Christina Renna | president and CEO of the Chamber of Commerce Southern New Jersey
Christina Renna | president and CEO of the Chamber of Commerce Southern New Jersey
Camden leaders are highlighting recently announced stats that show the unemployment rates for the county and city at their lowest levels ever in the month of September.
The Nov. 2 report from the state Department of Labor and Workforce Development reported the City of Camden’s unemployment rate at 5.5%, while Camden County’s checked in at 3%.
The numbers are a far from cry and marked improvement from the height of the pandemic when those figures swelled to 22% in the city and 16.2% for the county. It also reverses the 2017 misfortune of being cited by the Federal Bureau of Labor Statistics as having the highest unemployment growth rate in the nation.
Christina Renna, president and CEO of the Chamber of Commerce Southern New Jersey, agrees that increased economic development in the area has had a significant benefit to employment gains and labor growth.
“We are seeing a lot of positive economic indicators in Camden County from residential expansion to new commercial and industrial growth that has added billions in new tax rateables,” said Renna. “In addition, this development has created more access and opportunity to new and existing jobs throughout the region creating a significant benefit to the local workforce.”
Click here to read more: https://njbiz.com/camden-touts-lowest-unemployment-rates.../
Original source can be found here.
Alerts Sign-up