The average length of time Americans spent unemployed in January dropped by nearly three weeks, but not for the reason you may think. It is likely because many people ran out of unemployment benefits and stopped looking for work.
The number of Americans seeking unemployment aid fell last week to the lowest level in five years, evidence that employers are cutting fewer jobs and may step up hiring.
The U.N. labor agency warns that the lingering effects of the global economic crisis means unemployment will continue to rise -- even though world economies are expected to pick up.
The good news is 30,900 private sector jobs were created last month in the Garden State. The bad news is the unemployment rate only ticked down a tenth of one percent - from 9.7 to 9.6 percent. So what's going on?
The New Jersey unemployment rate ticked down a tenth of a percent last month – from 9.7 to 9.6 percent - but state Labor Commissioner Hal Wirths says the new numbers are actually a very positive sign.
New Jersey is reporting a big jump in private sector employment in December — the largest single monthly gain since the government began tracking nonfarm employment in 1990.
Governor Chris Christie toured a restoration project in Bradley Beach today, where workers were hired through a National Emergency Grant from the federal government.