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December 2005
Preface
Acknowledgements
Employment ............................................................................................ 5
Wages ...................................................................................................... 7
Population ...............................................................................................10
Monmouth
Total Private Sector
Mercer
Employment (2004): 785,095
Percent of New Jersey Total: 10.3%
Change from 1999: -5,100
Ocean
∑ Over the 5-year period (1999 – 2004), employment in Middlesex County financial ac-
tivities sector declined, but jobs in this sector expanded in the state. One contributor
to the county’s loss of financial jobs was the transfer of Merrill Lynch employees from
a Middlesex County office to a new campus in Mercer County.
∑ The county’s information sector expanded until 2002 compared with the state’s
employment which peaked in 2001. Although there was a decline of jobs on both the
state and county levels, the state (-20.4%) lost jobs at a faster rate than the county
(-0.3%).
Middlesex County and New Jersey Middlesex County and New Jersey
Total Private Sector Employment: 1999-2004 Construction Employment: 1999-2004
106 130
125
104
120
115
102
110
105
100
100
(1999=100) (1999=100)
98 95
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
Note: Use of an index facilitates comparison between two separate data lines.
Middlesex County and New Jersey Middlesex County and New Jersey
Manufacturing Employment: 1999-2004 Trade, Transportation & Utilities Employment: 1999-2004
105 106
100
104
95
90 102
85
100
80
(1999=100) (1999=100)
75 98
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
Middlesex County and New Jersey Middlesex County and New Jersey
Information Employment: 1999-2004 Financial Activities Employment: 1999-2004
115 110
110
105
105
100
100
95 95
90
90
85
85
80
(1999=100) (1999=100)
75 80
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
Middlesex County and New Jersey Middlesex County and New Jersey
Professional & Business Services Employment: 1999-2004 Education & Health Services Employment: 1999-2004
110 125
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
Middlesex County and New Jersey Middlesex County and New Jersey
Leisure & Hospitality Employment: 1999-2004 Other Services Employment: 1999-2004
115 120
110 115
105 110
100 105
95 100
(1999=100) (1999=100)
90 95
1999 2000 2001 2002 2003 2004 1999 2000 2001 2002 2003 2004
Middlesex County
Total Private Sector Employment: 1999 — 2004
360,000
350,000
B
B B
B
340,000
B
B
330,000
1999 2000 2001 2002 2003 2004
∑ Over a five-year period (1999-2004), Middlesex County’s largest loss of total pri-
vate sector employment was in 2002 (-15,000). Since then the county has lost jobs
at a much slower rate. In 2003 and 2004 the loss of total private sector employment
was 6,400 and 2,700 respectively.
Middlesex County
Total 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
∑ Trade, transportation and utilities was the largest employment sector in Middlesex
county during 2004. This was followed by professional and business services. “Other”
services, which includes repair and maintenance services, personal and laundry ser-
vices, and religious, grantmaking, civic, and professional organizations, was the smallest
sector in the county during 2004.
6,000
4,000
2,000
-2,000
-4,000
-6,000
-8,000
-10,000
-12,000
Construction Manufact- Trade/ Information Financial Prof./ Education/ Leisure/ Other
uring Transport./ Activities Business Health Hospitality Services
Utilities Services Services
∑ Educational and health services (+5,648) produced the most jobs from 1999 to 2004,
followed by trade, transportation, and utilities (+3,612). Manufacturing employment
decreased by 10,856.
6,000
4,500
3,000
1,500
-1,500
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, industries can generate significant number of job open-
ings during a year. In 2003 (latest data available), leisure and hospitality posted the
largest net employment gain in the county. While trade, transportation and utilities
had the largest number of new job openings, the sector also experienced large losses
that contributed to a net loss of jobs in that sector. The volatility can be explained
by the high turnover rate in the retail industry. Retail trade accounts for 43 percent
of the county’s jobs in the trade, transportation and utilities sector.
$50,877
$50,000 $49,565
$47,921 $47,757
$46,742
$45,000 $44,008
$40,000
$35,000
1999 2000 2001 2002 2003 2004
∑ The annual average private sector wage in Middlesex County reached $50,877 in 2004,
an increase of 15.6 percent from the average of $44,008 posted in 1999.
∑ The county’s annual average wage exceeded the state’s annual average wage ($47,639)
by 6.8 percent in 2004.
Construction
Manufacturing
Trade/Transp./Utilities
Information
Financial Activities
Prof./Business Services
Education/Health Services
Leisure/Hospitality
Other Services
∑ In Middlesex County, jobs in the information sector paid the highest wages ($73,002),
while jobs in leisure and hospitality paid the lowest wages ($17,914) during 2004.
This wide disparity in wages could be explained by the seasonal nature and basic skills
required by jobs in the leisure and hospitality sector compared with the higher skills
requirements and permanent character of jobs in the information sector. Besides
information, professional and business services, financial activities, and construction
also paid wages above $60,000.
Middlesex County Community Fact Book 7
Per Capita Personal Income
∑ In 2003, Middlesex County’s per capita Middlesex County and New Jersey
income was $38,096 an increase of 0.7 Per Capita Personal Income: 1998 — 2003
$45,000
percent from 2002. The state’s per capita
personal income in 2003 was $39,577, up
1.5 percent from 2002. Middlesex County $40,000
$ $
the United States.
$30,000
∑ Net earnings by place of residence in- $25,000 1998 1999 2000 2001 2002 2003
creased by 2.5 percent in the county com-
pared with 3.4 percent in the state from New Jersey $ Middlesex
2002 to 2003. However, dividends, inter-
est, and rent in the county increased at a faster rate than in New Jersey (3.0% vs. 2.6%).
Personal current transfer receipts (payments such as pension, disability and unemploy-
ment made to individuals by government) increased at a slower pace in the county than in
the state (1.4 % vs. 2.1%).
Unemployment Rates
6.5
6.0
B B ∑ From 1998 to 2004, the county’s labor
5.5 J J force grew by 6,200 or 1.5 percent, com-
5.0
B B BJ pared with 3.7 percent growth in the
4.5
B state’s civilian labor force.
4.0
3.5
J J BJ J
3.0
1998 1999 2000 2001 2002 2003 2004
∑ The number of unemployment insurance claimants dropped the most in the follow-
ing industries: government and other (-465 or -39.7%) professional and business
services (-248 or -14.7%) and trade, transportation and utilities (-113 or -6.2%).
County. 600,000
550,000
500,000
450,000
400,000
1970 1980 1990 2000 2004
600,000
550,000
500,000
450,000
400,000
2002* 2007** 2012**
*estimate **projection
Middlesex County
∑ The largest age group, 45-64 years, is pro-
Projections for Select Age Groups: 2002 — 2012 jected to experience the fastest growth
250,000 of 24.5 percent, while the 15-24 year old
200,000
age group is expected to grow by 14.6 per-
cent. In contrast, the age group comprising
150,000
persons 25-44 years old will contract by
100,000 10,500 or 4.2 percent.
50,000
0
0-14 15-24 25-44 45-64 65+
2002* 2012**
*estimate **projection
10
-10
White Black Other Races Multi-Racial
∑ Administrative and support services is projected to add over 16,000 jobs. This
projected increase may be due to companies outsourcing job duties that would have
normally been performed by the company’s employees.
Middlesex County
Occupations With The Most Projected Job Openings, 2002-2012
2004
Annual Average Job Openings Annual Skill
1 2
Occupation Total Growth Replacements Wage Level Outlook
Packers and Packagers, Hand 480 290 180 $17,590 Low Good
Retail Salespersons 290 10 280 25,660 Low Average
Waiters and Waitresses 250 60 200 18,210 Low Below Avg.
Registered Nurses 250 140 110 57,330 High Good
Food 220 60 160 17,510 Low Good
Office Clerks, General 180 60 120 26,450 Low Good
Teacher Assistants 120 60 60 21,840 Low Good
Laborers and Freight, Stock, and
Material Movers, Hand 120 10 110 21,690 Low Good
Licensed Practical and Licensed
Vocational Nurses 120 70 50 42,720 Moderate Good
Nursing Aides, Orderlies, and Attds. 110 70 40 23,890 Low Good
Stock Clerks and Order Fillers 110 0 110 22,980 Low Good
Receptionists and Information Clerks 100 50 50 24,920 Low Average
Child Care Workers 100 40 60 18,610 Low Below Avg.
Janitors and Cleaners, Except Maids
and Housekeeping Cleaners 90 30 60 22,660 Low Good
Customer Service Representatives 90 60 20 34,960 Low Average
Elementary School Teachers 90 20 80 52,570 High Below Avg.
General and Operations Managers 80 20 60 132,490 High Good
Truck Drivers, Light or Delivery
Services 80 40 40 30,940 Low Average
Hairdressers, Hairstylists, and
Cosmetologists 80 20 50 21,970 Moderate Average
Bookkeeping, Accounting, and
Auditing Clerks 80 0 70 35,050 Low Average
∑ The hand packers and packagers occupation is projected to have the most job open-
ings (480 openings per year) due to the increase in the number of warehouses located
in the county. Retail salespersons are expected to have the second largest job open-
ings (290 per year). These occupations with the most replacement needs require fewer
skills and generally pay lower wages
∑ One demand occupation requiring higher skills is registered nurses (250 job openings
per year) as Middlesex County’s medical facilities expand their services. Another high-
skill occupation is general and operational managers for which 80 job openings are
projected per year.
Middlesex County
∑ During the period of 2002-2012, Non-His-
panics are expected to consist of 81.6 per-
Projected Labor Force Growth by
Hispanic Origin, 2002 - 2012 cent while persons of Hispanic origin are
expected to provide the remaining 18.4
Hispanic percent of growth in the county’s labor
18.4% force.
Non-Hispanic
81.6%
Male 45.0%
55.0% Female