Overall unemployment rate moved up to 11.1% with the biggest shift in Restaurants & Hotels, which gained 3,100 roles, based on the most recently available information published in July 2021.
Total employment in the Atlantic City-Hammonton, NJ market rose by 2,265 jobs in June and the unemployment rate increased compared to the prior month by 80 bps to 11.1%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Atlantic City-Hammonton, NJ unemployment rate is 501 bps above the national rate which is a negative sign.
- Unemployment in the market is 2,350 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in June versus prior month by -3.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 3.1% . Key sectors include:
- Restaurants & Hotels: 37,000; +3,100
- Government: 20,200; +200
- Education & Healthcare: 19,800; no change
- Transportation & Utilities: 19,200; +100
- Business Services: 11,500; +200
- Other Jobs: 5,100; +200
- Construction, Mining: 4,900; -100
- Financial Services: 4,100; +100
- Manufacturing: 2,500; no change
- IT & Development: 500; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.