photo by Boyd Loving
the staff of the Ridgewood blog
Ridgewood NJ, Most Americans believe it’s important for young people to work during the summer, and don’t think it will be very difficult for teens to find jobs in the current economy.
Continue reading An Overwhelming Majority of Americans Say Summer Jobs Important for Teens
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Washington DC, Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined by 0.3 percentage point to 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in public and private education, and in health care and social assistance.
Continue reading U.S. added 559,000 jobs in May, Misses 671,000 estimate
At April’s rate, a pre-COVID jobs recovery would take 7 years
Leisure & Hospitality sector continues slow recovery, adding 3,000 jobs
NJ unemployment rate remains significantly above US average
the staff of the Ridgewood blog
Morristown NJ, on May 20th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for April 2021. Dr. Charles Steindel, former Chief Economist of the State of New Jersey and current Resident Scholar, Anisfield School of Business at Ramapo College, analyzed the report for the Garden State Initiative:
photos courtesy of Bergen County Executive Jim Tedesco
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Leonia NJ, Bergen County Executive Jim Tedesco and the Bergen County Board of Commissioners made some new friends on Friday May 14th ,joining Guy Gsell, executive producer of Field Station: Dinosaurs to celebrate National Dinosaur Day and sign a five-year lease at Overpeck Park in Leonia.
Continue reading Field Station: Dinosaurs signs five-year lease at Overpeck Park in Leonia
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WASHINGTON DC, The following statement can be attributed to U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley.
“The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market. We need a comprehensive approach to dealing with our workforce issues and the very real threat unfilled positions poses to our economic recovery from the pandemic. One step policymakers should take now is ending the $300 weekly supplemental unemployment benefit. Based on the Chamber’s analysis, the $300 benefit results in approximately one in four recipients taking home more in unemployment than they earned working.”
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Ridgewood NJ, last weeks stunningly disappointing April jobs report points to the idiocy of the Biden/Pelosi policies . The fact is if you tax something, you get less of it. If you subsidize something you get more of it.
file photo by Boyd Loving
the staff of the Ridgewood blog
Ridgewood NJ, in what can only be seen as a death knell for the newspaper industry “journalists” at the Bergen Record , the Daily Record and New Jersey Herald all owned by Gannett voted overwhelmingly to unionize.
the staff of the Ridgewood blog
Trenton NJ, Senator Steven Oroho said Governor Phil Murphy should start listening to the concerns and recommendations of the New Jersey business community as it attempts to drive the state’s economic recovery from the COVID-19 pandemic.
Continue reading NJ GOP Courts Small Business Pushes for State Reopening
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Trenton NJ, With the U.S. gaining 916,000 jobs in February and the national unemployment rate at 6% compared to the nearly historic high of 14.7% at the peak during the coronavirus pandemic, WalletHub today released updated rankings for the States Whose Unemployment Rates Are Bouncing Back Most, along with accompanying videos and audio files, to illustrate which areas of the country have had the best recovery so far.
Continue reading Come on Man , New Jersey Has the 7th Worst Unemployment Rate Recovery
Morristown NJ ,on April 15th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for March 2021. Dr. Charles Steindel, former Chief Economist of the State of New Jersey and current Resident Scholar, Anisfield School of Business at Ramapo College, analyzed the report for the Garden State Initiative:
the staff of the Ridgewood blog
Washington DC, according to the Tax Foundation if the Biden tax plan is fully implemented, increasing the corporate income tax would undermine the progress policymakers made four years ago. An increase in the federal corporate tax rate to 28 percent would raise the U.S. federal-state combined tax rate to 32.34 percent, giving the U.S. the highest combined corporate income tax rate in the OECD, ahead of France at 32.02 percent and the U.S. rank on the Tax Foundation’s International Tax Competitiveness Index would fall from 21st in 2020 to 30th, with the corporate rank falling from 19th to 33rd overall.
Continue reading Biden Tax Plan Will Destroy US Competitiveness
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Linden NJ, Air Protection Packaging Corp., based in Linden, New Jersey, wants to move its headquarters and manufacturing facilities to the former Alfa Laval building in the Town of Poughkeepsie in Dutchess County , New York.
Continue reading New Jersey Bubble Wrap Company Looking to Relocate to Dutchess County
the staff of the Ridgewood blog
Ridgewood NJ, according to the US Census Bureau the COVID-19 pandemic caused a record job losses and transformed the nation’s employment landscape but recently released historical data tables put the magnitude of the economic disruption in clear context.
To get some prospective in 2017, for example, roughly 30 million adults experienced either an end of employment or a reduction in work hours, including both involuntary and voluntary job terminations. But only about 3.8 million collected Unemployment Insurance (UI), which is contingent on involuntary job termination, according to the Census Bureau’s Survey of Income and Program Participation (SIPP).
Continue reading COVID-19 Pandemic : Magnitude of the Economic Disruption Unparalleled
the staff of the Ridgewood blog
Ridgewood NJ, New Jersey CannaBusiness Association (NJCBA) President Edmund DeVeaux issued the following statement today regarding the now 107-day delay between voters approving adult-use cannabis legalization in New Jersey and legalization actually happening:
Continue reading NJ Voters Callously Ignored after Approving Adult-use Cannabis Legalization
the staff of the Ridgewood blog
Ridgewood NJ, today, Monday, is Kings last day open . Green Way Markets are then taking Tues-Weds-Thurs to prepare Green Way’s opening on Friday. The 15,000 square foot store was built in the 1950s as a Food Fair, then taken over by Finast somewhere around 20 years later. Kings moved into the store in 1977 , The store is considered small by todays standards .
The parent company went bankrupt and Acme Markets, a unit of Albertsons, was the top bidder in a bankruptcy auction for 27 supermarkets operated by East Coast specialty grocers Kings Food Markets and Balducci’s Food Lover’s Market, according to a press release.
Continue reading Ridgewood Kings to become a Green Way Markets
