Either number you choose delivers bad news at historic levels. Total nonfarm employment in the Garden State plummeted by 757,700 jobs in April, partly as a result of the mandatory shutdown of businesses and the stay-at-home orders issued to prevent the spread of the coronavirus. Meanwhile, April’s unemployment rate soared to a record-level 15.3%, according to estimates released by the U.S. Bureau of Labor Statistics.
April job losses were recorded in all nine major private-industry sectors. Leisure and hospitality posted the biggest loss (-236,500); followed by trade, transportation and utilities (-157,500); education and health services (-113,100); professional and business services (-90,100); other services (-57,200); construction (-43,800); manufacturing (-33,900); financial activities (-12,800); and information (-5,100). Public-sector employment dropped by 7,600 jobs in April.