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PHOTO: DEPOSIT PHOTOS
PHOTO: DEPOSIT PHOTOS
New Jersey job growth holds steady in May
Matthew Fazelpoor//June 20, 2025//
In May, the state labor market maintained its level from April, with total nonfarm jobs totaling 4.39 million.
The New Jersey Department of Labor & Workforce Development released the May jobs report June 19, based on preliminary estimates from the U.S. Bureau of Labor Statistics. Year-over-year from May 2024, the state added 25,300 jobs, with 82% of those gains in the private sector.
Five sectors recorded gains:
- Leisure and hospitality +4,200
- Professional and business services +900
- Manufacturing +400
- Trade, transportation and utilities +300
- Financial activities +100
Four sectors recorded losses:
- Health services -1,700
- Construction -1,100
- Information -900
- Other services -900
Meanwhile, the state’s public sector lost 1,300 jobs. New Jersey’s unemployment rate remained unchanged at 4.8%; the national unemployment rate is 4.2%. The labor force participation rate was 63.8%.
The May report also noted that April jobs numbers were revised downward by 3,800 jobs – from 4,800 to 1,000; April’s unemployment rate remained at 4.8%.
The June jobs report comes out July 17.
