Tag Archive for economy

Job Cuts Crashing Jersey Economy

ELIZABETH—Pike Machine Products In Elizabeth has announced it will lay off  71 workers by the end of January while Sears in Woodbridge advised 94 workers that they no longer have jobs, as soaring unemployment has its impact on the local…

Vas Calls For Corporate Tax Reforms

PERTH AMBOY – Citing newly released unemployment numbers, Assemblyman Joseph Vas said now is a vital time to amend and reform New Jersey’s antiquated and restrictive corporation business tax laws. Vas, the Assembly Commerce and Economic Development Committee chairman, noted…

Refueling New Jersey’s Economy

By Assemblyman Joseph Vas Over the past month, economic woes have become the central issue of concern, both locally globally, and of course nationally. With the interconnectivity of today’s global marketplace, this concern is more than justified.  What we do…