N.J. trailing U.S. in job growth, but recent gain an encouraging sign, economist says
New Jersey lagged behind its neighbors throughout the economic recovery in regaining private-sector jobs lost from the recession, but its recent employment growth has begun to outpace other states, according to a Rutgers University economist.
According to a report today released by Rutgers University’s Edward J. Bloustein School, between February 2010 and June 2012, New Jersey has recovered 89,700 of the 248,200 private-sector jobs lost during the recession, while Pennsylvania has recovered 174,300 of 262,100 jobs it lost. New York has completely recovered the 248,200 jobs it shed, and added an additional 18,000 jobs. (Eder, NJBIZ)
