Category Archives: Employment

Another day another tax

From NJ101.5: WHY FEWER CHEAP FLIGHTS MIGHT BE FOUND AT NEWARK AIRPORT Your chances of finding a cheap flight out of Newark Liberty International Airport could soon go down dramatically. You may want to expand your search to John F. … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 103 Comments

Optimistic … but

From NJ101.5: HOW NJ BUSINESSES FEEL ABOUT ECONOMY, MINIMUM WAGE IN 2019 New Jersey businesses don’t really like much about the state in which they operate, but most expect an uptick in sales and profits in 2019, according to a … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 142 Comments

What’s more important, whether people have jobs, or what they get paid?

From NJ Patch: Approximately 1,000 NJ Jobs Will Be Gone By The New Year 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 … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 60 Comments

Jobs boom over, or room to run?

From Bloomberg: Will the U.S. Jobs Boom Last? The U.S. unemployment rate is at an almost 50-year low. Companies increasingly say that workers are hard to find. So how much longer can hiring keep up the pace of the past … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 29 Comments

The king falters

From the WSJ: New York’s Wealthiest Cut Losses as Manhattan Real Estate Falters When actor Brian Kerwin decided to sell his longtime Manhattan home—an 1880s Romanesque townhouse he and his late wife had carefully restored—he was hoping it would go … Continue reading

Posted in Demographics, Economics, Employment, New Development, NYC | 172 Comments

The big slow continues

From CNBC: Home price gains shrink to the lowest level since January 2017: September S&P Case-Shiller index Home values are still rising, but the gains have now shrunk to the lowest level since January 2017, as rising mortgage rates cut … Continue reading

Posted in Demographics, Economics, Employment, Mortgages, National Real Estate | 168 Comments

Yes, NJ is a manufacturing powerhouse

From ROINJ: Manufacturing is (hidden) gem of N.J. economy Manufacturing is not dying, it’s evolving. So said John Kennedy, the CEO of the New Jersey Manufacturing Extension Program, at a recent Financial Executives International meeting. “Manufacturing in New Jersey is … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 30 Comments

Sorry Jersey, not for you.

From Fortune: Long Island City Real Estate Booms After Amazon Announces New York Office, Report Says Though Amazon said it won’t begin hiring for its newly announced office in Queens, N.Y. until 2019, condo sales in the neighborhood are already … Continue reading

Posted in Economics, Employment, NYC | 32 Comments

How can the housing market be slowing?

From the NYT: Why the Housing Market Is Slumping Despite a Booming Economy These should be happy times for the housing sector. The economy is booming, with more people working at higher pay, and with the sizable millennial generation reaching … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 29 Comments

Monopoly for Millennials is making them mad

Given the weather and hellacious afternoon commute in store for us, I thought I’d post something entertaining. From Fortune: Millennials Tell Hasbro Just How Insulting ‘Monopoly for Millennials’ Really Is Hasbro has released a new game, “Monopoly for Millennials,” and … Continue reading

Posted in Demographics, Economics, Employment, Humor | 154 Comments

A better outcome for NNJ?

Is this actually the best result for NJ? Discuss. From the WSJ: New York City and Northern Virginia will be the homes for Amazon.com Inc.’s second and third headquarters, according to people familiar with the matter, ending a more than … Continue reading

Posted in Economics, Employment, North Jersey Real Estate, NYC | 161 Comments

Murphy, you want an innovation economy? Fix these.

From the APP: 3 reasons NJ lost out on Amazon HQ: Bhatti Here are the top three reasons New Jersey lost: 1. Too expensive for Amazon: Seven billion dollars of tax incentives wasn’t enough. New Jersey made national news when … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 129 Comments

A Manufacturing Comeback?

From NJBiz: CBRE: 2018 strong year for NJ manufacturing real estate Boosted by the sale of a Jersey City manufacturing property, the real estate services and investment firm CBRE is forecasting 2018 to be one of the strongest years for … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 79 Comments

Can NJ buy it’s way into a startup economy?

From the Star Ledger: Murphy’s risky plan to spark Jersey’s sagging economy Is New Jersey’s government smart enough to invest $250 million in venture capital projects, and come out a winner? Should a government that is not competent to run … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 127 Comments

The middle class was an anomaly

Great read from Ritholtz at Bloomberg: Why America Has a Two-Track Economy Which of these two scenarios describes the U.S. economy? No. 1. The economy is better than ever: The stock market is near a record high, wages are rising, … Continue reading

Posted in Economics, Employment, Housing Recovery, National Real Estate | 125 Comments