Is NJ’s Unemployment Rate Improving?
New Jersey’s preliminary unemployment rate for February has fallen by two-tenths to 9.3 percent.
The U.S. Labor Department reports Thursday that state employers added 12,900 workers to their payrolls for the month. Higher employment levels were recorded in both the private and public sectors.
The state’s unemployment rate remains well above the federal rate of 7.7 percent.
The Christie administration’s chief economist, Charles Steindel, touted the jobs report as further evidence that jobs are being created in the state.
Jobs gains were posted in education and health services, information, leisure and hospitality, among others.
January’s jobs numbers were revised downward to show a loss of 2,200 jobs from December to January.