TRENTON, NJ-The state of New Jersey added 3,300 jobs during the month of April, which pushed the unemployment rate in the Garden State below 9%.
According to the monthly jobs report released today by the New Jersey Department of Labor and Workforce Development, the unemployment rate in April stood at 8.7%, the lowest it has been in the past four years. Although good economic news, it is tempered by the fact that the national unemployment rate stood at 7.5% in April.
Charles Steindel, chief economist for the New Jersey Department of Treasury, says, “April saw the largest 12-month gain in the number of employed residents that New Jersey has seen in seven years, with an increase of more than 60,000 compared to April 2012." See story in The Record.
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