State’s Aug. employment revised up, but Sept. sees job losses

By Lynda Cohen
New Jersey | Oct 24, 2017 at 1:22 pm

The U.S. Bureau of Labor Statistics has updated its New Jersey numbers to show more than five times the gain in nonfarm employment previously released for August.

Employment was up by 1,100 jobs in August, which continued a three-month employment gain in the state, according to the state Department of Labor and Workforce Development. Numbers released before showed an increase of just 200 jobs.

But the preliminary numbers for September show an increase in unemployment.

Preliminary BLS data for September shows payrolls in both private and public sectors of New Jersey’s economy were lower by 6,300, reaching a seasonally adjusted level of about 4.1 million total nonfarm jobs.

The unemployment rate in New Jersey moved to 4.7 percent in September, up from 4.5 percent in August, according to preliminary estimates by the BLS.

For the first nine months of 2017, employment is up by 20,500 jobs, a half-percent, adding 19,300 private jobs and 1,200 public jobs.

New Jersey’s private-sector employers have added 31,200 jobs over the past year. Since the recessionary low point of private sector employment in February 2010, the state’s private sector employers have added 317,800 jobs.

In September, job gains were posted in two of nine major private industry sectors.

Sectors that increased were education and health services, with 4,200 more jobs, and professional and business services, with 800.

The biggest loss was in leisure and hospitality, with 5,500 less jobs.