News

Unemployment Rate Rises Above 4% in New Jersey   “New Jersey’s unemployment numbers are very concerning,” Charles Steindel, former state chief economist, said in his analysis of the August jobs…

NJEDA Expands List of Qualified Venture Firms for Evergreen Fund   Three Additional Firms Can Now Leverage Up to $12.5M Annually to Invest in NJ-Based Companies The New Jersey Economic…

SBA Announces Call for Nominations for 2024 National Small Business Week Awards   WASHINGTON – Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33…

$425 Million in Additional Federal Fiscal Year Funding for NJ Transportation Projects   Gov. Phil Murphy announced that the Federal Highway Administration (FHWA) has awarded an additional $425 million in…

July 2023 Unemployment Morris County’s unemployment rate for July 2023 was 4.0%, up from 3.9% in June 2023 and 3.0% in July 2022. In July 2023, Morris County had the…

The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Construction Inflation Fund, which will provide grants for development projects experiencing increased construction costs and funding gaps…

County-Level Unemployment Data Updates for July 2023   The New Jersey Labor and Workforce Development Department has released updated County-level unemployment data for July 2023. To download the full Excel…

Total Factor Productivity Report for Industries – 2021   Total factor productivity–defined as output per unit of combined inputs–rose in 78 of the 86 4-digit NAICS manufacturing industries in 2021,…

JLL Reports Life Sciences Still Strong in NJ Amid New Office Needs   Life sciences companies remain a leading driver of commercial real estate in New Jersey, accounting for more…

Businesses Must Electronically File Form 8300, Report of Cash Payments Over $10,000 Beginning January 1, 2024   The Internal Revenue Service today announced that starting Jan. 1, 2024, businesses are…