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Trenton NJ, The New Jersey Department of Labor and Workforce Development (NJDOL) received 24,663* initial unemployment claims last week, a 25 percent increase over the previous week, as the number of workers seeking jobless benefits now tops 1.6 million since COVID-19 forced many businesses to close six months ago.
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Parsippany NJ. Rosemary Becchi, Republican candidate for New Jersey’s 11th Congressional District, releases her economic plan promising to put local families and their businesses first.
“While New Jersey families continue to struggle and many of our favorite small businesses are forced to close their doors, Mikie Sherrill and Nancy Pelosi refuse to take action,” said Becchi. “The dysfunction in Washington is destroying New Jersey and it must be stopped.”
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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
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Mahwah NJ, On September 26th, next Saturday, all U.S.-based stock exchanges will simulate a day’s worth of trading using their backup sites in the Midwest. The test is a dry run for relocating the data processing permanently should New Jersey go through with its new financial transactions tax, which targets New York-based stock exchanges that currently rely on electronic infrastructure located across the river in New Jersey.
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Trenton NJ, With the U.S. gaining 1.4 million jobs in August and the national unemployment rate at 8.4% compared to the nearly historic high of 14.7% at the peak of the coronavirus pandemic, WalletHub today released updated rankings for the States Whose August 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 New Jersey has the 9th Worst Unemployment Rate Recovery
People have been laid off from their jobs because of COVID-19 recently. Finding a job these days is a bit challenging. We’re going through a new situation, and we’re gradually adapting to it. Part of adapting is finding new jobs online. It took a pandemic to teach us that we can do most, if not all, types of work from home. The problem lies in the hiring process. How can the recruiters and employers trust us when they’ve only seen us online? Here are our tips on how to make yourself credible when applying for an online job.
Continue reading How to Be Credible When Applying for an Online Job
“with amazing bandwidth found everywhere, why stay? staff are fleeing NYC and NJ in mass numbers. The 12billion in debt will make NJ unattractive for 12 years. parkway taxes up. cigarette taxes. gas taxes, real estate tax. no incentives to move to nj. murphy is murdering NJ one tax at a time. wall street companies are very clear they are there to be profitable. so if its not attractive economically, and good staff are fine moving, why stay? its just a building and a bunch of dedicated T3s and other connectivity. easy move.”
Being a private hire driver is in demand in the job market right now. If you’re planning to become one, you must be wondering how much you can make.
In this article, we’ll talk about a private hire driver’s earnings and other benefits the job can give. Read on to know more.
Continue reading How Much Money Can You Make as a Private Hire Driver?
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Mahwah NJ, The New York Stock Exchange is signaling that it will move its electronic trading systems out of New Jersey if the state implements a Governor Murphy proposed tax on financial transactions. The NYSE said Friday that it will run one of its exchanges from a backup site in Chicago for a week as a demonstration of its readiness to quit the state, according to a notice sent to clients.
Continue reading Financial Firms Including the NYSE Consider Moving Out of New Jersey
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Washington DC, Total nonfarm payroll employment rose by 1.4 million in August, and the unemployment rate fell to 8.4 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor
market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In August, an increase in government
employment largely reflected temporary hiring for the 2020 Census. Notable job gains also occurred in retail trade, in professional and business services, in leisure and hospitality, and
in education and health services.
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Trenton NJ, Governor Phil Murphy today signed legislation (S2455), which prohibits lawful presence in the United States as a qualification to obtain a professional or occupational license, provided that the applicant meets all other requirements for licensure. The bill impacts the roughly 500,000 undocumented residents in New Jersey, who will now be eligible for professional licenses such as nursing, counseling and cosmetology.
“New Jersey is stronger when everyone is given the opportunity to contribute and everyone is given a chance to live their American Dream,” said Governor Murphy. “This law sends a simple, powerful message that immigration status can no longer be used as an excuse to discriminate among equally educated, trained, and qualified individuals. As we look toward our shared economic future, we must ensure that no one is left behind and everyone who puts forward the effort can succeed.”
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Atlantic City NJ, The American Hotel & Lodging Association (AHLA) today released an analysis on the economic and human struggle of the hotel industry six months into the COVID-19 pandemic, with millions of employees still furloughed or laid off and travel demand lagging far behind normal levels.
Continue reading Labor Day weekend hotel bookings down 66% compared to last year
Staffing your business properly can take a lot of time. You must advertise, read through resumes, and conduct interviews. At times, you may also need temporary help. A staffing agency offers many benefits for companies that wish to improve their productivity. It is essential to have a team that works well together. You must also hire employees with the proper skill set.
Continue reading Improve your Business with Qualified Employees
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Ridgewood NJ, With Labor Day approaching and the unemployment rate at 10.2%, WalletHub today released a nationally representative Coronavirus & Labor Day Survey, which found that 1 in 3 Americans worry about job security. Below are highlights of the survey, along with a WalletHub Q&A (audio available).
Continue reading 1 in 3 Americans Worry About Job Security This Labor Day
