The Republicans have taken control of the U.S. legislative agenda for the next two years if not longer, and that has political and market implications up until 2016 and likely beyond. Let’s see how they handle this role, given the divisiveness within the party itself and the fact that it did not really run on a…admin | Filed under: 2014 Elections, 2016 Presidential Politics, Economy | Tags: Economy, Financial markets, Markets, Repubican Congress, Republican governors | No Comments »
The next New Jersey Founder and Funders Event in on December 9
You can’t have everything you want (or need) in ALICE’S New Jersey
1.2 million New Jersey households, including 890,000 households with employed adults (28% of the states population) are not making ends meet, according to a report released by the United Way of Northern New Jersey.
The working poor are dubbed as Asset Limited, Income Constrained and Employed (ALICE) by the UWNNJ. These are families of four earning less than $62,000 and single adults earning less than $28,000…the income levels needed to provide housing, food, child care, health care and transportation in New Jersey according to the report.
The report says that 53% of all jobs in New Jersey pay less than $20 per hour or $40,000 per year.
71% of ALICE households are white. 31% are in the prime wage earning years of 45-64.
85% of New Jersey’s 560 towns have 20% of their population struggling to survive.
The study is based on data through 2012 and does not fully measure the impact that Superstorm Sandy had on New Jersey’s economy.Art Gallagher | Filed under: Economy, Monmouth County, New Jersey | Tags: ALICE report, Monmouth County, New Jersey, New Jersey Economy, United Way of Northern New Jersey, working poor | Comments Off
Reeling from casino closures, Atlantic City boosters attempt to change resort’s sub-Vegas reputation
Companies must register to participate; jobseekers do not
LINCROFT, NJ – Monmouth County will again offer employers and jobseekers the opportunity to connect at the Monmouth County Fall Job Fair scheduled for Friday, Sept. 19 at Brookdale Community College.
“Employers who have immediate job openings are invited to participate in Monmouth County’s Fall Job Fair,” said Freeholder Serena DiMaso, liaison to the Monmouth County Division of Workforce Development. “This will improve the probability that jobseekers will find employment by attending.”
The event is free for employers to reserve a table and for jobseekers to attend.
The 2014 Monmouth County Job Fair will be held from 10 a.m. to 1 p.m. Friday, Sept. 19 at the Collins Arena at Brookdale Community College, 765 Newman Springs Rd., Lincroft.admin | Filed under: Brookdale Community College, Economy, Monmouth County, Monmouth County Board of Freeholders, Press Release | Tags: Brookdale job fair, Freeholder Serena DiMaso, Job Fair, Monmouth County, Press Release | Comments Off
This past week, the New Jersey state Senate and Assembly both passed the “Opportunity to Compete Act,” which prohibits businesses with more than 14 employees from asking applicants to check a box to indicate whether they have been convicted of a crime. Additionally, businesses would be prohibited from asking first-time interviewees if they’ve been convicted of a crime.
It has been reported that NJ Governor Chris Christie’s office worked with the legislators on the language of the bill; thus, Christie is expected to sign the bill into law.
New Jersey is already one of the least business-friendly states in the United States. According to the Tax Foundation’s 2014 State Business Tax Climate Index, NJ was the 2nd least business-friendly state – based on over 100 criteria – and ranked at the bottom in income taxes, corporate taxes, sales tax and property tax. And this ranking does not account for the Democrat-controlled legislature’s zeal to increase the “millionaire’s tax” that affects far more people making less than a million dollars a year than people making more than that.admin | Filed under: Economy, NJ State Legislature, Opinion | Tags: Chris Christie, Joe Schilp, NJ State Legislature, Opinion, Opportunity to Compete Act | 6 Comments »