From New Jersey Newsroom:
New Jersey’s unemployment rate in December dropped 0.1 percent to 9 percent, the lowest jobless rate in the state since May 2009, 31 months ago.
And while the state’s unemployment rate has declined in four of the last five months, that is not welcome news to the 7,200 New Jerseyans who lost their jobs in the private sector. Another 7,300 people found work, including 2,400 who obtained public employment, mainly in municipal and county governments.
Job losses occurred in construction 2,800, manufacturing 200, trade, transportation and utilities 4,100, and leisure and hospitality 100. Job gains were made in financial activities 1,800, professional and business services 1,500, other services 1,300, and education and health services 300.
The number of New Jerseyans who had jobs at the end of last month was 3,881,100. Another 410,700 are unemployed.
“The numbers show that 2011 was the best year for private sector job growth since the year 2000,” state Chief Economist Charles Steindel said. “We still have a long way to go to get back close to full employment, but it’s evident we are going in the right direction.”
From the Record:
New Jersey added just 400 jobs in December and unemployment fell slightly in a weak finish to a year in which the state added a relatively healthy 39,400 private sector jobs.
The state lost 2,000 private sector jobs and added 2,400 government jobs, according to the monthly jobs report by the Department of Labor and Workforce Development.
Unemployment, fell from 9.1 percent to 9 percent, leaving it still above the national rate of 8.5 percent.
For the year, the state added a total of 36,400 jobs, losing 3,000 government positions.
The report also revised downwards the previously released figures for November, reporting 10,000 jobs added, instead of 10,300.