Business Climate

New Jersey’s poor business climate—driven by heavy regulations and the nation’s highest business taxes—has cost the state jobs and investment, and GSI backs reforms to make it competitive again.

See How New Jersey Compares

50^th

in Business Climate Ranking (Tax Foundation)

11.5%

business tax rate —
highest in the U.S.

50^th

in entrepreneurship (WalletHub)

38^th

in GDP growth — 1.0% in Q1 2023 vs. 2.0% U.S. growth

Featured Business Climate Work

Independent Contractor Rules Threaten New Jersey’s Small Businesses and Jobs: Lessons from California’s Failed Approach

A new analysis from the Garden State Initiative warns that a proposed rule from the New Jersey Department of Labor could significantly restrict flexible work…

GSI Warns Proposed Labor Rule Would Harm Independent Workers and Repeat California’s Mistakes

NJ’s lack of economic competitiveness is a big issue for our next governor

June ’23 Jobs Report – NJ Labor Market in a Summer Doldrum

All Business Climate Work

Independent Contractor Rules Threaten New Jersey’s Small Businesses and Jobs: Lessons from California’s Failed Approach

GSI Warns Proposed Labor Rule Would Harm Independent Workers and Repeat California’s Mistakes

NJ’s lack of economic competitiveness is a big issue for our next governor

June ’23 Jobs Report – NJ Labor Market in a Summer Doldrum

New Jersey Q1 GDP & Personal Income: Growing, but Continuing to Trail the Nation

New Jersey’s small businesses need more support from Trenton. This is why | Opinion

New Jersey’s Red Tape & Fees are Hurting Small Businesses

A Simple Plan to Get New Jersey Back on Track for Growth

Making a state-ment: Why following N.C. model could spur economic growth in N.J.

November ’22 Jobs Report – NJ Jobs Rebound After Weak October Revision

August ’22 Jobs Report – NJ Jobs, Labor Force Continue to Advance as Unemployment Rate Increases

New Jersey’s Job Recovery in Context

Stay Up To Date

Sign up for our email newsletter and follow us on social!