Trenton, New Jersey Unemployment
The BLS reported that the unemployment rate for Trenton fell 0.0 percentage points in January 2023 to 2.8%. For the same month, the metro unemployment rate was 0.6 percentage points lower than the New Jersey rate. The unemployment rate in Trenton peaked in May 2020 at 11.3% and is now 8.5 percentage points lower. From a post peak low of 2.7% in October 2022, the unemployment rate has now grown by 0.1 percentage points. You can also compare Trenton unemployment with unemployment in other cities.
Unemployment Rate | January 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.4% | -0.1 | -0.6 |
New Jersey | 3.4% | +0.1 | -1.7 |
Trenton | 2.8% | 0.0 | -1.3 |
Unemployment Rate: Trenton, New Jersey, National
Note: Recessions shown in gray.
Trenton, New Jersey Unemployed
The number of people unemployed in Trenton peaked in May 2020 at 23,299. There are now 17,156 fewer people unemployed in the metropolitan area. From a recent trough of 5,819 in October 2022, the number of unemployed has now grown by 324. Trenton employment and jobs data (including jobs lost/gained in Trenton, New Jersey) is also available.
Unemployed Persons | January 2023 | Month/Month | Year/Year |
---|---|---|---|
Trenton | 6,143 | +200 | -2,595 |
Number of Unemployed Persons
Trenton, New Jersey Unemployment History
Date | National Unemployment Rate |
New Jersey Unemployment Rate |
Trenton Unemployment Rate |
Trenton Unemployed |
---|---|---|---|---|
February 2023 |
3.6% | — | — | — |
January 2023 |
3.4% | 3.4% | 2.8% | 6,143 |
December 2022 |
3.5% | 3.3% | 2.8% | 5,943 |
November 2022 |
3.6% | 3.3% | 2.7% | 5,852 |
October 2022 |
3.7% | 3.3% | 2.7% | 5,819 |
September 2022 |
3.5% | 3.2% | 2.8% | 5,892 |
August 2022 |
3.7% | 3.0% | 3.0% | 6,180 |
July 2022 |
3.5% | 3.2% | 3.0% | 6,265 |
June 2022 |
3.6% | 3.4% | 3.2% | 6,598 |
May 2022 |
3.6% | 3.6% | 3.3% | 6,876 |
April 2022 |
3.6% | 3.9% | 3.4% | 7,239 |
March 2022 |
3.6% | 4.1% | 3.6% | 7,606 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩