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Report: NJ at back of the pack for jobs growth

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Report: NJ at back of the pack for jobs growth

DECEMBER 3, 2014    LAST UPDATED: WEDNESDAY, DECEMBER 3, 2014, 6:13 PM
BY HUGH R. MORLEY
STAFF WRITER |
THE RECORD

A private sector employment report showing the nation has added jobs at a healthy clip since the start of the year also shows just how far behind New Jersey remains in the economic recovery.

The nation added 208,000 private sector jobs in November, taking the total added to 2.26 million this year, according to the monthly survey released Wednesday by ADP Research Institute, a division of Roseland-based payroll company ADP.

The employment increase of about 2 percent for the year so far, very close to the official government figures from the U.S. Bureau of Labor Statistics, is the latest evidence that the recovery from the Great Recession is continuing at a good pace.

Meanwhile, New Jersey’s private sector employment has increased by slightly more than a third of that amount – just over 0.7 percent – as several key sectors have lost jobs this year, according to the state’s latest employment report, which covers the year through October. The sectors in which New Jersey’s private employment has fallen this year included construction, manufacturing and leisure and hospitality.

New Jersey lagged in particular in the “goods producing” sector, which has fallen by just over 1.1 percent so far this year, losing about 4,200 jobs, compared to a gain of 1.86 percent nationwide, according to the ADP report.

http://www.northjersey.com/news/business/report-u-s-november-jobs-strong-but-impact-on-nj-unclear-1.1145507

9 thoughts on “Report: NJ at back of the pack for jobs growth

  1. The only jobs in NJ are those that are here because they ‘have to be’. (local gas station, lawn service, retail store, etc)
    These numbers are ‘static’ and will not increase much unless the population here increases (fat chance of that since most of the earners/contributors move out of state as soon as they can)
    The businesses that thrive, grow, compete nationwide or worldwide would never choose to locate here. These are the job creators of the world.
    Why would you choose to build a business in a state that has more unnecessary regulations, unions, and high expenses?
    The intelligent choices are the states that welcome business without the tax burden that has been causing businesses to struggle here for years.
    The Democrats have ruined this state and are going to run out of people, business, and things to tax/regulate.

  2. But our state & local taxes will be going up to pay for the past, not the future. No wonder there is middle class flight from NJ. It’s becoming a state full of fat cat union thugs, nearly deads, and newly made public sector employees. No wonder Christie is so desperate to get out. Resistance is futile with these goons.

  3. Christie has not done much to help the problem the loud mouth is never here.

  4. The state senate and assembly never stops with the new and or increased taxes to fund their out of control spending.
    All the big earners *that pay a large portion of income taxes* that I know move out of here as soon as possible (not necessarily selling their NJ home, but declaring a residence in FLA and spending the necessary 180 days per year out of state)
    The taxes have chased them out of here, and one of these days the elected morons in Trenton will figure out there is no one left to tax.
    Just as Detroit is run by morons who bankrupted the city, the state will probably go that way eventually.
    My business (overseas) allows me to work from anywhere, so its not like NJ has me chained here.

  5. AND when the big earners spend the 180 days a year ‘out of state’, that’s 180 days they aren’t here spending discretionary dollars on dining out, etc.. and their big spending wives aren’t shopping in the malls. So the other NJ businesses suffer lost revenue, and the state misses out on sales taxes.
    Its not just income taxes that won’t be there.
    But…its too difficult for the simple minds in Trenton to understand.

  6. No kidding, Senate Budget Committee Chairman Paul Sarlo is strongly in favor of raising gasoline taxes, but he also wants to do away with taxes on pension benefits. Wonder whose pocket he’s in ?

    http://www.nj.com/politics/index.ssf/2014/11/potential_nj_gas_tax_increase_comes_up_against_christie_2016_prospects.html

  7. Amazing there are a bunch of union hacks on this very blog suggesting that we raise state & local taxes to pay for the $170 BILLION credit card bill we’ve racked up making entitlement promises to them and their buddies in NJ. http://watchdog.org/186029/new-jersey-pension-debt/

    And yet we don’t have any job growth as per the article above. Something doesn’t add up there. Subpar economic growth, middle class flight, and higher taxes to pay for past promises made. Sounds an awful lot like Detroit to me. Why would any employer relocate here ?

  8. $170 billion is 5 years worth of our entire $35 billion state budget for 2015… should we just stoop paying for judges, prisons, state parks, Rutgers/UMDNJ, and forget about any upkeep to our roads, ports and airports for a few years ? Our taxes are just being raised to feed a black hole, with no thought by Trenton on how to stop it from consuming the state’s future.


  9. Anonymous:

    No kidding, Senate Budget Committee Chairman Paul Sarlo is strongly in favor of raising gasoline taxes, but he also wants to do away with taxes on pension benefits. Wonder whose pocket he’s in ?
    http://www.nj.com/politics/index.ssf/2014/11/potential_nj_gas_tax_increase_comes_up_against_christie_2016_prospects.html

    He is sometimes referred to as “Senator Sanzari’ since his employer (Sanzari) benefits as a major road builder if the gas taxes are raised..and actually spent on road projects instead of just going into the general fund.

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