New Jersey’s labor market remained steady in June, with nonfarm employment increasing by 600 jobs to a seasonally adjusted level of 4.34 million. The unemployment rate increased to 3.7%, according to preliminary estimates from the U.S. Bureau of Labor Statistics on Thursday.
The May unemployment rate remained at 3.6%.
In June, four out of nine major private industry sectors recorded job growth. Sectors that recorded employment increases were:
- Education and health services (+2,000);
- Leisure and hospitality (+1,700);
- Information (+400);
- Other services (+200).
Sectors that recorded a loss include:
- Professional and business services (-1,600);
- Financial activities (-700);
- Manufacturing (-600);
- Trade, transportation, and utilities (-500);
- Construction (-300).
Year-over-year, the state’s public sector added 5,000 jobs.