“We saw the negative effects during the COVID pandemic when supply chains melted. We were overly dependent on China and other nations for critical components. So, having independence on certain sectors of the economy, with internal supply chains, would be desirable. However, the critical question is: “Will tariffs actually do that?” Hughes said.
Topic
James W. Hughes
NJ saw double the layoffs in first quarter vs last year, even before tariff fears
“We may see the same thing in 2025” because of the impact of Trump’s tariffs, he said. “It almost seems like we’re in another panic.”
Banking giant Barclays cutting 78 jobs in Whippany after earlier layoffs
James Hughes, an economist at Rutgers University, told NorthJersey.com that white-collar jobs in banking and finance have become saturated after a two-year hiring spree that followed the COVID-19 pandemic.
Population is Growing, but College Enrollment is Stalling
“We’re facing the cliff, because those born in ’08 … they’re just entering their high school graduation years,” said James Hughes, Dean Emeritus
Parsippany office building, part of a ‘dying breed,’ sells for $10.2 million
James Hughes, an economist at Rutgers University, told NorthJersey.com that white-collar jobs in banking and finance have become saturated after a two-year hiring spree that followed the COVID-19 pandemic.
JPMorgan to lay off 121 employees in Jersey City office
James Hughes, an economist at Rutgers University, told NorthJersey.com that white-collar jobs in banking and finance have become saturated after a two-year hiring spree that followed the COVID-19 pandemic.
Murphy set some key economic goals for NJ in 2018. How has he done?
The state and private investors are pouring $4 billion into the New Jersey Health + Life Science Exchange, or HELIX, in New Brunswick. “That really will be a statewide hub, not a local hub,” Hughes said. “Hopefully it will evolve into a national hub. It’s bringing together a lot of the players.”
Question: Where are all the New Jersey college students? Answer: ‘The enrollment cliff’
“We’re facing the cliff, because those born in ’08… they’re just entering their high school graduating years,” said James Hughes, Dean Emeritus of Rutgers University’s Edward J. Bloustein School of Planning and Public Policy.
A plan is moving forward in N.J. to let homeowners save tens of thousands of dollars on their mortgages
“It’s sort of a painless way of saving,” Hughes said. “Very few of us have the discipline to religiously put away a portion of our salary to build up equity.”
100 companies announced 13,300 layoffs in NJ in 2024. Here’s how to file for unemployment
“The Great Resignation has yielded to the Great Stay,” Hughes said in an interview. “It could definitely be shrinking … which suggests this is really a correction.”