TRENTON, N.J. (CBSNewYork/AP) – For the fourth consecutive month, New Jersey’s jobless rate has dropped.
The state Labor Department said Thursday that unemployment stood at 8.6 percent in May, a tenth of a percentage point lower than a month earlier.READ MORE: Subway, Transit Hub COVID Vaccine Pop-Up Sites Target Commuters As FDA Approves Pfizer Vaccine For Children 12-15
Preliminary data show the state added 14,300 jobs.
Job gains in April, however, were not as good as first estimated.READ MORE: After More Than A Year, The Show Must Go On: More Broadway Shows Announce Plans To Resume Performances
The Labor Department says more complete data show New Jersey added only 900 nonfarm jobs in April, not 3,300 as had been initially calculated.
Despite a drop in the unemployment rate for four straight months, the state’s jobless figure stands 1 percentage point higher than the national average. However, that represents an improvement. The state rate had been running closer to 2 percentage points higher than the U.S. average.
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