Business Report: NJ down 6K jobs in September

Top Business Stories

  • Preliminary data shows New Jersey lost 6,300 jobs in September
  • South Jersey Gas customers will see higher bills starting Nov. 1
  • BPU approves a rate decrease for New Jersey Natural Gas

Companies in the health care and education industries were staffing up in New Jersey in September.  Those two industries added 4,200 new workers last month and that was one bright spot in an otherwise bleak report on the employment picture in New Jersey.  The state department of Labor & Workforce Development says preliminary data from the federal government shows the New Jersey economy lost 6,300 jobs last month.  A report released by Roseland-based ADP earlier this month also showed fewer jobs were created in September. The government data did show that more jobs were added to the New Jersey economy in August than first reported, but not enough to counter the employment losses in September.

Starting November 1, your gas bills will go either up or down depending on your utility company.  The New Jersey Board of Public Utilities approved a rate increase for customers of South Jersey Gas.  The typical residential gas customer will see monthly bills increase by close to $15. South Jersey Gas says even with the increase, annual customer bills are still lower than they were 10 years ago due to lower wholesale gas prices. Customers of New Jersey Natural Gas will see their rates decrease by a little more than a dollar a month, after a rate decrease was approved by the BPU.

On Wall Street, stocks were little changed in afternoon trading, although the Dow Industrial Average, S&P 500 Index and Nasdaq Composite Index traded in record territory earlier in the session.

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