- Unemployment increases by 0.1% to 3.5%, 2nd monthly increase
- Workforce grows by 23,300 individuals, 4th consecutive month of growth
- GDP & Personal Income data sends mixed signal about our economic trajectory
- Losses in Manufacturing & Construction defy strong U.S. growth
the staff of the Ridgewood blog
Ridgewood NJ, According to Garden State Initiative (GSI) analysis of the newest jobs numbers issued by the Bureau of Labor Statistics, more of New Jersey’s residents are seeking work which led to an uptick in our unemployment rate by 0.1% to 3.5%, matching the U.S. rate which was unchanged. The state reported an increase of 5,700 private sector jobs in December, while adding 800 public sector positions, for a net gain of 6,500. Of note, the state shed jobs in the Construction and Manufacturing sectors, which experienced strong growth nationally.
Continue reading New Jersey Adds 6,500 Jobs in December
