New Jersey
Industry and Occupational
Employment Projections
2008-2018
Annual Employment Change
in New Jersey 1939-2009
Employment Change (000s)
For the first time ever, NJ ended a
decade with fewer jobs than it started
Employment Change (000s)
3 Recessions Very little net
1 Boom = growth in NJ over
1 Jobless Recovery last 20 years
Employment (000s)
3,981,700
3,689,800
About 200,000 jobs
Only 0.26% annual growth
US and NJ projections viewed as
upper and lower bounds
Employment (000s)
Growth in the nation is projected
to outpace the state
Annual Percent Growth
Goods Producing industries will
continue their decline
Annual Percent Growth
All growth will occur in Service
Providing industries
Annual Percent Growth
Growth in Service Providing
industries will be offset by declines in
Goods Producing industries
Employment growth ‘08 – ‘18
Very slight growth is projected in
Goods Producing industries in
the nation
Employment growth ‘08 – ’18 (000s)
Projected growth by major
industry group
Annual Percent Growth
Goods Producing
Industries
Annual Growth Rate
Deep losses in manufacturing will
continue to drive Goods Producing
industries downward
Projected Employment Change 2008-2018
These industries are the largest
contributors to the decline in
manufacturing
Projected Employment Change 2008-2018
Sharp drop in 2009 will create
a long road back to 2006 peak
for Construction
Service Providing
Industries
Annual Growth Rate
2008 employment and projected
growth by industry sector
Information and
Utilities are projected
to decline by almost
14,000 jobs
Almost 90% of new jobs will be found
in these three industry sectors
Projected Employment Change 2008-2018
Healthcare will continue to grow, but
the rate is slowing
Employment (000s)
2.7% 1.4%
per year per year
These typically higher paying
industries are projected to add at
least 2,000 jobs each
Projected Employment Change 2008-2018
Professional &
Business Services
Occupational Highlights
• 2.8% Employment
Growth, 2006-2016
• 121,600 Average
Annual Job Openings
• Roughly 8 of every
10 of these openings
due to Replacement
demand
Professional and Service occupations
will dominate job growth
Projected Employment Change 2008-2018
Major Occupational Group
Due to replacement demand, there
will be opportunities in all major
occupational groups
28,760
28,420
18,090
14,780
12,920
7,920
3,990
3,520
3,160
Professional occupations are made up
of many smaller groups
Service occupations consist of five
occupational groups
Jobs with higher requirements for
entry will grow faster than their
lower level counterparts
Percent Growth 2008-2018 Percent Growth 2008-2018
These high paying occupations are
all projected to grow faster than the
state average
$173,800
$154,100
$137,900
$112,900
$105,000
$100,200
$96,200
$94,900
$90,100
$87,100
Percent Growth 2008-2018
Questions or Comments?
Contact Jason Timian
Call: 609-777-3635
E-mail: jason.timian@dol.state.nj.us
On the Web at:
www.nj.gov/labor