December 26, 2023 | newjerseymonitor.com
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New Jersey’s unemployment rose sharply in 2023, leaving economic experts wondering whether a rocky road is ahead in the new year.
The state unemployment rate climbed from 3.4% in January to 4.7% in November, according to the U.S. Bureau of Labor Statistics. November’s figure means New Jersey has the third-highest unemployment rate in the nation. Nationally, the unemployment rate was 3.7% in November, up just 0.3% since January.
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