757,700

May 22, 2020 | Number of The Day
New Jersey jobs lost in April

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.