Unemployment has now risen at a steady rate throughout the year, up from 4% in January when President Trump took office. More Americans are looking for work, but fewer jobs are available. For New Jersey, the rise in unemployment claims suggests the slowdown is no longer outside state borders. Layoffs are beginning to surface. And while job losses remain modest by historical standards, the direction matters. The labor market is no longer running hot. Instead, it is bending. Heading into the holidays, many households are feeling that pressure. MAGA