By State Street Wire Staff | November 15th, 2012 - 1:04pm
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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.

Wake-Up Call

Morning Digest: September 30th

Dems fail to pry sufficient number from abstemious GOP caucus to pass debt report bill TRENTON - The Assembly this afternoon could not summon the necessary votes to override Gov. Chris Christie's veto of A961, as Assembly Minority Leader Jon Bramnick (R-21) prevented Democrats - some of them outraged...

Op-Ed

Legislation needed for publicly financed gubernatorial elections

By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor.  Not only is there no current legal... Read More >

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 The following letter was sent today to Republican state legislators, county chairs, state committee members, and New Hampshire... more »

Quote of the Day

quote of the day

"When you're asked to cast a vote on a bill and it seems innocuous, and it's got a hidden land mine that perhaps only an expert would see, it would sort of behoove those experts to tell us in advance rather than make us look, shall we say, a little bit indecisive later on." - Assemblyman Michael Patrick Carroll (R-25).

- NJTV

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