Posted September 04, 2017 at 07:00 AM | Updated September 04, 2017 at 07:04 AM
By Erin Petenko | NJ Advance Media for NJ.com
New Jersey’s private sector gained roughly 65,000 employees and 6,000 new establishments between 2015 and 2016, in line with the national average. It’s an improvement over the previous year, where the economy grew by only 55,000 jobs.
But annual wages increased slower here than in the rest of the country — residents gained an extra $429 per year, compared to the national average of $627.
Service-related industries dominate the state, employing nearly nine out of 10 New Jersey workers, while the manufacturing industry has experienced a long-term decline. By sector, education and health services gained the most employees, followed by professional services and the trade, transportation and utilities sector.
But what specific industries had the most growth? NJ Advance Media compared private industry data from the Bureau of Labor Statistics to learn what industries gained the most employees from 2015 to 2016.
