“We know there is a shortage, a significant shortage of affordable housing in New Jersey, but the middle class is getting squeezed as well,” said Will Irving. “And it’s getting harder and harder for young families to afford to buy a house.”
Topic
economy
NAIOP New Jersey to host annual meeting, commercial real estate outlook on Jan. 25
Will Irving will present on the panel of industry experts discussing the connection between local economic trends and the state’s commercial real estate sector.
Hughes expects NJ to be Waiting for the ‘Immaculate Disinflation’
Dean Emeritus James W. Hughes said a key question now is whether the Fed’s interest rate hikes will create a soft landing with a slow-growth economy, or a hard landing that will “crash” the economy.
New Jersey’s rising unemployment makes economic future uncertain
New Jersey’s unemployment rose sharply in 2023, leaving economic experts wondering whether a rocky road is ahead in the new year. The state unemployment rate climbed from 3.4% in January to 4.7% in November, according to the U.S. Bureau of Labor Statistics. November’s...
NJSPL – Is There Cause for Concern in New Jersey’s Latest Unemployment Numbers?
New Jersey’s post-pandemic economic recovery has seen steady payroll employment growth, but concerns arise as the state experiences a notable increase in its unemployment rate, rising from 3.0% in August 2022 to 4.6% in October.
Mark Paul Makes the Case for Nationalizing the Fossil Fuel Industry
An article Mark Paul co-authored with Carla Skandier and Rory Renzy: “The Case for Nationalizing the Fossil Fuel Industry“, sparked this conversation with Len Beyea for Talk of the Bay from KSQD.
R/ECON Forecast for November 2023 shows slow or stagnant growth for near future
R/ECON’s economic forecast for New Jersey as of November 2023 shows slow or stagnant growth over the next five to six quarters, with GDP recovering to a steady but tepid rate of increase in 2025. This largely mirrors the U.S. trajectory, though at lower growth levels than the national outlook.
Could a record-high minimum wage mean a rise in prices and unemployment? Experts weigh in
In January, New Jersey’s minimum wage will hit its highest rate ever, $15.13 an hour, after several years of phased increases. Proponents who ushered in the increase, including progressive activists and Democratic state leaders, argue it’s necessary to afford a basic...
New Jersey public schools are losing students. Why? And where are they going?
Fewer and fewer children are attending public schools in New Jersey. Across the Garden State, public school enrollment dropped by nearly 36,000 students between 2012-13 and 2022-23, according to analysis by the Asbury Park Press. The drops are causing budget strains...
Pfeiffer – Lakewood schools borrowed millions from New Jersey and still can’t pay its bills
The Lakewood School District in New Jersey is facing severe financial distress, having borrowed $165 million since 2014 and now seeking an additional $93 million loan from the state to stay afloat. This mounting debt has been primarily attributed to the district's...
Upcoming Events
Laundry Literacy Initiative: Spanish Book Drive for New Brunswick Families
Bloustein School, Civic Square Building 33 Livingston Avenue, New Brunswick, NJ, United StatesJoin us for the Laundry Literacy Initiative: Spanish Book Drive for New Brunswick Families, supporting the Wash and Learn Program at Roosevelt Elementary School. Founded by Ms. Anne-Marie, a dedicated […]
Bildner Center: The 25th Annual Rutgers Jewish Film Festival, November 7–21
Regal Cinema Commerce Center 2399 US-1, North Brunswick, United StatesThe The 25th Annual Rutgers Jewish Film Festival will feature fourteen thought-provoking and entertaining films, dynamic discussions with filmmakers and special guests, and numerous New Jersey premieres on dance, music, […]
Bloustein School Headshot Day
Bloustein School, Civic Square Building 33 Livingston Avenue, New Brunswick, NJ, United StatesNeed a new LinkedIn photo or headshot? We invite members of the Bloustein School community including faculty, staff, instructors, master's and undergraduate students, Ph.D. candidates and visiting scholars to take […]
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Rutgers Climate Symposium 2024: Signals – Climate Change Communication for Understanding and Action
Douglass Student Center 100 George Street, New Brunswick, NJ, United StatesThe Rutgers Climate Symposium fosters collaboration among researchers and students across all disciplines from institutions in the Mid-Atlantic region who are interested in climate change, renewable energy, energy efficiency, or […]