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NJ jobless rate falls to 4.2 percent despite shedding jobs

New data shows New Jersey lost more than 17,000 jobs last month but the unemployment rate fell to 4.2 percent from 4.4 percent.

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MIAMI BEACH, FL - JULY 05: A ''Now Hiring'' sign is seen in the store front window on July 5, 2012 in Miami Beach, Florida. The ADP released the National Employment Report which showed that employment in the U.S. nonfarm private business sector increased by 176,000 from May to June on a seasonally adjusted basis.The government will release its closely watched employment report for June on Friday. (Photo by Joe Raedle/Getty Images)
Joe Raedle, Getty Images
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Forecast calls for a braking of New Jersey’s economy

While the U.S. economy seems to be moving ahead moderately, New Jersey's economy is stuck in, "slow," according to the latest Rutgers economic forecast.

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Obama's New Budget Calls For Major Investments Into Public Works Projects
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What can be done to stop NJ’s illegal ‘underground’ construction industry?

Union leaders, researchers say more enforcement and fines are needed.

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sidewalk pavement construction works
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Illegal ‘underground’ construction costing NJ taxpayers millions, report finds

A new report finds the practice is widespread and it may be growing

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MIAMI BEACH, FL - JULY 05: A ''Now Hiring'' sign is seen in the store front window on July 5, 2012 in Miami Beach, Florida. The ADP released the National Employment Report which showed that employment in the U.S. nonfarm private business sector increased by 176,000 from May to June on a seasonally adjusted basis.The government will release its closely watched employment report for June on Friday. (Photo by Joe Raedle/Getty Images)
Joe Raedle, Getty Images
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Rutgers network enters new partnership to help NJ’s long-term unemployed

Rutgers' New Start Career Network, which serves New Jerseyans age 45 and older who have been jobless, but looking for work, for six-plus months, is partnering with a UK group to help these jobseekers cope with the emotional fallout of unemployment.

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In this Monday, Feb. 8, 2016, photo, a carpenter works on the siding of a new townhouse at a construction site in Houston. On Monday, April 18, 2016, the National Association of Home Builders/Wells Fargo releases its April index of builder sentiment. (AP Photo/Pat Sullivan)
In this Monday, Feb. 8, 2016, photo, a carpenter works on the siding of a new townhouse at a construction site in Houston. (AP Photo/Pat Sullivan)
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Why are NJ contractors hurting for skilled construction workers?

As construction accelerates, shortages of skilled trades workers have become more and more apparent.

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SAN FRANCISCO, CA - JULY 08: A 'now hiring' sign is posted outside of a Ross Dress for Less store on July 8, 2016 in San Francisco, California. According to the the U.S. Labor Department, employment growth surged with 287,000 added jobs in June. The unemployment rate inched up to 4.9% from 4.7% with an estimated 400,000 people returning to the workforce, many who had given up on job searches. (Photo by Justin Sullivan/Getty Images)
(Photo by Justin Sullivan/Getty Images)
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The NJ industries losing and gaining the most workers

New Jersey's unemployment rate increased for the fifth month in a row in July to 5.2 percent. But the news was not all bad.

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Adventurous senior couple taking travel selfie at Giglio Island
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What pensions mean for unemployment

Q. I have to retire from my state job on Sept. 1, 2016 to get health benefits paid for life — an offer I can’t refuse. I’m 62 and will start collecting a small pension. Can I also collect unemployment? Dealing with cancer, I find myself in panic mode. Help!

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NJ man ordered to repay $219K in stolen unemployment benefits

Ricardo Santiago, 32, of Union City was sentenced to prison for the theft of state funds.

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Unemployed Workers
Joe Raedle, Getty Images
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Understanding the taxation of unemployment benefits

Q. In February, my employment position changed and I took a severance package. I will be applying for unemployment at the end of May. My accountant recommended, if I qualify, that I have as much tax taken out as possible. What is the maximum amount of taxes I can have deducted?

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