A recent forecast by Rutgers University economist Nancy Mantell projected that New Jersey wouldn't reach its prerecession peak of 4.09 million jobs until mid-2017. By contrast, the national economy had recovered all the jobs it lost in the recession by May 2014....
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Rutgers Forecast: New Jersey’s recovery still trails its neighbors and nation, with ‘moderate’ job growth expected
While a difficult winter has depressed job growth early in 2014, New Jersey actually has experienced slight improvement over a comparable period last year, according to Nancy Mantell, director of the Rutgers Economic Advisory Service (R/ECON). But Mantell predicts the...
R/ECON event to review NJ’s real estate market, speed of economic recovery
On Friday, May 9, the Rutgers Economic Advisory Service (R/ECON)semiannual subscriber forecast and conference will examine the pace of New Jersey’s economic recovery and provide insight into aspects of the real estate market that are helping establish momentum for the...
Spring R/ECON forecast: New Jersey’s recovery still trails nation’s
While New Jersey is on pace to add 48,600 nonagricultural jobs in 2013, that figure is 0.1 percent lower than last year’s total (49,100) and helps to explain while the state’s recovery rate is slower than the nation’s. “Although our economy has improved the past two...