“It’s really been a long-term slide,” Hughes said. “We are one of the most expensive places to live, one of the most expensive places of doing business, and we have a highly unionized labor force, so we have to overcome all those costs to be successful.”
Topic
economy
Unilever to move headquarters out of Englewood Cliffs next year
Suburban office campuses more broadly have switched to urban corporate centers in places like Manhattan, Jersey City and Hoboken, a reversal of the trend seen in the 1980s, said James Hughes, dean emeritus of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University.
Do you have one of the most common jobs in New Jersey?
As the baby boomer population ages out and becomes and becomes one of the health care and nursing sector’s biggest group of consumers, nursing and healthcare jobs will continue to increase according to James Hughes.
What Biden’s “Rent Cap” Is, and Isn’t
“We have policies in place that have helped build the middle class through federal support for housing,” Paul says. “However, that federal support for housing is really only applied to the segment of Americans that can afford to own a house.”
For recent NJ college grads, the job search has been rough as firms eye inflation
After COVID-19, “it was a really great time to be a college graduate, because firms were trying to build up staff,” Hughes said. “But now they’re filled up.”
Report Release: R/ECON Forecast Summer 2024
R/ECON’s economic forecast for New Jersey as of June 2024 continues to show a slowing trajectory, though the decline in annual GDP growth is not as pronounced as in the prior forecast.
Experts Respond To Biden’s Rent Cap Comments
“Biden et. al are finally taking the housing crisis seriously. Going on offense to increase supply AND cap rent increases is precisely the type of intervention we need to drastically improve housing affordability & stability.”
NJ unemployment rate 6th highest in the nation as health care, banking shed jobs
New Jersey’s unemployment rate has been nearly the same for almost a year — the sixth highest in the nation according to recent numbers — as nationwide the labor market shows signs of slowing down. New Jersey's latest unemployment rate is still a far cry from the...
How To Identify a Move-In-Ready House To Buy
“In the past, homebuyers focused primarily on their monthly mortgage payments. Now they’re thinking more about the larger financial picture,” Hughes says.
Barclays cutting 70 North Jersey jobs as more layoffs hit financial sector
Barclays bank is laying off 70 employees in Whippany, the latest job cuts in New Jersey’s financial services sector. According to a company spokesperson, the 70 roles in Whippany in Morris County have been “made redundant.” “We regularly review our operations to...
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2025 Bloustein Alumni Awards Celebration
Zimmerli Art Museum at Rutgers University 71 Hamilton Street, New Brunswick, NJ, United StatesSince 1994, the Bloustein School Alumni Association has aimed to present awards to accomplished alumni each year. Our goal is to pay tribute to alumni and friends to recognize their […]
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