Essex County saw the second-largest population change, with about 7,000 residents leaving. James W. Hughes, a professor at Rutgers University’s Edward J. Bloustein School of Planning and Public Policy, said Hudson County is going through a generational shift. He said...
Topic
James W. Hughes
NJ has regained nearly 90% of jobs lost to pandemic, and pay is rising too
February's jobs report was the strongest since last July and showed that New Jersey is making up ground. Through February, New Jersey recovered 89.9% of the jobs it lost in March and April of 2020, while the U.S. recovered 90.4%, according to Rutgers University...
How New Jersey Averted a Pandemic Financial Calamity
James W. Hughes, the former dean of the Edward J. Bloustein School of Planning and Public Policy of Rutgers University, said the state’s decision to turn to borrowing made sense at the time. “It’s so overused, but whatever the term is — unprecedented, uncharted waters...
COVID what’s next: Can NJ unemployment handle second-wave shutdown?
The Bergen Record reports on the impact on New Jersey with a second wave of unemployment quoting James W. Hughes. (subscriber access required) Bergen Record, August 11, 2020
COVID-19 is giving many New Jersey suburbs a big boost
Most sectors of the commercial real estate market in New Jersey have been badly hurt by the COVID-19 pandemic, but that’s not the case with residential real estate. It turns out home sales in many parts of the Garden State are doing great. According to Rutgers...
A long road back from the devastation of COVID-19
The recession caused by COVID-19 and the various actions taken to help mitigate the spread of the infectious virus has been devastating to the nation’s economy, and many economists are calling it the worst economic downturn since the Great Depression. The numbers bear...
COVID-19 is giving many New Jersey suburbs a big boost
Most sectors of the commercial real estate market in New Jersey have been badly hurt by the COVID-19 pandemic, but that’s not the case with residential real estate. It turns out home sales in many parts of the Garden State are doing great. According to Rutgers...
Missing unemployment checks, scarce jobs in coronavirus economy
Rutgers analyst James Hughes says the cultural and economic landscape’s been forever altered by the COVID-19 pandemic. He notes New Jersey’s still short 600,000 jobs lost to the lockdown. As for all the jobseekers, his new report sketches a bleak economic recovery...
N.J. has nation’s 2nd highest unemployment rate even as we reopen. What that means for our economy
New Jersey is the only state in the nation to see the number of new coronavirus cases drop in the last two weeks, but the pandemic’s financial impact continues to grow, according to a new Rutgers study. The economic freeze, fueled by...
The changing work habits caused by COVID-19 could give NJ suburban office space a boost
For nearly four months, a large chunk of New Jersey has been working from home. Now, even though the state’s reopening is on pause, employers are preparing for an eventual return to the workplace — and experts familiar with the North Jersey suburban office market are...