US ZIP Code 07940 Employment Sector Statistics (2024)
Workforce distribution by employment sector for US ZIP Code 07940
Employment Indicators for US ZIP Code 07940 (2024)
Total Employed
8,771
Civilian 16+
Private For-Profit
74.7 %
Largest Sector
Self-Employed
5.3%
Entrepreneurship
Government
10.3%
Public Sector
US ZIP Code 07940 Workforce by Sector & Gender
US ZIP Code 07940 Employment Sector Breakdown
| Sector | Total Workers | Percentage |
|---|---|---|
| Private For-Profit | 6,555 | 74.7% |
| Government | 905 | 10.3% |
| Self-Employed | 469 | 5.3% |
| Private Non-Profit | 825 | 9.4% |
US ZIP Code 07940 Gender Ratio Analysis by Employment Sector (2024)
| Sector | Male:Female Ratio |
|---|---|
| Private For-Profit | 1.26:1 |
| Government | 1.02:1 |
| Self-Employed | 0.40:1 |
US ZIP Code 07940 Employment Trends (2021–2024)
US ZIP Code 07940 Historical Employment Sector Trends
| Year | Private | Gov | Self-Emp | Non-Profit |
|---|---|---|---|---|
| 2024 | 74.7% | 10.3% | 5.3% | 9.4% |
| 2023 | 74.5% | 10.7% | 5.0% | 9.8% |
| 2022 | 74.8% | 9.4% | 4.8% | 10.9% |
| 2021 | 75.2% | 9.8% | 5.6% | 9.2% |
Employment Sector FAQs for US ZIP Code 07940
The largest employment sector in US ZIP Code 07940 is Private For-Profit, which employs 74.7% of the local workforce.
There are approximately 8,771 civilian workers aged 16 and over currently employed in US ZIP Code 07940.
In the private for-profit sector, the male-to-female ratio is 1.26:1. This metric helps highlight gender participation across the most prominent industry classes.
Since 2021, the total number of workers in US ZIP Code 07940 has shown a decrease, moving from 9,136 to 8,771 according to Census Bureau records.