Unemployment in New Jersey edges up to 5.2 percent

New Jersey’s economy shed 4,700 jobs in July and the unemployment rate ticked up for the fifth straight month to 5.2 percent from 5.1 percent.

The state Labor Department on Thursday also released figures showing June jobs figures have been revised downward by 4,200, for a monthly increase of 16,100 jobs.

The department said June was the best month for private sector job growth since February 1996.

Treasury Department chief economist James Wooster says the losses and revision show the economy is volatile. But he says the economy has had a net gain of 57,500 jobs over the past year.

The state rate is above the national level of 4.9 percent.

Health services and manufacturing saw the biggest gains in July while construction and business services had the biggest contractions.

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