More New Jersey residents found jobs in March as the unemployment rate dropped to 9 percent, down by 0.3 percentage points from February. Preliminary monthly data from the United State Bureau of Labor Statistics finds that private sector employees in the Garden State added 10,400 workers during the month.
U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring. The slowdown is a reminder that the job market's path back to full health will be uneven.
New Jersey's jobless rate now stands at 9.3 percent, which is much higher than most other states, and if it does not start dropping significantly, it could soon become a focal point in this year's gubernatorial campaign.
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