Trenton Bureau
The “help wanted” signs seem to hang ubiquitously in storefronts, and job websites, newspapers and billboards feature opportunities to lure people back to work after COVID-19’s financial devastation.
Heading into a summer season that is crucial to New Jersey’s economy, the early stages of the pandemic recovery have produced a puzzling – and politically divisive – scenario.
There are plenty of jobs available, but not enough people filling them.
Job openings reached their highest level nationally in February, according to the U.S. Department of Labor. But hiring has been choppy, as evidenced in last week’s job report: 266,000 jobs were added last month, down from 770,000 in March.
The Congressional Budget Office (CBO) recently projected record-breaking growth in 2021, but in the same document, it also made an alarming prediction: The U.S. labor market will not fully recover until 2024. High unemployment and labor force dropout rates could persist and spawn a repeat of the “lost decade” and unequal recovery that followed the Great Recession. Workers suffering the greatest economic harm in the current crisis include people of color, low-wage earners in the service sector, women, and individuals with lower education levels
Avoiding another jobless recovery that leaves millions of Americans unemployed must be a top priority for policymakers at every level of government. The federal government must take action to avoid repeating the tragic experiences of the Great Recession era, when millions of people remained jobless for years, defaulted on loans, lost their homes, and fell into poverty. This report offers a set of recommendations for using job-generating in
Press Releases April 15, 2021, 9:59 am | in
Governor Murphy Announces Nominations for Port Authority of New York and New Jersey Board of Commissioners
TRENTON – Governor Murphy today announced his intent to nominate Michelle Richardson, Dana Martinotti, and Robert Menendez, Jr. to the Board of Commissioners of the Port Authority of New York and New Jersey. The Governor also announced his intent to re-nominate Commissioner Kevin McCabe.
“It is my pleasure to nominate this group of experienced and capable professionals to the Board of the Port Authority of New York and New Jersey,”
said Governor Murphy. “I know that Michelle, Dana, and Rob will continue and build upon the great work that Kevin and the other Commissioners have done over the years.”
These were the in-demand industries that survived the pandemic wobm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wobm.com Daily Mail and Mail on Sunday newspapers.