TRENTON-The rate of job growth in America slowed down to 3.8 percent in February, but according to the federal government 20,000 new jobs were created last month, thanks to a Trump insipired economy that is putting out-of-work Americans back into the workforce.
According to the same report by the U.S. Bureau of Labor and Statistics, New Jersey Governor Phil Murphy’s Garden State lost 7,700 jobs last month. While state lost 9,300 private sector jobs, that figure was offset with the creation of 1,600 new public sector jobs, funded by taxpayers in the state.
To make matters worse for Jersey taxpayers, the Society of Certified Public Accountants (NJCPA) released an internal poll of 500 New Jersey CPAs, where 70% said they believe Governor Murphy’s budget will harm the State’s economy. A measly 23% viewed the State’s economy as “good” and only 12% think it will get better.
Doug Steinhardt, chairman of the New Jersey Republican Party said Murphy better start making better decisions before it’s too late.
“These numbers and their meaning are clear. Bad policies have bad consequences,” said Steinhardt. “The Governor needs to snap out of his tax and spend trance. People can only struggle for so long before they lose faith or give up. We owe it to New Jersey’s 9 million residents to help. ”
New Jersey now leads America in the state with the largest mass exodus, according to figures released by Atlas Van Lines earlier this year.