The Dynamism Index by State

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Dynamism Indicators for New Jersey

19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014

2014
1. Business Churn 17.2% 15.6%
2. Jobs in New Companies 2.5% 2.1%
3. Jobs in Incumbent Companies 62.7% 72.3%
4. Labor Market Churn 33.0% 25.0%
5. Labor Force Participation 66.7% 64.0%
6. Change in Firms -0.6% 0.0%
7. Net Migration -5.9 -6.2
Score 48.6 34.9
Ranking 39 15
1. Business Churn 16.9% 15.6%
2. Jobs in New Companies 2.4% 2.1%
3. Jobs in Incumbent Companies 64.5% 72.3%
4. Labor Market Churn 31.4% 25.0%
5. Labor Force Participation 65.6% 64.0%
6. Change in Firms 1.6% 0.0%
7. Net Migration -5.1 -6.2
Score 48.0 34.9
Ranking 36 15
1. Business Churn 17.1% 15.6%
2. Jobs in New Companies 2.6% 2.1%
3. Jobs in Incumbent Companies 64.6% 72.3%
4. Labor Market Churn 30.0% 25.0%
5. Labor Force Participation 65.9% 64.0%
6. Change in Firms 1.0% 0.0%
7. Net Migration -4.2 -6.2
Score 47.8 34.9
Ranking 39 15
1. Business Churn 17.7% 15.6%
2. Jobs in New Companies 2.9% 2.1%
3. Jobs in Incumbent Companies 64.4% 72.3%
4. Labor Market Churn 26.6% 25.0%
5. Labor Force Participation 66.5% 64.0%
6. Change in Firms 2.5% 0.0%
7. Net Migration -4.6 -6.2
Score 49.5 34.9
Ranking 32 15
1. Business Churn 18.0% 15.6%
2. Jobs in New Companies 2.7% 2.1%
3. Jobs in Incumbent Companies 64.6% 72.3%
4. Labor Market Churn 30.0% 25.0%
5. Labor Force Participation 67.3% 64.0%
6. Change in Firms 1.5% 0.0%
7. Net Migration -5.4 -6.2
Score 50.9 34.9
Ranking 31 15
1. Business Churn 18.3% 15.6%
2. Jobs in New Companies 2.7% 2.1%
3. Jobs in Incumbent Companies 65.5% 72.3%
4. Labor Market Churn 31.6% 25.0%
5. Labor Force Participation 67.7% 64.0%
6. Change in Firms 1.6% 0.0%
7. Net Migration -5.3 -6.2
Score 52.2 34.9
Ranking 25 15
1. Business Churn 18.2% 15.6%
2. Jobs in New Companies 3.2% 2.1%
3. Jobs in Incumbent Companies 65.5% 72.3%
4. Labor Market Churn 30.4% 25.0%
5. Labor Force Participation 66.8% 64.0%
6. Change in Firms 1.2% 0.0%
7. Net Migration -4.5 -6.2
Score 52.1 34.9
Ranking 23 15
1. Business Churn 17.5% 15.6%
2. Jobs in New Companies 2.8% 2.1%
3. Jobs in Incumbent Companies 65.5% 72.3%
4. Labor Market Churn 28.8% 25.0%
5. Labor Force Participation 67.0% 64.0%
6. Change in Firms 0.4% 0.0%
7. Net Migration -3.9 -6.2
Score 48.1 34.9
Ranking 28 15
1. Business Churn 16.9% 15.6%
2. Jobs in New Companies 2.4% 2.1%
3. Jobs in Incumbent Companies 66.4% 72.3%
4. Labor Market Churn 29.4% 25.0%
5. Labor Force Participation 66.5% 64.0%
6. Change in Firms 0.2% 0.0%
7. Net Migration -3.3 -6.2
Score 45.2 34.9
Ranking 31 15
1. Business Churn 16.5% 15.6%
2. Jobs in New Companies 2.8% 2.1%
3. Jobs in Incumbent Companies 66.8% 72.3%
4. Labor Market Churn 29.4% 25.0%
5. Labor Force Participation 66.1% 64.0%
6. Change in Firms 1.0% 0.0%
7. Net Migration -2.8 -6.2
Score 46.3 34.9
Ranking 25 15
1. Business Churn 16.9% 15.6%
2. Jobs in New Companies 2.6% 2.1%
3. Jobs in Incumbent Companies 67.8% 72.3%
4. Labor Market Churn 34.2% 25.0%
5. Labor Force Participation 66.5% 64.0%
6. Change in Firms 0.1% 0.0%
7. Net Migration -2.8 -6.2
Score 48.1 34.9
Ranking 23 15
1. Business Churn 17.2% 15.6%
2. Jobs in New Companies 2.5% 2.1%
3. Jobs in Incumbent Companies 68.2% 72.3%
4. Labor Market Churn 30.8% 25.0%
5. Labor Force Participation 66.1% 64.0%
6. Change in Firms 0.3% 0.0%
7. Net Migration -3.9 -6.2
Score 46.0 34.9
Ranking 23 15
1. Business Churn 17.3% 15.6%
2. Jobs in New Companies 2.5% 2.1%
3. Jobs in Incumbent Companies 68.4% 72.3%
4. Labor Market Churn 27.8% 25.0%
5. Labor Force Participation 65.9% 64.0%
6. Change in Firms 1.1% 0.0%
7. Net Migration -5.2 -6.2
Score 44.8 34.9
Ranking 22 15
1. Business Churn 17.9% 15.6%
2. Jobs in New Companies 2.7% 2.1%
3. Jobs in Incumbent Companies 69.0% 72.3%
4. Labor Market Churn 29.0% 25.0%
5. Labor Force Participation 66.2% 64.0%
6. Change in Firms 1.4% 0.0%
7. Net Migration -6.6 -6.2
Score 47.1 34.9
Ranking 20 15
1. Business Churn 18.3% 15.6%
2. Jobs in New Companies 2.7% 2.1%
3. Jobs in Incumbent Companies 68.7% 72.3%
4. Labor Market Churn 26.8% 25.0%
5. Labor Force Participation 66.8% 64.0%
6. Change in Firms 0.4% 0.0%
7. Net Migration -8.4 -6.2
Score 46.0 34.9
Ranking 22 15
1. Business Churn 17.6% 15.6%
2. Jobs in New Companies 2.5% 2.1%
3. Jobs in Incumbent Companies 68.9% 72.3%
4. Labor Market Churn 29.6% 25.0%
5. Labor Force Participation 66.4% 64.0%
6. Change in Firms 0.0% 0.0%
7. Net Migration -8.0 -6.2
Score 44.9 34.9
Ranking 24 15
1. Business Churn 17.6% 15.6%
2. Jobs in New Companies 2.7% 2.1%
3. Jobs in Incumbent Companies 69.1% 72.3%
4. Labor Market Churn 28.4% 25.0%
5. Labor Force Participation 67.0% 64.0%
6. Change in Firms -1.2% 0.0%
7. Net Migration -6.5 -6.2
Score 44.0 34.9
Ranking 17 15
1. Business Churn 17.0% 15.6%
2. Jobs in New Companies 1.9% 2.1%
3. Jobs in Incumbent Companies 70.9% 72.3%
4. Labor Market Churn 22.4% 25.0%
5. Labor Force Participation 67.3% 64.0%
6. Change in Firms -4.2% 0.0%
7. Net Migration -3.6 -6.2
Score 33.9 34.9
Ranking 24 15
1. Business Churn 15.5% 15.6%
2. Jobs in New Companies 2.0% 2.1%
3. Jobs in Incumbent Companies 71.3% 72.3%
4. Labor Market Churn 24.0% 25.0%
5. Labor Force Participation 66.4% 64.0%
6. Change in Firms -2.0% 0.0%
7. Net Migration -4.4 -6.2
Score 33.8 34.9
Ranking 19 15
1. Business Churn 15.7% 15.6%
2. Jobs in New Companies 2.1% 2.1%
3. Jobs in Incumbent Companies 71.6% 72.3%
4. Labor Market Churn 23.8% 25.0%
5. Labor Force Participation 65.9% 64.0%
6. Change in Firms -0.9% 0.0%
7. Net Migration -5.1 -6.2
Score 35.1 34.9
Ranking 15 15
1. Business Churn 15.1% 15.6%
2. Jobs in New Companies 2.0% 2.1%
3. Jobs in Incumbent Companies 71.4% 72.3%
4. Labor Market Churn 24.4% 25.0%
5. Labor Force Participation 65.8% 64.0%
6. Change in Firms 1.1% 0.0%
7. Net Migration -5.6 -6.2
Score 36.0 34.9
Ranking 15 15
1. Business Churn 15.0% 15.6%
2. Jobs in New Companies 2.2% 2.1%
3. Jobs in Incumbent Companies 71.5% 72.3%
4. Labor Market Churn 24.0% 25.0%
5. Labor Force Participation 64.6% 64.0%
6. Change in Firms 0.5% 0.0%
7. Net Migration -5.1 -6.2
Score 34.8 34.9
Ranking 14 15
1. Business Churn 15.6% 15.6%
2. Jobs in New Companies 2.1% 2.1%
3. Jobs in Incumbent Companies 72.3% 72.3%
4. Labor Market Churn 25.0% 25.0%
5. Labor Force Participation 64.0% 64.0%
6. Change in Firms 0.0% 0.0%
7. Net Migration -6.2 -6.2
Score 34.9 34.9
Ranking 15 15

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Indicators (Click on each indicator to move to a particular graph)

    1. Business Churn

    2. Jobs in New Companies

    3. Jobs in Incumbent Companies

    4. Labor Market Churn

    1. Labor Force Participation

    2. Change in Firms

    3. Net Migration

Dynamism Index

  • United States
  • New Jersey

Business Churn

  • United States
  • New Jersey

Jobs in New Companies

  • United States
  • New Jersey

Jobs in Incumbent Companies

  • United States
  • New Jersey

Labor Market Churn

  • United States
  • New Jersey

Labor Force Participation

  • United States
  • New Jersey

Change in Firms

  • United States
  • New Jersey

Net Migration

  • United States
  • New Jersey

Download the ISD Report