Unemployment increases by 0.2% to 3.4% Workforce grows by 26,800 individuals, matching Great Recession level Personal income growth lags US Uncertainty over tax policy and weak GDP loom over coming year According to Garden State Initiative (GSI) analysis of the…

Workforce grows by 26,200 individuals, still slightly below 2008 level State grew by 10,200 net positions, first gains since June Labor Force Participation rate increases 0.4% to tie U.S. level  According to Garden State Initiative (GSI) analysis of the newest…

 NJ’s growth ranked 48th in 2nd Quarter of 2019 Neighboring states grew at more than double NJ’s rate Continues trend of weak performance Weakness in traditionally strong sectors Analysis by Charles Steindel, Ph.D. for GSI The Commerce Department’s Bureau of…

State net loss of 200 jobs, private sector gained 900 jobs, public sector sheds 1,100 Unemployment Rate decreases .01% to 3.2% Labor Force Participation Rate declines by .03% to 63.4, just ahead of US rate of 63.2% Workforce grows by…

State loses 1,200 private sector jobs, adds 2,300 public sector positions Despite slight gains, workforce size remains below 2008 levels Financial Activities sector adds 900 jobs but NJ still leads US in losses According to Garden State Initiative (GSI) analysis…

NJ’s GDP significantly lags US and neighboring states Unemployment rate declines 0.2% Workforce size remains below 2008 levels Strong corporate tax revenue fueled by sunsetting surcharge Decline in gas tax revenue leaves open prospect of another tax increase According to…

State gains 9,600 Private Sector jobs, Government adds 600 jobs Job gains in 8 out of 9 major private industry sectors Workforce declines by 4,000 and remains smaller than average labor force in 2008 NJ workforce 1.3% smaller than in…