Daily Archives: December 11, 2008

NJ and Business, Perfect Together pt. 2: Corzine Signs INVEST NJ Bill

On Tuesday December 9, Governor Jon S. Corzine signed the Invest NJ Bill to help create jobs and make it easier for businesses to make capital investments.

The plan has two components. The first provides a $3,000 grant to New Jersey businesses for each new job they create. That’s a significant help to a business that may be considering hiring a new worker with a $30,000 salary.

The second component provides a grant equal to seven percent of any qualified capital investment over $5,000 up and through January 1, 2011. So if a business needs to upgrades their computer system at a cost of $100,000 we will provide them with a $7,000 grant to help cover the costs.

If your business is interested in applying for one of these grants please contact the New Jersey Economic Development Authority at (609) 292-1800 or you can go to their website www.njeda.com.

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Filed under capital investments, Gov.Jon Corzine, INVEST NJ, Job creation, job growth, mid-size businesses, New Jersey, New Jersey Economic Development Authority, small businesses

NJ and Business, Perfect Together pt. 2: Corzine Signs INVEST NJ Bill

On Tuesday December 9, Governor Jon S. Corzine signed the Invest NJ Bill to help create jobs and make it easier for businesses to make capital investments.

The plan has two components. The first provides a $3,000 grant to New Jersey businesses for each new job they create. That’s a significant help to a business that may be considering hiring a new worker with a $30,000 salary.

The second component provides a grant equal to seven percent of any qualified capital investment over $5,000 up and through January 1, 2011. So if a business needs to upgrades their computer system at a cost of $100,000 we will provide them with a $7,000 grant to help cover the costs.

If your business is interested in applying for one of these grants please contact the New Jersey Economic Development Authority at (609) 292-1800 or you can go to their website www.njeda.com.

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Filed under capital investments, Gov.Jon Corzine, INVEST NJ, Job creation, job growth, mid-size businesses, New Jersey, New Jersey Economic Development Authority, small businesses

NJ and Business, Perfect Together pt. 1

Assembly members Linda R. Greenstein and Joseph Vas (both D- Middlesex) discuss the enactment of the “Invest New Jersey Business Grant Program,” (A-3294) that would expand and improve the state’s job growth and business retention grant programs by providing small and mid-size businesses with grants of $3,000 for each new job they create.

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Filed under Assemblyman Joseph Vas, Assemblywoman Linda R. Greenstein, Invest New Jersey Business Grant Program, job growth, Jon Corzine, med-size businesses, New Jersey, small businesses

NJ and Business, Perfect Together pt. 1

Assembly members Linda R. Greenstein and Joseph Vas (both D- Middlesex) discuss the enactment of the “Invest New Jersey Business Grant Program,” (A-3294) that would expand and improve the state’s job growth and business retention grant programs by providing small and mid-size businesses with grants of $3,000 for each new job they create.

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Filed under Assemblyman Joseph Vas, Assemblywoman Linda R. Greenstein, Invest New Jersey Business Grant Program, job growth, Jon Corzine, med-size businesses, New Jersey, small businesses

>New unemployment claims hit 26-year high

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The Labor Department reports this morning show new claims for unemployment benefits hit 573,000 last week, the highest level in 26 years. The number of people continuing to claim jobless benefits also “jumped much more than expected, increasing by 338,000 to 4.4 million. Economists expected a small increase to 4.1 million. … The increase in continuing claims was the largest jump since November 1974.”

-Think Progress

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Filed under jobless benefits, Labor Department, unemployment benefits, unemployment rate

New unemployment claims hit 26-year high

The Labor Department reports this morning show new claims for unemployment benefits hit 573,000 last week, the highest level in 26 years. The number of people continuing to claim jobless benefits also “jumped much more than expected, increasing by 338,000 to 4.4 million. Economists expected a small increase to 4.1 million. … The increase in continuing claims was the largest jump since November 1974.”

-Think Progress

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Filed under jobless benefits, Labor Department, unemployment benefits, unemployment rate