Working in New Jersey

Working in New Jersey

New Jersey is the most densely populated state in the United States. It is also the state that has the most identifiable sub-cultures with regards to economic, ethnic, and geographical characteristics. In fact, New Jersey is officially divided into seven metropolitan regions by the federal government's Office of Management and Budget.

State government divides New Jersey into five commercial regions. The Greater Atlantic City Region is an unofficial sixth. It is important to distinguish each division as a separate entity when it comes to the economy. Commerce, lifestyle, and some government oversight of specific parts of New Jersey are not considered metropolitan statistical areas of the state at all.

The Gateway Region lays to the west of New York, and the Delaware Region is just north of Philadelphia. For employment purposes, the areas of New Jersey surrounding these cities are considered the largest "bedroom" communities in the nation. Culturally, residents refer to themselves as living in New York or Philly, respectively.

More residents from the Gateway or Delaware regions commute into New York and Philadelphia than work in New Jersey. The transportation infrastructure is set up that way as well with New York City and Philadelphia mass transit reaching far into New Jersey's outlying suburbs.

Life sciences and biological and information technologies are essential components of New Jersey's economy. Per square mile, there are more individuals in New Jersey with advanced degrees in science than anywhere else in the world. The plethora of quality institutions of higher learning in the nation's Northeast and Mid-Atlantic regions makes New Jersey's central location on the East Coast ideal for companies requiring individuals with advanced degrees and highly-technical knowledge bases.

Biotechnology and telecommunications are two sectors which thrive in New Jersey. New Jersey is the global leader when it comes to pharmaceuticals. Of the top 20 drug companies in the world, 17 are headquartered in New Jersey. Bristol-Myers Squibb, Johnson and Johnson, Novartis, and Pfizer are just a few of the major corporations employing New Jerseyans. There are consistent recruitment efforts which are projected to grow rapidly for chemists, biotechnologists, laboratory technicians and other life sciences employees.

New Jersey is also home to all of the major players in the telecommunications industry. The central nerve centers for Fortune 500 companies such as ATT and Verizon call New Jersey home.

Occupations in the energy sector are in demand as well. Although New Jersey is the most populous of all states, the air is surprisingly clean. The presence of three nuclear power plants makes it possible for New Jerseyans to keep the release of carbon dioxide and greenhouse gases at eco-friendly levels. Employers concentrate on finding entry-level candidates educated in green technology.

The U.S. Bureau of Labor and Statistics reports New Jersey's unemployment rate for May, 2012 at 9.2 percent, a full point higher than the national average. This is solely indicative for the New Jersey statistical area. The average annual wage is $45,000. In Trenton, the state capital, the unemployment rate is 7.6 percent. The median wage in Trenton is $48,000 annually.

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