Number of the Day: 8.7%

July 19, 2013 | Number of The Day
Unemployment Rate

New Jersey’s unemployment rate is 8.7 percent, still higher than most of the country (Illinois, Mississippi, North Carolina, Rhode Island, and Nevada are higher) but almost a full percentage point lower than last June, which was 9.6 percent.

The unemployment rate, which was released Thursday, saw an uptick in New Jersey of 0.1 percent from May’s numbers, but according to the Christie administration, that is typical for this time of year. That’s because June is the month new college graduates join the workforce.

The Christie administration is touting an increase in private employment this month of 4,600 jobs, but the vast majority are in leisure and hospitality — although the administration is boasting about an increase of more than 1,000 jobs each in the professional, financial, and health-services market. In May, the Christie administration touted an additional 15,400 jobs, primarily in those three markets, each with more than 4,000 new employees.