Tag: rate

ANALYSIS: New Jersey’s income growth trails the national average

TRENTON, N.J. – It’s not good. Then again, when is it ever? Garden State Initiative (GSI), an independent research organization, analyzed new jobs numbers released by the Bureau of Labor Statistics the week before Christmas. What it found: retail outlet-populated Read More

Actuary legislator warns: New Jersey’s pension system is “real close” to being too far gone

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

REPORT: New Jersey’s job market is in worse shape than it appears

TRENTON, N.J. — The United States economy is roaring and helping Americans find jobs but, here in New Jersey, there is weakness beneath the surface. The New Jersey Department of Labor and Workforce Development recently celebrated New Jersey’s 4.2% unemployment Read More

GOP Congressman urges Trump to reconsider tariffs in light of excellent jobs report

WASHINGTON, D.C. — The U.S. unemployment rate fell to 3.85% last month as non-farm payrolls rose (seasonally adjusted) by a whopping 223,000. That’s the lowest its been in half of a century; the regular unemployment rate has only been this Read More

Camden, Newark make “Murder Capitals of America” list

NEWARK, NJ — Better? Maybe, but still pretty bad. The real estate analytics company NeighborhoodScout has released a list of the 30 U.S. cities with a dubious distinction: the most murders per 1,000 residents. Camden ranks #3; Newark is #15. The notoriously crime-ridden Read More