More than 47,000 new claims poured into the unemployment offices during the week ending July 4, fueling the biggest single-week spike the state Labor Department has seen since early May.
Furloughed state employees and workers laid off when the school year ended in June account for much of that, the Department of Labor said Thursday.
The jump comes weeks after falling unemployment claims. More than 1.3 million New Jersey workers have filed for unemployment since mid-March — the beginning of the pandemic, which forced much of the state to effectively shut down to curb the spread of coronavirus, le… Read the rest of this entry »
Governor Phil Murphy will announce today that he will allow outdoor dining at New Jersey restaurants starting on Monday, June 15, MMM has learned.
The NJ Restaurant and Hospitality Association has pleaded with Murphy to open restaurants on June 5. Murphy’s action will cost these small businesses and their employees 10 days of business, including two traditionally busy late spring weekends.
Clad is masks and keeping their distance, about 60 restaurant owners from throughout New Jersey gathered in Sea Bright this morning for a press conference during which they pleaded with Governor Phil Murphy to approve their plan to reopen their businesses safely.
Senator Declan O’Scanlon followed his call for insurrection by moon gazing with a serious framework for New Jersey to contain COVID-19 while unleashing our economic engines.
Senator Declan O’Scanlon
Under the leadership of Governor
Phil Murphy, New Jersey residents have responded remarkably well given the
unprecedented and deadly invisible enemy we have faced. We have flattened
the curve and reversed the trends of COVID-19. We have changed our behavior,
likely forever. I credit the Governor with making some tough calls and
sympathize with the difficulty of challenges he’s faced, and will face going
Former Gov. Chris Christie on Monday told CNN the country should reopen despite projections that the ongoing coronavirus pandemic could kill thousands of Americans.
Christie, a Republican and backer of President Trump, pointed to the “economic devastation” from widespread closures of businesses put in place to help slow the spread of the virus.
“Of course, everybody wants to save every life they can — but the question is, towards what end, ultimately?” Christie said in an interview with CNN’s Dana Bash for The Daily DC Podcast. “Are there ways that we can… thread the middle here to allow that th… Read the rest of this entry »
More than five weeks after ordering New Jersey residents into a near-lockdown to slow the spread of the coronavirus, Gov. Phil Murphy will unveil his plan Monday to start rolling back those restrictions.
On Sunday night, Murphy tweeted a logo touting “The Road Back: Restoring Economic Health through Public Health” with the promise of more details at a noon briefing in Trenton, when state officials will also detail the latest status of the outbreak that has infected 109,038 and killed 5,938 New Jersey residents.
As they look to do better from latest federal aid package, the big question for small business owners concerns access to working capital
By John Reitmeyer, NJSpotlight
The adoption of a new federal aid package with billions of dollars in new funding for small businesses comes just as officials in New Jersey are beginning to give more attention to what the state’s recovery from the coronavirus pandemic will look like.
The new aid package signed into law by President Donald Trump includes at least $250 billion for small businesses, as well as significant funding for hospitals and testing initiatives that are considered crucial for addressing both public health and economic recovery goals.
Man, what a week! I feel like I’ve spent 200 hours on research, webinars and consults. This is truly an unprecedented event. The information is so fluid. I took some time to gather my thoughts and summarize what I’ve learned. It’s a long read but I hope that someone finds a useful piece of information. Have an awesome weekend and stay safe!
– The circumstances surrounding the current market conditions are, clearly, different from those that caused the financial and housing crisis in 2008. Although many agree that the housing market will experience a correction, very few are predicting that it will be impacted as severely as it was during the Great Recession.
CVS will raise the minimum wage for its workers to $11 an hour beginning in April, matching a move made by Target in the fall and Walmart in January. Citing tax savings created by the Tax Cuts and Jobs Act, the company said it will also adjust pay ranges and rates for many retail pharmacy technicians,… Read the rest of this entry »
WASHINGTON – Air conditioning company Carrier Corp. says it has reached a deal with President-elect Donald Trump to keep nearly 1,000 jobs in Indiana. Trump and Vice President-elect Mike Pence plan to travel to the state Thursday to unveil the agreement alongside company officials. Trump confirmed the meeting on Twitter late Tuesday, promising a “Great deal… Read the rest of this entry »