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 Democratic National Committee is targeting Gov. Chris Christie as the New Jersey executive begins his term serving as chairman of the Republican Governors Association.Read More >
Former Mayor Gibson endorses Baraka for mayor if Newark NEWARK - Former Mayor Ken Gibson tonight formally backed South Ward Councilman Ras Baraka for mayor of Newark at a campaign event at the Robert Treat Hotel. "I'm endorsing Ras Baraka for mayor," Gibson told PolitickerNJ.com in the Crystal Ballroom. "He...
BY Giancarlo Tello As an undocumented New Jersey student of 17 years, forced to drop out of Rutgers University because I could not afford the discriminatory out-of-state rate of $27,500 a year, I find Martin Perez’ misguided response to the... Read More >
"It's incredible, it's a dream. I would never have imagined that I would be running for mayor, but to have Ken Gibson say that, I didn't expect it. Having Ken Gibson on my side is the ultimate reference check. It's the ultimate in street credibility. Mr. Gibson said it, when he was running for mayor, people said that they weren't ready, but Mr. Gibson said 'ready or not, here I come.' I think that's apropos for my campaign. Newark is ready for this." Newark Mayoral candidate Ras Baraka- PolitickerNJ.com
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