"April 28, 2021 Focus NJ today released a review of New Jersey’s economy for 2020, detailing record high unemployment rates and unemployment claims, as well as a historic contraction in the ..."
"From the lowest unemployment rates in recorded history in 2019 to the highest in 2020, New Jersey’s workforce experienced a turbulent year. Forget the Great Recession, economists have compared 2020 ..."
"Although every industry in New Jersey has experienced hardships because of the historic economic fallout from the COVID-19 pandemic, the leisure & hospitality industry and its workers have been ..."
"Like many New Jersey industries, the integration of technology and artificial intelligence (AI) continues to play a major role in the transformation of the trade, transportation & utilities ..."
"Advancements in technology have eliminated geographic boundaries for many professional & business services. While technology and business systems are evolving rapidly, organizations are having ..."
"Nearly half of business owners anticipate it will take 10 months or longer to generate revenues comparable to pre-COVID profits, while nearly 12% say they will never make up for those missed ..."
"Executive Summary The Paycheck Protection Program (PPP) was enacted on March 27, 2020 through the CARES Act to alleviate economic strain caused by COVID-19. PPP loans are available to small ..."
"June 4, 2020 A Focus NJ analysis of the Paycheck Protection Program (PPP) finds that New Jersey small businesses greatly improved their access to federal funding in Round 2 of the program, after a ..."
"Moving from now to next requires more than just innovative thinking. You need to understand what the research and data is telling you first, before the door to insightful solutions opens. For the ..."