New Jersey Unemployment Rate 4.4 for 

New Jersey Unemployment Rate came in at 4.4 (Percent) for Jul 2026, down 2.22% from 4.5 the prior month and 20.00% below its level of 5.5 one year ago. The series has averaged 6.16 since 1976, reaching a record high of 15.4 in May 2020 and a record low of 3.1 in August 2022.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "New Jersey Unemployment Rate," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/new-jersey-unemployment-rate

Historical Data

July 1, 20264.4
June 1, 20264.5
May 1, 20264.7
April 1, 20264.8
March 1, 20264.9
February 1, 20265.1
January 1, 20265.2
December 1, 20255.4
November 1, 20255.4
September 1, 20255.5
August 1, 20255.5
July 1, 20255.5
June 1, 20255.4
May 1, 20255.2
April 1, 20255.1
March 1, 20255.1
February 1, 20255
January 1, 20254.9
December 1, 20244.8
November 1, 20244.8
March 1, 20013.7
February 1, 20013.7
January 1, 20013.7
December 1, 20003.7
November 1, 20003.8
October 1, 20003.7
September 1, 20003.7
August 1, 20003.6
July 1, 20003.6
June 1, 20003.5
May 1, 20003.5
April 1, 20003.6
March 1, 20003.6
February 1, 20003.7
January 1, 20003.8
December 1, 19994
November 1, 19994.1
October 1, 19994.3
September 1, 19994.4
August 1, 19994.6

About New Jersey Unemployment Rate

What it measures

The New Jersey unemployment rate is a monthly, seasonally adjusted series from the BLS Local Area Unemployment Statistics program, listed on FRED as NJUR. New Jersey hosts one of the world's densest pharmaceutical corridors, a large financial services workforce tied to New York, and the massive port and warehouse complex around Newark.

Why it matters

The state offers a three-way read on pharma research and manufacturing, finance employment spilling across the Hudson, and container volumes moving through the Port of New York and New Jersey. Logistics hiring in particular tracks import demand, so New Jersey's labor market often mirrors the health of US consumer goods flows.

How to read it

Compare with the national unemployment rate to gauge relative performance; New Jersey's dense, high-cost economy can lag national recoveries. Warehouse and transportation employment swings with trade volumes, adding cyclicality. Look for persistent divergence from the US average rather than reacting to one month, and cross-check with regional port throughput when possible.

Frequently Asked Questions

What is the current New Jersey Unemployment Rate?

New Jersey Unemployment Rate is 4.4 (Percent) as of July 2026.

What is the all-time high and low of New Jersey Unemployment Rate?

The highest value on record is 15.4 (May 2020) and the lowest is 3.1 (August 2022).

How often is New Jersey Unemployment Rate updated?

New Jersey Unemployment Rate is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

Basic info
Unemployment Rate in New Jersey
RegionUnited States
FrequencyMonthly
Last updatedAugust 26, 2026
Seasonal adjustmentSeasonally Adjusted
UnitPercent

Stats
Last Value4.4
Latest PeriodJul 2026
Last UpdatedAugust 26 2026, 04:14
Value Previous Month4.5
Change From Previous Month-2.22%
Value 1 Year Ago5.5
Change From Year Ago-20.00%
Average Growth Rate-1.65%/yr
Record High (May 2020)15.4
Record Low (Aug 2022)3.1
Long-Term Average6.16
FrequencyMonthly
AdjustmentSeasonally Adjusted
UnitPercent

Annual Averages
20264.8
20255.27
20244.64
20234.3
20223.87
20216.7
20209.48
20193.46
20184.02
20174.52
20164.93
20155.69

Related Indicators
Nonfarm Payrolls
All Employees, Total Private
All Employees, Goods-Producing
All Employees, Service-Providing
All Employees, Government
Unemployment Rate
Initial Jobless Claims
Average Weeks Unemployed
Job Openings: Total Nonfarm
Hires: Total Nonfarm
Total Separations: Total Nonfarm
Quits: Total Nonfarm