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Democratic leaders of New Jersey's State Senate and State Assembly are expected to introduce today an ambitious economic package of numerous bills targeting job creation.
In response to a lagging economy, including 9.2% unemployment (October 2010) in the state, Senate President Steve Sweeney and Assembly Speaker Sheila Oliver will propose: (1) assistance for both small and large businesses; (2) changes to the tax structure; and (3) a jobs training program based on labor department efforts in Georgia. Some of the bills already exist. Others have yet to be written and/or sponsored.
Democratic leaders of New Jersey's State Senate and State Assembly are expected to introduce today an ambitious economic package of numerous bills targeting job creation.
In response to a lagging economy, including 9.2% unemployment (October 2010) in the state, Senate President Steve Sweeney and Assembly Speaker Sheila Oliver will propose: (1) assistance for both small and large businesses; (2) changes to the tax structure; and (3) a jobs training program based on labor department efforts in Georgia. Some of the bills already exist. Others have yet to be written and/or sponsored.
OMG I hope they don't base it on GA' program...it's worthless Our unemployment rate through out this mess has continued to hover at 10%, so I hope they do something better than the "GA program"...it's a sham created by the politico's. What it does is gives you 6 weeks of "training" - what that training really is, is OJT at some place for 20 hours a week for 6 weeks and if they don't hire you on a temp basis your done, if you do get a "job" it's only for a few months but enough to ********* out of any more UI.
OMG I hope they don't base it on GA' program...it's worthless Our unemployment rate through out this mess has continued to hover at 10%, so I hope they do something better than the "GA program"...it's a sham created by the politico's. What it does is gives you 6 weeks of "training" - what that training really is, is OJT at some place for 20 hours a week for 6 weeks and if they don't hire you on a temp basis your done, if you do get a "job" it's only for a few months but enough to ********* out of any more UI.
Here's the description of that part of the NJ program that appeared in the press:
Quote:
The key jobs creating piece of the Democratic leaders' proposal would establish Work Now NJ, which would enable unemployed job seekers to receive workplace training from a potential employer for up to 24 hours per week for up to six weeks and $600.
The program is based on the Georgia Department of Labor's Georgia Works. An "administrative assessment" fund, separate from the unemployment insurance trust fund, pays for Georgia's program. The assessment uses a percentage of the taxes the department collects from employers for work-force training.
I guess its success in New Jersey will depend on the state's administration of the "Work Now NJ" program with leaders of some of the major industries located here.
Wow - here's hoping NJ does a better job than GA with keeping people employed. NJ sponsors of this legislation need to know that in GA, for the most part, the program is considered a failure by the unemployed - and very detrimental due to loss of UI benefits. Pooh.
Wow - here's hoping NJ does a better job than GA with keeping people employed. NJ sponsors of this legislation need to know that in GA, for the most part, the program is considered a failure by the unemployed - and very detrimental due to loss of UI benefits. Pooh.
Two things that occur to me: (1) This jobs creation program is one of three pieces of the "Work Now NJ" program -- so perhaps the legislators believe such a program like its prototype in Georgia couldn't work on its own, but might have success as part of a larger package. In other words, they don't seem to be putting all their eggs in one basket here.
(2) New Jersey is a very wealthy state -- in terms of number of millionaire business owners/executives and types of large industry. But -- as in many other states -- the middle class has been hit very hard by this extended recession. I have to believe that the State Senators and Assemblypeople who are promoting this package would not have done so without prior promises of support from significant players in business.
But we'll just have to see -- if the package even gets passed by the Democratic legislature and then signed into law by the Republican Governor.
Well, diorgirl, I agree. NJ is a far more progressive state than GA with many large businesses near the capital epicenter of NYC and Wall Street - i.e., people there are sophisticated. Hopefully they will design and execute this program in an intelligent and effective manner. If this were done in Alabama or Mississippi or someplace like that - forget about it.
BusinessWeek.com is providing a bit more detail on the comprehensive "Back to Work NJ" program (which has also been identified as the "Work Now NJ" program) being proposed by the New Jersey State Legislature: the program includes about 30 bills that are intended to reform business tax codes, expand a business retention grant program, and allow unemployed people to train with a potential new employer without jeopardizing their benefits. The bills are expected to be debated and voted on through January 2011.
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Our unemployment rate through out this mess has continued to hover at 10%, so I hope they do something better than the "GA program"...it's a sham created by the politico's. What it does is gives you 6 weeks of "training" - what that training really is, is OJT at some place for 20 hours a week for 6 weeks and if they don't hire you on a temp basis your done, if you do get a "job" it's only for a few months but enough to ********* out of any more UI.
