TRENTON, N.J. – Governor Phil Murphy did his closest public sector union allies a major solid on Tuesday, agreeing to a furlough deal with the Communications Workers of America (CWA) which avoids large-scale layoffs at least in the near term. Read More
TRENTON, N.J. – Website server issues, general incompetence, and a steady flow of new unemployment claims (1 million since January 1st as of last Friday) is keeping New Jersey’s unemployment backlog dauntingly large and a major obstacle to workers who Read More
By Matt Rooney _ Governor Phil Murphy’s Saturday afternoon presser included a dire warning which had nothing to do with hand washing or sheltering in place, Save Jerseyans. “We will have layoffs that will be historic,” Murphy declared, referring to Read More
MORRISTOWN, N.J. – The Murphy Administration released new jobs numbers this week and the news is bleak. In September 2019, the state experienced a net job loss of 200 positions. Meanwhile, the overall U.S. economy added 135,000 new jobs in Read More
TRENTON, N.J. – Moody’s issued a stark warning on Monday evening about the scope of New Jersey’s public debt/pension crisis, one which has earned its pension system the dubious distinct of being among the nation’s least stable. By 2023? 26% Read More
TRENTON, N.J. – It may seem like a small issue in light of the New Jersey pension system’s massive problems, but one legislator finds it galling that a public employee convicted of domestic violence does not automatically forfeit his or Read More
TRENTON, N.J. – New Jersey’s basket case of a pension system is in bad enough shape without help from the Murphy Administration. This week, we found out that the system returned just 6.27% rather than the 7.5% projected as of Read More
By The Staff _ Robert Pozen of MIT recently wrote an op-ed for Market Watch which is worth a read, Save Jerseyans. Click here for the full op-ed. _
TRENTON, N.J. — Governor Phil Murphy and the public sector unions were crowing a bit on Monday after announcing modest reforms to the public employee health care system, changes expected to generate somewhere around $500 million in savings over two Read More
