State labor market added jobs in July; unemployment rate unchanged at 4.9%

NJ adds 7,500 jobs in July, public sector cuts offset gains

The basics: NJ added 7,500 jobs in July, unemployment steady at 4.9% Private sector grew by 13,100 jobs, led by business services and hospitality Public sector lost 5,600 jobs, with cuts in schools and other institutions June jobs total revised downward to a 14,400 loss The Garden State labor market added 7,500 jobs in July, according to preliminary estimates produced by the U.S. Bureau of Labor Statistics released Aug. 14 by the state Departme…

State labor market added jobs in July; unemployment rate unchanged at 4.9%

Total nonfarm employment in New Jersey rose in July by 7,500 jobs to a seasonally adjusted level of 4,385,400 jobs, while the state’s unemployment rate was unchanged at 4.9%. These are preliminary labor market estimates for July that were produced by the U.S. Bureau of Labor Statistics. In July, six out of nine private industries recorded employment gains compared with June. Those sectors were professional and business services (+7,700), leisure…