the staff of the Ridgewood blog
Trenton NJ, New Jersey’s unemployment rate has remained nearly unchanged for almost a year, now ranking as the sixth highest in the nation, according to recent data. As the national labor market shows signs of slowing down, high interest rates and corporate downsizing have left their mark on the state’s economy. The Federal Reserve is holding rates steady and may cut rates just once in 2024.
Continue reading New Jersey’s Unemployment Rate Stagnates Amid Economic Shifts
