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In December 2013, New Jersey’s unemployment rate dropped to 7.8 percent, as there were 16,900 new jobs created in November, according to the United States Bureau of Labor Statistics (BLS). This has been the largest monthly drop on record in the state. This has been the lowest unemployment level since January 2009. This seems to be a positive trend in both the private and public sectors. Out of the 16,900 jobs created in November 2013, 14,100 correspond to the private sector and 2,800 to the public. The biggest growth was experienced in the education and health services industries, followed by leisure and hospitality. However, a decrease was experienced in the construction and finance industries. All the growth in the public sector is due to job increases at the local government level.
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The trend continues in 2014 as unemployment rate held at 7.1 percent. In January, the private sector employment grew considerably higher than it was expected. The largest job gains belong to the trade, transportation and utilities industry. February 2014 reports 1,200 new jobs in the federal and local government sector.
In March 2014, more than 1,100 job-seekers attended the Job Fair hosted today by the Department of Labor and Workforce Development at the Newark Liberty International Airport. Participants are encouraged to contact Judy Formalarie (Talent Network Project Manager) at 609-984-4178 for additional information about New Jersey’s Talent Networks.
The Department of Labor and Workforce Development (LWD) is promoting a new program in 2014 to connect veterans with new job opportunities. They partnered with several sponsors, including the American Legion, the State Parole Board and Richard Stockton College. In the past few years, the LWD has hosted dozen of career fairs specifically target to aid veterans. Veterans seeking employment opportunities are encouraged to contact a veteran program. They can call at 609-777-1042 or email at Jobs4JerseyVets@dol.state.nj.us.