By Eric Strauss, August 18, 2017 at 1:25 PM
New Jersey’s private-sector employment grew by nearly 10,000 jobs in July, following a revised gain of nearly 15,000 jobs in June, the state Department of Labor and Workforce Development reported recently.
The report, based on data from the U.S. Bureau of Labor Statistics, found that total nonfarm wage and salary employment rose by 9,800 positions in July, while the June number was revised to 14,900 jobs gained, up from 10,600 estimated earlier.
“The economy and the recovery seem to have gained a bit of momentum after years of frustratingly slow growth,” Mark Vitner, senior economist at Wells Fargo, told NJBIZ. “It does seem that things have picked up, and we’ve had two months of strong job gains.”
Of those July jobs, 7,300 were added in the private sector, with the rest added in public positions. The state said private-sector employment is at a historic high.