News Department

New Jersey employers continue to hire in August

NEW JERSEY – Total nonfarm wage and salary employment in New Jersey increased by 66,000 in August to a seasonally adjusted level of 3,820,000, according to estimates released by the U.S. Bureau of Labor Statistics on Thursday.

New Jersey has now regained a total of 409,400 jobs in the four months since April, or about 49 percent of the jobs lost due to the coronavirus pandemic and measures taken in response to it. The state’s unemployment rate fell by 3.3 percentage points over the month to 10.9 percent. See the technical notes at the end of this release for further information about the impact of the coronavirus on this month’s employment estimates.

Based on more complete reporting from employers, previously released total nonfarm employment estimates for July were revised higher by 2,100 to show an over-the-month (June – July) increase of 132,000 jobs. Preliminary estimates had indicated an over-the-month gain of 129,900. The state’s July unemployment rate was revised higher by 0.4 percentage point to 14.2 percent.

In August, job gains were recorded in seven out of nine private industry sectors. Industries that recorded a job gain include education and health services (+12,200), leisure and hospitality (+10,500), trade, transportation, and utilities (+10,200), other services (+7,300), financial activities (+1,700), manufacturing (+1,400), and information (+1,100). Professional and business services (-800) and construction (-300) recorded job losses for August. Over the month, public sector employment was higher by 22,800. Gains at the local level (+12,200) were due to increases in the local education component while the increase in federal employment (+6,600) coincides with the hiring of temporary workers by the U.S. Census Bureau to complete the 2020 Census.

Preliminary BLS data for September will be released on October 15, 2020.

Jay Edwards

Born and raised in Northwest NJ, Jay has a degree in Communications and has had a life-long interest in local radio and various styles of music. Jay has held numerous jobs over the years such as stunt car driver, bartender, voice-over artist, traffic reporter (award winning), NY Yankee maintenance crewmember and peanut farm worker. His hobbies include mountain climbing, snowmobiling, cooking, performing stand-up comedy and he is an avid squirrel watcher. Jay has been a guest on America’s Morning Headquarters,program on The Weather Channel, and was interviewed by Sam Champion.

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