Economy

Ang Santos / WBGO

Governor Murphy says New Jersey should consider high wage innovation sectors that will bring the most jobs and investment into the state.  

“Clean energy, life sciences, advanced manufacturing, food and beverage, advanced transportation and logistics, information and high tech, film and digital media, and finance and insurance.”

Murphy hopes to create 300,000 new jobs by the year 2025.

A national survey by the Heldrich Center for Workforce Development at Rutgers finds that a majority of Americans believe the economy is improving, but they’re worried about future job prospects.

Carl Van Horn is the Center’s director. He says even though unemployment is low, 57 percent of those surveyed consider the federal government’s handling of the job situation as only fair or poor.

7 in 10 Americans are worried that the country is being run for the benefit of the rich rather than for workers.

Drawing on economic data and insights from business leaders, a consulting firm is suggesting ways New Jersey can improve its economy.

Steve van Kuiken is a senior partner at McKinsey and Company. He says helping high-growth biotech, cybersecurity, and warehousing and distribution businesses navigate regulations and increase their access to capital will help turbo-charge the state's economic growth.