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…

Corzine Outlines Economic Stimulus Plan

TRENTON – Gov. Jon Corzine outlined a plan to address the local effects of the global economic crisis in an address to a joint session of the Legislature on Oct. 16. The speech was carried live by NJN and is…

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…

NJ Republicans Call For Sales Tax Holiday

TRENTON – Republican lawmakers proposed a 50 percent reduction in the state sales tax this holiday season, saying it would help consumers and retailers in a worsening economy. The plan is backed by business advocates, including the National Federation of…

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…