Employee training programs funded by government grants, such as the Opportunity4Jersey Training Grant Program, decrease the opportunity cost of obtaining additional education or training for workers and provide trained workers to employers. As a result of the increased training and lowered cost, frictional unemployment decreases. […]
It’s been a year since the most catastrophic natural disaster hit New Jersey, destroying homes, taking lives and dismantling the Jersey shore we all know and love. Although there is still a long way to go, there has been immense progress in restoring the shore. New Jersey residents banned together to help bring life back to the beaches, determined to show the world that we are stronger than the storm.
It has been theorized that strong unemployment insurance would result in relatively higher rates of unemployment. These benefits fuel frictional unemployment and essentially provide an incentive for people not to work. Of course this is not the case for everyone. […]
This year’s ballot asks voters to consider the first bond issue for higher education facilities in 24 years, and passage will undoubtedly bolster the state economy while helping reduce the future financial burden on our students and their families. […]