Data / Job destruction rate / New Jersey

Job destruction rate in New Jersey

Job destruction rate in New Jersey was 11.204% in 2023, according to the U.S. Census Bureau. That is up 1.11 pts from 2022. That is the 14th highest of 51 states in 2023.

202311.204%
Change on 2022+1.11 pts
Rank14th of 51US states ranked
Series high19.171991
Series low10.0972022

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Job destruction rate in New Jersey, 1978 to 2023

10121416182019781985199219992006201320231978: 14.07 %1979: 12.664 %1980: 14.222 %1981: 14.03 %1982: 15.441 %1983: 15.827 %1984: 12.778 %1985: 14.853 %1986: 15.432 %1987: 16.649 %1988: 16.478 %1989: 15.692 %1990: 15.644 %1991: 19.17 %1992: 16.323 %1993: 14.979 %1994: 14.501 %1995: 13.09 %1996: 15.025 %1997: 16.053 %1998: 14.482 %1999: 14.518 %2000: 14.164 %2001: 14.942 %2002: 18.06 %2003: 15.944 %2004: 14.946 %2005: 14.912 %2006: 13.392 %2007: 15.229 %2008: 15.162 %2009: 16.463 %2010: 13.671 %2011: 12.049 %2012: 11.926 %2013: 12.246 %2014: 11.717 %2015: 12.014 %2016: 11.206 %2017: 12.337 %2018: 11.615 %2019: 10.44 %2020: 11.716 %2021: 17.646 %2022: 10.097 %2023: 11.204 %
%. Source: U.S. Census Bureau, Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. Retrieved 2026-10-12, published 2025-09-25.
All 46 values
Period%
202311.204
202210.097
202117.646
202011.716
201910.44
201811.615
201712.337
201611.206
201512.014
201411.717
201312.246
201211.926
201112.049
201013.671
200916.463
200815.162
200715.229
200613.392
200514.912
200414.946
200315.944
200218.06
200114.942
200014.164
199914.518
199814.482
199716.053
199615.025
199513.09
199414.501
199314.979
199216.323
199119.17
199015.644
198915.692
198816.478
198716.649
198615.432
198514.853
198412.778
198315.827
198215.441
198114.03
198014.222
197912.664
197814.07

Compared with United States

Place2023
New Jersey11.204
United States11.059

Rankings

Definition

Jobs lost at closing and shrinking establishments during the year, as a percentage of average employment in the two years. United States: Census Bureau Business Dynamics Statistics.

A gross flow: jobs added elsewhere are not subtracted, so the net change is job_creation_rate minus this rate. Not a layoff rate: it counts positions lost at establishments, not people who lost a job. The year is the twelve months to March: 2023 compares March 2022 with March 2023.

How to cite

U.S. Census Bureau. Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Census Bureau. (2025). Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010 (Job destruction rate, New Jersey, 1978 to 2023) [Data set]. Retrieved October 12, 2026, from https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv

MLA 9

Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010, Job destruction rate, New Jersey, 1978 to 2023. U.S. Census Bureau, 25 Sept. 2025, https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Invokely, https://invokely.ai/en/job-destruction-rate/new-jersey. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Census Bureau. 2025. Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. Job destruction rate, New Jersey, 1978 to 2023. Dataset. Accessed October 12, 2026. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Also distributed by Invokely, https://invokely.ai/en/job-destruction-rate/new-jersey.

Harvard

U.S. Census Bureau (2025) Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010, Job destruction rate, New Jersey, 1978 to 2023 [Dataset]. Available at: https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv, via Invokely: https://invokely.ai/en/job-destruction-rate/new-jersey (Accessed: 12 October 2026).

BibTeX
@misc{census_job_destruction_rate_new_2023,
  author = {{U.S. Census Bureau}},
  title = {{Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010: Job destruction rate, New Jersey, 1978 to 2023}},
  year = {2025},
  howpublished = {Data set},
  url = {https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/job-destruction-rate/new-jersey. Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023\_st.csv. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Census Bureau
TI  - Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010: Job destruction rate, New Jersey, 1978 to 2023
PY  - 2025
DA  - 2025/09/25
PB  - U.S. Census Bureau
DB  - Invokely
UR  - https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv
L2  - https://invokely.ai/en/job-destruction-rate/new-jersey
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/job-destruction-rate/new-jersey.
N1  - Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Retrieved 2026-10-12.
ER  -
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Questions

What is the job destruction rate in New Jersey?

Job destruction rate in New Jersey was 11.204% in 2023, according to the U.S. Census Bureau. That is up 1.11 pts from 2022. That is the 14th highest of 51 states in 2023.

Where does this figure come from?

U.S. Census Bureau. Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. Retrieved by Invokely on 2026-10-12.

What was the highest job destruction rate in New Jersey?

19.17% in 1991, the highest value since 1978 in this series.

Job destruction rate elsewhere in United States

Related statistics for New Jersey

All statistics for New Jersey | New Jersey in figures