From the Record:
New Jersey added 8,100 jobs in March, and the jobless rate declined to 9 percent, the monthly jobs report released today shows.
The state added 10,400 private jobs, and lost 2,300 government jobs, according to the New Jersey Department of Labor and Workforce Development.
The jobless rate, falling to 9 percent from 9.3 percent in February, remained well above the national rate of 7.6 percent.
The leisure and hospitality sector gained the most jobs, adding 5,500, followed by education and health services, which rose 4,000, and manufacturing, which added 2,900.
The information sector shed 2,000 jobs, and the professional and business services sector lost 1,100.
The report also reduced by 3,500 the previously reported gain of 12,900 jobs in February, to 9,400 jobs.
New Jersey’s unemployment rate fell .3 percent for March to 9 percent, still higher than the national figure but the lowest it’s been in a year.
Private sector employment was up by 10,400 jobs over February, according to the data released Thursday by the state’s Labor Department and based on a survey by the U.S. Bureau of Labor Statistic. The hospitality industry led the way, adding more than 6,000 jobs in March.
But the main reason the unemployment rate dropped was that fewer who don’t have jobs were looking for them.
According to seasonally adjusted numbers, there were 4.6 million New Jersey residents who either had jobs or were seeking them in March, down by about 20,000 from the month before.
The state’s unemployment rate remains nearly 1.5 points higher than the national rate of 7.6 percent for March.
But it’s the lowest the rate has been in New Jersey since the first three months of 2012. The rate has not been below the 9 percent mark since May 2009.