From the Record:
New Jersey’s economic picture darkened further in July as the state lost 13,600 jobs and revised figures showed that the job loss for June was even worse than previously reported.
The state lost 12,300 private sector jobs and 1,300 government jobs in July, according to the monthly employment report by the New Jersey Department of Labor and Workforce Development.
The report also revised the June figures downwards, changing the previously announced loss of 7,400 jobs to one of 12,500. The state has now lost 26,100 jobs in two months, reversing most of the gains in the early part of the year. The state has now added just 3,700 jobs in 2015.
The one bright spot was the unemployment rate, which fell from 6.1 percent to 5.9 percent, although that was largely driven by people leaving the workforce, rather than finding jobs, the figures show.
The biggest July losses came in the leisure and hospitality sector, which lost 7,400 jobs, and the professional and business services sector, which lost 5,200 jobs. The financial activities sector lost 2,700 jobs.
The biggest gain came in the trade, transportation and utilities sector, which added 4,300 jobs, and the education and health services sector, which added 300 jobs.