MORRISTOWN NJ, According to Garden State Initiative (GSI) analysis of the newest jobs numbers issued by the Bureau of Labor Statistics, New Jersey’s employment picture was essentially flat in September as the state lost 200 jobs, the private sector added 900 positions while the public sector shed 1,100 positions. The numbers stand in contrast to the overall U.S. economy which added 135,000 new jobs in September. The state’s unemployment rate edged lower by .01% to 3.2%. The numbers indicated an increase in the state’s workforce size but a decline in the labor participation rate.
TRENTON NJ, NFIB, the leading small business association in the nation, with thousands of members in New Jersey reacted today to Governor Phil Murphy’s statement on taxes made at a Rowan University according to a news outlet. KYW reported that the Governor said “If you’re a one-issue voter and tax rate is your issue, either a family or a business if that’s the only basis upon which you’re going to make a decision, we’re probably not your state.” NFIB’s State Director in New Jersey, Laurie Ehlbeck commented on Gov. Murphy’s statement:
“Taxes are one of the top concerns of the nearly 900,000 small businesses in the state, and it’s unbelievable that the Governor would imply with his words if that’s so, New Jersey is probably not their state. He is implying they are unwelcome if they don’t want to pay more–that is ludicrous.
“It’s becoming clear that our Governor’s goal is to spend, spend, spend, and even though legislative leaders fought him on that, he is now attacking those who pay the state’s bills, small business owners. If they take his suggestion and leave New Jersey, our state will be a very sorry place. Its already ranked among the worst for high taxes.”
New Jersey has $234.7 billion in bills and only $25.9 billion in available assets to pay those bills
the staff of the Ridgewood blog
Ridgewood NJ, A new report on the financial condition of the 50 states ranks New Jersey no. 50 in the nation for its fiscal health. The report is based on the states’ 2018 comprehensive annual financial reports, the most recent data available.
Trenton NJ, Federal authorities in Philadelphia have launched an investigation in connection with New Jersey’s multibillion-dollar corporate tax-incentive program, according to three sources with knowledge of the probe,” according to The Philadelphia Inquirer.
FBI agents have interviewed potential witnesses over the last month, sources said. Among their areas of interest has been the development boom in Camden, which has been fueled by $1.6 billion in tax breaks that the state’s Economic Development Authority awarded to companies there since 2013, according to one person briefed on the matter. Each of the sources spoke on condition of anonymity.
Ridgewood NJ, U.S. Immigration and Customs Enforcement (ICE) Acting Director Matthew T. Albence held a White House press briefing Thursday to explain how sanctuary policies threaten public safety and called on the public to hold their local lawmakers accountable. The briefing made clear that local jurisdictions across the U.S. that refuse to cooperate with ICE are complicit in the crimes committed by aliens who ICE could have otherwise been arrested and removed.
photo Indian Business Association – IBA NJ for hosting great gala event with Bollywood Film Star Sonu Sood
the staff of the Ridgewood blog
NEW DELHI, INDIA – Governor Murphy, alongside Choose New Jersey, today announced the opening of the New Jersey India Center in Gurugram, India. The opening of the New Jersey India Center kicks off Governor Murphy’s seven-day, six-city economic mission trip to India. Governor Murphy is the first Governor in New Jersey history to visit India on official business.
“Today’s historic announcement charts a new course and effort to increase economic opportunities and build relationships between New Jersey and India,” said Governor Murphy. “Expanding operations into India will further Choose New Jersey’s goal to attract global businesses to New Jersey. With this new office, we will be able to bring our state’s message of economic prosperity directly to India.”
Trenton NJ, The vice-chair of the Legislative Select Oversight Committee to investigate the Murphy Administration’s hiring practices, Senator Kristin Corrado is calling for the panel to reconvene in light of questions surrounding the employment of a now-fired staff member of the governor.
“The committee left some glaring unfinished business,” Corrado said. “Summer is over. We need to get back to Trenton, sort out the mess and hold the administration accountable for what has become a long and growing list of hiring scandals.”
Trenton NJ, Assemblyman Anthony M. Bucco, the Republican Conference Leader, called out the Democrats today for not addressing property taxes. The Assembly met to expand a vote-by-mail law and didn’t consider any other bills.
Bucco said that if the legislature spent time on the number one issue for voters, turnout wouldn’t be a problem. A Monmouth University poll found that property taxes were far and away the most important issue to voters. That was followed by a Rutgers-NJBIA poll, where eighty percent of respondents said they pay too much in property taxes for the services they receive, and that state government isn’t doing enough to address cost of living and affordability.
Ridgewood NJ, State Treasurer Elizabeth Maher Muoio announced today that New Jersey’s current tax rate on gasoline and diesel fuel will remain stable for the coming year at 41.4 cents and 48.4 cents per gallon, respectively.
As required by law, the Department of the Treasury conducted a detailed review of fuel consumption data, and the Treasurer consulted with the Legislative Budget and Finance Officer, in order to make this year’s determination in compliance with the 2016 law (Chapter 57) that requires a steady stream of revenue to support the state’s Transportation Trust Fund (TTF) program.
Trenton NJ, Following reports and video footage of Congressman Malinowski stating that we need illegal immigrants to “mow our beautiful lawns” and laughing at the idea of his educated audience mowing lawns, NJGOP Chairman Doug Steinhardt had the following strong message for the Congressman:“Plenty of legal New Jersey residents landscape for a living or cut their own grass. They would all be mortified by your limousine liberal, elitist comments. You drawing a parallel between one’s intellectual capacity and their willingness to do manual labor just shows how out of touch you are with your constituents. We are all coming to understand what it means to have a Congressman who rents in New Jersey and lives in Washington, and we don’t like it. Apologize for your offensive comments if you want, but we all see you now Congressman.”