Companies engaged in high-tech data storage, processing and distribution would get an economic, "shot in the arm," under proposed legislation in Trenton.
Faced with high taxes and rising costs, corporate giant Mercedes-Benz is relocating its headquarters from Montvale, N.J. to Atlanta, Ga. The move means the loss of at least 1,000 jobs, and is the latest in a string of departures being blamed on the Garden State's unfriendly business climate.
The economy regained its balance in May, as employers have now recovered the same number of jobs that were lost in the Great Recession, but job creation for men continues its slow pace.
Job creation legislation sponsored by Assembly Democrats to cut through the bureaucracy strangling New Jersey small businesses was released today by an Assembly panel.
Legislation to spur job growth by providing bonus awards to certain businesses who hire people unemployed for more than 13 weeks was released 6-2-1 Thursday by an Assembly panel.