For the week of January 9, new unemployment claims in New Jersey were 36.07% lower than in the previous week, despite high inflation and the threat of a recession, according to WalletHub’s updated rankings for the States Where Unemployment Claims Are Decreasing the Most.

Key Stats:

• Weekly unemployment claims in New Jersey decreased by 36.07% compared to the previous week. This was the 6^th biggest decrease in the U.S.
• Weekly unemployment claims in New Jersey were 50.90% lower than in the same week last year. This was the 6^th biggest decrease in the U.S.
• Weekly unemployment claims in New Jersey were 48.42% lower than in the same week pre-pandemic (2019). This was the 7^th biggest decrease in the U.S.
• Unemployment Insurance Initial Claims per 100,000 People in Labor Force in New Jersey: 155

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-unemployment-claims/72730