Targeted Employment Area: Ocean County, New Jersey

Created on 12/11/2017 10:53:06 PM (GMT)(GMT)

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

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Ocean 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, Ocean County, New Jersey to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Ocean 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 Ocean 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.

Ocean County New Jersey Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 34029 460,437 270,474 246,680 23,794 8.8% Yes
BLS 34029 n/a 268,849 254,769 14,080 5.2% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Ocean 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 Ocean County.

Ocean County, New Jersey

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