NJ Jobless Rate At Four Year Low
By Phil Gregory, WBGO News
Trenton. May 16, 2013
Unemployment in New Jersey is now at a four-year low.
Labor Commissioner Hal Wirths says employers in the Garden State added 3,300 jobs in April.
“The unemployment rate dropped to 8.7 percent and that point-six drop in the last two months is the biggest drop since 1977. So we’re definitely improving very nicely here.”
Wirths says he’s encouraged by the decline in the jobless rate.
“I think people are feeling good about the business prospects in New Jersey, and I think more pro-business projects that have been going forward are taking hold. Also look at the national economy. As the national economy improves all the states get an improvement.”
Education, health services, leisure and hospitality industries showed the biggest job gains last month, while manufacturing and construction employment fell.
New Jersey has recovered about half the number of jobs lost during the recession.
Democratic gubernatorial candidate Barbara Buono says there’s much more to do.
"Governor Christie's economy boasts an unemployment rate that is a point above the national average, declining wages and 400,000 people still looking for work. It's time for leadership that focuses on helping working and middle class families.”
© 2013 WBGO News
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