More than 4 million now employed in N.J.

More important: State, which added 21,500 jobs in Sept., has recovered two-third of jobs lost at start of pandemic

Preliminary estimates produced by the U.S. Bureau of Labor Statistics indicate that total nonfarm wage and salary employment in New Jersey increased in September by 21,500, to reach a seasonally adjusted level of 4,000,500, the state Department of Labor & Workforce Development said Thursday afternoon.

A few stats and facts:

  • The 21,500 new employees mark the ninth consecutive month of gains in the state’s total nonfarm job level;
  • The gains were split roughly evenly between the private (+11,900) and public (+9,600) sectors of the state’s economy;
  • The state has now recovered 488,100 jobs, or about 68% of the number lost in March and April 2020 due to the impact of the coronavirus pandemic;
  • The state’s unemployment rate moved lower by 0.1 percentage point, to 7.1% for the month.
  • Employment increases in September were recorded in seven out of nine major private sectors. Sectors that recorded job gains include professional and business services (+4,300), leisure and hospitality (+2,500), trade, transportation, and utilities (+2,300), construction (+2,200), manufacturing (+1,100), education and health services (+400), and financial activities (+200).

A quick note: Based on more complete reporting from employers, previously released total nonfarm employment estimates for August were revised lower to show an over-the-month (July to August) increase of 18,300 jobs. Preliminary estimates had indicated an over-the-month increase of 20,300 jobs. The state’s August unemployment rate was unchanged at 7.2%.