N.J. unemployment figures arriving this week
Will New Jersey’s unemployment rate finally be going down, or could it hit 10 percent?
Those questions will be answered Thursday when officials release the state’s employment report for August.
The rate hit 9.8 percent in July, the highest for the state in 35 years. That came as two months of strong private-sector job growth skidded to a halt.
In May and June, the state was adding private-sector jobs but the unemployment rate still rose as more people looked for jobs.
New Jersey’s unemployment rate has been at or above 9 percent for 38 months in a row.
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