New Jersey Unemployment Percentage
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New Jersey Unemployment Percentage

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For 2020 the maximum weekly benefit rate is 713.

New jersey weather in december. The weekly benefit rate is capped at a maximum amount based on the state minimum wage. We will calculate your weekly benefit rate at 60 of the average weekly wage you earned during the base year up to that maximumwe determine the average weekly wage based on wage information your employers report. New york citys overall unemployment rate is 20 percent compared to the average of 102 percent.

The department of labor amended its june job figures dropping the reported gains from 130900 to 122500. New jersey lost more than 750000 jobs and its unemployment rate soared to a record 153 percent in april as the fallout from the coronavirus pandemic continued to take its toll on the states. The states unemployment remains higher than the united states as a whole 111 percent likely because new jersey was one of the states hit hardest by the pandemic early on.

Both states recently received federal approval to give eligible workers the 300 a week in extra aid. In july pennsylvanias unemployment rate ticked up a half percentage point to 137. In new jersey the unemployment rate fell three points to 138.

New jersey unemployment rate is at 1380 compared to 1680 last month and 330 last year. The job gains dropped new jerseys unemployment rate to 138 from 168 in june. The states unemployment rate rose by 12 percentage points to 166 percent.

The unemployment rate in new jersey is slightly lower than the national average of 43 percent which is an indicator of a stronger economy. Its all part of the broad economy. New york city has experienced a 464 percent increase in unemployment from january 2020 to july jill gonzalez wallethub analyst said.

And new jerseys unemployment rate fell in july to 138 the bls announced with about 341000 jobs regained since a low point in april or about 41 of jobs lost due to the pandemic. Whats been helping propel new jersey is the growth of new york city in the past decade but thats over a 20 unemployment rate as well. This is worse than the average increase of 203 percent.

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