NJ unemployment ticks down to 9.8

From the Star Ledger:

N.J. unemployment rate falls to 9.8 percent

New Jersey’s unemployment dropped a tick in September, going from 9.9 percent to 9.8 percent, according to figures released this morning by the state Labor Department.

The slight drop comes as the state also shed 1,200 jobs, marking the the third time in the past 13 months the state has lost jobs, figures show. Last month, the private sector added 1,100 jobs but that was offset 2,300 losses in public sector, figures show. The U.S. unemployment rate saw a larger decrease last month, going from 8.1 percent to 7.8 percent.

“While New Jersey’s job market in September still showed the effect of the summer doldrums apparent in the national figures these last few months, there are positive signs,” said Charles Steindel, Chief Economist for the New Jersey Department of Treasury. “Our long-term uptrend in private sector employment continues and September’s dip in unemployment might be a sign that the situation will be getting better.”

The new figures also mark the 39th consecutive month the state has had an unemployment rate above 9 percent and does little to beat back a string of disappointing economic news for Gov. Chris Christie. The economic slide began in January, when the unemployment rate bottomed out at 9 percent and Christie declared a “Jersey Comeback.”

This entry was posted in Economics, New Jersey Real Estate, Politics. Bookmark the permalink.

88 Responses to NJ unemployment ticks down to 9.8

  1. chicagofinance says:

    Anyone have access to Thomson Reuters M&A league tables?

  2. Mike says:

    Good Afternoon New Jersey

  3. grim says:

    Little grimette arrived yesterday!

  4. Comrade Nom Deplume in PA says:

    Someone at Google just got fired via email.

  5. Comrade Nom Deplume in PA says:

    Grim, congrats. Welcome to the fraternity.

    Details? We can wait for art.

  6. relo says:

    Grim,

    Congrats and best wishes.

  7. Juice Box says:

    Congrats Grim and family, now the real fun begins!
    Just curious were you aiming for 10/11/12 ?

  8. Painhrtz - 42 says:

    Grim congrats, now we won’t be surprised to see posts at 145 AM. Word of advise after leaving hospital go to Liquor store buy six pack, drink, go to bed. It will be the last good night you get for a long time ; )

  9. yome says:

    Congratulations to the Grim Family!

  10. Ragnar says:

    Christie declared a Jersey comeback? Or did he mean he was ready to pull out and come on your back? Does Christie still pay any notice to rampant corruption, regulation, taxation, and spending still driving NJ to near the bottom of the state lists, or is he still taking his victory lap, relating to his first year accomplishments, around the country?

  11. Age says:

    Aww, hearty congratulations Grim to you and your wife! What an exciting time for you both. Best wishes and we will all look forward to see the positive impact little grimette makes in this complex world.

  12. Afe says:

    That’s from AFE not “age” – although maybe its showing!

  13. brooklyn_hawk says:

    #5 Congrats, Grim!

    BTW, I know Grim and some others are cyclists on this board…

    Hampton man pleads guilty to causing accident between car, 4 bicyclists

    HAMPTON — Lisa Thomas was the first one to get hit. The next victim was a friend of hers who was riding just ahead. And then a third one was hit. Then a fourth.

    http://www.nj.com/sussex-county/index.ssf/2012/10/hampton_man_pleads_guilty_to_causing_collision_between_car_4_bicyclists.html

  14. raging bull jj says:

    Justice for all. The driver gets arrested and the four idiots on a selfish 80 mile bike ride on Easter Sunday instead of being in church or with family got the lords wrath. Hopefully next Easter they are smart enough to be in church, easter egg hunting or with family. Next time God might send a bigger car.

    brooklyn_hawk says:
    October 18, 2012 at 1:37 pm
    #5 Congrats, Grim!

    BTW, I know Grim and some others are cyclists on this board…

    Hampton man pleads guilty to causing accident between car, 4 bicyclists

    HAMPTON — Lisa Thomas was the first one to get hit. The next victim was a friend of hers who was riding just ahead. And then a third one was hit. Then a fourth.

    http://www.nj.com/sussex-county/index.ssf/2012/10/hampton_man_pleads_guilty_to_causing_collision_between_car_4_bicyclists.html

  15. Ernest Money says:

    Welcome to the grimette!

  16. chicagofinance says:

    grim: congrats!

  17. chicagofinance says:

    I MADE THE CALL….

    chicagofinance says:
    October 18, 2012 at 9:06 am
    is this the day for grim?

  18. chicagofinance says:

    the reason for the delayed headline…not the timing….

  19. Mike says:

    Congrats Grim

  20. chicagofinance says:

    Unsolicited advice…..just stay out of the way unless Jayne asks….if you want to be helpful, do the things that you know are important to her to get done around the house, and she has no time, energy, or frankly brain bandwidth, to do. Especially do stuff that you hate with a passion, that she knows you hate, and she wants done. Don’t expect a thank you. The fact that she doesn’t murder you in your sleep is her way of saying thank you at this juncture. Also, tell all family on both sides to fcuk off unless asked…..

    grimette? girl?…..if so, buy a shotgun….

  21. The Original NJ ExPat says:

    grim: congrats to you and yours.
    Stroller advice: It’s all about weight, not features. Go aluminum.

  22. prtraders says:

    Congrats Grim. Fatherhood is awesome. Try to avoid changing that first diaper as long as possible. Once you do one, your all in on the less pleasant side of being a new Dad.

  23. The Original NJ ExPat says:

    One of my friends from work gave me the most valuable advice, but it’s only usable before the baby is born. He told me:

    “You’re going to be at the hospital a long time. Your wife won’t be allowed to eat, but you are. If you get hungry go get something to eat, but whatever you do, DO NOT LET HER SEE YOU EATING ANYTHING! I’ve been hearing about the same sandwich for 20 years now.”

  24. Comrade Nom Deplume in PA says:

    [24] prtraders,

    Whaaaa???? Changing diapers is an absolute joy compared to what he has waiting for him in a few years.

  25. Comrade Nom Deplume in PA says:

    [23] grim,

    yard sales, craigslist, family. Remember, you don’t buy baby and kid stuff, you just rent it.

  26. Comrade Nom Deplume in PA says:

    And do NOT get sucked into paying hundreds or thousands of bucks for things like trendy strollers. The kid doesn’t care and anyone who does care isn’t someone I want to know.

  27. Juice Box says:

    Grim – be sure to bite your tongue no matter what is said and kill her with as much kindness you can muster, even at 4 AM. Think of your new job now is to be Nurse Grim a modern male version of Florence Nightingale. Do not under any circumstances make any kind of comment even in jest about her boobs unless you want to get stabbed. Last but not least break out the Laphroaig and drink all of it tonight before she comes home.

  28. Anon E. Moose says:

    Pain [10];

    Great quote:

    Vicky: You know, maybe we shouldn’t drink while the kids live here.
    Dave: Come on, Vicky, we drink *because* the kids live here.

    http://www.imdb.com/title/tt0460692/quotes?qt=qt0143109

  29. Statler Waldorf says:

    Congratulations James!

  30. The Original NJ ExPat says:

    Dave: What happened to our stash?
    Vicky: *Our stash*? Since when do we have a stash?
    Dave: You know…
    Vicky: No. I thought we decided to be more responsible, and you were gonna get rid of the pot.
    Dave: I am getting rid of it. Little by little.

  31. Anon E. Moose says:

    ChiFi [19];

    I MADE THE CALL….

    You win the Cupie doll. ;-)

  32. Statler Waldorf says:

    Isn’t the Internet wonderful? It prevents so many things from falling down the memory hole. Note the date, September 20th.

    http://www.nytimes.com/2012/09/21/world/middleeast/assault-on-consulate-in-libya-a-terrorist-attack-white-house-says.html

    Libya Envoy’s Killing Was a Terrorist Attack, the White House Says

    By HELENE COOPER

    September 20, 2012

    WASHINGTON — The White House is now calling the assault on the American diplomatic facility in Benghazi, Libya, a “terrorist attack.”

    “It is self-evident that what happened in Benghazi was a terrorist attack,” the White House press secretary, Jay Carney, told reporters aboard Air Force One on Thursday. ” Our embassy was attacked violently and the result was four deaths of American officials.”

    Until now, White House officials have not used that language in describing the assault. But with the election less than two months away and President Obama’s record on national security a campaign issue, they have come under criticism from Republican lawmakers who say the administration is playing down a threat for which it was unprepared.

    Mr. Carney offered the new assessment in response to a question about remarks by Matthew G. Olsen, director of the National Counterterrorism Center, who told a Congressional committee Wednesday that J. Christopher Stevens, the United States ambassador to Libya, and three other Americans had died “in the course of a terrorist attack.”

    In a highly charged political atmosphere, the mere use of the term “terrorist” is loaded, not least, as one administration official acknowledged privately, because the phrase conjures up an image of America under attack, something the White House wants to avoid.

    A version of this article appeared in print on September 21, 2012, on page A8 of the New York edition with the headline:

    U.S. Shifts Language On Assault In Benghazi.

  33. NJGator says:

    Congratulations Grim!

  34. raging bull jj says:

    Congrats Grim. Or as my Motherinlaw told me at hospital, congratulations now when are you planning on starting on the the next one.

  35. njescapee says:

    Congratulations and best wishes to mr. and mrs. grim.

  36. Brian says:

    Congrats. Now that there are a lot of parents on the board of small children, we can all look forward to more blogging at 3AM.

    5.grim says:
    October 18, 2012 at 1:18 pm
    Little grimette arrived yesterday!

  37. Ragnar says:

    Congratulations Grim!
    We only have one, now 10. You may as well plan on getting this one a playmate and/or babysitter. Too late for us now.

  38. chicagofinance says:

    OK – I’m putting the past behind us…..you are ok….

    Juice Box says:
    October 18, 2012 at 2:26 pm
    Grim – be sure to bite your tongue no matter what is said and kill her with as much kindness you can muster, even at 4 AM. Think of your new job now is to be Nurse Grim a modern male version of Florence Nightingale. Do not under any circumstances make any kind of comment even in jest about her boobs unless you want to get stabbed. Last but not least break out the Laphroaig and drink all of it tonight before she comes home.

  39. chicagofinance says:

    Truly awesome gift for Yankees fans…
    http://www.babygenius.com/toys/2years/broom-tempo

  40. The Original NJ ExPat says:

    I agree. This is a board of small children.

    Congrats. Now that there are a lot of parents on the board of small children, we can all look forward to more blogging at 3AM.

  41. The Original NJ ExPat says:

    That comment should be in mod:-(
    Truly awesome gift for Yankees fans…

  42. Comrade Nom Deplume in PA says:

    [41] chifi,

    Now THAT is some hope and change I can get behind.

  43. The Original NJ ExPat says:

    JJ (from previous thread) – I think it’s like a PTA, but more blue-ribbony.

    What is PTO?

  44. Comrade Nom Deplume in PA says:

    Second Circuit drops a legal bomb. This one is gonna cause aftershocks. Details to follow.

  45. Juice Box says:

    ExPat some of the most interesting people I have met are 40 and 50 year old children.

  46. The Original NJ ExPat says:

    [47] Juice – One of my favorite podcasts comes out every Thursday, it’s titled The 40 year old Boy

  47. The Original NJ ExPat says:

    We have some breaking news out of New York: The U.S. Court of Appeals for the Second Circuit has ruled on Windsor v. the United States, a case challenging Section 3 of the Defense of Marriage Act, and found a federal definition of marriage as one man and one woman violates the U.S. Constitution.

    Read more: http://www.towleroad.com/2012/10/breaking-second-circuit-court-finds-section-3-of-doma-unconstitutional.html#ixzz29gGvdBJ6

  48. Anon E. Moose says:

    ExPat [45];

    “PTA®” is owned by a the National PTA Association. In order to have a “PTA®” chapter, one must pay tribute. Kind of like kicking some money upstairs to Paulie, and you get about as much for it. So, most schools now have a PTO — Organization vice Association.

  49. All Hype - Mr. Oil, Mr. Gas, Mr. Coal says:

    Congrads Grim! Best of luck to you and the wife!

  50. homeboken says:

    Grim congrats. Twelve pounds or twelve weeks, once they hit that, the sleep starts to come in larger chunks. At least that worked for my little guy.

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  52. Painhrtz - 42 says:

    hah both of mine have been sleeping consistently since 3 months.So no late night blogging for me. Have avoided bath time that just looks dangerous they are slippery little suckers. almost eight months old now so time does fly. You do sleep again.

    : )

  53. Jill says:

    Sorry to break in on this sausagefest here, but this childfree double-X chromosome person says “Congratulations!” to Grim, Mrs. Grim, and the little Grim fairytale princess.

  54. Essex says:

    Best to Grim and family.

  55. raging bull jj says:

    Lucky for me I dont need sleep. I am 24/7 always on. took my first baby nightclubbing when she was three days old.

    Actually I was not home much after birth of first three kids. Kid one I was up for promotion in a demanding job and my wife despearately did not want to return to work. I took three days off and back to 14 hour work days. I did the nightly feedings just cause I am good with no sleep. Baby two I was also up for promotion and it was after 9/11, my choices was get fired, work hard, work harder. I took two days off and back to 16 hour days. Baby 3, I had a cushy job and was prepared to take time off. Wife ended up on bed rest for 3 months with me stuck with a full time job and two little kids to deal with and no help. I burnt through my time and good will by leaving at 4pm for a few weeks. Day that kid was born handed her off and got back to work.

    Really kids dont even know if you are around from year 1-3 anyhow. I got really lucky cause by the time my oldest was 6 I got a cushy job and honestly my two oldest kids who were six and 4 at the time I got the cushy job dont even recall I used to travel on business trips 10-15 times a year and used to catch the 6:18 train to work and come home on the 8:30 pm train. Monday to Friday I only saw them sleeping.

    So Grim get busy. I believe a newborn is a ticking time bomb. Your expenses are going to shoot up, spouses who claim they will keep wanting to work will quit on you and you have till kid is around six before all the activities kick in. Basically you have between today and October 2017 to get 200K worth of raises.

    Painhrtz – 42 says:
    October 18, 2012 at 4:30 pm
    hah both of mine have been sleeping consistently since 3 months.So no late night blogging for me. Have avoided bath time that just looks dangerous they are slippery little suckers. almost eight months old now so time does fly. You do sleep again.

    : )

  56. Jim says:

    Congrads Jim! Your life will really change now… but it is for the better!

  57. Essex says:

    Google did whaaaaat??

  58. The Original NJ ExPat says:

    [50] Moose – like I said, more blue-ribbony. Kicking money upstairs is working class, in your home town. Where you work, it actually IS blue-ribbony TO kick money upstairs.

    “PTA®” is owned by a the National PTA Association. In order to have a “PTA®” chapter, one must pay tribute. Kind of like kicking some money upstairs to Paulie, and you get about as much for it. So, most schools now have a PTO — Organization vice Association.

  59. The Original NJ ExPat says:

    [57] JJ – And because you have lactating man-b00bs.

    I did the nightly feedings just cause I am good with no sleep.

  60. The Original NJ ExPat says:

    [57] Buzzzzz! – wrong answer. After age 3 they don’t know if you are around as they are full up with school and shortly thereafter sports and extra-curriculars. My kids were in school (not day care, actual public school) 7:30-5 starting when they were 3. If you don’t spend tons of time with your kids before age 3 you’re probably shut out until they’re teenage and hate you. My wife’s dad was a hard charging Wall Streeter, ended up President of a Fed Funds brokerage firm and retired handsomely at age 42. By that time my wife and her younger sister were teenagers and didn’t want anything to do with him. Further, her house was the un-cool house to hang out at because both her parents were home *all* the time.

    Really kids dont even know if you are around from year 1-3 anyhow.

  61. gryffindor says:

    Aw, congrats grim! I love all the baby advice. Sounds practical, just like the real estate advice from the group. Making mental notes for possible future small children.

  62. Comrade Nom Deplume in PA says:

    [49] expat,

    That isn’t even the bombshell part. In this case, the court didn’t merely affirm the lower court; it decided that gay is now a “quasi-suspect class” and applied heightened scrutiny (the lower court applied the lower standard of rational basis).

    So the appeals court made law on a question that I don’t think was before it, and created a new class of persons entitled to special protection.

  63. Comrade Nom Deplume in PA says:

    [60] sx,

    Google is blaming RR Donnelly. That’s good news for libtard; his fingers aren’t fat.

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  65. Mike says:

    How many unemployment “ticks” = 1000 Roche employees being walked out Oct. 27 Stay tuned

  66. Mikewaited says:

    Grim, congrats! Night feedings ha! don’t even sweat it, now when they start driving then you got trouble. In between are some of the best years of your life. Ah yes I remember it well………………..
    Nom 26 as I recall yours are on the young side, you ain’t seen nothing yet. Not to worry the gray hair will make you look distinguished.

  67. Mikewaited says:

    It would seem clot/meat/Ernest has not made any references to the end of days in honor of the occasion.

  68. The Original NJ ExPat says:

    [71] Mike – LOL. When my oldest was born in 2002 my office manager told me, “In the blink of an eye she’ll be wrecking your car.”

  69. Sima says:

    Congrats Grim!
    Try to really enjoy these years because they’ll pass in a flash.
    There is nothing as sweet as a child’s unconditional love.

  70. Mikewaited says:

    74 Expat my oldest is on car 5 at 23!

  71. Ben says:

    congrats grim,

    don’t let the sleep horror stories scare you. It will be over before you realize. I sleep more now with my son being 8 months old than I did 2 years ago. Little guy sleeps 12 hrs a night. Word of advice, get the liner bottles. Fastest to heat up safely. I still use them.

    Other thing is, with the powdered formula, we just buy the bottled water at BJ’s. 8 scoops match 1 bottle of poland spring and we store the formula in the fridge in the poland spring bottles. Make all the formula in the morning.

  72. cobbler says:

    Grim, congratulations to you and Mrs. – and good luck!

  73. NJCoast says:

    Best wishes to the Grim Family.

  74. Essex says:

    70. Longtime in the works. Sucks. But who knows with Merck coming the Summit perhaps some can land there.

  75. The Original NJ ExPat says:

    [65] Nom – So is this a pre-election draw play?

    So the appeals court made law on a question that I don’t think was before it, and created a new class of persons entitled to special protection.

  76. The Original NJ ExPat says:

    [76] Mike – How irresponsible. By age 23 I had never put one of my own cars permanently out of commission. OTOH, I can think of at least one friend who wished he never handed me the keys. Actually he didn’t. We had similar jackets and as we walked out to the car to make a liquor store run(ran out of Kamikaze ingredients) at Rutgers we realized we had donned each other’s jackets. He said, “Where are my keys”, and I reached into my (his) jacket and found them. Apparently Pontiac Le Mans, despite the name, don’t handle the same as Fiats at high speed on curved bridges spanning the Raritan River.
    74 Expat my oldest is on car 5 at 23!

  77. 30 year realtor says:

    Congratulations Grim. All the best…

  78. Ernest Money says:

    One day closer to oblivion. Except for grimette.

  79. Essex says:

    Pity poor Rajat Gupta. The former managing director of McKinsey Consulting and member of the board of directors of Goldman Sachs was convicted in June on charges of insider trading. Prosecutors are seeking a sentence of eight to 10 years. But Gupta’s lawyers are arguing that the mere fact of Gupta’s fall from grace is punishment enough!

    From the New York Times:

    Mr. Gupta’s lawyers argue that a lengthy prison term is unnecessary because Mr. Gupta has already paid a terrible price. They said that his reputation is in tatters given the intense media attention surrounding his trial. “This is the quintessential case of a monumental fall that is, in and of itself, severe punishment,” said the defense.

    Most people convicted of crimes find their reputation in tatters. But only a few have access to lawyers bold enough to argue that this distressing change in status should constitute a get-out-of-jail-free card. Chalk it up as just one more piece of evidence proving that the wealthiest Americans simply don’t believe the rules apply to them.

  80. Statler Waldorf says:

    This is definitely false.

    “Actually I was not home much after birth of first three kids. … Really kids don’t even know if you are around from year 1-3 anyhow.”

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