Read Past R/ECON Reports

Examining Industry Employment Growth in New Jersey

May 6th, 2024|Comments Off on Examining Industry Employment Growth in New Jersey

By Will Irving. Unpredictability has been one of the defining features of New Jersey’s labor market for much of the last two years. As the state’s unemployment rate climbed [...]

  • Monthly Change in NJ Employment, 2023 Household Survey vs. Payroll Survey Bar Chart

New Jersey Employment Concerns Revisited

February 15th, 2024|Comments Off on New Jersey Employment Concerns Revisited

By Will Irving. As 2024 began with yet another surprisingly strong jobs report for the U.S. (353,000 jobs added in January and the unemployment rate steady at 3.7%), and with a full year’s worth of 2023 state-level employment data now available [...]

  • New Jersey Components of Population Change Table, 2020-2023

New Jersey Population Growth Recovers

December 21st, 2023|Comments Off on New Jersey Population Growth Recovers

By Will Irving. The U.S. Census Bureau's annual state population estimates released this month show New Jersey resuming population growth after experiencing a decline of nearly 30,000 residents since the 2020 Decennial Census [...]

  • R/ECON Summary of New Jersey Economic Forecast Table, November 2023

Report Release: R/ECON Forecast November 2023

November 9th, 2023|Comments Off on Report Release: R/ECON Forecast November 2023

By Will Irving. R/ECON’s economic forecast for New Jersey as of November 2023 shows slow or stagnant growth over the next five to six quarters, with GDP recovering to a steady but tepid rate of increase in 2025. This largely mirrors the U.S. trajectory [...]