Smith Hails Drop in Jobless Claims
July 22, 2005
New Jersey's Unemployment Rate Strong; Economy Continues Growth
(Washington, DC) - Representative Chris Smith (R-NJ) issued the following statement after the Department of Labor released its state-by-state jobs report for the month of June. The report shows that since June of 2004, New Jersey has added nearly 53,000 jobs. In addition, New Jersey's unemployment has dropped dramatically since June of 2004 - when it stood at 4.8 - to 4 percent.
"Today's report is good news for families and jobs seekers in both New Jersey and the United States," said Smith, who represents New Jersey's Fourth District. "Our strategy of tax relief and market-based solutions is clearly paying dividends and the current economic environment, which fosters expansion and job creation, reflects that."
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