New Jersey's Unemployment Rate is 8.3% in March 2009

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Today Bloomberg reported that New Jersey's unemployment rate in March 2009 was 8.3% .

Of Course the bad news is that the number of jobless workers in the Garden State continues to increase, the good news however is (1) New Jersey's unemployment rate is less than the US's unemployment rate and (2) The rate of increase in unemployment in NJ is actually slowing down!