New Jersey Labor Market Experienced Job Gains in May

nj.gov

The state’s unemployment rate fell by a tenth of a percentage point for the second consecutive month, to 4.6 percent. Preliminary labor market estimates for May, produced by the U.S. Bureau of Labor Statistics, indicate a strong labor market. Total nonfarm employment rose by 16,500 jobs to reach a seasonally-adjusted level of 4,393,700.