By Matthew Arco | December 20th, 2012 - 12:42pm
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TRENTON – New Jersey’s unemployment rate edged down in November despite the state losing 8,100 jobs, according to the Department of Labor and Workforce Development.

The state’s unemployment rate dipped by 0.1 percent to a seasonally adjusted 9.6 percent, according to the latest figures. Lower employment levels were recorded in both the private and public sectors, which lost 3,700 and 4,400 jobs, respectively.

According to the latest figures, October’s jobless figures were revised sharply higher from a loss of 10,700 jobs to a loss of only 1,000 jobs.

“The sharp upward revision in the October number shows us that once again that first reports of large losses can be exaggerated,” said Charles Steindel, chief economist for the New Jersey Department of Treasury, in a statement.

Steindel called the job loss “fairly modest,” crediting s uperstorm Sandy with causing a spike in jobless claims.

“It seems clear that the storm generated some job losses, particularly in leisure and hospitality, but the total loss for the state was fairly modest, and the unemployment rate continues to drift down,” he said.

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, according to national data.

The Back Room

Names on the LD7 GOP bench

In the event that state Sen. Diane Allen (R-7) doesn't run for re-election in 2017, the party has a short list of possible candidates it could field to try to head off either Assemblyman Herb Conaway (D-7) or Assemblyman Troy Singleton (D-7).

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Wake-Up Call

Morning Digest: July 30th

  With looming deadline on bail reform, Christie calls Legislature into special session TRENTON - Gov. Chris Christie is calling the legislature into special session Thursday to address recent bail reform legislation before a looming deadline next week, according to a letter from the governor’s office today. (Brush/PolitickerNJ)...

Op-Ed

The health of New Jersey's women is not Chris Christie's priority

By Linda Stender At his most recent town hall, Gov. Chris Christie accused his predecessors of "monkeying with the math" when it comes to their handling of our state's economy. But as the old saying goes, when the governor points a finger, he... Read More >

Contributors

(7-30-14) Who Is Best Equipped to Decide the Fate of the Common Core? - The latest Christie controversy surrounds his Executive Order to revamp the state’s academic... more »
 The following letter was sent today to Republican state legislators, county chairs, state committee members, and New Hampshire... more »
The Perry-Paul Debate is Healthy for the GOP – and for America  The foreign policy debate in the media between prospective GOP Presidential candidates Texas Governor Rick Perry and... more »
(Washington DC)-- Two recent votes on Capitol Hill suggest an overdue and radical departure from our nation's Draconian and costly War on Drugs.  It's a long-overdue discussion (and not just... more »

Quote of the Day

quote of the day

"Assembly Speaker Vincent Prieto, a Hudson County Democrat, is balking. He claimed Tuesday that members of his caucus are divided over the measure and that his house is in no real rush – besides, even if enacted this year, the reforms would not take effect until 2017, he said. And with the growing belief that Christie could skip town to run for president, some Democrats are not eager to give him another talking point for his résumé. Christie’s plans to stump for Republican candidates in New Hampshire later Thursday only fuel that suspicion." - columnist Charles Stile

- The Bergen Record

Poll

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