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-14,000

June 16, 2017

The Department of Labor and Workforce Development is right in trumpeting the good news: New Jersey’s unemployment rate remains at 4.1 percent, a 16-year low. The same press release tucked some less-happy news in the second paragraph, however: The private sector shed 14,000 jobs in May. The department reports that the private sectors that posted a loss in May include professional and business services (-9,000); trade, transportation, and utilities (-2,400); financial activities (-1,400); education and health services (-800); information (-500); and leisure and hospitality (-400).

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