Streams

NJ Loses Jobs, NY Gains in September

Thursday, October 20, 2011

The latest government figures present a very mixed picture for employment in the region.

In the Garden State, the jobless rate dropped 0.2 percent to 9.2 percent. In New York State and New York City, the unemployment rate was unchanged at 8.0 percent and 8.7 percent respectively.

But when it came to jobs, the numbers really diverged. New Jersey and New York City both lost more than 10,000 jobs, but New York State added almost 15,000 positions.

A drop in the number of jobs may seem inconsistent with a sinking unemployment rate for New Jersey, but it could reflect the fact that some New Jerseyans have stopped looking for work and, therefore, were not counted as unemployed.

Economist Barbara Byrne Denham with the firm Eastern Consolidated said September can be a volatile month, and is not always indicative of overall trends in employment.

One industry where many companies report they are adding staff is e-commerce.

"We are hiring like crazy and some of that is seasonal. We're gearing up for the holiday season. But even prior to that we've been growing the organization," said David Bolotsky, founder and CEO of Uncommon Goods, a Brooklyn-based online gift retailer.

Bolotsky said he's looking for web developers, purchasers, marketers and warehouse and customer service workers. The manufacturing and leisure and hospitality sectors lost the most jobs.

 

 

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