Edison, Nj Jobs Report

June 2019 Jobs Report

Jobs Added

Metro +64,600
  • Month Over Month: +0.7%
  • 3 Month Average: 64,433
  • Year Over Year: +1.2%
State -7,600
  • Month Over Month: -0.2%
  • 3 Month Average: 2,533
  • Year Over Year: +1.1%
National +224,000
  • Month Over Month: +0.1%
  • 3 Month Average: 170,667
  • Year Over Year: +1.5%

Unemployment Rate

Metro 3.5%
  • Month Over Month: +0.3%
  • 3 Month Average: 3.53%
  • Year Over Year: -0.1%
State 3.8%
  • Month Over Month: -0.1%
  • 3 Month Average: 3.93%
  • Year Over Year: -0.4%
National 3.7%
  • Month Over Month: +0.1%
  • 3 Month Average: 3.63%
  • Year Over Year: -0.3%

Although the unemployment rate sneaked up to 3.7%, the U.S. economy added 224,000 jobs in June, smashing economists’ expectations of 165,000.

“Today’s jobs report shows the U.S. economy continues to create jobs at a strong pace even as we enter the longest period of economic expansion on record,” said Tony Bedikian, managing director and head of global markets at Citizens Bank.

Wage growth also picked up; average hourly earnings rose to $27.90, and the labor participation rate kicked up to 62.9%.

This month’s report may be an indication that the U.S. economy isn’t deteriorating as many had feared.

Sector Job Growth

Professional & Business Services +5,100
  • Month Over Month: +0.3%
  • 3 Month Average: 1,573
  • Year Over Year: +0.6%
Information -2,100
  • Month Over Month: -0.7%
  • 3 Month Average: 292
  • Year Over Year: 0.0%

Industry Job Growth

Specialized design services +500
  • Month Over Month: +0.3%
  • 3 Month Average: 149
  • Year Over Year: +4.0%
Computer Systems Design & Related Services +800
  • Month Over Month: +1.2%
  • 3 Month Average: 70
  • Year Over Year: -0.4%

Job Growth for All Sectors

BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

The BLS defines a sector as a subset of the domestic economy and excludes the economic activities of the following: general government, private households, and nonprofit organizations serving individuals. A sector consists of multiple industries.

The BLS defines an industry as a group of establishments that produce similar products or provide similar services. Multiple industries makeup sectors.

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