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After nearly 2 years expired, NJEDA reopening incentive program
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.
CDC chief warns against state reopenings as variants spread
“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.
Statewide pandemic falls to ‘moderate’ activity levels for first time in months
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.
CWA head Rosenstein to leave her post
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.
NJ pandemic jobless claims hitting new lows
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.
Murphy unveils picks for NJ ‘green economy’ council
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.
NJ to subsidize meals from 160 COVID-hit restaurants for neediest residents
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.
Murphy: Next step for indoor dining would be 35% to 50% capacity
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.
Despite Dem approval of Murphy budget, GOP warn of new taxes after election year
The administration is hedging its bets that tax revenue will be buoyed by a robust economic recovery come next year.
How Murphy budget proposes recovery to COVID-hit higher ed
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.
