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New York Governor Andrew Cuomo: Not sure if closing all businesses, keeping everyone home was ‘the best public health strategy’

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the staff of the Ridgewood blog

Albany NY, in a press conference  New York Governor  Andrew Cuomo said Thursday that his stay-at-home order for the entirety of New York State was “probably not the best public health strategy.”

the New York governor  said the smartest way forward would be a public health strategy that complemented a “get-back-to-work strategy.”

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Updates for business and nonprofit employees employees impacted by COVID 19 

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 the staff  of the Ridgewood blog
River vale NJ Important updates for business and nonprofit employees employees impacted by COVID 19  from Alyssa Kaye Dawson Chief of Staff to Assemblywoman Holly Schepisi at State of New Jersey:

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67 Million Americans Anticipate Trouble Paying Credit Card Bills Due to Coronavirus

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the staff of the Ridgewood blog

Ridgewood NJ, Around 67 million Americans think they will have trouble paying their credit card bills due to coronavirus, according to WalletHub’s new Coronavirus Money Survey, released today. This survey, which follows WalletHub’s report on the States Most Aggressive Against the Coronavirus, illustrates some of the ways in which COVID-19 has impacted Americans’ lives and spending habits.

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School support staff has grown 2.7 times as fast as students since 1990

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the staff of the Ridgewood blog

Ridgewood NJ, according to Corey DeAngelis Director of School Choice, Reason Foundation; Adjunct Scholar, Cato Institute , School support staff has grown 2.7 times as fast as students since 1990 in public schools has grown 2.7 times as fast as students since 1990.
Students: + 23%
Support staff: + 61%
Per pupil spending: + 39%
Maybe this is why our schools are failing?

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No Doubt the ‘Trump Bump’ Is Real

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the staff of the Ridgewood blog

Washington DC, is the “Trump Bump ” real , it certainly looks that way . Even states perusing disastrously bad anti -business ,anti-job  policies like New Jersey are benefiting.

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NJ Assembly Republicans Push Bill to Cut State Corporate Income Taxes

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 the staff of the Ridgewood blog

Trenton NJ,  Assembly Republicans are walking to their talk of cutting the corporate business tax to make the state more business friendly. Assemblymen Christopher DePhillips and John DiMaio are introducing a bill (A3754) with Assemblywoman Serena DiMaso that would gradually cut the rate to a flat 2.5 percent.

“The reason we need a tax incentive program to attract businesses is because taxes are too high,” said DePhillips (R-Bergen). “The simple answer is to lower the rate to a point that makes New Jersey more attractive financially than other states.”

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Fight For Freelancers New Jersey Launches Fight to Save Independent Contractor Status Jobs

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the staff of the Ridgewood blog

Paramus NJ ,Fight For Freelancers New Jersey, a nonpartisan, grassroots group of 1,100 independent contractors, creatives, and businesses, has launched the sixth video in its series urging lawmakers to reject NJ Senate Bill 863 (S863) and instead enact a modern labor law that uses the IRS common law test.

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Increased Taxes and Spending Won’t Help New Jersey Grow

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By Tom Bracken and Michele Siekerka, Opportunity NJ

Trenton NJ, Governor Murphy’s recent Budget Address painted an optimistic picture of New Jersey’s current financial health and future prospects, declaring victory on goals that included “restoring fiscal responsibility” and “delivering property tax relief” as if the work were already done. While we appreciate the Governor’s commitment to business growth, workforce development, and investments in infrastructure, making New Jersey a competitive regional powerhouse means forging a difficult path ahead — and this budget proposal won’t get us there.

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JERSEY MIKE’S SUBS INVESTING $150 MILLION IN ITS FRANCHISEES’ RESTAURANTS

Jersey Mikes Ridgewood

the staff of the Ridgewood blog

Ridgewoood NJ,Jersey Mike’s Subs is embarking on a systemwide renovation program that’s expected to cost $75,000 per store, which the franchisor has agreed to pick up across the 1,700-unit quick-service sandwich chain for a total projected outlay of $150 million.

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New Jersey Ranks Worst Business Climate in the Region

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the staff of the Ridgewood blog

Trenton NJ, On the eve of Gov. Phil Murphy’s budget address that is expected to call for more unnecessary tax increases, NJBIA released its updated 2020 Business Climate Analysis showing New Jersey has the least competitive business climate, with the highest corporate tax, state sales tax, income tax and property taxes in the region.

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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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Landmark Toys ‘R’ Us Employee Severance Bill Becomes Law

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the staff of the Ridgewood blog

Trenton NJ,  Landmark legislation signed into law by Governor Phil Murphy,  the law, S-3170, makes New Jersey the first state in the country to guarantee severance pay in the wake of mass layoffs.

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Waterfront Lifeguard Opportunities Village of Ridgewood Graydon Pool Summer 2020

Graydon Pool Ridgewood

file photo by Boyd Loving

the staff of the Ridgewood blog

Ridgewood NJ, The Village of Ridgewood, Parks and Recreation Department, is seeking certified lifeguards for seasonal employment at the Graydon Pool municipal facility. Full-time and part-time positions are available. Competitive salaries are offered, ranging from $10.30 to $15.00 per hour, based on years of experience and duties assigned.

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Garden State Initiative : NJ Reports Solid Growth, But Sustainability in Doubt

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Q3 GDP Report: NJ Reports Solid Growth, But Sustainability in Doubt

 

  • NJ’s reverses trend and reports 2.3%, leading region & slightly ahead of revised U.S. rate
  • Reported growth at best rate since early 2018
  • Questions regarding sustainability of growth in key industries raised

 

Analysis by Charles Steindel, Ph.D. for GSI

 

MORRISTOWN NJ,  The Commerce Department’s Bureau of Economic Analysis (BEA) today announced that New Jersey’s Gross Domestic Product (GDP)—a measure of the aggregate output of all goods and services produced within the state—grew at a rate of 2.3% in the third quarter of 2019, leading the Northeast region, and slightly ahead of the revised U.S. rate of 2.1% for the quarter. However, the strength of New Jersey’s economy in light of weak growth in recent quarters and a review of the underlying details of today’s report, is anything but assured.

 

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New Study Rates Newark One of the Worst Cities for Job Creation

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the staff of the Ridgewood blog

Newark NJ, With the unemployment rate at a near 50-year low and employers expecting to hire 5.8 percent more college graduates from the Class of 2020 than from the previous graduating cohort, the personal-finance website WalletHub today released its report on 2020’s Best Places to Find a Job as well as accompanying videos.

To determine the strongest local job markets in the U.S., WalletHub compared more than 180 cities across 31 key metrics. The data set ranges from job opportunities to employment growth to monthly average starting salary.

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