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.
On Wednesday, U.S. Sen. Cory Booker (D-NJ) will officially kick-off his re-election campaign with a three-event tour across the state.Read More >
Campaign season now under way in Bergen County Politics is practiced year-round in Bergen County, and street-level campaigning has been going on quietly all summer. But both Republicans and Democrats say the Rutherford Street Fair on Labor Day signals a more intense phase of electioneering. (Ensslin/The Bergen Record) http://www.northjersey.com/news/campaign-season-now-under-way-in-bergen-county-1.1079080 ...
By MICHAEL W. KLEIN In his weekly radio address on August 16, President Obama challenged colleges “to do their part to bring down costs” and lighten the tuition burden on students. The state colleges and universities in New Jersey have... Read More >
"Governor Christie ripped President Obama this summer for failing to carve out some time during a Texas fundraising swing to visit the Mexican border, where the unprecedented flood of immigrant children from Central America had reached a crisis point. ...Yet Christie is not squeezing in a tour of the troubled border during his own three-day trade and diplomatic mission to Mexico, which is set to begin on Wednesday. The governor is planning a series of meetings with Mexican officials, including President Enrique Peña Nieto and the finance and energy ministers." - columnist Charles Stile- The Bergen Record
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