Contact Us

Positive Forecast for NJ Unemployment [AUDIO]

Even amidst some recent bad news, there’s a positive outlook for the future of unemployment in the state.

Unemployment line
Joe Raedle, Getty Images

Nationally, unemployment is at seven percent, largely in part to a slowly recovering economy. James Hughes, Rutgers economics professor and Dean of the Edward J. Bloustein Business School, says New Jersey could be on a similar track.

“We’ll see a steady decline in the unemployment rate, but we’re still probably going to lag the nation,” Hughes said.

Much of the hiring will be from the technical and professional services and health care sectors, according to Hughes, as well the transportation and warehousing industries.

“New Jersey is the third-largest warehouse distribution market in the country, and that has shown a lot of new construction recently,” Hughes said.

Hughes also acknowleged the importance of adding quality jobs to strengthen the economy.

“Technically, we’ve been adding a lot of wait staff jobs and low-paying jobs in the services,” Hughes said. “We have been creating high-paying jobs, but they’re still not the majority.”

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wobm.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!