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Thursday, February 03, 2011

 

NJ's newest job resource

Looking for jobs in New Jersey? Local job board network AllCountyJobs.com LLC has just released its latest site targeted to Garden State job seekers: NewJerseyJobShop.com.

The sites design is a bit of a departure from the company's other sites. It has a light airy feel with a very clean/white interface. The site is free for NJ job seekers. Users can upload your resume, get job alerts and browse many different job categories.

"We're proud to announce the latest addition to our job board family" says their CEO. The company now powers local job boards along the east coast from DC to Vermont.

New Jesery's unemployment rate is currently at 9.2% Hopefully with this new resource that will go down a little.

New Jersey Job Shop is located online at http://www.newjerseyjobshop.com/

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Sunday, August 16, 2009

 

New Jersey Jobs

Finding jobs in New Jersey became more difficult in June, according to the most recent data from the Bureau of Labor Statistics. During the month the state’s unemployment rate jumped 0.4 percent from May’s 8.8 percent to 9.2 percent. Although this is significantly higher than the 5.2 percent rate New Jersey experienced last year, it was still somewhat lower than the national average of 9.5 percent.

According to the New Jersey Department of Labor and Workforce Development, total non-farm employment in the state fell by 2,100 jobs in June. This shows that job declines have slowed somewhat since April, when the state lost 18,700 jobs.

Still, a large number of positions were lost in the state’s thee highest-paying areas of employment in June, according to NJBIZ.com. Combined employers in the information, financial activities, and professional and business services sectors did away with 4,700 jobs. Some experts believe that these important industries will have to begin to show signs of recovery before it will be possible for the rest of the job market to return to its previous health.

Since January of 2008 a total of 159,800 New Jersey jobs have been lost. The industry to lose the largest number of positions during this time period was the very important professional and business services sector. In around a year and a half employers in this industry did away with 48,700 positions.

During this time period the goods producing areas of employment also took a huge hit. Since money is now tighter for many Americans, many companies have decreased production. As a result of this, employers have had to cut staff members in order to keep their profit margins up. Altogether these industries lost 63,400 positions. Manufacturing saw the greatest decline, losing 33,700 jobs. The construction industry, hurt by the housing market slump, saw the loss of 29,800 jobs. Mining and logging, which added 100 positions, was the sector under this category to add jobs during the time period.

Aside from mining and logging, only three other areas of employment created new jobs in New Jersey between January 2008 and June 2009. The largest increase occurred in the education and health services sector, where employers added 12,000 new positions. The catch-all category other services followed, adding 3,000 positions. The government sector also created 900 new jobs.

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Wednesday, August 20, 2008

 

Roche to Create More New Jersey Jobs

One medical company is expanding and creating more New Jersey jobs.

Hoffmann-La Roche Inc., based in Nutley, N.J., is the U.S. pharmaceuticals headquarters of the Roche Group, one of the world’s leading research-oriented healthcare groups with core businesses in pharmaceuticals and diagnostics. The company is currently expanding its New Jersey facility, according to an article from the State of New Jersey.

For more than 100 years, Roche has been committed to developing innovative products and services that address prevention, diagnosis and treatment of diseases to enhance people's health and quality of life.

"New Jersey and Roche have a fruitful 80-year partnership that will continue to flourish," Governor Jon. S. Corzine said in the article. "We should be proud that this global pharmaceutical leader has reaffirmed its commitment by strengthening its R&D operations here in Nutley, which ultimately will provide good, high-paying jobs for our citizens."

The company invests more than $7 billion per year worldwide in pharmaceutical research and development, and recently relocated its commercial operations to California as a strategic business decision.

New Jersey employed 61,000 people in its medical and life-sciences companies during 2007, and the state saw a 6.4 percent increase in drug and pharmaceutical employment in 2006. New Jersey also ranks sixth in the number of people employed in testing labs with 35,900 jobs added in 2006.

"Reports of the state’s pharma industry withering on the vine couldn’t be further from the truth," Corzine added in the article. "New Jersey remains the ‘Medicine Chest of the World’ with 15 of the world’s top 25 pharmaceutical companies either having their U.S. or world headquarters, or major operations, in New Jersey and that includes Roche."

The HealthCare Institute of New Jersey recently released a study indicating the impact of the pharmaceutical industry on New Jersey's economy increased to $27 billion in 2007, up from $26 billion in 2006. The state also is home to 238 biotechnology companies, up from 226 in 2006.

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Monday, July 28, 2008

 

Finding New Jersey Jobs

Despite the fact that New Jersey’s jobless rate dropped slightly from 5.4 percent to 5.3 percent in June, the state continued to lose jobs in New Jersey as employers shed over 4,000 jobs. According to the state Labor and Workforce Development Department, the private sector, where all of the job losses occurred, did away with 4,100 positions. During the same time, public sector employers created 100 new job postings.

Labor Commissioner David Socolow believes that the circumstances of the state’s employment market are extremely similar to those being experienced on a national level for the last six months. To illustrate this, he pointed out that the total non-farm employment decline has caused the loss of 14,100 New Jersey jobs, which is a decrease of 0.35 percent, while the country has lost 438,000 positions, a 0.32 percent decrease.

For the most part, New Jersey’s employment losses happened in the manufacturing sector. The was attributed to a smaller demand for building products and home furnishings, which is to be expected considering the state of the housing market. This sector did away with 2,600 jobs in June. According to the state, another 1,000 jobs were lost due to the closure of trucking company Jevic Transportation.

These New Jersey job losses mark the end of the state’s employment expansion, says the New Jersey Business and Industry Association. The expansion began in March of 2003 and is assumed to have ended in December of 2007.

“It’s no longer a question of whether New Jersey is entering a downturn,” said president of the NJBIA Philip Kirschner. “We’re there. Any hope of a comeback in private-sector job growth this year has just about vanished with this report.”

Kirschner’s feelings toward the job market are in accord with Rutgers University’s latest economic forecast. According to the report, New Jersey has already been in a mild recession for the last six months and isn’t expected to recover until early 2010.

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