Employment Report Shows Six Straight Months of Private Sector Job Growth in New Jersey
Senator Steve Oroho (R-24) said that a string of positive employment reports showing sustained private sector job growth in New Jersey is proof that the common-sense approach to budgeting and tax policy employed by the Christie Administration is yielding results.
“Governor Christie and Republicans in the Legislature have maintained that the best way to create jobs in New Jersey is to lower the cost of government and create a stable environment for businesses that want to grow here,” said Oroho. “Our approach, which is working, stands in stark contrast to the massive increases in taxes and spending under past Democrat administrations that drove businesses and jobs from the Garden State in the last decade.”
The most recent monthly employment report from the New Jersey Department of Labor and Workforce Development shows that the number private sector jobs in the state has increased for the sixth month in a row. According to the report, 3,900 private sector jobs were created in July. Additionally, the number of jobs created in June was revised upward from the initially reported 1,700 to 8,800.
In total, the state economy has added 47,800 new private sector jobs from January to July of this year, an average of nearly 8,000 per month. This continued job growth led Joseph Seneca, a prominent economist from Rutgers University, to say that projections of 65,000 new private sector jobs for the full year, “would be the best job growth year since the late 1990s.”
“Looking around the nation, we know that jobs are still being lost and too many people are struggling to find employment,” added Oroho. “It will take time to recover all of the jobs that were lost, but the continued trend of job growth in New Jersey is certainly a positive sign that we hope will continue.”