Business leaders: 'Let's reopen the economy on a regional basis.' N.J.'s unemployment rate hits lowest point during pandemic (it's still high). Some people who don't want to wait in MVC line will pay someone to wait for them.
Business Leaders: Let's Reopen the Economy on Regional Basis – "We are jeopardizing and worsening our economic crisis right now by not opening more businesses," NJ Chamber President Tom Bracken told the Assembly Commerce and Economic Development Committee yesterday. "The medical data simply does not justify the current pause we are in." (ROI-NJ)
N.J.’s Unemployment Rate Hits Lowest Point During Pandemic (It’s Still High) – New Jersey’s unemployment rate dropped to 13.8% in July, its lowest point since the start of the pandemic but still ranks among the highest since the state began tracking it in 1976. New Jersey’s highest unemployment rate came in June when it hit 16.8%. Last July, the unemployment rate was 3.3%. (NJBIZ)
Small Business Owners Respond to the Pandemic – Five small business owners explain how COVID-19 has affected their businesses, and how they have responded. Many have taken the challenge as an opportunity to find new ways to grow. (U.S. Chamber of Commerce)
The Race for a Vaccine – Johnson & Johnson plans to start a late-stage coronavirus vaccine trial in September with up to 60,000 people across nearly 180 locations worldwide. It would be the largest, late-stage trial of a potential coronavirus vaccine, the company confirmed. (CNBC)
Don’t Want to Wait in the MVC Line? There’s a Guy for That – Hundreds of people line up at state Motor Vehicle Commission offices to register their vehicles or renew their licenses. This is where people like Jeff Mauro come in. He wakes up early, and is paid $175 to hold a spot for another person when the office opens at 8 a.m. (News 12 New Jersey)
Small Counties to Get Coronavirus Aid – The state will send $37 million to 12 counties what were ineligible for direct federal coronavirus relief funding because their populations are below 500,000, Gov. Murphy announced yesterday. The 12 counties are Atlantic, Burlington, Cape May, Cumberland, Gloucester, Hunterdon, Mercer, Morris, Salem, Somerset, Sussex and Warren.
Releasing Inmates During a Pandemic – State Sen. Nellie Pou's bill, which would shorten the last year of a sentence for prisoners serving their full term, could free 3,500 inmates. Fifty N.J. Department of Corrections inmates have died from COVID-19. The Marshall Project reports New Jersey leads the nation with 29 such deaths per 100,000 inmates. Nearly 1,000 inmates have already gone home under an earlier executive order by Gov. Murphy, the DOC said. (NJ Spotlight)
Looking at Your Employee Benefit Plans for Next Year? – Find out how you can save with the Members Health Plan. The N.J. Chamber changed to this health plan in 2020 and saved 25%.
Buy From New Jersey Businesses – To promote the New Jersey Chamber of Commerce's ‘Buy NJ’ campaign, put this 'postcard' on your website and share it on social media with the hashtags #BuyNJ and #BuyLocalNJ.
Get Counted – New Jersey residents can respond to the 2020 Census to ensure the state gets its fair share of federal funding. The Census provides valuable data for businesses, including population trends, growth projections and demographic information. Spread the word! Respond to the Census.
N.J. Coronavirus Cases - New Jersey Residents
(Source: N.J. Health Department)
Total Confirmed Deaths Reported: 14,103, up from 14,097 yesterday
Total Positive COVID-19 Cases Reported: 188,527, up from 188,427 yesterday.
For data on hospitalizations and discharges, click here.
* Resources from NJ Chamber of Commerce