The Economic Redevelopment and Growth incentive program is aiming to assist the state out of the COVID-19 recession, triggered by mass business closures, cratering consumer spending and soaring unemployment.
Invest Newark launches region’s first land bank to revive and provide an equitable opportunity to the city’s abandoned properties
Mayor Ras Baraka and Invest Newark launched an initiative to improve the quality of life for Newark residents. The program will help boost the city's economy post-COVID by increasing homeownership and create affordable and market-rate housing.
“These variants are a very real threat to our people and our progress,” CDC Director Dr. Rochelle Walensky said during a March 1 White House press briefing. “Now is not the time to relax the critical safeguards that we know can stop the spread of COVID-19 in our communities, not when we are so close.”
COVID-19 vaccination program expanded to include educators, childcare workers, transportation and more
More frontline essential workers and high-risk groups are now eligible for their inoculations, keeping New Jersey moving forward toward its goal of vaccinating 70 percent of the eligible adult population.
Just two of the six regions across the state - the Northeast and Central East regions - marked “high” levels of activity as of Feb. 20, while the rest were moderate.
The longtime director of the state’s largest public worker union will depart on April 2. Earlier this week, she was named to the NJBIZ Power 100 2021 edition.
Unemployment claims continue to improve as state officials begin to slowly roll back business restrictions and ramp up the vaccine efforts. Data released Feb. 25 by the federal and state labor departments showed there were 10,041 or 10,776 unemployment claims for the week ending Feb. 20.
The 20-members will be charged with building a roadmap for transitioning the workforce into high-quality, family-sustaining clean energy jobs that will provide opportunities for all New Jerseyans.
The Economic Development Authority says it expects to provide $14 million to keep restaurants afloat hit hard by COVID-19 restrictions, reduced capacity, and overall consumer anxiety about the pandemic.
Just when Gov. Phil Murphy will further roll back restrictions on indoor dining remains up in the air thanks to a sluggish vaccine effort and unknowns with the presence of new COVID-19 variants.
The administration is hedging its bets that tax revenue will be buoyed by a robust economic recovery come next year.
Money from parking fees, dining and housing, conferences and events, and athletics has all evaporated because of bans on large gatherings, shifts to remote working and virtual learning, and widespread physical distancing has kept the majority of students and university staff off-campus.