By ROBERTA FUGATE
rjfugate@njherald.com
The unemployment news is not good.
It's not good in the country.
It's not good in the state.
It's not good in Sussex County.
"The job situation is bleak," said Bill Weightman, administrator of the One-Stop Career Center in Franklin. "And we should be scared because this is no ordinary recession."
Statewide, unemployment hit a five-year high -- 6 percent -- after New Jersey employers cut 6,000 jobs from their payrolls in October, the state Department of Labor and Workforce Development reported recently. Nationwide, the unemployment rate rose to 6.5 percent, a 14-year high.
New Jersey employers' plans for hiring new workers have dipped to their lowest level in
nearly 20 years, and a New Jersey Business
and Industry Association survey of 1,400 businesses released last week shows employers retrenching as they have in the state's
previous recessions.
Nearly eight in 10 employers said they expect conditions to remain unchanged or worsen in the first six months of next year. With economic conditions on the skid, just 17 percent of companies surveyed said they expect to expand their payrolls next year.
At 4.9 percent, Sussex County has a lower unemployment rate -- and traditionally has throughout the years, said Tammie Horsfield, president of the Sussex County Chamber of Commerce. Horsfield said the rate this quarter actually was lower than the first quarter of the year. According to ...
By ROBERTA FUGATE
rjfugate@njherald.com
The unemployment news is not good.
It's not good in the country.
It's not good in the state.
It's not good in Sussex County.
"The job situation is bleak," said Bill Weightman, administrator of the One-Stop Career Center in Franklin. "And we should be scared because this is no ordinary recession."
Statewide, unemployment ...
