107308107308What are the ripple effects of NJ’s unemployment crisis?A record number of unemployment claims have been filed, but is the state of good footing?2020-05-07 02:46 pmdisabled3042211305_bulLyWVHrgtrue
Robert Asaro-Angelo, the state’s labor commissioner, on Thursday said that the department has received an average of 155,000 new unemployment claims every week since the pandemic began. However, he reassured the public that the state is far from needing to dip into a federal unemployment trust fund.
So is the state on good footing? NJTV News Business Correspondent Rhonda Schaffler and NJ Spotlight budget and finance writer John Reitmeyer spoke with Senior Correspondent Briana Vannozzi for a deeper look.