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economy

R/ECON: NJ economy finally in gear, state adds almost 56,000 jobs in 2015

New Jersey added 55,700 jobs last year – the vast majority in the private sector – and now has recovered 91 percent of the more than a quarter-million jobs lost during the Great Recession of January 2008 to September 2010. “This was the state’s best performance since...

NJ employers hiring; why are workers unhappy?

New Jerseyans have been waiting for a long time. While the U.S. had regained all of the nearly 9 million jobs that it lost in the recession by March 2014, New Jersey's job market muddled along. At times, it seemed like it would gain momentum. But in October 2012,...

Shore banks make money; why are they nervous?

"I think for New Jersey it's been an improvement, but a little more guarded (than the nation)," said John McWeeney, president and chief executive officer of the New Jersey Bankers Association. The trade group teamed up with the Edward J. Bloustein School of Planning...

Outta here! Garden State residents look to retire in greener pastures

"Health problems and consumption of health-care services increase dramatically with age, and since we are living longer in retirement, the more imperative it is to have easy access to health-care services and facilities. That factor weighs heavily on retirement...

Bankers foresee no quick turnaround in N.J.

Bankers in New Jersey are fairly optimistic about the current state of the economy, but most have far more faith in the nation’s economy than they do in conditions throughout their home state. The latest annual survey from the New Jersey Bankers Association found that...

Jersey City unemployment rate hits 25-year low

The city says there are 7,000 units under construction now and another 19,000 approved. James W. Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, cited the city's booming residential construction sector as one of the...

Can Atlantic City rebound again?

At the center of the challenge is a question: Can this iconic Jersey Shore resort, which resurrected itself from decades of decay by welcoming casinos in the mid-1970s, find some new attraction besides legalized gambling to serve as a foundation for a more prosperous...

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