Preliminary Estimates Indicate Moderate Job Loss in June

July 17, 2025 | nj.gov

Preliminary labor market estimates for June, produced by the U.S. Bureau of Labor Statistics, indicate that total nonfarm employment decreased in June by 9,700 jobs to a seasonally adjusted level of 4,382,600 jobs, while the state’s unemployment rate rose by 0.1 percentage points to 4.9 percent.

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NJ SEED:Although the state’s labor market may have decreased in June the loss is minimal and may be revised by the next report. The NJ job market appears to remain relatively stable but bears watching.