Tag: Jobs

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WalletHub Study: New Jersey Is 2023’s 4th Worst State to Start a Business

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Ridgewood NJ, with around 20% of new businesses failing within one year and inflation making entrepreneurship even more difficult, the personal-finance website WalletHub today released its report on 2023’s Best & Worst States to Start a Business, as well as expert commentary.

To determine the most fertile grounds for planting and growing new ventures, WalletHub compared the 50 U.S. states across 27 key indicators of startup success. The data set ranges from financing accessibility to the percentage of residents who are fully vaccinated against COVID-19 to office-space affordability.

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Senate Budget Committee Chair Democrat Paul Sarlo Supports Ending The NJ Corporate Business Tax Surcharge

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the staff of the Ridgewood blog

Wood-Ridge NJ,  some times we cant figure out which way the wind is blowing in Trenton , most of the time its blowing jobs out of New Jersey ,but  low and behold Democrat Senator Paul Sarlo, expressed support for the ending of the corporate business tax surcharge when it expires at the end of this year.

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Assemblyman Christopher DePhillips introduces bill to boost state’s angel investor tax credit program

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the staff of the Ridgewood blog

Trenton NJ, in 2019, Assemblyman Christopher DePhillips sponsored legislation that successfully doubled the angel investor tax credit. Noting increased competition from neighboring states and a lagging economy, he introduced a bill Tuesday to increase the tax credit again.

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Employment Picture Remained Steady

the staff of the Ridgewood blog

Washington DC, yesterday the Bureau of Labor Statistics reported ,total nonfarm payroll employment increased by 223,000 in December, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance.

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What Ever Happened to the American Work Ethic?

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the staff of the Ridgewood blog

Ridgewood NJ, studies continually show that many Americans are being paid by the government not to work more than to be in a job. This is not only bad for the economy, but bad for people’s health, and happiness.  Employers have been saying that the work ethic is slipping with young workers. The WSJ poll results below seem to confirm that the younger generation puts less emphasis on work and excelling on the job than the boomer’s generation.

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Layoffs make Headlines but Companies have Been on a Hiring Spree

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the staff of the Ridgewood blog

Ridgewood NJ, While Amazon, Salesforce and other giants across technology and finance have combined to fire tens of thousands of workers, small and medium-size US businesses have been on a hiring spree. So much so that, according to new data, overall hiring far exceeded expectations in December while applications for jobless benefits fell to a three-month low.

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New Jersey Increase Unemployment Insurance Benefits

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the staff of the Ridgewood blog

Trenton NJ, The New Jersey Department of Labor and Workforce Development (NJDOL) today announced changes in the maximum benefit rates and taxable wage base that take effect January 1, 2023, for Unemployment Insurance, Temporary Disability Insurance, Family Leave Insurance, and Workers’ Compensation.  Continue reading New Jersey Increase Unemployment Insurance Benefits

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Business leaders Say New Jersey is Just Too Expensive

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NJBIA 64th Annual Business Outlook Survey Details Affordability, Inflation Challenges for NJ Businesses

Trenton NJ, while affordability was the talk in Trenton a year ago, New Jersey’s business community is clearly feeling left out of that conversation.

In NJBIA’s 64th annual Business Outlook Survey, released today, a large majority (75%) said Gov. Phil Murphy and lawmakers have not done enough to address business affordability in the past 12 months – compared to just 5% who said policymakers are doing enough.

Further, a combined 82% said New Jersey is either somewhat unaffordable for business (46%) or not affordable at all for business (36%).

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1 in 6 Hiring Managers Have Been Told to Stop Hiring White Men

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Ridgewood NJ, according to ResumeBuilder.com , while the overwhelming majority agree that DEI initiatives have played an overall positive role at their company, many also expressed concerns about what some are calling “reverse discrimination” in the hiring process.

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“Temporary Worker’s Bill of Rights”, Protecting Temporary Worker Jobs

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the staff of the Ridgewood blog

Trenton NJ,  the New Jersey Staffing Alliance (NJSA), the voice for staffing firms across the Garden State, has over the past year discussed its views with members of the state legislature on S-511/A-1474 also referred to “Temporary Worker’s Bill of Rights” to include language that would ensure staffing agencies remain in compliance with new administrative regulations while protecting the safety and health of the workers they serve. NJSA firmly believes that while Governor Murphy’s conditional veto of A-1474 addressed several administrative issues, it left in place significant elements that would cause not only great harm to the law-abiding temporary staffing industry, but also its clients and ultimately the citizens whom this bill’s sponsors purported to benefit and protect.

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New Jersey Job Numbers Soft Despite Plunge in Unemployment Rate

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  • Private-sector jobs fall for first time since the worst of the pandemic
  • Sharp drop in the unemployment rate reflects decline in labor force, as well as increase in numbers working
  • Sharp decline in construction, as government jobs grow

the staff of the Ridgewood blog

Morristown NJ, on October 20th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for September 2022. Dr. Charles Steindel, former Chief Economist of the State of New Jersey, analyzed the report for the Garden State Initiative: Continue reading New Jersey Job Numbers Soft Despite Plunge in Unemployment Rate

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The Average New Jersey job Seeker Admits their Resume is Only 72% Accurate

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Fake it till you make it? The average New Jersey job seeker admits their resume is only 72% accurate, survey finds.

  • This compares to a national resume accuracy rate of 72%.
  • Of those who would lie about the college they attended, most would falsely claim they attended Harvard.
  • Interactive map showing resume inaccuracies in each state.

the staff of the Ridgewood blog

Ridgewood NJ, Embellishing your career achievements can result in serious consequences, most likely eliminating you from the pool of candidates for a prospective job. If you do get hired and your resume lie is later discovered, you will likely be asked to leave.

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Unemployment rate edged down to 3.5 percent Job Growth Continues to Slow

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the staff of the Ridgewood blog

Washington DC, (8:33am) total nonfarm payroll employment increased by 263,000 in September, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality and in health care.

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New Jersey Announces $500K to Expand Small Business Exporting

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the staff of the Ridgewood blog

Trenton NJ, the New Jersey Department of State’s Business Action Center has announced today that it has been awarded $500,000 in federal funds for the State Trade Expansion Program (STEP) to support new-to-exporting food and beverage manufacturers in underserved business communities.

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NJ Senator Schepisi Seeks Permanent Solution for Temp Workers

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the staff of the Ridgewood blog

River Vale NJ, Senator Holly Schepisi today introduced legislation that would protect temporary workers and the agencies that employ them from the detrimental effects of another bill that could soon be on its way back to the Governor’s desk.

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