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‘Driving Business Away’: Corporate Exodus Sparks Urgency Over New Jersey Tax Policies

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Corporate Exodus: New Jersey Loses 26,000 Jobs as Fortune 500 Giants Are Fleeing New Jersey

the staff of the Ridgewood blog

TRENTON, N.J. — New Jersey’s business climate is facing intense scrutiny following newly released state and federal economic data showing the Garden State lost nearly 26,000 jobs between June and July alone. The sharp decline comes alongside news that major corporate headquarters are trimming operations or leaving the state altogether.

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