Unemployment rate down to 4.2 percent, but still higher than the nation’s 3.6% Jobs recovered now approaching 2020 pre-pandemic peak Labor force lower than at any time since Nov. 2020 as participation continues to sag On April 14th, New Jersey’s…

Despite strong growth to end the year, NJ significantly lagged U.S. growth rate in 2021 Quarterly and annual growth place state in the middle of the pack Size of state’s economy passes $700 billion milestone, 7th largest in U.S. Economic…

 NJ’s 4.6% Unemployment rate remains above 3.8% U.S. average 0.5% drop in Unemployment driven by a decline in the labor force 17,700 persons left NJ workforce while U.S. added 304,000 workers NJ added 25,900 jobs, with gains reported in most…

NJ personal income declines by 0.6% while U.S. grows +2.4% in Q4 New Jersey decline ranked 40th in the nation to end 2021 Weakness reflected sharp drop in government transfer payments; earnings of workers and businesses rose briskly Full year…

With revisions, Unemployment falls to 5.2%, still well above 4.0% national average State ties with Nevada for 8th highest jobless rate, while comparable to neighboring Northeastern states January’s increase in jobs was the 14th straight, and there was a noticeable…

NJ’s December’s 6.3% Unemployment rate 3rd highest in U.S. and remains well above 3.9% U.S. average NJ’s Unemployment rate is highest among neighboring states and in Mid Atlantic region While December 2020-December 2021 set a new record for job increases,…

3.7% rate of growth ranked 4th in U.S. Growth in technical and support services were notable MORRISTOWN, NJ - On December 23rd, the United States Bureau of Economic Analysis issued its report on the Gross Domestic Product (GDP) by State…