Overall unemployment rate moved down to 12.2% with the biggest shift in Government, which gained 1,200 roles, based on the most recently available information published in April 2021.
Total employment in the Atlantic City-Hammonton, NJ market rose by 1,503 jobs in February and the unemployment rate decreased compared to the prior month by 30 bps to 12.2%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Atlantic City-Hammonton, NJ unemployment rate is 565 bps above the national rate which is a negative sign.
- Unemployment in the market is 580 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 8.8% and are up 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: 30,000; +600
- Government: 20,000; +1,200
- Education & Healthcare: 19,700; +200
- Transportation & Utilities: 18,900; -300
- Business Services: 10,400; +300
- Construction, Mining: 4,500; -200
- Other Jobs: 4,300; no change
- 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 February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.