Contact Us
Make My Homepage

NJ’s Jobless Rate Rises Again

Preliminary numbers released today by the State Department of Labor and Workforce Development show that employment in New Jersey shifted lower in July and the unemployment rate edged upward. New Jersey’s jobless rate moved up in July, by 0.2 percentage point, to 9.8%, still above the national rate, which also edged up, by 0.1, to 8.3% in July.

unemployment line
Scott Olson, Getty Images

“The national economy has been sluggish and, realistically, we can’t be exempt,” explains Charles Steindel, Chief Economist for the New Jersey Department of Treasury. “Given the national softness and the strength of our job gains in May and June some fallback was likely.”

Overall, private sector employers in the Garden State have added 79,000 jobs since February 2010, which was the low point of private sector employment during the recession. Over the past 12 months total nonfarm employment in New Jersey has increased by 40,200 jobs.

Job loss in July was registered in both the private (-7,100) and public (-4,900) sectors of the state’s economy.

Steindel says, “Still, New Jersey’s labor force participation rate and the percentage of our population who are employed remain above the national averages. Considering we have seen job growth in 9 out of the past 11 months, we anticipate that job growth should resume and start to put some downward pressure on unemployment.”

Best of NJ101.5

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 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.