Forbes took a look at the best and worst business climates nationwide recently, and as far as New Jersey was concerned, you could say “the house lost.”
In fact, on the list of Best Places for Business and Careers, Atlantic City ranked dead last among the 200 largest metro areas in the country. It was the second consecutive year the South Jersey gambling mecca finished last, too.
The entire survey dealt a tough hand to the Garden State. Forbes examined metro areas in terms of cost of business, job growth and education, and no region in New Jersey could crack the top 80.
In fact, only two could boast that they made even the top half of the rankings: Edison finished 82nd, while Mercer County was 94th.
Newark ranked 125th and Camden ranked 169th.
Then there was Atlantic City bringing up the rear. Recent news of casino closings and potential closings isn’t going to help the city as it tries to avoid a three-peat, either.
Forbes called A.C.’s numbers “bleak” as the city ranked 179th out of 200 in cost of business and 197th in job growth, as well as 142nd in education. “High business costs and an uneducated labor supply are a bad combination for businesses,” Forbes added.
Raleigh, N.C., finished first on the list.
Not all the news was bad for the Garden State, however. Two areas made Forbes’ related list of the Best Small Places for Business and Careers: Ocean City, ranked 98th out of 184, and Vineland, ranked 182nd.
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