NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
Retail sales soared 9.8% in March as hundreds of billions of dollars in federal stimulus checks were delivered to American households and the increasing availability of COVID-19 vaccines helped ignite a surge in consumer spending. The Census Bureau data released Thursday by the U.S. Department of Commerce estimated retail and food services sales for March […]
The Department of Labor and Workforce Development said today that it has distributed $18.1 billion in unemployment benefits to jobless and under-employed workers so far amid COVID-19. The average unemployed New Jersey worker has received just over $13,000 in wage-replacement benefits since the pandemic sidelined a significant portion of New Jersey’s workforce. The $18.1 billion […]
Estimates by the U.S. Bureau of Labor Statistics show total nonfarm wage and salary employment in New Jersey increased by 60,200 in September to a seasonally adjusted level of 3.87 million. Gains were recorded in both the private (+42,600) and public (+17,600) sectors of the state’s economy. New Jersey has now regained a total of […]
The New Jersey Department of Labor & Workforce Development has dispensed $16.2 billion in unemployment benefits to jobless workers since the COVID-19 pandemic idled a significant portion of the state’s workforce nearly seven months ago. The DOL also announced Thursday it had begun accepting certifications for up to six weeks of FEMA Lost Wages Assistance (LWA) payments. LWA is a limited-time federal […]
The business community will be paying more thanks to the budget the state just adopted for Oct. 1, but that’s probably not the end of the tax increases. New Jersey’s pandemic shutdown orders have devastated the economy and sent unemployment soaring, which will trigger a large, automatic increase in employers’ unemployment insurance (UI) contribution rates […]
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New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
Tel: 609-393-7707
