New Jersey Job Growth to Continue to Trail U.S., Economist Says

September 18, 2015

New Jersey, where job growth lags behind the nation’s, won’t return to peak employment until mid-2017, a Rutgers University economist predicted.

Though the state’s economy is performing better this year than in 2014, it will continue to grow more slowly than the U.S. as a whole through 2025, Nancy Mantell, director of the Rutgers Economic Advisory Service, said in a statement Friday. She expects unemployment to average 6.3 percent this year and 6 percent next year.

Bloomberg Business, September 18

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