Job Hunters Worried in Camden, NJ

By admin • June 11th, 2009

The Camden, New Jersey unemployment rate is estimated at 16%, almost double the rate of the state of New Jersey, which lies at 8.2%.

This is concerning to those seeking jobs in the Camden area “It’s depressing,” said one job hunter at the Camden County One-Stop Career Center. “A lot of companies could use my services, it’s just getting the interviews.”

The concentration of many people in one urban area will usually exceed the state average, and it appears that New Jersey is no different.

The latest unemployment numbers for New Jersey urban areas:

  • 9.6 percent in Jersey City
  • 12.7 percent in Newark
  • 14.2 percent in Atlantic City
  • 15.9 percent in Paterson.
  • 17.5 percent in Trenton

Joseph Seneca, an economics professor at Rutgers University in New Brunswick cited that manufacturing jobs have declined 35 percent in the past decade, more than any other sector.

The manufacturing sector represented 421,900 jobs in 1999, which was 10.7 percent of all employment in the state of New Jersey. In March of 2009, Seneca points out the number has been reduced to 273,200 jobs representing just under 7 percent of all employment.

Camden County was a part of the overall loss in manufacturing jobs,  cutting 1,802 manufacturing jobs. This represents a 10 percent decline.

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