Although employer hiring rebounded in the third quarter of the year, retail job openings are down 9% compared to 2019 and that could be bad news for many jobseekers who were looking for seasonal openings for these types of sales positions. According to ICIMS’ October Snapshot Report, overall hiring in Q3 painted a more optimistic […]
Jobs
NJ Employer Hiring Ticks Up in August, Jobless Rate Falls to 10.9%
Total nonfarm wage and salary employment in New Jersey increased by 66,000 in August to a seasonally adjusted level of 3,820,000, according to estimates released by the U.S. Bureau of Labor Statistics on Thursday. New Jersey has now regained a total of 409,400 jobs in the four months since April, or about 49% of the […]
NJBIA Statement on Governor’s New Economic Plan
NJBIA President and CEO Michele N. Siekerka Esq. issued the following statement today in response to Gov. Phil Murphy’s announcement of his administration’s economic plan for New Jersey. “NJBIA has long maintained that responsible economic planning, based on data, research, and stakeholder input from informed sources sets a correct path for New Jersey, rather than […]
If Jobless Rate is Low, Why Are So Many People Looking For Work?
NJBIA President & CEO Michele Siekerka tells New Jersey 101.5 radio’s David Matthau that some New Jersey businesses are having difficulty finding a ready workforce of middle-skilled workers because applicants lack the right training and certifications for today’s jobs. The resulting paradox is that New Jersey has the lowest unemployment rate in years, yet many […]
Grow NJ Tax Incentives Expanded
Gov. Chris Christie signed legislation to increase tax credits under the Grow New Jersey Assistance Program for businesses undertaking collaborative research with New Jersey colleges and universities. The legislation, A-4432, (Schaer, Lampitt), is designed to help spur job creation and boost the economy by allowing a base tax credit of up to $5,000 per year […]