Category: Unemployment

2.5 years after predicting a Trump economic meltdown, how does Krugman still have a job?

By Matt Rooney _ Unemployment is now at a 49-year low mark (at 3.6% for April 2019) with 263,000 new jobs having been created last month. The last time it was lower? December 1969 when it was 3.5%. The average Read More

ROONEY: Newark’s universal basic income plan will be expensive, disincentivize work

TRENTON, N.J. – Mayor Ras Baraka of Newark wants to implement a “universal basic income” experiment in the Brick City, one which would be de facto paid for by the suburbs due to his city’s extremely high percentage of state Read More

Heavily-subsidized Newark, N.J. plans to experiment with ‘universal basic income’

By Matt Rooney _ It failed spectacularly in Finland and Canada. It fails everywhere it’s tried. Newark, New Jersey is ready to give ‘universal basic income’ a go all the same, Save Jerseyans, and you’ll be footing the bill. _ Mayor Read More

SPADEA: New apprentice mandates will raise your taxes

By Bill Spadea This post originally appeared at NJ 101.5 _ Enough already. Now the government in Trenton wants to require all public works contractors participating in Union approved apprentice programs. The intended consequence here would be to drive up costs Read More