The goal of the Economist’s Corner is to provide in-depth analysis of data for non-economists interested in understanding what’s happening in the Garden State. The Economist’s Corner is curated by the NJEDA’s Chief Economist Richard Kasmin.
For those interested in exploring New Jersey data even further, the Policy & Data Analytics team has created an interactive site for New Jersey’s key economic indicators. The data used for these applications is publicly available and can be downloaded below for further analysis.
Economist’s Corner: What’s Holding Back New Jersey’s Labor Supply?
Economists love their data, and for good reason. Data enables us to understand important issues such as what factors support economic growth, impact price inflation, and alter labor flows. Right now, many people are struggling to use data to answer one very important question: is overgenerous government support for unemployed workers hindering businesses from recruiting […]Read More >
Economist’s Corner – Women’s History Month
The pandemic has significantly decreased labor demand. From the outset of the pandemic through the end of 2020, prime-age employment (employment among people aged 25-54) fell by approximately…Read More >
Housing Market, Foreign Direct Investment, and GDP by County
To an economist, housing is like any other market: it’s about supply and demand. And while demand for New Jersey homes has swelled, supply has done quite the opposite. And, as a result, prices have surged higher.Read More >