Results of 8th annual NJBankers Economic Survey released

The New Jersey Bankers Association, in conjunction with the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, has released the results of the eighth annual NJBankers Economic Survey of Bank CEOs. The survey inquired about national and state current economic assessments as well as six-month projections; expectations about home values; residential […]

Read More

Recent college grads are leaving NJ in record numbers. Here’s why.

“It is sort of unprecedented, we would have to go back generations, to come to this situation where grown children live at home to the extent that they are today,” said Dr. James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University. In recent years, many frustrated college graduates are […]

Read More

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, superstorm Sandy struck, crippling the following summer’s […]

Read More

Are wages growing fast enough?

Reasons people have left the labor force include going back to school, becoming ill or disabled, staying home to care for children or elders, taking early retirement, and becoming discouraged about one’s ability to get a job at all. Economist William Rodgers at Rutgers University’s Heldrich Center for Workforce Development said, in many cases, these […]

Read More

Rutgers to monitor tax-incentive jobs

The Bloustein School of Planning and Public Policy would study the impact of tax incentive programs that the state is increasingly using to attract and … Asbury Park Press.com, May 27

Read More

How office parks are dragging down N.J.’s recovery

Eighty percent of all the commercial office space that exists today was built in the 1980s. Much of that stuff is between 25-30 years of age now,” said James Hughes, dean of the Bloustein School of Planning and Public Policy at Rutgers University. “What we’re seeing is both cyclical and structural. The cyclical aspect … […]

Read More

Forever unemployed: Why NJ’s long-term jobless rate remains among highest in US

Carl Van Horn, director of the Heldrich Center for Workforce Development at Rutgers University, said there are several reasons New Jersey’s long-term unemploymenthas remained higher than most states. He pointed to steep job losses in the financial and construction industries during the Great Recession, which hit New Jersey hard, and a slow recovery in those areas. […]

Read More