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Unemployment rate down; state sees moderate job growth

by on
in Small Business Tax Deduction Strategies

New Jersey businesses added 3,000 jobs in September, lowering the unemployment rate to 5.2 percent. Still, that rate is 0.6 percent higher than the national rate of 4.6 percent.

The biggest gains came in trade, transportation and utilities, which added 1,100 jobs, followed by the education and health sectors. Government payrolls swelled by 900 workers. Financial and insurance segments gained 700 jobs. Job growth was relatively flat in construction and professional/ business services.

The state saw job losses in manufacturing, leisure and hospitality, and the information sector.  

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