Unemployment Rate in New Jersey was 4.80% in January of 2022, according to the United States Federal Reserve. Historically, Unemployment Rate in New Jersey reached a record high of 16.60 in May of 2020 and a record low of 2.90 in April of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in New Jersey - last updated from the United States Federal Reserve on April of 2024.