Here's some more good news about our state: The Bureau of Labor Statistics reported that New Jersey's unemployment rate dropped by 0.7 percent from July 2018 to July, falling from 4.0 percent to 3.3 percent. That's the largest drop for any of the 50 states over the past year.
New Jersey's current unemployment rate is the lowest for the state since these figures were first compiled, back in 1976. We were also one of only six states that saw the jobless rate decline in July of this year.
All told, there are currently 4.202 million employed persons in New Jersey, according to the BLS. That's up from 4.154 million jobs in the state a year ago.
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