Trenton NJ, Anthony Russo, president of the Commerce and Industry Association of New Jersey (CIANJ). CIANJ is a statewide business advocacy group, with offices in Rochelle Park and Trenton, representing the interests of more than 900 members from virtually every business sector (manufacturing, hospitality, financial, insurance, academia, healthcare, etc.). CIANJ prides itself in being a leading advocate for a free market economy, because we firmly believe it is through a free market economy that New Jersey thrives in terms of innovation, competition and the creation of private sector jobs.
MORRISTOWN NJ, Following in the wake of the U.S. economy adding 224,000 jobs in June, New Jersey’s economy added 9,600 private sector and 600 government sector jobs in June, according to Garden State Initiative (GSI) analysis of the newest jobs numbers issued by the Bureau of Labor Statistics. The Garden State’s workforce declined in June, the 2nd straight month of a reduction, with the state’s workforce remaining below 2008 levels. The combination of increased employment and shrinking workforce led the unemployment rate .3% lower to 3.5%.
The state’s workforce shrank by 4,000 individuals in June, the second consecutive month of declines. The state’s average workforce of 4,443,100 in the month, remains below the average annual workforce size of 4,504,400 at the start of the Great Recession in 2008, a decline of 1.3%. The current national workforce has increased 5.6% over the same time period.
Washington DC, The United States economy continues to flourish, according to the June Employment Situation Report released today by the Bureau of Labor Statistics (BLS). Total nonfarm payroll employment in June rose by 224,000 jobs, far exceeding market expectations (162,000). With July marking the longest economic expansion on record, it is a testament to the strength of the Administration’s economic policies that the economy continues to generate monthly job gains of this magnitude.
Washington DC, New data released this morning from the Bureau of Labor Statistics’ (BLS) Job Openings and Labor Turnover Survey (JOLTS) showed that there were 7.4 million job openings in April, once again illustrating the strong job market for people looking for work. For more than a year these data have found that there are more job openings than unemployed workers. For the first time, a new experimental series recently produced by the BLS also allows for an analysis of job openings at the State level.
Trenton NJ, Among the numerous bills passed by the Assembly yesterday was a key piece of legislation, sponsored by Assemblyman Christopher P. DePhillips, designed to boost emerging technology businesses in the state.
“We need to do everything we can to keep innovative and growing companies in New Jersey,” said DePhillips (R-Bergen). “Young entrepreneurs and angel
investors are creating opportunities and jobs that have great potential.”
ewood NJ, New Jersey employers pulled back hiring in May and are growing more pessimistic about their outlook, a series of reports released this week shows.
The New Jersey Department of Labor and Workforce Development reported Thursday that New Jersey lost 7,600 jobs in May. Its unemployment rate dipped to 3.8 percent — the lowest level since April 2001. But the jobless rate’s decline was due in part because fewer people were in the labor force.
Ridgewood NJ, Valley Health System has been named to Forbes’ inaugural list of Best-in-State Employers. The list, which was released today, includes only 72 employers in the state of New Jersey and only eight hospitals or health systems.
“Our goal is to create a workplace where employees feel valued and appreciated,” said Audrey Meyers, President and CEO of Valley Health System.” This recognition is particularly meaningful because it is based on feedback from our employees.”
Trenton NJ, Employment levels in New Jersey increased in April as employers added 11,800 jobs to their payrolls, according to preliminary estimates produced by the U.S. Bureau of Labor Statistics. The April job gain was widespread across industries and represents the sixth monthly increase in the past seven months. The state’s unemployment rate fell by 0.2 percentage points over the month to 3.9 percent.