Camden, NJ, Division Economic Summary
Updated June 28, 2017
This summary presents a sampling of economic information for the area; supplemental data are provided for regions
and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are
not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area
summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm.
Unemployment rates for the Camden division,
selected area counties, and the nation
Average weekly wages for all industries by county
Camden division, 4th quarter 2016
(U.S. = $1,067)
Unemployment rates
4.5
United States
4.1
5.0
Camden
division
4.2
4.5
Burlington Co.
3.7
5.5
Camden Co.
4.6
5.0
Gloucester Co.
0.0
4.3
2.0
4.0
May-16
6.0
May-17
Source: U.S. BLS, Local Area Unemployment Statistics.
Source: U.S. BLS, Quarterly Census of Employment and Wages.
Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector
12-month percent changes in employment
Percent
4.0
3.5
Camden division
United States
3.0
2.5
2.0
1.5
1.0
0.5
0.0
May-14
May-15
May-16
Source: U.S. BLS, Current Employment Statistics.
May-17
Camden division employment
(numbers in thousands)
Total nonfarm
Mining, logging, and construction
Manufacturing
Trade, transportation, and utilities
Information
Financial activities
Professional and business services
Education and health services
Leisure and hospitality
Other services
Government
Change from May
May 2017
2016 to May 2017
Number
Percent
10.2
0.4
0.9
3.4
0.2
1.0
0.5
2.3
0.2
-0.4
1.7
1.9
1.8
2.4
2.9
3.0
3.4
0.6
2.4
0.4
-2.1
2.1
541.9
23.0
37.7
121.2
6.8
30.6
78.8
96.2
47.8
18.5
81.3
Source: U.S. BLS, Current Employment Statistics.
• www.bls.gov/ro6
Over-the-year changes in the selling prices received by
producers for selected industries nationwide
Over-the-year change in the prices paid by urban
consumers for selected categories
12-month percent change in CPI-U, April 2017
10.0
9.3
Philadelphia area
U.S. city average
8.0
Percent
4.0
8.1
2.0
1.0
0.0
4.0
-1.0
2.2
0.0
General freight trucking
Hospitals
Offices of physicians
3.0
6.0
2.0
12-month percent changes in PPI
1.3
1.3
All Items
-2.0
0.5
Food
-3.0
Energy
-4.0
May-14
Source: U.S. BLS, Consumer Price Index.
Average annual spending and percent distribution for
selected categories
Philadelphia area average annual expenditures 2014-15
May-15
May-16
Average hourly wages for selected occupations
Occupation
Camden
division
Total, all occupations
All other
$11,635
19.2%
Housing
$21,195
35.0%
Healthcare
$4,901
8.1%
Personal
insurance &
pensions
$6,373
10.5%
Food
$6,788
11.2%
Transportation
$9,588
15.9%
Total:
$60,480
Employer costs per hour worked for wages and
selected employee benefits by geographic division
Total compensation
Wages and salaries
Total benefits
Paid leave
Vacation
Supplemental pay
Insurance
Retirement and savings
Legally required benefits
United
States
$24.56
$23.86
General and operations managers
71.78
58.70
Lawyers
60.23
67.25
Mechanical engineers
42.75
43.17
Accountants and auditors
40.54
36.89
Registered nurses
37.81
34.70
Construction laborers
23.51
18.22
Customer service representatives
17.46
16.91
Office clerks, general
16.71
15.87
Retail salespersons
14.15
13.07
Stock clerks and order fillers
12.64
12.82
Cashiers
10.52
10.43
Cooks, fast food
10.06
9.89
Source: U.S. BLS, Occupational Employment Statistics, May 2016.
Source: U.S. BLS, Consumer Expenditure Survey.
Private industry, March 2017
May-17
Source: U.S. BLS, Producer Price Index.
Middle
Atlantic (1)
$41.55
27.21
14.34
3.10
1.56
2.97
3.37
1.76
3.15
(1) Middle Atlantic includes NJ, NY, and PA.
Source: U.S. BLS, Employer Costs for Employee Compensation.
United
States
$33.11
23.06
10.06
2.30
1.18
1.17
2.65
1.34
2.60
Over-the-year changes in wages and salaries
Percent
3.5
12-month percent changes in ECI
3.0
2.5
2.0
1.5
1.0
0.5
0.0
Mar-14
Philadelphia area
Mar-15
United States
Mar-16
Source: U.S. BLS, Employment Cost Index.
New York-New Jersey Information Office • [email protected] • https://www.bls.gov/regions/new-york-new-jersey • 646-264-3600
Mar-17