TRENTON – The state’s unemploymenet rate dipped to 9.7 percent in October, down .1 percentage point from September, the state Labor Department reported Thursday.
The state said that preliminary estimates indicate that total nonfarm wage and salary employment in New Jersey contracted in October by 11,700 jobs, to a seasonally adjusted 3,892,200.
Private-sector employment grew by 25,600 jobs from October 2011 to this October, the state reported.
The state said that since February 2010, private-sector employment has grown by 73,600 jobs.
The Labor Department reported that based on more complete reporting from employers, previously released September estimates were revised lower, down by 1,500 jobs, to show an over-the-month (August – September) total nonfarm employment loss of 2,700 jobs. Preliminary estimates had indicated an over-the-month loss of 1,200 jobs.
The national jobless rate is 7.9 percent.
Lower employment levels were recorded in both the private (-9,400) and public (-2,300) sectors of the state’s economy.
The Passaic County Building and Construction Trades Council today endorsed Andre Sayegh for Mayor citing his effective leadership, efforts to combat crime, and promotion of business and overall economic development in the City of Paterson.Read More >
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"This is my first Mark Smith event. There have been a lot of changes in Hudson County over the last year and a half, and the most important change that has happened is that there really is unity. For the first time, we really are working together. Despite political differences. Mark and I have worked very hard to repair that. I'm really happy to be here in support of him, because I recognize that when you work together, politics becomes secondary and you really have time to focus on government, which is the most important thing." - Jersey City Mayor Steven Fulop- PolitickerNJ.com
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