>Report: N.J. residents worse off money-wise in 2010 than 2000
Most New Jersey residents are in worse financial shape today than they were at the turn of the century, according to a report by New Jersey Policy Perspective.
Released today, the report by the liberal-leaning group shows there were fewer jobs and nearly three times more people unemployed in 2010 than in 2000. Other economic indicators, such as wages, household income and poverty rates, were at worse levels in 2010 than in 2000, the report shows.
The declines show the toll the Great Recession took on the state’s economy, particularly on the middle and working class, the report argues. (Renshaw, The Star-Ledger)
