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NJ Labor Market
 

 

 

 

 

Finding the right place for your business depends on several key factors — including the work force. New Jersey workers are some of the most talented, educated, and motivated in the nation. Whether you are seeking skilled, semiskilled, or unskilled employees for your business, New Jersey’s work force delivers.
   

 


 

PROFILE CONTAINS:

  • Fast Facts
  • Education
  • HiTech/BioTech
  • Work Force Development
  • Additional H/R Support
  • Tax Incentives


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NJ Labor Force Facts
  • Population
    Nearly half of New Jersey’s 8.5 million residents are in the labor force. The unemployment rate is about 6.1% (August 2003).
  • Income
    In 1998 the median household income was $49,000, the second-highest in the nation.
  • Productivity
    New Jersey workers are the most productive employees in the Mid-Atlantic region. Recent studies have shown that New Jersey workers are 25% more productive than the national average.
  • Positioned for Growth
    New Jersey Leads the nation with New Economy core strengths in High Technology, Pharmaceuticals, and Bio Technology.
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