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Report: Growing national COVID cases could short-circuit New Jersey economic recovery

from NJBIZ

The increase of COVID-19 throughout the country could short-circuit New Jersey’s economic recovery, which began to rebound in May and June, according to a new Rutgers report. New Jersey followed April's record job losses with record gains in May and June. By June's end, New Jersey had gained 130,900 jobs, one-quarter of the total lost before the COVID-19 shutdown — about 536,400 fewer jobs in the state and 13.4 million nationwide, according to the report. more

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