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Money

N.J. Sore Spot: Long-Term Unemployment Remains Stubbornly High in State

N.J. Sore Spot: Long-Term Unemployment Remains Stubbornly High in State
BY JON WHITEN
SPECIAL TO NEWJERSEYNEWSROOM.COM

More than five years after the official end of the Great Recession, long-term unemployment remains at historically high levels in New Jersey, according to an Issue Brief released today by New Jersey Policy Perspective.

The Brief’s main findings:

* Nearly half (46.3 percent) of New Jersey’s unemployed residents have been out of work for six months or longer.

* This is the second highest share of all the states (after Florida) and more than double the percentage at the same point in the previous three economic recoveries.

 

3 Reasons Costco Closing New Jersey Store

3 Reasons Costco Closing New Jersey Store
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The large River Street Costco outlet in Hackensack will not be around the immediate area much longer.

Costco, which opened in Hackensack in 1994, is looking to move to T...

Mega Millions Winning Numbers for October 28, 2014 Worth $252M Jackpot

Mega Millions Winning Numbers for October 28, 2014 Worth $252M Jackpot
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Say it with me once: The Mega Millions lottery jackpot has just reached a quarter of a billion dollars.

Yes, 19 consecutive drawings without a top prize winner has Mega ...

Powerball Winning Numbers for Sat., Oct. 25 for $125M Jackpot

Powerball Winning Numbers for Sat., Oct. 25 for $125M Jackpot
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

New Jersey is now a part of two multi-state lottery games with jackpots that are well over $100 million.

The Mega Millions lottery top prize has been climbing since late...

Mega Millions Winning Numbers For Friday, October 17, 2014 Worth $180M

Mega Millions Winning Numbers For Friday, October 17, 2014 Worth $180M
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The Mega Millions lottery jackpot has reached its highest level in nearly two months.

Sixteen consecutive drawings have now taken place without a grand prize winner, put...

Who Bought Revel Casino and What’s Next?

Who Bought Revel Casino and What’s Next?
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

There’s life in the Revel Hotel Casino yet.

Revel went bankrupt for the second time in June, and shut its doors on Sept. 2. But the bankruptcy auction winner says the ca...

Mega Millions Winning Numbers for Tue., Oct. 21, 2014 Worth $200M

Mega Millions Winning Numbers for Tue., Oct. 21, 2014 Worth $200M
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The Mega Millions top prize is about to reach $200 million, for the first time in 8 months.

That jackpot prize cracked the $200 million mark in late February, on its way...

Powerball winning numbers for October 29 worth $142M

Powerball winning numbers for October 29 worth $142M
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The Powerball Lottery jackpot continues to rise, as both major lottery game jackpots in New Jersey remain over $100 million

A player from California won over $228 millio...

As Halloween Approaches the Market Gets Spooky

As Halloween Approaches the Market Gets Spooky
BY DAVID J. SEIBEL
SPECIAL TO NEWJERSEYNEWSROOM.COM

It would seem that the fall is a terrible time for the stock market. At least that’s what I keep hearing from the pundits. Out of the top twenty lar...

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