CNBC’s Kelly Evans discusses whether Congress should extend the additional $600 in unemployment benefits the federal government provided people who lost their jobs due to the coronavirus pandemic with Barry Knapp of Ironsides Macroeconomics and Bill Rodgers of...
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New Jersey Supreme Court hears GOP bid to block proposed borrowing
Repubican opponents of New Jersey Gov. Phil Murphy’s proposal to borrow up to $9.9 billion for offsetting COVID-19-related revenue losses was argued before the state’s highest court Wednesday and they said the state’s constitution and past legal precedent should...
Will Republican women, men stand against misogyny? | Opinion
.... in the political sphere, dismissing women, feeling comfortable ridiculing and diminishing them, abusing them verbally, has been going on for a long time, violating any sane standard for acceptable behavior. But now, what may have once been thought, even ‘uttered...
We Must Rescue Health Insurance for Small Businesses and Their Workers | Opinion
Small employers are at the cross-currents of pandemic-driven forces. Many small businesses rely on face-to-face interactions, and few have deep pockets to weather shutdowns and stalled demand. The revenue freefall that businesses have experienced over the last five...
Missing unemployment checks, scarce jobs in coronavirus economy
Rutgers analyst James Hughes says the cultural and economic landscape’s been forever altered by the COVID-19 pandemic. He notes New Jersey’s still short 600,000 jobs lost to the lockdown. As for all the jobseekers, his new report sketches a bleak economic recovery...
In tight times, towns must embrace shared services | Editorial
State and local revenues have cratered since New Jersey was slammed by the coronavirus, and the need to cut costs by sharing municipal services has taken on a greater meaning. Data from the Department of Community Affairs (DCA) shows that Gov. Murphy...
N.J. has nation’s 2nd highest unemployment rate even as we reopen. What that means for our economy
New Jersey is the only state in the nation to see the number of new coronavirus cases drop in the last two weeks, but the pandemic’s financial impact continues to grow, according to a new Rutgers study. The economic freeze, fueled by...
The changing work habits caused by COVID-19 could give NJ suburban office space a boost
For nearly four months, a large chunk of New Jersey has been working from home. Now, even though the state’s reopening is on pause, employers are preparing for an eventual return to the workplace — and experts familiar with the North Jersey suburban office market are...
9 charts that show the good, the bad and the alarming of this early economic recovery
While stocks are soaring, so are applications for unemployment. Applications for jobless aid are still about seven times higher than before the pandemic, and people are lining up outside unemployment offices, desperate for help. Economists remain concerned that...
Selling bonds to balance New Jersey’s budget is a big mistake
It is a mistake for the governor and the Legislature to sell bonds to balance the fiscal year 2021 budget. Not only is it prohibited by the New Jersey Constitution but, more important, it is bad public policy and will ruin the state’s finances for years. Opinion by...