A recent Brookings Institution report on youth unemployment says the northern New Jersey area (lumped in with New York & Long Island) is one of the worst in the country for employment for people aged 20-24, which would include many recent college graduates.
A new government report shows New Jersey's unemployment rate fell by more than a half a percentage point to 7.8 percent in November as the state added nearly 17,000 jobs and 31,000 people stopped looking for work.
U.S. employers added 169,000 jobs in August and much fewer in July than previously thought. The slowdown in hiring could complicate the Federal Reserve's decision later this month on whether to slow its bond purchases.
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