The $4.3 billion in borrowing by the Murphy administration as part of the FY21 budget last September proved to be unnecessary, as previously and loudly forecasted by NJBIA, other business groups and some lawmakers. But as the governor still maintained defense of that decision this week, a recommendation by NJBIA and other business groups to apply some of the $6.4 billion in incoming federal […]
NJBIA News & Opinion
The communications staff at the New Jersey Business & Industry Association provides daily news about issues that affect the business community. You can browse our articles or receive them direct to your inbox by signing up for our daily e-news service, New Jersey Business Today. In addition, members receive our award-winning monthly magazine, New Jersey Business.
ACI’s Preston: Childcare Key for Retraining the Unemployed for Careers in In-Demand Fields
Access to childcare is critical for people who have lost their jobs during the pandemic and need to retrain for new careers in the medical and dental fields where there is a high demand for trained employees but not enough workers to fill the open positions, technical school leaders say. Frank Preston, president of Advantage […]
NAM Study: Proposed Federal Tax Increases Mean Lost Jobs, Lower GDP
The National Association of Manufacturers has released a study showing the proposed reversal of the 2017 federal tax cuts now under consideration to pay for the president’s infrastructure program would lead to the loss of 1 million jobs in the first two years. Rice University economists John Diamond and George Zodrow calculated the effects of […]
NJ Business Leaders Speak on Pandemic Recovery Funds on this Weekend’s ‘Minding Your Business’
On this weekend’s edition of NJBIA’s “Minding Your Business,” a cross-section of New Jersey’s top business leaders discuss recommendations on how to responsibly use $6.4 billion in funding that is coming to the state via the American Rescue Plan. Speakers on the broadcast include: Joel Bloom, President, New Jersey Institute of Technology Bernie Corrigan, President, […]
Cannabis Regulatory Commission to Hold First Public Meeting, April 12
The first public meeting of the Cannabis Regulatory Commission (CRC) will take place on Monday, April 12 at 2 p.m. The CRC is in charge of rulemaking and licensing for New Jersey’s adult-use cannabis industry. The rules must be finalized by late August, according to the legalization law signed by Gov. Phil Murphy in February. The […]