nondurable Goods
40.2 40.0 40.4
39.8 39.4 40.2
Hourly Earnings (not seasonally adjusted)* Manufacturing Durable Goods Nondurable Goods
$21.13 $25.15 $17.67
$20.88 $24.72 $17.57
Weekly Earnings (not seasonally adjusted)** Manufacturing Durable Goods Nondurable Goods
$849.43 $1,006.00 $713.87
$831.02 $973.97 $706.31
$781.28 $917.19 $659.95
M ay 19, 2016. 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.
Table 2: New Jersey Civilian Labor Force Trends 2015 Benchmark Not Seasonally Adjusted Civilian Labor Force Resident Employment Unemployment Unemployment Rate (%) Labor Force Participation Rate (%) Employment/Population Ratio (%)
Apr. 16 (P) 4,558,700 4,336,700 222,000 4.9 64.0 60.9
Mar. 16 (R) 4,590,000 4,359,500 230,400 5.0 64.5 61.2
Seasonally Adjusted Apr. 15 4,528,700 4,268,500 260,100 5.7 64.0 60.3
Apr. 16 (P) 4,585,900 4,372,100 213,800 4.7 64.4 61.4
Mar. 16 (R) 4,579,700 4,378,900 200,700 4.4 64.3 61.5
Apr. 15 4,542,500 4,270,300 272,200 6.0 64.2 60.3
New Jersey Civilian Labor Force Annual Averages 1995 - 2015 Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Labor Force 4,121,600 4,205,200 4,263,800 4,246,400 4,287,900 4,282,100 4,288,800 4,346,200 4,347,200 4,349,200 4,391,600 4,445,900 4,441,800 4,504,400 4,550,600 4,555,300 4,565,300 4,585,300 4,528,500 4,513,600 4,543,800
Employment 3,857,500 3,946,700 4,039,800 4,051,500 4,094,600 4,123,700 4,106,200 4,095,200 4,093,700 4,138,800 4,194,900 4,236,500 4,251,800 4,264,000 4,138,600 4,121,500 4,138,500 4,158,600 4,157,600 4,209,700 4,288,800
Unemployment
264,100 258,600 224,000 194,900 193,300 158,400 182,600 251,100 253,500 210,300 196,700 209,400 190,000 240,500 412,100 433,900 426,800 426,800 370,800 303,900 255,000
Rate (% ) 6.4 6.1 5.3 4.6 4.5 3.7 4.3 5.8 5.8 4.8 4.5 4.7 4.3 5.3 9.1 9.5 9.3 9.3 8.2 6.7 5.6
Seasonally Adjusted Civilian Labor Force Data for New Jersey 2015-2016 Date Jan 2015 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Labor Force
Unemployment
4,546,600 4,545,100 4,542,500 4,539,400 4,536,900 4,536,500 4,538,800 4,543,400 4,549,200 4,555,000 4,560,900
Employment 4,257,100 4,261,100 4,265,500 4,270,300 4,275,500 4,281,500 4,289,000 4,298,200 4,309,000 4,320,400 4,331,300 4,340,900
289,600 285,500 279,600 272,200 263,800 255,400 247,500 240,600 234,400 228,700 223,700 220,000
Rate % 6.4 6.3 6.2 6.0 5.8 5.6 5.5 5.3 5.2 5.0 4.9 4.8
Jan 2016 Feb Mar (R) Apr (P) May Jun Jul Aug Sep Oct Nov Dec
4,561,900 4,565,900 4,579,700 4,585,900
4,354,800 4,367,600 4,378,900 4,372,100
207,100 198,400 200,700 213,800
4.5 4.3 4.4 4.7
4,546,700
Source: New Jersey Department of Labor and Workforce Development, Division of Economic & Demographic Research. M ay 19, 2016. P - preliminary, R-revised.
Table 3: New Jersey Nonfarm Employment by Industry for April 2016 Not Seasonally Adjusted, 2015 Benchmark Industry Total Nonfarm Total Private Sector Goods Producing Mining & Logging Construction Manufacturing Durable Goods Fabricated Metal Products Machinery Manufacturing Computer and Electronic Products Miscellaneous Manufacturing Nondurable Goods Food Manufacturing Paper Manufacturing Printing and Related Support Chemical Manufacturing Pharmaceutical and Medicine Service-Providing Private Service-Providing Trade, Transportation, and Utilities Wholesale Trade* Retail Trade* Building Material & Garden Equip. and Supplies Dealers Food and Beverage Stores Health and Personal Care Stores Clothing and Clothing Accessories Stores Sporting Goods, Hobby, Book, and Music Stores General Merchandise Stores Transportation, Warehousing, and Utilities Utilities* Transportation & Warehousing* Information Publishing Industries (except Internet) Telecommunications Internet Service Providers, Web Portals, Data Proc. Srvs. Financial Activities Finance and Insurance* Securities, Commodity Contracts and Other Fin. Investments Insurance Carriers and Related Activities Real Estate and Rental/Leasing* Professional and Business Services Professional, Scientific and Technical Services* Management of Companies and Enterprises* Administrative Support & Waste Management/Remediation* Education, Health and Social Assistance Services Educational Services* Health Care and Social Assistance* Hospitals Nursing and Residential Care Facilities Social Assistance Leisure and Hospitality Arts, Entertainment and Recreation* Accommodation and Food Services* Food Services and Drinking Places Other Services Repair and Maintenance Personal and Laundry Services Religious, Grantmaking, Civic, Professional and Similar Org. Government
Curre nt Month Pre vious Month Apr. 16 (P) Mar. 16 (R)
4,047,500 3,416,500 387,100 1,300 147,900 237,900 108,800 20,000 13,900 23,300 18,000 129,100 31,900 10,100 14,200 44,800 23,200 3,660,400 3,029,400 859,800 219,900 459,800 33,800 114,600 35,400 49,500 16,300 74,100 180,100 14,300 165,800 73,300 18,600 29,600 10,000 253,900 198,500 41,100 89,800 55,400 646,500 296,900 81,600 268,000 674,500 112,200 562,300 159,600 94,400 83,300 351,000 57,900 293,100 245,800 170,400 32,500 60,200 77,700 631,000
One Ye ar Ago Apr. 15
Ne t Change ove r the Ye ar
3,993,800 3,365,000 383,600 1,400 146,000 236,200 108,800 20,100 14,000 23,000 18,000 127,400 31,200 10,100 14,600 43,300 22,200 3,610,200 2,981,400 840,100 215,000 451,400 32,700 113,200 35,100 50,500 16,400 73,700 173,700 14,200 159,500 74,100 19,200 30,600 9,600 247,400 192,400 40,200 86,000 55,000 646,300 295,800 80,600 269,900 659,200 103,400 555,800 156,500 94,800 81,900 346,200 57,300 288,900 241,400 168,100 33,800 56,700 77,600 628,800
53,700 51,500 3,500 -100 1,900 1,700 0 -100 -100 300 0 1,700 700 0 -400 1,500 1,000 50,200 48,000 19,700 4,900 8,400 1,100 1,400 300 -1,000 -100 400 6,400 100 6,300 -800 -600 -1,000 400 6,500 6,100 900 3,800 400 200 1,100 1,000 -1,900 15,300 8,800 6,500 3,100 -400 1,400 4,800 600 4,200 4,400 2,300 -1,300 3,500 100 2,200
4,015,600 3,390,000 380,500 1,300 142,400 236,800 109,200 20,100 13,900 23,300 17,900 127,600 31,900 10,100 14,300 44,100 22,900 3,635,100 3,009,500 855,400 217,700 456,600 32,400 114,500 35,500 49,300 16,400 74,000 181,100 14,300 166,800 74,400 18,700 30,100 10,000 253,200 198,300 41,000 89,800 54,900 641,300 298,200 81,400 261,700 675,000 111,900 563,100 159,700 94,700 83,000 340,200 52,000 288,200 242,200 170,000 32,800 60,500 76,700 625,600
May 19, 2016 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.
Table 4: New Jersey Nonfarm Employment 2015 Benchmark Annual Averages Total Private Sector Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
3,597,100 3,634,900 3,719,800 3,801,300 3,901,100 3,994,500 3,996,800 3,983,600 3,977,100 3,997,800 4,038,200 4,069,500 4,076,900 4,048,200 3,893,900 3,848,300 3,847,300 3,890,300 3,935,000 3,967,500 4,022,400
Total 3,023,700 3,064,300 3,149,500 3,229,500 3,323,200 3,405,200 3,393,400 3,368,900 3,353,900 3,362,900 3,395,100 3,420,700 3,427,600 3,397,300 3,239,600 3,206,400 3,226,300 3,272,000 3,317,200 3,348,200 3,407,600
Manufacturing 443,000 430,800 427,800 427,300 420,500 419,600 399,100 365,100 348,000 335,700 327,800 321,100 308,400 295,400 260,900 252,100 246,900 240,900 238,700 238,800 238,200
Construction 123,300 125,000 131,800 136,100 143,600 149,600 158,800 162,600 160,500 165,900 169,100 174,900 172,300 164,500 138,600 129,500 129,900 130,400 137,600 141,600 148,000
Public
ServiceProviding 2,455,100 2,506,400 2,587,800 2,663,800 2,756,900 2,834,100 2,833,800 2,839,700 2,843,800 2,859,700 2,896,500 2,922,900 2,945,200 2,935,800 2,838,700 2,823,400 2,848,200 2,899,400 2,939,600 2,966,400 3,020,100
573,400 570,600 570,300 571,700 577,900 589,400 603,400 614,700 623,200 634,900 643,100 648,900 649,400 650,900 654,200 641,900 621,000 618,300 617,700 619,400 614,800
Seasonally Adjusted Monthly Data 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2016 Jan Feb Mar (R) Apr (P) May Jun Jul Aug Sep Oct Nov Dec
3,987,900 3,988,700 3,991,300 4,002,500 4,018,100 4,021,600 4,025,900 4,028,600 4,031,600 4,051,400 4,060,400 4,072,800
3,374,500 3,375,300 3,377,500 3,389,300 3,401,700 3,405,000 3,409,700 3,411,700 3,416,500 3,437,700 3,446,000 3,458,200
238,200 237,700 237,400 237,400 237,800 238,300 238,800 238,700 238,600 238,500 237,700 238,000
145,700 146,000 145,200 147,500 148,500 149,000 148,600 148,400 147,600 147,500 149,500 150,700
2,989,100 2,990,100 2,993,500 3,003,000 3,014,000 3,016,300 3,020,900 3,023,200 3,028,900 3,050,300 3,057,400 3,068,100
613,400 613,400 613,800 613,200 616,400 616,600 616,200 616,900 615,100 613,700 614,400 614,600
4,057,100 4,051,900 4,073,900 4,066,400
3,446,000 3,439,300 3,460,500 3,449,700
237,700 238,500 238,000 239,100
150,500 149,900 152,400 150,600
3,056,400 3,049,500 3,068,700 3,058,700
611,100 612,600 613,400 616,700
May 19, 2016 P - preliminary, R-revised. Source: New Jersey Department of Labor and Workforce Development, Division of Economic & Demographic Research.
Key Economic Indicators: April 2016 (Seasonally Adjusted)
NJ Monthly Total Employme nt Change 25,000
22,000 19,800
20,000 15,600
15,000
12,400
11,200 9,000
10,000 3,500
5,000
4,300
2,700
3,000
0 -5,000
-5,200 -7,500
-10,000
-15,000 -15,700
-20,000 Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
2016
2015
NJ Monthly Private Sector Employment Change 25,000
21,200
21,200
20,000
15,000
11,800 12,400
12,200 8,300
10,000 3,300
5,000
4,800
4,700 2,000
0
-5,000 -6,700
-10,000
-10,800
-12,200
-15,000 Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
2016
2015
New Jersey Total Unemployment Rate 6.5 April 15
6.0%
6.0
Percent
5.5
April 16 4.7%
5.0 4.5 4.0
3.5
Apr
2015
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
2016
M ay 19, 2016 Source: New Jersey Dept. of Labor and Workforce Development, Division of Economic and Demographic Research.
