Payroll processing firm ADP said 970,000 people had been hired in May, the biggest gain since June 2020. “If we continue to get lower numbers, I think that is consistent with stories around schools not being fully reopened and parents having difficulty with childcare...
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How this 100-year-old agency shaped and at times disgraced the region
Great infrastructure projects — bridges and tunnels, airports, the PATH and the nation’s first container port — characterized that empire that unified the bi-state economy, but it wasn’t without political strife. “The Port Authority has been a factor in bringing the...
Assessing the economic effects of the pandemic on households
The economic impacts of the pandemic on Americans, accentuated by the health crisis, is reflected in the proportion of individuals reporting pay cuts and layoffs.
How New Jersey Averted a Pandemic Financial Calamity
James W. Hughes, the former dean of the Edward J. Bloustein School of Planning and Public Policy of Rutgers University, said the state’s decision to turn to borrowing made sense at the time. “It’s so overused, but whatever the term is — unprecedented, uncharted waters...
One thing we agree on – How the American public views the economic crisis
Survey results showed that the public shares widespread agreement regarding the state of the economy and what the response to joblessness should be.
Twin crises: The economic impact of COVID-19 and Americans’ outlook for the future
Americans are experiencing dire financial and emotional trauma from the pandemic-driven recession and worry that these negative realities will linger for many years.
Healing the wounded economy: Large majorities of Americans support government action to create jobs; help workers, businesses
Americans are eager for the government to ease the pain of the recession brought about by the pandemic.
Over Half of People Want to Keep Working From Home Despite Feeling Less Connected to Coworkers
The transition to remote work has also affected certain populations differently: Younger workers reported feeling less motivated when working remotely compared to their older counterparts, while parents with children younger than 18 years reported having more...
Pandemic Slows Economic Recovery
David Cruz talks with Economist & Rutgers Univ. Prof. Bill Rodgers about the latest jobs numbers & impact of a potential federal stimulus.Our panel of journalists- Colleen O'Dea from NJ Spotlight News, NJ 101.5's Michael Symons & Katherine Landergan from...
In November, men dropped out of the workforce at higher rates than women
About 347,000 men left the workforce in November, compared to about 10,000 women. That’s in stark contrast to September, when 865,000 women left the labor force — four times the number of men that month. The drop-off is somewhat striking because aside from March and...