NJ may get cautious as economic recovery slows

October 12, 2015

“The economy is not going to stop growing. It’s still sturdy, but it’s starting to lose steam, so we’ve really downshifted this summer,” said Rutgers University economist James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers.

He points out last year we added an average of 260 thousand jobs a month, but since the start of the summer of 2015, that figure has dropped to 167 thousand a month.

NJ 101.5.com radio, October 12

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