Prior to the pandemic in mid-March, NAIOP NJ had planned to convene several experts to examine New Jersey’s fiscal challenges, controlling costs at the local level and pension and benefits reform. In the subsequent four months, our national GDP has plunged 33 percent...
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COVID what’s next: Can NJ unemployment handle second-wave shutdown?
The Bergen Record reports on the impact on New Jersey with a second wave of unemployment quoting James W. Hughes. (subscriber access required) Bergen Record, August 11, 2020
Why flat permanent job loss in the month of July is concerning: Economist
Professor William M. Rodgers III of the Heldrich Center for Workforce Development joined a Yahoo Finance On the Move panel to discuss the unexpected addition of 1.76 million jobs in July. Yahoo Finance "On the Move," August 7, 2020
Low-income people need the $600 jobless benefit: Expert
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...
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...
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...
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...
Obamacare enrollment sinks 11% — historically low unemployment is at least partly to blame
Regardless, the tight labor market is helping reduce dependence on the federal program, said Joel Cantor, the founding director of the Center for State Health Policy at Rutgers University in New Jersey. "The economy has increased employment rates and encouraged more...
Technology-driven worker dislocation: A persistent challenge in need of solutions
by Carl Van Horn, Ph.D., Distinguished Professor of Public Policy and Director, John J. Heldrich Center for Workforce Development The potential impacts of robotics, artificial intelligence, and digital economy technologies on American workers raise alarming questions....
'Presenteeism' Is Not Your Fault: Why Workers Come to Work Sick
Twenty-three percent of American workers were laid off during the Great Recession, according to according to data from the Heldrich Center for Workforce Development at Rutgers University, but 79 percent of workers knew someone who was laid off – a family member,...