Targeted Employment Area: Bergen County, New Jersey

Created on 10/21/2017 7:43:50 PM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Bergen County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Bergen County New Jersey and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Bergen County, New Jersey to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Bergen County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Bergen County may not be granted a designation letter -- or depending on project type, target areas, and New Jersey requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Bergen County New Jersey Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 34003 748,494 491,436 459,612 31,824 6.5% No
BLS 34003 n/a 484,167 463,988 20,179 4.2% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Bergen County New Jersey. We have a growing network of EB-5 companies and professionals who are ready to assist you. Please contact us so that we may guide prior to engaging a centers who support Bergen County.

Bergen County, New Jersey

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