Money

NJ Added 4,000 Private Sector Jobs In October

TRENTON – October estimates showed that private sector employers in New Jersey created 4,000 jobs over the month while the state’s unemployment rate continued to decline, down by 0.1 percentage point to 9.1 percent, according to the state Department of Labor. New Jersey’s unemployment rate has now dropped successively during each of the past three months.

SBA Honors 13 Lenders At Annual Awards Ceremony

NEWARK–JPMorgan Chase Bank was recognized by the U.S. Small Business Administration’s New Jersey District Office for approving the most loans to New Jersey small business owners during the agency’s fiscal year 2011 (the period from Oct. 1, 2010 through Sept. 30, 2011). The Manhattan-based lender approved 153 SBA loans for $23 million to New Jersey small business owners.