The national rate of unemployment dropped to 7.7 percent in November, down from 7.9 percent as the economy added 146,000 new jobs.
Retail employment saw the biggest gains in the month, adding 53,000 new jobs as retailers began to add staff for the Christmas season. Another 43,000 jobs were added in the professional and business services sector, while the health care sector added an additional 20,000 jobs.
Construction saw the biggest losses in the month, dropping 20,000 jobs.
The rate of unemployed now stands at its lowest level since President Obama took office in January 2009. At that time, the rate stood at 7.8 percent and reached that level again in September before edging up in October.
A former senior state correction officer from Newark was sentenced to prison today for trafficking 22 kilograms of cocaine from Texas to New Jersey, according to acting Attorney General John J. Hoffman.Read More >
Bergen County Exec's race: Fort Lee Mayor Sokolich sees Bridgegate investigations as potential election catalyst FORT LEE - Fort Lee Mayor Mark Sokolich was the emcee of Tuesday's meet-and-greet event at the Richard A. Nest Adult Activity Center in his Bergen County borough, introducing U.S. Sen. Cory Booker...
By Jeff Brindle A lone PAC contribution to Trenton Mayor Eric Jackson’s campaign highlights the need for pay-to-play reform in New Jersey. During the recent mayoralty election in Trenton, newly elected Mayor Eric Jackson received an $8,200 campaign... Read More >
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