HomePoliticsMurphy says COVID-19 prevention efforts led to high unemployment rate

Murphy says COVID-19 prevention efforts led to high unemployment rate

At 7%, N.J. has one of highest rates in U.S., but governor is confident economy will rebound

Gov. Phil Murphy said the state’s unemployment rate — which, in October, was 49th in the country at 7% — is the result of the aggressive steps he took during the early stages of the pandemic.

“I think, if you look at our current unemployment rate, it is very similar to states that took steps that aggressively went after public health in similar levels of strength of steps,” he said.

Murphy did not name the states he had in mind. And, since every state took measures, it may be hard to quantify which states Murphy was talking about. However, October numbers from the U.S. Bureau of Labor Statistics showed that New York (6.9%) had a similar figure, with Connecticut coming in at 6.4% and Pennsylvania at 6%.

The states that have touted fewer restrictions had lower rates, with Texas coming in at 5% and Florida at 4.6%.

Murphy is confident the state’s unemployment number will continue to drop.

“We had achieved the lowest record unemployment level in the history of the state before the crisis,” he said. “I have every confidence we’re going to get back to that neighborhood.”

Unless, of course, there is another surge, based on the Delta and potentially Omicron variants.

Murphy said the state will benefit from the federal money that has come in.

“If nothing else, when you combine the American Rescue Plan money with the infrastructure money, with what hopefully will be another big investment bill coming out of Congress, I have every optimism that our economy is going to get fully back on its feet,” he said.

On Friday, Murphy announced plans to spend $700 million to stimulate growth and improve public health.

Related Articles

Farias named executive director and CEO of NJ Redevelopment Authority, succeeding Anderson

The New Jersey Redevelopment Authority (NJRA) board voted on March 16 to appoint Rose Farias as NJRA executive director and chief executive officer, effective...

Capacity appoints Sharma to chief information officer

North Brunswick-based Capacity LLC, a leading fulfillment and logistics provider for high-growth consumer brands, announced that Shatabdi Sharma has joined the company as chief...

Report says N.J. construction industry spending rose in 2025, forecasts continued growth in 2026

The Associated Construction Contractors of New Jersey (ACCNJ), in partnership with Otteau Valuation Group, released their MarketCAST report for Q4 2025, which showed total construction spending...

Somerset lease renewed by state electrical contractor association 

The New Jersey Independent Electrical Contractors Association (NJIEC) has renewed its lease on a 5,000-square-foot space at 20 Worlds Fair Drive in Somerset. Sheldon Gross...

Haven Savings Bank president and CEO Franconeri elected to NJBankers board

Hoboken-based Haven Savings Bank, which provides retail and commercial banking services to customers in Bergen, Union, Hudson, Morris, Passaic and Essex counties, announced that...

NJMEP awarded new five-year contract from NIST’s Hollings MEP program

The New Jersey Manufacturing Extension Program, Inc. (NJMEP) has been awarded a new five-year cooperative agreement from the National Institute of Standards and Technology’s...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...

ROI-NJ: Women of Inspiration – Dina Opici, president, Opici Family Distributing

A family tradition When Dina Opici enters the building and heads for her office at Opici Wines & Spirits in Glen Rock, New Jersey, she represents the fourth generation of the...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care...

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...