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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.

 

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...

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...

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...

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...

Mega Millions Winning Numbers for October 24, 2014 for $224M Jackpot

Mega Millions Winning Numbers for October 24, 2014 for $224M Jackpot
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

We’re now looking at eighteen consecutive Mega Millions drawings without a grand prize winner.

That means the top prize that started out at $15 million on August 26 is s...

Ending Defined Benefit Plans Would Worsen New Jersey’s Pension Debt

Ending Defined Benefit Plans Would Worsen New Jersey’s Pension Debt
BY JON WHITEN
SPECIAL TO NEWJERSEYNEWSROOM.COM

Moving new employees out of defined benefit pension plans and into 401(k)-type retirement accounts would not reduce New Jersey’s crushing pension debt and ...

Winning Mega Millions Numbers for Friday, October 10, 2014 Worth $150 Million

Winning Mega Millions Numbers for Friday, October 10, 2014 Worth $150 Million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The Mega Millions jackpot is still on the move, and waiting for a winner.

Mega Millions did not have a top prize winner Tuesday night for the fourteenth consecutive time...

N.J. Cracks Down on Home Improvement Contractors

N.J. Cracks Down on Home Improvement Contractors
BY JEFF LAMM
SPECIAL TO NEWJERSEYNEWSROOM.COM

NEWARK – The New Jersey Division of Consumer Affairs today continued its crackdown on noncompliant home improvement contractors with the issuance of Notices...

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