N.J. Unemployment at 7.3 Percent for January

 TRENTON — The New Jersey unemployment rate for January 2009 was 7.3 percent compared to the national rate of 7.6 percent for the month.

In addition, the results of the annual adjustment process — conducted each year at this time by every state — showed that the previously announced seasonally adjusted job loss from December 2007 to December 2008 of 63,000 was revised to 85,700. Labor force estimates also were revised for 2008 and the state’s revised 2008 unemployment rate averaged 5.5 percent fluctuating in a wide range of 4.6 to 6.8 percent.

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