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New Jersey Jobs Dip Amid Broader Slowdown | Jersey News
New Jersey’s job market took a sharp turn in July, shedding nearly 26,000 positions — mirroring a national slowdown fueled by trade tariffs, soaring gas prices, and AI’s growing impact on hiring. Preliminary data from the state’s Department of Labor reveals the steepest losses in professional services and hospitality, while unemployment dipped slightly — a drop largely driven by people exiting the labor force. Political blame games are heating up, with officials pointing fingers at both state policies and federal actions. Amid the debate, one thing’s clear: the future of work is shifting —…
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