Unemployment rate fell to 4.9%--first time under 5% since January 2025. 5,800 increase in jobs. The news on New Jersey’s labor market was rather better in March. The state’s unemployment rate fell from 5.1% to 4.9%. That is still higher…

Job count fell 10,300 in February, more than offsetting December and January increases. Unemployment rate dipped to 5.1% due to a drop in the labor force.  February was a fairly bleak month for New Jersey’s labor market. The number of…

Q4 growth in both GDP and Personal Income better than the nation’s, though gains in both lagged for 2025 as a whole. Q4 performance distorted by the federal shutdown. Despite our sluggish growth, the state is now a $900 billion…

Unemployment rate edged down to 5.2% in January; job count up more than 10,000 the last two months. Estimates of the state’s unemployment rate last year were boosted, and the job count numbers for the second half of the year…

Real GDP growth rate of 3.4% well under national pace of 4.4% and most neighbors. Personal income growth rate 3.0% also under the nation’s 3.3%. The delayed information on 20225 third-quarter state GDP and personal income showed that New Jersey’s…

State’s unemployment rate unchanged at 5.4% Job increase of 5,700 brought the count to a new peak. New Jersey’s labor market numbers were mixed in December. The unemployment rate remained 5.4%, a full point higher than the nation’s 4.4%, and…

November’s 5.4% unemployment rate second highest in the nation. October-November 5,300 job loss eliminated about half of September’s increase. One bit of good news: New Jersey’s job count is likely understated. The combined October-November labor market report for New Jersey…