Professional Documents
Culture Documents
June 2006
Preface
Acknowledgements
Employment ............................................................................................ 5
Wages ...................................................................................................... 7
Population ...............................................................................................10
Bergen
Total Private Sector
Warren
Morris Employment (2004): 40,605
Essex
Percent of New Jersey Total: 1.2%
Hudson Change from 1999: +2,211
Union
Hunterdon
Largest Industry (2004): Retail Trade
Retail Trade Employment: 6,532
Percent of Total County Employment: 16.1%
∑ The sectors that posted the most job gains were financial activities (+1,340), construc-
tion (+950), education and health services (+820), and leisure and hospitality (+690).
Much of the increase in these sectors was the result of population expansion. Hunterdon
County has become popular with commuters and young families and is within an hour and
half or less drive from major employment centers to the east, including Morris, Essex
and Hudson counties in New Jersey and in New York City.
∑ Over the five-year period, lower demand for temporary help and plant closings were
some reasons for the loss of jobs in professional and business services (-650) and in
manufacturing (-560), respectively.
∑ Employment in trade, transportation and utilities, information, and other services re-
mained little changed during the period.
Note: Use of an index facilitates comparison between two separate data elements.
Hunterdon County and New Jersey Hunterdon County and New Jersey
Total Private Sector Employment: 1999-2004 Construction Employment: 1999-2004
108 150
140
106
130
104
120
102
110
100
100
(1999=100) (1999=100)
98 90
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
Hunterdon County and New Jersey Hunterdon County and New Jersey
Manufacturing Employment: 1999-2004 Trade, Transportation & Utilities Employment: 1999-2004
105 110
100
105
95
90 100
85
95
80
(1999=100) (1999=100)
75 90
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
Hunterdon County and New Jersey Hunterdon County and New Jersey
Information Employment: 1999-2004 Financial Activities Employment: 1999-2004
120 175
110
150
100
125
90
100
80
(1999=100) (1999=100)
70 75
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
120
105
115
100 110
105
95
100
(1999=100)
(1999=100)
90 95
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
Hunterdon County and New Jersey Hunterdon County and New Jersey
Leisure & Hospitality Employment: 1999-2004 Other Services Employment: 1999-2004
130 115
110
120
105
110
100
100
95
(1999=100) (1999=100)
90 90
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
44,000
42,000
B
40,000
B B
38,000
B B B
36,000
34,000
1999 2000 2001 2002 2003 2004
Hunterdon County
Total Private Sector Employment by Industry: 1999 & 2004
Construction
Manufacturing
Trade/Transp./Utilities
Information
Financial Activities
Prof./Business Services
Educ./Health Services
Leisure/Hospitality
Other Services
2004 1999
∑ In 2004, the two largest sectors were trade, transportation and utilities with
9,390 jobs and professional and business services with 8,540. Within trade, trans-
portation and utilities, retail trade had the most jobs (6,530).
1,500
1,000
500
-500
-1,000
Construction Manufact- Trade/ Information Financial Prof./ Education/ Leisure/ Other
uring Transport./ Activities Business Health Hospitality Services
Utilities Services Services
∑ With an increase of 1,330 jobs or 61.6 percent over the five-year period, payrolls in
financial activities saw the most job growth. Construction ranked second with a job
gain of 950. Professional and business services payrolls, which lost 650 jobs, de-
clined the most.
800
700
600
500
400
300
200
100
-100
-200
Construction Manufact- Trade/ Information Financial Prof./ Education/ Leisure/ Other
uring Transport./ Activities Business Health Hospitality Services
Utilities Services Services
Source: Local Employment Dynamics (LED) data from the US Census Bureau.
∑ Despite only small net gains during a year, industries can generate a significant num-
ber of job openings. In 2003 (latest data available), the professional and business
services (+160) and the trade, transportation and utilities (+100) sectors realized
the greatest net job gains.
$44,981
$45,000
$40,000
$35,000
$30,000
$25,000
$20,000
1999 2000 2001 2002 2003 2004
∑ From 1999 to 2004, Hunterdon’s annual average private sector wage increased 14.5
percent. Gains occurred despite a 2001 decline due to recessionary cutbacks in high-
paying industries like financial activities and professional and business services.
∑ The county’s annual average private sector wage has been above the state’s since
1993.
Construction
Manufacturing
Trade/Transp./Utilities
Information
Financial Activities
Prof./Business Services
Education/Health Services
Leisure/Hospitality
Other Services
∑ In 2004, Hunterdon’s annual average wage in professional and business services was
the greatest percentage above the state’s (+28.3%). The county’s professional and
business services sector is small (1.5% of the state total) but it has a relatively large
number of highly paid executive, professional and technical jobs (i.e., headquarters
and research facilities). Leisure and hospitality paid the highest percentage below
the state wage (-32.4%).
Hunterdon County Community Fact Book 7
Per Capita Personal Income
∑ Hunterdon County’s per capita personal
income reached $59,384 in 2004. Between Hunterdon County and New Jersey
Per Capita Personal Income: 1999 — 2004
1999 and 2004, the county’s per capita $60,000
Unemployment Rates
Hunterdon County and New Jersey
∑ Hunterdon County’s average rate of unem-
ployment was consistentaly lower than the
Unemployment Rate Trends: 1999 — 2005
7.0 state’s rate from 1999 to 2005.
Hunterdon County
Unemployment Insurance Claimants: 2004-2005
2004 2005
Annual Annual Change 2004-2005
Category Average Average Number Percent
Total Insured Unemployed 872 801 -71.0 -8.1
By Gender
Male 517 491 -26.0 -5.0
Female 356 310 -46.0 -12.9
By Race
White 797 734 -63.0 -7.9
Black 14 15 1.0 7.1
Asian 16 10 -6.0 -37.5
Other 46 42 -4.0 -8.7
By Ethnicity
Hispanic 56 37 -19.0 -33.9
Not Hispanic 761 716 -45.0 -5.9
Chose Not To Answer 56 48 -8.0 -14.3
By Age of Claimant
Under 25 33 40 7.0 21.2
25 through 34 118 119 1.0 .8
35 through 44 209 202 -7.0 -3.3
45 through 54 278 248 -30.0 -10.8
55 through 64 189 153 -36.0 -19.0
65 and over 45 40 -5.0 -11.1
By Industry
Construction 126 121 -5.0 -4.0
Manufacturing 98 69 -29.0 -29.6
Trade, Transportation and Utilities 155 138 -17.0 -11.0
Wholesale Trade 52 44 -8.0 -15.4
Retail Trade 73 69 -4.0 -5.5
Information 69 69 0.0 .0
Financial Activities 50 38 -12.0 -24.0
Professional and Business Services 170 147 -23.0 -13.5
Educational and Health Services 56 57 1.0 1.8
Leisure and Hospitality 52 40 -12.0 -23.1
Other Services 14 17 3.0 21.4
∑ The highest number of unemployment claimants in Hunterdon were from the profes-
sional and business services sector, one of the largest sectors in the economy. The
sector with the largest percentage decline in claimants was manufacturing.
75,000
50,000
25,000
2002* 2007** 2012**
*estimate **projection
Hunterdon County
∑ Nearly half (48.5%) of the county’s 2002-
Projections for Select Age Groups: 2002 — 2012 2012 population gain will be in the 45-to-
50,000 64-year-old age group. This group is antici-
40,000
pated to add 9,117 persons or increase 25.0
percent. With an increase of 41.9 percent,
30,000
the 15-to-24-year-olds is projected to be
20,000 the fastest growing age group.
10,000
0
0-14 15-24 25-44 45-64 65+
2002* 2012**
*estimate **projection
most persons. 60
40
20
0
White Black Other Races Multi-Racial
∑ Hunterdon County is projected to add 8,700 jobs by 2012. This figure is anticipated
to account for 1.8 percent of statewide job growth.
∑ Analysis of the industries anticipated to have employment declines from 2002 to 2012
reveals that 77.8 percent of all jobs lost will be in a manufacturing industry.
∑ The industries that have large projected percent declines have a relatively small em-
ployment base.
∑ Hunterdon County is projected to have 2,220 annual job openings through 2012, or 1.4
percent of statewide annual openings. The county’s top twenty ranked occupations by
annual job openings are anticipated to account for 32.0 percent of all county openings.
∑ Projected job openings consist of growth, or new jobs, plus replacements, or jobs that
become available as members of the workforce retire or change occupations. Just
under half of Hunterdon’s annual average job openings are projected to result from
growth, making it the third-fastest growing county in New Jersey.
Non-Hispanic
88.2%