|
Re: Jersey City unemployment reduction outpacing state, nation
|
||||
|---|---|---|---|---|
|
Home away from home
 
|
In fate has always hinged on the fate of NYC. When the stock market crashed property values decreased in JC and it contributed to unemployment.
Posted on: 2015/2/11 15:51
|
|||
|
||||
|
Re: Jersey City unemployment reduction outpacing state, nation
|
||||
|---|---|---|---|---|
|
Home away from home
|
Quote:
What do you expect?! It's the Jersey Journal. Maybe the author is a graduate of the JC public school system and statistics and math are not his forte? But, in all seriousness, I see people make that mistake often, comparing numbers or percentages in relation to each other as if the relative relationship was a matter of basic algebra.
Posted on: 2015/2/11 14:55
|
|||
|
||||
|
Re: Jersey City unemployment reduction outpacing state, nation
|
||||
|---|---|---|---|---|
|
Home away from home
Joined:
2014/12/21 14:43 Last Login : 2015/11/15 0:07 From Harsimus Cove
Group:
Registered Users
Posts:
399
 |
When something goes from 10.6% to 6.5% isn't that approximately a 40% reduction?
Posted on: 2015/2/11 14:07
|
|||
|
||||
|
Jersey City unemployment reduction outpacing state, nation
|
||||
|---|---|---|---|---|
|
Home away from home
|
Jersey City unemployment reduction outpacing state, nationBy February 11, 2015 at 3:01 AM New Jersey's second largest city continues to outpace the county, state and nation in reducing unemployment, U.S. Bureau of Labor statistics indicate. Jersey City Mayor Steve Fulop is touting a 4.1 percent reduction in unemployment since he took office July 1, 2013. The city's unemployment rate at the time was 10.6 percent, but is now down to 6.5 percent -- the most dramatic drop in Hudson County over that time period -- according to preliminary Bureau of Labor data from December 2014. "We had a plan when we took office and we have put a great deal of focus on job creation. This is strong independent validation that we are doing it better than anyone," Fulop said in a statement. The statistics, which were released last week by the Bureau of Labor, show Hudson County's unemployment rate dropped in the last 18 months from 9.7 percent to 6.2 percent, well below the state's highest rate -- 12.7 percent -- in Cape May County. Read more: http://www.nj.com/hudson/index.ssf/20 ... nemployment_since_ta.html
Posted on: 2015/2/11 8:52
|
|||
|
||||