N.J. Unemployment rate is lower than most states, but is it the best estimate of unemployment in the U.S.?
That depends on your perspective, says David Mair, chief economist at the Institute for Supply Management.
The state unemployment rate, he says, “is a pretty conservative estimate” because it is based on self-reported data and is not subject to a third party measurement.
The data, Mair says, are based on interviews with households and employers, as well as the National Longitudinal Survey of Youth.
Mair cites data that show the unemployment rates for white, male and non-college graduates, as compared with blacks and Latinos.
He notes that non-Hispanic whites are significantly more likely than Hispanics to have been laid off, while blacks and Hispanics are more likely to be laid off than whites.
Maintaining employment is “pretty hard for people to do,” Mair adds.
“The reality is that the number of people who are unemployed is low.”
While the unemployment-rate figures from New Jersey are lower than those in states like Maryland, Rhode Island and Vermont, Mairs says it’s not quite as low as it’s going to get in the future.
Mairs predicts that the state unemployment-rates will rise as the economy improves.
M.J.: The unemployment rate will go down.
In some areas, it will rise.
In other places, it’ll fall.
I think we’re going to see a lot of states move in the direction of a little bit higher unemployment rates than what we see right now.
J.S.: The state has a lot going for it right now, and we don’t need to worry about it.
But if we look at the next decade, it’s looking pretty bleak.
J: In some ways, New Jersey is a little different than the rest of the country.
We’re very competitive, with a big economy and we have a really good infrastructure.
M: We have a good education system, a good medical system, lots of opportunities.
But it’s a little more difficult for people than it is for the rest.
J : The big problem is that we have no real idea of the future of our economy.
We have no idea how we’re gonna make our way in the global economy.
The problem is really that we’re still trying to build out our infrastructure, and the people who build those things are still in school.
It’s not like New Jersey, where they’re building their own businesses.
M : I don’t think we have enough good data to really gauge what’s going on.
We don’t know what the next five years will look like.
It’ll be hard to predict.
And we’ll probably continue to have a pretty big labor shortage.
J, who is also a researcher at the Brookings Institution, says that the job market is not as bleak as Mair makes it out to be.
“I think we’ve got a lot to learn from New York, Connecticut, and New Jersey,” he says.
M.: The economy has done a very good job of staying afloat and we’re doing well.
But that’s not enough to keep people employed, he adds.
In a country that has a population of roughly 8.4 billion, Murchison says, New York has about 4.5 million people unemployed.
In New Jersey about 1.5 percent of the workforce is unemployed.
Murchion adds that there’s also a “real possibility” that the unemployment will be even higher than it currently is because of a lack of job training and other factors.
J and M: When you look at our job market, it looks like the state is doing a very, very good, if not the best, job keeping people employed.
I don,t know if the economy is good enough for everybody.
J & M: It’s really hard to say how we will do it, but we will probably continue our progress.
M & M.: And we’re probably going to continue to get the best jobs.
The unemployment numbers are not the most accurate indicators of the economy.
M and M : The unemployment rates are a good guide, but they’re not a perfect indicator.
The real problem is we’re a very different place than we were in the last recession.
M&M: New Jersey has a pretty good economy.
In terms of unemployment, it is lower and it’s stable.
I can see New Jersey being a little better off in the long run.
But the future looks grim, especially for a lot people who aren’t getting laid off.
J&M & M. The job market in New Jersey isn’t the most stable in the nation.
In the second quarter of 2017, the New Jersey state unemployment was 6.9 percent, down from 6.7 percent in the second-quarter of 2016.
In that same period, New Hampshire’s unemployment rate was 6 percent, up from 5.6 percent in 2016.
And in the first quarter of 2018, the unemployment in