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1,600 Layoffs Coming In NJ Despite COVID-19 Job Recovery

UpdatedThu, Apr 22, 2021 at 1:04 pm ET Replies(71) New Jersey has recovered more than 50 percent of the jobs lost since the pandemic began, but the number of WARN notices continue to rise. (Shutterstock) NEW JERSEY New Jersey has recovered more than 50 percent of the jobs lost since the onset of the coronavirus pandemic, even as the number of new layoff notices filed in March increased by about 300 from February to March, according to the New Jersey Department of Labor. More than 1,600 layoffs are now planned in New Jersey over the next three months, according to the state Department of Labor (see list below).

Unemployment benefits cut short for more than 300,000 during pandemic, study says

Unemployment benefits cut short for more than 300,000 during pandemic, study says CNBC 5 hrs ago Greg Iacurci States generally pay extra weeks of unemployment benefits when their insured unemployment rate exceeds 5%. But this metric doesn t accurately reflect long-term unemployment, according to the California Policy Lab. More than 300,000 Americans in 33 states were prematurely cut off from benefits as a result, the group found. © Provided by CNBC Outdoor dining tents under constructions in Arlington, Virginia, on Feb. 5, 2021. More than 300,000 Americans lost unemployment benefits prematurely during the Covid pandemic, according to a study published Tuesday by the California Policy Lab. That s due to a way many states account for unemployed workers, which has understated the severity of the recession, the analysis said.

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