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Salt Lake City: impressions after several months
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Review: My First Day With Vonage, Excellent!
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Vonage Customer Review: One month with Vonage, and...
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N.J.'s Unemployment Rate Falls To 3.9%

June 15, 2005

By Michael L. Diamond

New Jersey's economy added 3,800 jobs in May as the state unemployment rate fell to 3.9 percent from 4.2 percent in April, the state Labor and Workforce Development Department reported Tuesday.

The report means job seekers are having an easier time getting hired, and employers are having a tougher time recruiting qualified candidates.

"I'm actually excited, believe it or not," said Ed Kelly Jr., 22, of Barnegat, who graduated from Rutgers University last month and was attending a job fair in Lakewood on Tuesday. "You can do what you want now; there's money to be made."

The state outperformed the rest of the country. The nation added 78,000 jobs in May and had a jobless rate of 5.1 percent. While New Jersey accounts for 3 percent of the nation's work force, it accounted for 4.8 percent of the nation's job growth.

Analysts were heartened and noted all of the state's job growth of 20,800 jobs this year has come in the private sector. That's significant because nearly one-third of the state's new jobs last year were government jobs, placing a heavy burden on the tax-paying private sector.

The Labor Department report "marks a considerable improvement from last year," said James W. Hughes, an economist and dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University. "And it translates into pretty good private-sector employment growth."

There was evidence at the job fair, sponsored by the Asbury Park Press, that the economy is improving.

Gaming Laboratories International, which tests gaming equipment such as slot machines, is nearly doubling its Lakewood facility in August. It has 138 employees at the site now and plans to hire 100 more during the next two years, said James E. Muldowney, human resources manager.

The openings are for skilled employees such as engineers, but most are entry-level, paying $39,000 to $42,000 a year, Muldowney said.

Gaming Laboratories International isn't alone. Vonage, an Internet telephone service provider, plans to move its headquarters from Edison to Holmdel this fall. It is hiring 200 people a month. And it expects its work force will grow from 1,400 to 2,000 by the end of the year, said Michelle Weinberg, a human resources executive.

Recruiting is "more competitive than it's been, but you can always find good people," Weinberg said.

For their part, job hunters said they had some anxious moments, but employers' expansion plans were comforting.

Kelly has a part-time job with an entertainment and sports marketing company and is waiting for it to generate enough business to warrant hiring him full-time. In the meantime, he's moved back home and is searching for another job that will help him pay for his college loans, car insurance and cellular phone bills.

Other workers are feeling more pressure. Robert Norton, 50, of Howell, was laid off three weeks ago from his job as a salesman for an armored car company — a move that was unexpected.

Since then he has relied on his wife's income while he has searched for a job that he hopes will pay what he used to earn.

"We've got a mortgage, five kids, college education, cars," Norton said. "It's a little difficult and puts more pressure on our relationship than needs to be, but I'm hoping it won't take more than a couple of weeks."

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†AK and HI residents pay $29.95 shipping. ††Limited time offer. Valid for residents of the United States (&DC), 18 years or older, who open new accounts. Offer good while supplies last and only on new account activations. One kit per account/household. Offer cannot be combined with any other discounts, promotions or plans and is not applicable to past purchases. Good while supplies last. Allow up to 2 weeks for shipping. Other restrictions may apply.

1Unlimited calling and other services for all residential plans are based on normal residential, personal, non-commercial use. A combination of factors is used to determine abnormal use, including but not limited to: the number of unique numbers called, calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.

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HIGH SPEED INTERNET REQUIRED. †VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. DEVICE MAY BE REFURBISHED. If you subscribe to plans with monthly minutes allotments, all call minutes placed from both from your home and registered ExtensionsTM phones will count toward your monthly minutes allotment. ExtensionsTM calls made from mobiles use airtime and may incur surcharges, depending on your mobile plan. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See for details.

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