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Forecast of July 2015—New Jersey: prospects for the long term
2015
The July 2015 R/ECON forecast shows more rapid growth for the state in 2015 than in 2014. Nonagricultural employment rose by 0.7 percent—or 27,700 jobs in 2014—after growth of 1.2 percent or 45,100 jobs in 2013. Growth will improve to 1.1 percent in 2015 and 2016 and then average 0.8 percent over the rest of the forecast period, which goes through 2045. At these rates the job base will return to the peak level reached in the first quarter of 2008 in mid-2017. By the end of the forecast period
doi:10.7282/t38c9z28
fatcat:kot6efb64vfqrfplgpqkihcxfe