New Jersey Labor Market Ended 2024 on Steady Note

NJ SEED
Jan 28, 2025
1 min read

January 23, 2025 | nj.gov

Preliminary labor market estimates for December, produced by the U.S. Bureau of Labor Statistics, indicated a steady New Jersey labor market. The state’s unemployment rate remained at 4.6 percent, while total nonfarm employment increased by 7,200 jobs to reach a seasonally adjusted level of 4,396,600 jobs.

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NJ SEED: A gain of over 7,000 in nonfarm jobs is modest, but workforce growth is good.

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