Here’s What NJ’s Latest Economic Data Indicates

NJ SEED
Sep 1
1 min read

August 18, 2025 | njspotlightnews.org

Despite concerns about a shifting national economic landscape, New Jersey appears to be heading into the final stretch of summer with at least some momentum.

For starters, total employment in New Jersey grew by 7,500 last month, despite a loss of 5,600 private-sector jobs, according to the latest jobs report released by the state Department of Labor and Workforce Development.

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NJ SEED: The data seems to suggest that the latest job growth has been in the public sector. Notwithstanding other optimistic reports, such as higher-than-expected tax revenues, the economy grows best when employment grows in the private sector.

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