July 17, 2025
TRENTON – Preliminary labor market estimates for June, produced by the U.S. Bureau of Labor Statistics, indicate that total nonfarm employment decreased in June by 9,700 jobs to a seasonally adjusted level of 4,382,600 jobs, while the state’s unemployment rate rose by 0.1 percentage points to 4.9 percent.
Over the past 12 months, New Jersey has added 7,000 nonfarm jobs. The private sector recorded a gain of 6,600 over that time. Three out of nine private sector industries recorded a gain, including private education and health services (+33,300), financial activities (+1,100), and manufacturing (+100). Losses were recorded year-over-year trade, transportation, and utilities (-9,200), construction (-6,300), information (-5,200), leisure and hospitality (-2,900), professional and business services (-2,200), and other services (-2,100). The public sector has recorded a gain of 400 jobs over the past 12 months.
Revised estimates of total nonfarm employment in May saw a downward revision of 1,600 jobs, resulting in a revised April to May monthly loss of 2,200. The state’s unemployment rate for May was unchanged at 4.8 percent.
In June, two out of nine private industries recorded employment gains compared to May. Those sectors were private education and health services (+1,200) and financial activities (+1,000). Sectors that recorded job losses include trade, transportation, and utilities (-4,200), other services (-2,200), leisure and hospitality (-1,300), construction (-900), and information (-400). Professional and business services as well as manufacturing recorded no change for the month. The public sector recorded a loss of 2,900 jobs for June.
Preliminary BLS estimates data for July will be released on August 14, 2025.
PRESS TABLES
Technical Notes: Estimates of industry employment and unemployment levels are arrived at through the use of two different monthly surveys.
Note: NJ’s seasonally adjusted October 2024 – June 2025 monthly employment estimates for the state government component were re-estimated by BLS to correct a seasonal adjustment error in the BLS processing system. This resulted in slight changes to the state government estimates, as well as the total nonfarm employment estimates. The estimates in this report reflect post-correction estimates and movement.
Industry employment data are derived through the Current Employment Statistics (CES) survey, a monthly survey of approximately 4,000 business establishments conducted by the U.S. Bureau of Labor Statistics (BLS) of the U.S. Department of Labor, which provides estimates of employment, hours, and earnings data broken down by industry for the nation as a whole, all states and most major metropolitan areas (often referred to as the “establishment” survey).
Resident employment and unemployment data are mainly derived from the New Jersey portion of the national Current Population Survey (CPS), a household survey conducted each month by the U.S. Census Bureau under contract with BLS, which provides input to the Local Area Unemployment Statistics (LAUS) program (often referred to as the “household” survey).
Both industry and household estimates are revised each month based on additional information from updated survey reports compiled by the BLS. In addition, these estimates are benchmarked (revised) annually based on actual counts from New Jersey’s Unemployment Compensation Law administrative records and more complete data from all New Jersey employers.
Effective with the release of January 2018 estimates, the Current Employment Statistics (CES) program has converted to concurrent seasonal adjustment, which uses all available estimates, including those for the current month, in developing seasonal factors. Previously, the CES program developed seasonal factors once a year during the annual benchmark process. For more information on concurrent seasonal adjustment in the CES State and Area program, see https://www.bls.gov/sae/seasonal-adjustment/.
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