From NJ Patch:
Some of the announcements came before the stock market plummeted on Tuesday, and talk of a possible recession arose. But the sting of about 1,000 layoffs coming to New Jersey will still hurt nonetheless.
New Jersey will have at least 1,311 layoffs within the next two months – 826 of which will come by Jan. 1. Much of the layoffs will happen in retail, where New Jersey has had a number of store closings this year, and in the health care industry.
Gov. Phil Murphy addressed the issue recently when he responded a report from The United Way that said more than 1 million families in New Jersey are “income-constrained” He said the assessment “proves beyond any doubt” the need for efforts to both grow the economy and make it more fair.
Murphy said his economic agenda has a clear focus on creating good new jobs and on expanding workforce development.
“But, we must also recommit to taking immediate action to raise New Jersey’s minimum wage and put it on a path to $15 an hour,” he said. “The Legislature has given its strong support in the past to raising the wage. I have never wavered in my commitment. We must make this a legislative priority and work to enact it before the end of the upcoming holidays. Economic stability would be among the best holiday gifts we could possibly give our ALICE families. We can, and must, deliver.”