Tag: Garden State Initiative (GSI)

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New Jersey Adds 6,500 Jobs in December

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  1. Unemployment increases by 0.1% to 3.5%, 2nd monthly increase
  2. Workforce grows by 23,300 individuals, 4th consecutive month of growth
  3. GDP & Personal Income data sends mixed signal about our economic trajectory
  4. Losses in Manufacturing & Construction defy strong U.S. growth

the staff of the Ridgewood blog

 

Ridgewood NJ,  According to Garden State Initiative (GSI) analysis of the newest jobs numbers issued by the Bureau of Labor Statistics, more of New Jersey’s residents are seeking work which led to an uptick in our unemployment rate by 0.1% to 3.5%, matching the U.S. rate which was unchanged. The state reported an increase of 5,700 private sector jobs in December, while adding 800 public sector positions, for a net gain of 6,500. Of note, the state shed jobs in the Construction and Manufacturing sectors, which experienced strong growth nationally.
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New Jersey has among the most expensive road and bridge networks in the country

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the staff of the Ridgewood blog

Ridgewood NJ, Garden State Initiative (GSI) today released Adding It All Up: The Path to Saving $2 Billion on the Cost of New Jersey’s Roads and Bridges, which includes recommendations based upon a data-driven analysis of our investments in our state’s roads and bridges. Third in a series of reports on the true size of New Jersey’s expansive government, this report identifies $2 billion in savings that can be reinvested for tangible improvements to our state’s infrastructure. The full report can be downloaded here.

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