
file photo by Boyd Loving
By Brent Johnson | NJ Advance Media for NJ.com
on November 23, 2016 at 6:30 AM, updated November 24, 2016 at 12:19 AM
TRENTON — After seeing the state’s unemployment rate shrink significantly last year, New Jersey’s economy is expected to slow down over the next decade, according to predictions in the latest economic forecast from Rutgers University.
Meanwhile, the United States as a whole faces economic uncertainty as President-elect Donald Trump prepares to take office, the report from the Rutgers Economic Advisory Service says.
The report predicts the Garden State will experience a “weaker-looking” economy through 2026, one that includes a leveling off of its unemployment rate. Meanwhile, the state’s real domestic product is likely to suffer and its population growth to sputter.