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economy

NJ economy is recovering from COVID, but don’t hold your breath

A new report finds it will take years for the New Jersey economy to recover from the COVID-19 pandemic. But a complete job-loss rebound could take decades. According to Michael Lahr, a professor of planning and public policy and director of the Rutgers...

A long road back from the devastation of COVID-19

The recession caused by COVID-19 and the various actions taken to help mitigate the spread of the infectious virus has been devastating to the nation’s economy, and many economists are calling it the worst economic downturn since the Great Depression. The numbers bear...

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...

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