In a recent study, New Jersey has been named among the states whose weekly unemployment claims are recovering the fastest.

We are all starving for some good economic news, especially here in the Garden State, and although no single piece of news is going to make everyone feel better or make their particular position easier, some overall positive news is at least a sign that some things are heading in the right direction.

According to a WalletHub study, New Jersey ranks as the state with the 8th best unemployment recovery in the past week. There’s even more positive news. The study also says that the Garden State’s unemployment recovery ranks as the 3rd highest in the country.

Obviously the first ranking is based on the most recent data, and the latter uses cumulative data from the beginning of the pandemic. You can review the methodology of the study by visiting WalletHub.

Certainly, many residents of the Jersey Shore are still struggling and we hope the recovery continues to head in the right direction and everyone in the Garden State can get back to where the want and need to be.

It's hard to believe how much time has passed during this pandemic and for so many Jersey Shore residents it has been a very difficult financial struggle. Hopefully, these bits of good news can translate to some relief for all of our residents having tough times.

And if you are in a position to help, please support all your local businesses and lend a hand to some of the many local charities assisting our neighbors.

Lou Russo Listen Live
loading...
Follow us on Facebook (1)
loading...
94.3 The Point logo
Enter your number to get our free mobile app

KEEP READING: Here are the best places to retire in America

More From 94.3 The Point