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New Jersey Job Numbers Soft Despite Plunge in Unemployment Rate

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  • Private-sector jobs fall for first time since the worst of the pandemic
  • Sharp drop in the unemployment rate reflects decline in labor force, as well as increase in numbers working
  • Sharp decline in construction, as government jobs grow

the staff of the Ridgewood blog

Morristown NJ, on October 20th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for September 2022. Dr. Charles Steindel, former Chief Economist of the State of New Jersey, analyzed the report for the Garden State Initiative: Continue reading New Jersey Job Numbers Soft Despite Plunge in Unemployment Rate

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Senator Michael Testa : “Throughout the pandemic, it was obvious the only jobs the labor department leadership was concerned about were their own”

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the staff of the Ridgewood blog

Trenton NJ, Senator Michael Testa today lambasted New Jersey’s Department of Labor and Workforce Development after the beleaguered agency issued a self-congratulatory press release boasting of its accomplishments in 2021.

Continue reading Senator Michael Testa : “Throughout the pandemic, it was obvious the only jobs the labor department leadership was concerned about were their own”

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New Jersey Job Growth Anemic in April as Gap with National Unemployment Rate Remains Wide

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At April’s rate, a pre-COVID jobs recovery would take 7 years
Leisure & Hospitality sector continues slow recovery, adding 3,000 jobs
NJ unemployment rate remains significantly above US average

the staff of the Ridgewood blog

Morristown NJ, on May 20th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for April 2021. Dr. Charles Steindel, former Chief Economist of the State of New Jersey and current Resident Scholar, Anisfield School of Business at Ramapo College, analyzed the report for the Garden State Initiative:

Continue reading New Jersey Job Growth Anemic in April as Gap with National Unemployment Rate Remains Wide

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New Jersey Adds 20,800 jobs in March as state remains 300,000 below pre-pandemic level

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Morristown NJ ,on  April 15th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for March 2021. Dr. Charles Steindel, former Chief Economist of the State of New Jersey and current Resident Scholar, Anisfield School of Business at Ramapo College, analyzed the report for the Garden State Initiative:

Continue reading New Jersey Adds 20,800 jobs in March as state remains 300,000 below pre-pandemic level

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New Jersey’s Recovery Stalls: Jobs Down, Unemployment Up

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the staff of the Ridgewood blog

Morristown NJ,  On November 19th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for October 2020. Dr. Charles Steindel, former Chief Economist of the State of New Jersey and current Resident Scholar, Anisfield School of Business at Ramapo College, analyzed the report for the Garden State Initiative:

Continue reading New Jersey’s Recovery Stalls: Jobs Down, Unemployment Up