From the Record:
New Jersey’s unemployment rate rose to 9.8 percent in September, the highest since 1977, state labor officials said today. The rate matched the national rate.
The number of jobs in the Garden State fell by 12,700, with 12,000 of the losses in the private sector.
“The latest national and state employment estimates show that New Jersey was not immune from the national trend,” said New Jersey Labor Commissioner David J. Socolow.
From the Star Ledger:
The New Jersey unemployment rate inched up from 9.7 percent to 9.8 percent in September, exactly tracking the national rate, the state labor department said today.
The state’s private sector lost 12,000 jobs from August to September, as well as 700 public sector jobs, according to an employment survey. Total nonfarm employment slipped to 3,917,700, down from 4,046,600 a year ago.
The private sector slip is a particular disappointment, because over the summer the private sector looked as if it were making small but steady gains since a May low of 3,279,800 jobs.
From the Philly Inquirer:
New Jersey’s unemployment rate continued to rise in September, hitting 9.8 percent of the workforce, the highest in 32 years.
At the same time, the number of state residents with jobs fell after two months of gains, the state Department of Labor and Workforce Development reported today.
The jobless rate was up from 9.6 percent in August and matched the national rate for September, the report showed. The state’s unemployment rate was last at 9.8 percent in April 1977.
In September, seven of New Jersey’s 10 industry sectors posted job losses – with the largest decline coming in construction (4,000 jobs), the department said. Even the health services/education sector, which typically increases employment month-to-month, lost 1,000 jobs in September.
Financial services gained 1,200 jobs last month, and leisure/hospitality was up 1,000, the state said. One sector, natural resources/mining, was unchanged.
The state’s total number of jobless people rose by 8,000 in September to 444,900.
Employment fell by 12,700 to 3,917,700.