Archive for Business

New Jersey’s Future?

The New Jersey Economic and Fiscal Policy Workgroup recently released its report Path to Progress that details certain changes to pensions, retiree health benefits, local governmental services, and business transactions which will, in theory, allow the state to resume fiscal solvency. To say some of these proposals are controversial is quite the understatement; please come here to read a summary of the recommendations and how they might impact you. NJ Spotlight also contains an excellent overview of the contents of this report; here is NJEA’s response to the plan. Contrast this report with Blueprint for Economic Justice and Shared Prosperity from New Jersey Policy Perspective.

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Getting a College Degree Does Matter

The Census Bureau has just released some charts showing the wage differences between those without a college degree and those with one. The annual median earnings gap is quite large in many of the hundreds of occupations listed. These tables also show that the wage-gap between men and women is real and still exists in all manner of employment.

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Cryptocurrency Regulations

Of late, cryptocurrency has been a topic that one cannot avoid. The Law Library of Congress has issued a survey of how various countries oversee this exchange medium. A brief overview with links to enabling legislation and commentaries are provided for each entry; more detailed examinations of selected countries are found at its Regulation of Cryptocurrency in Selected Jurisdictions.

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Jersey City’s Amazon HQ2 Proposal

Although Jersey City did not make the final cut as one of the cities to house HQ2, you can still read its proposal and find out what the city stated that it would do to accommodate Amazon, and why Amazon should have considered Jersey City.

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Latest Kmart/Sears Stores Closings

The complete list is here; there is one closure in the Garden State, two in the Empire State.

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2018 Fortune 500

There has certainly been a lot of volatility in this year’s listings   reflecting in part the tumultuous roller coaster that is the stock market. Major takeaways are be seen here. There are many filters to this ranking; here are two important ones. Each company on the list has a brief, informative profile.

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What Percentage of the American Workforce Possesses a Nondegree Certificate?

The latest figures from 2016 are outlined in this data point – Degree and nondegree credentials held by labor force participants (issued March 2018). Fully 31% of the labor force has a nondegree certificate.

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