From the Record:
New Jersey added 2,600 jobs in April, a slight rebound from the March’s job losses, but unemployment remained high.
The state added 6,300 private sector jobs, and lost 3,700 government jobs, according to the monthly job reports by the New Jersey Department of Labor and Workforce Development.
The report also revised the March report to a loss of 3,700 – well below the previously reported loss of 8,600 jobs.
The unemployment rate increased from 9 percent to 9.1 percent, well above the national rate of 8.1 percent.
Charles Steindel, the Treasury’s chief economist, said the numbers are “consistent with continuing job growth.”
Although the jobless rate “edged up, it’s due to improvement in the labor market with New Jersey’s labor participation rate climbing to 66 percent,” Steindel said.
From the Star Ledger:
The job market in New Jersey inched forward in April, and dire numbers from March were revised upwards as the state continues its long, slow employment comeback.
Even as jobs were added, more people rejoined the workforce, lifting the unemployment rate by a tenth of a percent to 9.1 percent, a point above the national average of 8.1 percent.
“The number of New Jersey residents working is at a three-year high with over 71,000 private sector jobs added since February 2010,” said Charles Steindel, chief economist for the state Department of Treasury in a statement. “These numbers are consistent with continuing job growth…while the rate edged up, it’s due to improvement in the labor market with New Jersey’s labor participation rate climbing to 66 percent.
Around 6,300 private sector jobs were added, which offset 3,700 jobs lost in the public sector.
One piece of good news in the numbers: previous estimates for March that showed 8,600 jobs lost were revised to show a narrower monthly loss of 3,700 jobs.