Overall unemployment rate moved down to 11.6% with the biggest shift in Restaurants & Hotels, which gained 500 roles, based on the most recently available information published in April 2021.
Total employment in the Atlantic City-Hammonton, NJ market rose by 1,352 jobs in March and the unemployment rate decreased compared to the prior month by 80 bps to 11.6%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Atlantic City-Hammonton, NJ unemployment rate is 542 bps above the national rate which is a negative sign.
- Unemployment in the market is 540 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March 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 1.0% . Key sectors include:
- Restaurants & Hotels: 30,500; +500
- Government: 20,100; +100
- Education & Healthcare: 19,800; +100
- Transportation & Utilities: 19,000; +100
- Business Services: 10,300; no change
- Construction, Mining: 4,700; +300
- 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 March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.