Carl Van Horn, director of the Heldrich Center for Workforce Development at Rutgers University, said there are several reasons New Jersey’s long-term unemploymenthas remained higher than most states. He pointed to steep job losses in the financial and construction industries during the Great Recession, which hit New Jersey hard, and a slow recovery in those areas. He also noted some jobs, like many in the pharmaceutical industry, have left the state altogether.
NJSPL: Identifying & Examining NJ Corporate Home Ownership
The phrase "corporate landlord" is often used to refer to large corporate entities backed by private equity funds and Real Estate Investment Trusts. In researching corporate home ownership throughout seven municipalities in New Jersey, researchers found that some...