the staff of the Ridgewood blog
New Brunswick, NJ, New Jersey has regained nearly half of the jobs it lost due to the pandemic-driven economic contraction of March and April, but future employment gains will become increasingly difficult, according to a new Rutgers report.
“The United States and New Jersey have made substantial progress in climbing out of the economic chasm that opened beneath our feet in April. But the summer’s extraordinary job growth began to slow in August, with signs that labor market advances are losing momentum,” said report co-author James W. Hughes, University Professor and dean emeritus of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University-New Brunswick.
Continue reading Rutgers University: NJ’s Slow Pace Economic Recovery
