Overall unemployment rate moved down to 11.0% with the biggest shift in Restaurants & Hotels, which gained 1,200 roles, based on the most recently available information published in June 2021.
Total employment in the Atlantic City-Hammonton, NJ market rose by 382 jobs in April and the unemployment rate decreased compared to the prior month by 60 bps to 11.0%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Atlantic City-Hammonton, NJ unemployment rate is 525 bps above the national rate which is a negative sign.
- Unemployment in the market is 2,340 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -1.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.6% . Key sectors include:
- Restaurants & Hotels: 31,700; +1,200
- Government: 20,300; +200
- Education & Healthcare: 19,700; -200
- Transportation & Utilities: 18,900; -100
- Business Services: 10,900; +500
- Construction, Mining: 4,800; +200
- Other Jobs: 4,400; +100
- Financial Services: 4,000; no change
- Manufacturing: 2,400; no change
- IT & Development: 500; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.