News From Trenton · May 24, 2022

Unemployment Rate Edges Lower to 7.5 Percent

nj.gov

Preliminary estimates produced by the U.S. Bureau of Labor Statistics indicate that total nonfarm wage and salary employment in New Jersey increased in April by 3,900 jobs to reach a seasonally adjusted level of 3,900,800. The gains were concentrated in the private sector (+3,500) of the state’s economy. Although modest, the April increase marks the fourth consecutive month of gains in the state’s total nonfarm job level.

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From NJ SEED: News From Trenton - May 24, 2022.