Unemployment rate drops despite N.J.’s shrinking public payroll
New Jersey’s private-sector employers added 1,100 jobs in September, while the state’s unemployment rate dropped by 0.1 percent, but public-sector employment dropped by 2,300, more than offsetting the private-sector gains, the state Department of Labor and Workforce Development announced.
According to today’s announcement, total employment fell by 1,200, while the August employment gain was revised downward by 3,000 jobs, from 5,300 to 2,300. The unemployment rate is now 9.8 percent. (Kitchenman, NJBIZ)
