Jersey City marks lowest unemployment rate in 25 years

By Terrence T. McDonald | The Jersey Journal
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on February 06, 2016 at 3:00 AM

And, new statistics show, increasingly employed. Jersey City hit a milestone in December when preliminary figures show its unemployment rate dipped to 4.1 percent, the lowest the jobless rate has been in at least 25 years. The last time the rate went below 5 percent was December 2006.

The city's unemployment rate has seen a fairly steady decline since September 2009, when it reached 11.9 percent. By December 2015, Jersey City's jobless rate was lower than the statewide rate, which was 4.4 percent, and lower than New York City's rate of 5 percent.

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