ChamberNews - January 5, 2024

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CHAMBER THE LATEST BUSINESS NEWS, OPPORTUNITIES, EVENTS AND ANNOUNCEMENTS JANUARY 5, 2023 ©/2024/SHCCNJ

New Year Familia! IN THIS ISSUE

NJ Labor Market Spotlight Morgan Stanley Academy NJ Family Care New Jersey Dreamers Employment Opportunities


ANNUAL VIDEO

2023

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Advancing Hispanics & Latinos Fellowship Program

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The Advancing Hispanics & Latinos Fellowship Program offers a five-week paid, full-time summer fellowship held in select JPMorgan Chase offices. The AHL Fellowship Program is seeking sophomore students, including, without limitation, Hispanic and Latino students, who are interested in exploring career opportunities at JPMorgan Chase.


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NJ BUSINESS BEAT WITH RAVEN SANTANA

LEGISLATIVE PRIORITIES FOR THE BUSINESS COMMUNITY Raven Santana talks to business community leaders about the economic outlook for New Jersey in 2024, how business owners feel about the state's efforts to support them and the legislative priorities for the business community next year.

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DE PARTMENT OF LABOR AND WORKFORCE DEVELOPMENT

COUNTY BRIEF:

LABOR MARKET FACTS The New Jersey Department of Labor and Workforce Development’s Division of Economic and Demographic Research Bureau of Labor Market Information have developed County Briefs – Labor Market Facts sheets for all 21 counties in the state. The Labor Market Facts sheets contain employment, wage, population, and business facts at the county level, as well as the name of the Labor Market Field Analyst assigned to the area. Analysts can be contacted for additional county information. Labor Market Facts are downloadable by individual county as well as for all 21 counties combined.

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DE PARTMENT OF LABOR AND WORKFORCE DEVELOPMENT

UNEMPLOYMENT RATES AND LABOR FORCE ESTIMATES This page contains estimates of the New Jersey labor force for Primary Metropolitan Statistical Areas (PMSAs), labor areas, counties, and municipalities. The data items include monthly estimates of labor force, employment, unemployment volume, and unemployment rate for historical and current year. These estimates are produced by the New Jersey Department of Labor and Workforce Development. Comparable labor force data for the United States can be obtained

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NJCU ENTERS NEW YEAR WITH MOMENTUM Following several notable announcements to close out 2023, New Jersey City University enters 2024 riding a wave of positive momentum. NJCU has been working out of a financial crisis that ensnared the Jersey City institution – resulting in a leadership change, tough budget cuts, rightsizing and the appointment of a state monitor this past August, which came in the wake of a state comptroller investigation and report. President Andres Acebo, who took the helm at the age of 37, has taken the challenge head-on and forged NJCU ahead.

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Dear Member, If you or your family get healthcare from NJ FamilyCare/Medicaid, we have important news about your benefits. NJ FamilyCare has returned to regular annual renewals. From April 1, 2023 to March 31, 2024, NJ FamilyCare will mail the first renewal packets since 2020 to its members. Please make sure your mailing address is up-to-date with NJ FamilyCare by calling 1-800-7010710 (TTY: 711). When you receive mail from NJ FamilyCare, make sure you follow the instructions and return your packet. If you have questions, visit nj.gov/StayCoveredNJ, or call 1800-701-0710 (TTY: 711). Since it is part of our mission at [organization name] to make sure you are as happy and healthy as possible, our staff can also help you – please contact [person or unit at your organization] at [contact email or phone number]. Your health is important – we want you to stay covered! There is also an NJ FamilyCare initiative called Cover All Kids that {members or other name of group participants} or their children may qualify for – it is for all income-eligible children, regardless of their immigration status.]"

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Fred Dominguez, 76, of Fairview, NJ, passed away on Sunday December 10, 2023. He is the beloved husband of Barbara Dominguez (nee Cruz), loving father of Barbara Vergel, her husband Christian, and J.E. Sile Dominguez II. Fred is the cherished grandfather of Christian Gabriel Flores II. In tribute to Fred Dominguez’s impactful work at Rising Tide Capital for more than 12 years, and in acknowledgement of the sweeping legacy he leaves behind, this fund aims to uplift the Dominguez family during this difficult time. Fred dedicated over a decade of his life to the mission and team at Rising Tide Capital, joining us in 2010 as the first Spanish Language CBA Instructor and Facilitator and then as the organization's Credit to Capital Specialist. Beyond his professional endeavors, Fred stood as a relentless advocate for the Latino community, radiating positivity and offering kind words to all. His enduring legacy lies in the immeasurable impact he had on those fortunate enough to have walked alongside him. We thank you for any measure of support you offer to those who love him and offer our deepest gratitude for your kindness. The Rising Tide Capital Family

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OFFICE OF RESEARCH AND INFORMATION

AN “AT-A-GLANCE” VIEW OF SELECTED ECONOMIC AND QUALITY OF LIFE INDICATORS

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