Contact Us
Make My Homepage

NJ Unemployment Rate Drops in December

New Jersey’s unemployment rate has dropped significantly for the second month in a row, but it’s not because more jobs have been created.

Job Fair
Justin Sullivan, Getty Images

December’s rate was 7.3 percent, down a half-point from November and the lowest unemployment rate for New Jersey in five years.

But the state government was not celebrating the news.

Data collected in a federal survey released by the state on Thursday shows than some 26,000 people left the labor force last month.

With fewer people seeking jobs, the unemployment rate fell even as the number of residents with jobs dropped by 36,000.

Charles Steindel, the chief economist for the state Treasury Department, says other indicators show the state’s economy improving.

The national unemployment rate was 6.7 percent in December.

 

(Copyright 2014 by The Associated Press.  All Rights Reserved.)

Best of NJ 101.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for New Jersey Insiders quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.