Job Market Monitor
New Jersey
Older workers in the New Jersey labor market
Marie Mathis of Boonton, an award-winning marketing pro, finds herself in a predicament. In the three years since she was downsized, the 48-year-old has upskilled, consulted, freelanced and done contract work. These days, she holds a marketing position for a start-up technology company. Staff meetings are in Starbucks. Mathis loves the work — except for … Continue reading
Unemployment Benefits / Online job search requirement in N.J.
A while back, New Jersey offered job seekers a carrot in the form a website consolidating search tools, job-related news and employment opportunities. The state Department of Labor and Workforce Development site helps connect employers and the unemployed efficiently and effectively. This week, the department introduced the stick. New Jerseyans receiving unemployment benefits as they … Continue reading
New Jersey / Minimum Wage Bill Vetoed
As widely anticipated, on Monday, January 28, New Jersey Governor Chris Christie vetoed a bill that would have increased the state’s minimum wage to $8.50 an hour, with future increases tied to the Consumer Price Index (“CPI”). In vetoing the bill, Governor Christie instead proposed a phased-in $1 increase which he feels will better protect … Continue reading
N.J. / Democrats raise minimum wage to $8.50
So much for the bipartisan lovefest brought on by Hurricane Sandy. Democrat and Republican senators clashed Monday over a proposal to raise the state’s minimum wage to $8.50 from $7.25 and provide for annual cost of living increases. The Senate Budget committee advanced the bill by a 7-6 vote, and the Senate is expected to … Continue reading
Sandy / Cheers for jobs program
CHEERS: For a $15.6 million emergency federal grant program that will pay for unemployed New Jerseyans to do temporary work helping to clean up the shore in the wake of Superstorm Sandy. It’s an idea so logical that some government skeptics might scarcely believe it came from elected officials. Out-of-work South Jerseyans who want to … Continue reading
Atlantic City / Sandy / Layoffs at casinos
Atlantic City’s casinos are struggling to deal with the aftermath of Superstorm Sandy by laying off workers and cutting back the hours of others. The city’s 12 casinos had to close due to the storm for five to seven days in late October and early November. Even after they reopened, business slowed considerably. The Atlantic … Continue reading
Sandy | Disaster Unemployment Assistance extended for NJ residents
Governor Chris Christie and the U. S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced today that New Jersey residents in all 21 counties will have until Feb. 4, 2013 to apply for coverage under the federal Disaster Unemployment Assistance program as a result of damages caused by Hurricane Sandy. The order establishes … Continue reading
New Jersey manufacturing needs for technical and skilled workers
Tuesday was “Student Technologic Day” at Sandvik, one event among many for the state’s first ManufactureNJ Week. The event is dedicated to improving the perception of manufacturing, generating dialogue about policies to help manufacturers and building student awareness of careers in manufacturing, said Meredith Aronson, director of the New Jersey Advanced Manufacturing Talent Network, a … Continue reading
New Jersey – Unemployment Rate at 35-Year High (9.8%)
New Jersey’s unemployment rate jumped to a 35-year high of 9.8 percent in July, the state Labor Department said. The rate climbed from 9.6 percent in June and is above the national level of 8.3 percent, which also increased last month. New Jersey lost 12,000 jobs in July, with the largest drops in manufacturing, construction, … Continue reading
Capital Health – 175 Layoffs at Hopewell and Trenton hospitals | NJ.com
Capital Health officials confirmed today that approximately 175 employees at its Trenton and Hopewell hospitals will be laid off. The workers, including those in finance, management and technical areas like radiology, began receiving layoff notices yesterday. Doctors, nurses and other employees directly involved with patient care will be largely spared, but some supervisory nurses may … Continue reading
In The News | Labor Market Mismatch and, Job Cuts Surge 67% in U.S., Teachers Layoffs Continue, Olympus Cuts 2,500 jobs, Benefits Cuts For Seasonal Workers in Canada and NJ and More
Unemployment is a labor market mismatch – Economics – AEI aei.org – After an unexpected upswing at the beginning of this year, the labor market appears to be back in the doldrums again. The month-on-month employment increases of 200,000-240,000 workers in December,… JobMarketMon US May Job Cuts Surge 67% From A Year Ago -Challenger – WSJ.com … Continue reading
Revel’s job numbers / Economic reality – pressofAtlanticCity.com: Editorials
So … the Revel casino hotel will apparently open with about 4,758 employees, 38 percent of whom – or about 1,785 – will be part-timers. This, despite initial statements that the resort would create 5,500 full-time jobs. An outrage? A scandal? Hardly. It’s a reflection of the economic realities of the time. Yes, it’s a … Continue reading
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