Unemployment

New Jersey has used millions in federal funding to overhaul its Unemployment Insurance application — cutting down on wait times and frustrations for users.

While 2023 comes to an end, massive job cuts are being planned in New Jersey.

Here's what you need to know about changes happening to NJ laws this year

The unemployment rate is currently 3.3%, its lowest figure in the state since June 2019 and two-tenths lower than the national average.

However, the preliminary figure of 3.7% is still two-tenths of a percentage point above the current national rate.

It was the 18th consecutive month of jobs gains in New Jersey, though the third smallest monthly increase in that year and a half.

The state has started scheduling in-person meetings to help people with unemployment claim problems. No walk-ins accepted, meetings can't be requested.

Labor and Workforce Development Commissioner Robert Asaro-Angelo was grilled by senators at a three-hour hearing Thursday.

Democrats joined Republicans in expressing their frustration that unemployment offices and others aren't fully reopened to the public.

Updated federal guidance expands the number of cases where states don't have to recover overpaid COVID jobless benefits, so long as fraud wasn't involved.

Beside COVID concerns, what the high-risk markets also all have in common is that they are high-density, and would be prone to risk even without a pandemic.

Not only will employers soon pay higher payroll taxes, but now the state is paying interest to the federal government on the loan it has to pay jobless benefits.