BUSINESS REPORT

New Jersey’s economy rebounds

BY Rhonda Schaffler, Correspondent |

New Jersey’s economy is performing better than its neighboring states, reversing recent trends. The GDP report also shows the state’s economy bounced back from some weakness earlier in the year.

The latest report on hiring showed job creation slowed in December but unemployment remains at historic lows.

The chancellor of Rutgers University-Camden, Phoebe Haddon, has been tapped to chair the board of directors of the Federal Reserve Bank of Philadelphia.

In August, Haddon appeared in NJTV’s Summer Fridays digital series. The videos aim to inspire through the stories of successful Jersey entrepreneurs.