NJ economy

NJ diners, bars, and restaurants keep closing; inflation, staffing, and post-pandemic costs are to blame. See which beloved spots shut down.

Whether you're new to the Garden State or just ready for a change, these New Jersey towns stand out in 2025.

Wondering where people from New Jersey are moving? Here are the top 10 states attracting the most former NJ residents each year.

In the first quarter of 2025, New Jersey employers announced over 3,000 layoffs, alone.

At least two massive New Jersey corporations have now announced four rounds of layoffs in 2024.

CarePoint Health warned 2,600 staffers that they could be out of work, by December. Other large scale NJ layoffs have come from Bristol Myers Squibb and Pitney Bowes.

Prudential Financial, Ashley Stewart and Fresh Pro led the pack of companies laying off workers in New Jersey — while a grocer also was closing a store to make way for housing.

When New Jersey-based Bed, Bath and Beyond folded, it took its sister brands with it. Now, different new owners have plans to reopen a few of the stores customers have been missing.

The Nestle Beverage manufacturing facility in Freehold might face a grim future, according to recent communications with its employees.

The Knowles family, owners of The Manor, said the decision to shutdown in July had been a difficult deliberation. It's just the latest banquet hall to close after pandemic-spurred struggles.

Days after announcing that all Harmon stores were closing, Bed, Bath & Beyond has added 6 more of its flagship stores in New Jersey to the list.

After more than 14 years, Marilyn Schlossbach will turn over the Asbury Park oceanfront property to a different Jersey Shore restaurant group.