Business Report: NJ's unemployment rate is 3.9%

New Jersey’s economy is still churning out jobs. New federal estimates released by the state Department of Labor & Workforce Development show New Jersey’s unemployment rate fell to 3.9% in May. New Jersey’s labor market has nearly been made whole since the terrible job losses during the height of the pandemic in 2020; the state has recovered 96% of all the jobs lost due to COVID-19.

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NJ Spotlight News with Briana Vannozzi is a week-nightly news program on NJ PBS covering local New Jersey news as well as a multi-platform, local information source for New Jersey.

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#NJ_Chamber_of_Commerce #NJ_Labor_Department #New_Jersey_Business_&_Industry_Association #New_Jersey’s_unemployment #Tom_Bracken #economy #inflation #interest_rate #wall_street

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