TRENTON – Gov. Phil Murphy announced July 18 that New Jersey’s unemployment rate declined to a historic low of 3.5% in June – its lowest level since state-level records began being kept 43 years ago.
New Jersey’s unemployment rate also fell below the national unemployment rate of 3.7%.
According to a release, the preliminary unemployment numbers for June, released July 18 by the New Jersey Department of Labor and Workforce Development, show total nonfarm wage and salary employment in the state increasing by 10,200 in June to reach a seasonally adjusted level of 4,204,600.
Gains were realized in both the private and public sectors of the state’s economy.
“Today, New Jersey is working for more families and more families are working,” stated Murphy. “Today’s news that New Jersey’s unemployment rate has fallen to its lowest level in recorded history shows, clearly, that our efforts to grow our economy the right way are paying real dividends. From creating good-paying jobs to making health care more affordable and accessible to expanding access to education from pre-K through an associate’s degree, we’re focused on building an economy that works for every New Jersey family. Today, we can say confidently that New Jersey is moving in the right direction.”
West Cape May – The amount of TV shows airing is getting out of hand. Less movies are being produced today than ever before. Instead, people are glued to watching shows that most people never heard of.
