“Progressives do not have the power — at least not yet — to win an economic bill of rights,” Mark Paul concedes. “To see poverty eradicated, progressives will have to continue pressing their case — via mass movements and grassroots organizing, over the dinner table, and in the public sphere.”
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An uneven recovery? NAIOP panelists see different paths for different asset types in 2024
Rutgers professor Will Irving was less sanguine about the office market and the state’s economy. With respect to a hard or soft landing, he said, “it’s still a landing, and the landing that we’re seeing in New Jersey is a little ahead and a little harder than we’re seeing elsewhere.”
NJ unemployment rate up? But job growth is strong? Making sense of 2024 New Jersey economy
The strong job growth in December helped New Jersey end 2023 with a net gain of 69,600 jobs. By comparison, the state lost 303,600 jobs in 2020; added 265,600 jobs in 2021; and added 129,700 jobs in 2022; Rutgers University economist James W. Hughes said.
DRIVE TIME: The struggle to find housing in New Jersey
Dean Emeritus James W. Hughes talks about the rising cost of housing in NJ and what the future will bring.
Jersey Shore workers struggle to find middle-class homes
“We know there is a shortage, a significant shortage of affordable housing in New Jersey, but the middle class is getting squeezed as well,” said Will Irving. “And it’s getting harder and harder for young families to afford to buy a house.”
NAIOP New Jersey to host annual meeting, commercial real estate outlook on Jan. 25
Will Irving will present on the panel of industry experts discussing the connection between local economic trends and the state’s commercial real estate sector.
Hughes expects NJ to be Waiting for the ‘Immaculate Disinflation’
Dean Emeritus James W. Hughes said a key question now is whether the Fed’s interest rate hikes will create a soft landing with a slow-growth economy, or a hard landing that will “crash” the economy.
New Jersey’s rising unemployment makes economic future uncertain
New Jersey’s unemployment rose sharply in 2023, leaving economic experts wondering whether a rocky road is ahead in the new year. The state unemployment rate climbed from 3.4% in January to 4.7% in November, according to the U.S. Bureau of Labor Statistics. November’s...
NJSPL – Is There Cause for Concern in New Jersey’s Latest Unemployment Numbers?
New Jersey’s post-pandemic economic recovery has seen steady payroll employment growth, but concerns arise as the state experiences a notable increase in its unemployment rate, rising from 3.0% in August 2022 to 4.6% in October.
Mark Paul Makes the Case for Nationalizing the Fossil Fuel Industry
An article Mark Paul co-authored with Carla Skandier and Rory Renzy: “The Case for Nationalizing the Fossil Fuel Industry“, sparked this conversation with Len Beyea for Talk of the Bay from KSQD.