NJ job market improves, but gains are uneven
“Last April, our workers were in dire straits,” New Jersey Labor Commissioner Robert Asaro-Angelo said in testimony earlier this month to the Assembly Budget Committee. “The unemployment rate was 7.7%, and our workforce was barely half of its pre-pandemic levels. Today, the rate is down to 4.2% – lower than our neighboring states of Connecticut, New York, Massachusetts, and Pennsylvania,” Asaro-Angelo continued. “And we’ve recovered 96% of private sector jobs – slightly above the national average -and employers are hiring on every corner.”
