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Getting it wrong on jobs and employment

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Marcus & Millichap complete sale of $1.22 apartment building

By Emily Bader
October 23, 2017 12:50 PM

Marcus & Millichap announced recently the sale of a multifamily property in West New York for $1.22 million, according to Brian C. Hosey, regional manager of the firm's New Jersey office. CONTINUE READING

Peapack-Gladstone Bank appoints SVP, capital markets

By NJBIZ STAFF
October 23, 2017 12:57 PM

Bedminster-based Peapack-Gladstone Financial Corp. and Peapack-Gladstone Bank announced a new member to the team of private bankers at Peapack Capital, a subsidiary of of the bank which focuses on equipment finance and leasing. CONTINUE READING

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Hampshire Cos. opens storage facility in Westwood

By Mario Marroquin
October 20, 2017 11:16 AM

The Hampshire Companies and Westwood Realty recently celebrated the ceremonial ribbon cutting of its 37 Extra Space Storage facility in Westwood. The facility, a 100,000-square-foot, 916-unit self storage property located at 15 Madison Ave., was opened by Westwood Mayor John Birkner Jr. and Council President Chris Montana. CONTINUE READING

Marcus & Millichap completes multifamily property sale in Camden

By Mario Marroquin
October 20, 2017 10:27 AM

Commercial brokerage Marcus & Millichap recently announced it has completed the sale of a 392-unit multifamily property in Camden. CONTINUE READING

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This could be an interesting footnote in next month’s jobs report.

The Star-Ledger is reporting that “aggressive actions” cost some 400 New Jersey residents part-time jobs doing cleanup work necessitated by Sandy. The story doesn’t say what threatening actions the workers took, but we can safely assume it involved guns, since it happened in Newark.

Actually, it sounds more like the company doing the hiring, Command Center Inc., might be at fault here. Newark is starved for employment; the last time a major employer held an open call for jobs, thousands swarmed downtown for a chance to work at the Prudential Center. You’d think the company would have a real plan in place for dealing with a crush of desperate job seekers, but the story reports that the plan was basically to have applicants line up along Broad Street in front of the YMCA.

The company’s from Idaho, so executives probably aren’t used to seeing a thousand people all in one place; after all, the cows outnumber the people by a four-to-one margin. So why it got a contract like this is mystifying, especially when a local firm probably could have put together a better plan than lining up on a busy street in the cold and taking a number.

Instead, hundreds of potential jobs have been canceled, and storm cleanup will probably drag as slowly as a JCP&L truck, literally killing two birds with one stone. Hopefully next time, we’re smart enough to nurse them back to health, instead.

I’m even more irreverent on Twitter @joe_arney.

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Getting it wrong on jobs and employment

By

Back to Top Comments Email Print

Latest News

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This could be an interesting footnote in next month’s jobs report.

The Star-Ledger is reporting that “aggressive actions” cost some 400 New Jersey residents part-time jobs doing cleanup work necessitated by Sandy. The story doesn’t say what threatening actions the workers took, but we can safely assume it involved guns, since it happened in Newark.

Actually, it sounds more like the company doing the hiring, Command Center Inc., might be at fault here. Newark is starved for employment; the last time a major employer held an open call for jobs, thousands swarmed downtown for a chance to work at the Prudential Center. You’d think the company would have a real plan in place for dealing with a crush of desperate job seekers, but the story reports that the plan was basically to have applicants line up along Broad Street in front of the YMCA.

The company’s from Idaho, so executives probably aren’t used to seeing a thousand people all in one place; after all, the cows outnumber the people by a four-to-one margin. So why it got a contract like this is mystifying, especially when a local firm probably could have put together a better plan than lining up on a busy street in the cold and taking a number.

Instead, hundreds of potential jobs have been canceled, and storm cleanup will probably drag as slowly as a JCP&L truck, literally killing two birds with one stone. Hopefully next time, we’re smart enough to nurse them back to health, instead.

I’m even more irreverent on Twitter @joe_arney.

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