New Jersey firms with less than five employees added 18,266 jobs in 2009 and 2010, while firms with headcounts between five and 499 employees shed 145,816 jobs during those years, and large companies cut 108,681 positions.
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Latest Headlines
Orthobond exec sees value to N.J.’s incubators
Marc Burel was an executive with Orthocon Inc., a medical device maker, when he first saw the advantages of being in a state-owned incubator like the Commercialization Center for Innovative Technologies.
Read More »Lawmakers again consider allowing states to force online shops to charge sales tax
New Jersey retailers previously pressed for a state solution to the sales tax loophole for their online-only competitors, but that effort stopped when the Christie administration cut a deal with Amazon.com to collect the sales tax.
Read More »Christie says Washington will run N.J. health insurance exchange
Gov. Chris Christie today issued a letter to Kathleen Sebilieus, the secretary of health and human services, declaring New Jersey will opt to have a federally run health insurance exchange, instead of a partnership with the federal government.
Read More »After slight rebound, entry-level hiring falters at law firms
In response to an increasingly competitive market, law firms have pulled back on entry-level hiring for the fourth consecutive year, while summer associate employment remains far off pre-recession highs with a similarly bleak future ahead, according to a report by the National Association for Law Placement.
Read More »There she comes Miss America leaving Las Vegas
The celebrated pageant will return to Atlantic City in 2014, according to the governor's office, and it's hoped Miss America will bring a $30 million economic impact when she comes back to the Boardwalk.
Read More »N.J.’s quest to legalize sports bets heads back to court
A U.S. District judge is hearing arguments today on the constitutionality of a federal law that limits sports betting to four states.
Read More »Assembly sends minimum wage question to voters
Voters will have the final say on whether New Jersey’s minimum wage goes up.
Read More »Sandy put icing on the cake for solid year in N.J. hotels
More than $87 million in state hotel and motel occupancy fees was collected in 2012, compared to $80 million collected in 2011 and $75 million collected in 2010.
Read More »Manufacturers cheered as Obama builds support for industry
When President Barack Obama declared in his State of the Union speech that “Our first priority is making America a magnet for new jobs and manufacturing,” his words resonated with manufacturing advocates in New Jersey.
Read More »NJIT entrepreneurs work to patent needle technology
An entrepreneurial group of New Jersey Institute of Technology undergraduate students is one step closer to patenting and marketing painless needle technology after securing $6,000 in seed capital by winning two recent contests sponsored by Capital One Bank.
Read More »Sales accelerating at N.J. auto dealers as recession fades into rearview
New Jersey auto dealerships that weathered the past recession are seeing improved results that reflect the continued recovery of U.S. auto sales, said George E. Berry Jr., a partner in the Mironov Group, an Edison-based CPA firm specializing in accounting and consulting services for auto dealers.
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