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N.J. has worst business tax climate in U.S., study finds

assetContent (20)TRENTON — New Jersey’s high property and income taxes contribute to its standing as the nation’s least attractive tax climate for businesses, according to a Washington tax policy group’s annual ranking of the 50 states. The Tax Foundation, a public policy group that has two former Republican lawmakers on its board of directors, considered five metrics,… Read the rest of this entry »

Posted: November 19th, 2015 | Author: | Filed under: Economy, New Jersey, Taxes | Tags: , , | 1 Comment »

N.J. lost 26,100 jobs in June and July but the unemployment rate fell

Spring Job Fair at Brookdale Community College, April 2014. file photo

Spring Job Fair at Brookdale Community College, April 2014. file photo

TRENTON — New Jersey lost nearly 14,000 jobs in July, with the largest employment declines posted in leisure and hospitality and professional and business services, according to new labor data released on Thursday. The state’s unemployment rate, which is measured by a different federal survey, decreased to 5.9 percent, down from 6.1 percent in June and… Read the rest of this entry »

Posted: August 21st, 2015 | Author: | Filed under: Economy, Monmouth County News, New Jersey, News | Tags: , , , , | Comments Off on N.J. lost 26,100 jobs in June and July but the unemployment rate fell

Senate president: Come home, Chris Christie. N.J. needs you

IMG_3507TRENTON — Senate President Stephen Sweeney has a message for Gov. Chris Christie: Log off Twitter, come home and work to fix the state’s economy. “He actually needs to be back here meeting with the legislative leadership. He needs to be back here with a plan on what we’re going to do to fix this place,”… Read the rest of this entry »

Posted: April 28th, 2015 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, Economy, New Jersey, New Jersey State Budget, NJ State Legislature, Stephen Sweeney | Tags: , , , , | 1 Comment »

Thousands of jobs lost in N.J. in March, including losses in the trades

assetContent (73)New Jersey shed 6,400 jobs in March, according to new federal data, with the biggest losses posted in trade, transportation and utilities and professional and business services. The state’s unemployment rate ticked up last month as well, increasing to 6.5 percent, the preliminary data released by the state labor department on Thursday shows. That’s up from… Read the rest of this entry »

Posted: April 16th, 2015 | Author: | Filed under: Economy, New Jersey | Tags: , , | Comments Off on Thousands of jobs lost in N.J. in March, including losses in the trades

Forever unemployed: Why N.J.’s long-term jobless rate remains among highest in U.S.

17417223-mmmainAlain Chahine lost his job two years ago. Since then, he said, he has completed more than 600 applications and sent 200 messages to his network looking for leads. Those efforts produced 18 interviews in 2013, 35 more in 2014 and 12 so far this year, Chahine said. But the number of full-time job offers to… Read the rest of this entry »

Posted: April 6th, 2015 | Author: | Filed under: Economy, New Jersey | Tags: , , , , | Comments Off on Forever unemployed: Why N.J.’s long-term jobless rate remains among highest in U.S.

Christie tells N.J. business leaders he will work to make state more affordable

WASHINGTON — Gov. Chris Christie drew a fresh line against raising new taxes in a speech tonight to New Jersey’s business community. “As long as I’m here, we’re not going to make the state less affordable,” Christie said in delivering the keynote address at the 78th annual New Jersey Chamber of Commerce congressional dinner, part of… Read the rest of this entry »

Posted: February 19th, 2015 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, Christie Administration, Economy, New Jersey, New Jersey State Budget, News | Tags: , , , , , , | 3 Comments »

N.J.’s income gap has widened significantly since 2000, report shows

assetContent (5)TRENTON — The income gap between New Jersey’s wealthiest residents and all other groups has widened significantly since the turn of the century, and grew worse after the recent Great Recession lifted, according to a new report. Only the top 20 percent of households in the state has seen their average income increase since the recession… Read the rest of this entry »
Posted: December 21st, 2014 | Author: | Filed under: Economy, New Jersey | Tags: , , , | Comments Off on N.J.’s income gap has widened significantly since 2000, report shows

N.J. revenue growth lags behind Christie projections

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State Treasurer Andrew Sidamon-Eristoff testifies before Assembly Budget Committee on Governor Christie’s announcement yesterday to grab $2.43 billion meant for the pension system to balance the state budget. Trenton, NJ 5/21/14 (Tony Kurdzuk/The Star-Ledger)

TRENTON — New Jersey’s revenue, which last month was on track to meet Gov. Chris Christie’s forecasts, has fallen behind the 5.2 percent growth rate built into this year’s budget, according to a new report released today. After November tax collections fell behind the governor’s expectations in a number of areas, the growth rate through the… Read the rest of this entry »

Posted: December 12th, 2014 | Author: | Filed under: Chick-fil-A, Christie Administration, Economy, New Jersey State Budget | Tags: , , , | Comments Off on N.J. revenue growth lags behind Christie projections

Opinion: For Gov. Chris Christie, October’s Been the Cruelest Month


repost-us-image-13906378Carl Golden In his 1922 epic poem “The Waste Land,” English poet, essayist, and playwright T. S. Eliot opened with the line “April is the cruelest month … ” For Gov. Christie, though, it’s October. This October. Consider: + For the first time in four years, more poll respondents hold an unfavorable view of him, 45… Read the rest of this entry »
Posted: October 21st, 2014 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, Christie Administration, New Jersey, New Jersey State Budget, Opinion | Tags: , , , , , | 2 Comments »

Guadagno Visit to TechLaunch Sparks Small Business Week Enthusiasm

Guadagno Visit to TechLaunch Sparks Small Business Week Enthusiasm (via NJ Tech Weekly)

New Jersey Lt. Gov. Kim Guadagno visited the TechLaunch (Clifton) accelerator on May 6, 2014, bringing her own special brand of excitement and marketing know-how to the young companies participating in the 16-week boot camp program. She dropped by TechLaunch…

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Posted: May 19th, 2014 | Author: | Filed under: Christie Administration, Economy, Kim Guadagno | Tags: , , , , | Comments Off on Guadagno Visit to TechLaunch Sparks Small Business Week Enthusiasm