New Jersey’s unemployment rate jumped to a 35-year high of 9.8 percent in July, the state Labor Department said.
The rate climbed from 9.6 percent in June and is above the national level of 8.3 percent, which also increased last month. New Jersey lost 12,000 jobs in July, with the largest drops in manufacturing, construction, and professional and business services, the department said in a statement today.
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