Economic Recovery & Reopening Update: 1/5/2022

 
NJ Chamber
Economic Recovery & Reopening Update
 
 
January 5, 2022
 
Content Curated By Scott Goldstein
 
INSIDE TODAY'S UPDATE
 
  • N.J. businesses are throttled by omicron as workers catch COVID-19.
 
  • COVID-19 hospitalizations are still spiking, but patients are recovering faster than in previous waves.
 
  • Booster shots now required for Rutgers students and staff.
 
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'We're Living in Wild Times': New Jersey Businesses are Throttled by Omicron as Workers Catch COVID-19
The Jersey Shore economy is taking two steps back as another wave of COVID-19 washes over the region. Hospitals and nursing homes are bracing for a third of their staff to be out sick at any moment. Companies that planned to move back to the office are staying remote. And restaurant owners, already struggling to find help, are falling ill themselves. Omicron "is a significant problem to the health and welfare of our citizens, and a significant problem to the health and welfare of the economy," said N.J. Chamber CEO Tom Bracken. "The key is to get people vaccinated, to get boosters, and to wear masks." (mycentraljersey.com)
 
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New Jersey COVID-19 Hospitalizations are Spiking, but Patients are Recovering Faster than in Previous Waves
COVID-19 cases are spiking and health officials warn of unprecedented staff shortages, but there is some good news: Those hospitalized during this wave of the pandemic, the omicron wave, are likely to spend less time in the hospital – five to eight days, compared with 10 to 15 in previous waves. They're less likely to need intensive care or a ventilator. “The only silver lining in this is that the patients are not as sick,” said Dr. Robert Brenner, president for clinical integration and physician enterprise at Valley Health System, where in the last six weeks the number of COVID-19 patients spiked from three to 122. “They’re coming in quicker, getting sick quicker, getting better quicker and going home.” (northjersey.com)
 
Booster Shots Now Required for Rutgers Students and Staff
Rutgers University announced Tuesday that students and employees are required to get COVID-19 booster shots as soon as possible. The new requirement is among several changes the school is making ahead of the spring semester, which begins Jan. 18, because of the spread of the omicron variant. Students must prove they’ve been boosted by Jan. 31. Princeton University announced a similar requirement last week. (WHYY)
 
A Look at the CDC Guidance on Isolation and Quarantine
The CDC's guidance, updated Dec. 29, says individuals who test positive for COVID-19 and whose symptoms are resolving need only isolate for five days as long as they continue to wear masks for an additional five days. And for individuals exposed to the virus who are unvaccinated or are not yet boosted, the CDC recommends that they quarantine for five days and wear masks for another five days. The CDC also said boosted Americans could return to work after exposure but that they should wear a mask for 10 days. (Politico)
 
NJ Courts are Chipping Away at Backlog but COVID-19 isn't Helping
In March 2020 – before courts moved all proceedings to virtual due to the pandemic – New Jersey’s judiciary reported 23,917 backlogged cases. That count ballooned to 97,032 in September 2021. It was down to 94,963 in November. (New Jersey Monitor)
 
Deadline is Today to Apply for FEMA Relief Related to Ida
As of Tuesday, the federal agency has approved almost $214 million in Tropical Storm Ida disaster relief. But some New Jerseyans say they are having trouble getting the funds they need. The deadline is Wednesday, Jan. 5, to submit applications. (NJ Spotlight News)
 
The N.J. Chamber's Walk to Washington is Cancelled — to be Recast as 'ReNew Jersey Business Summit' in Atlantic City
The New Jersey Chamber of Commerce announced that its Walk to Washington networking train trip will be recast as the ReNew Jersey Business Summit, to be held April 13-14 at Borgata in Atlantic City, due to lingering concerns about COVID-19. The announcement marks the second consecutive year that the Walk to Washington, the state’s largest business networking event, has been canceled due to the pandemic. Chamber officials said they intend to resume the annual train trip in 2023. (ROI-NJ)
 
Looking to Get Vaccinated? Here's an Easy Way to Find COVID-19 Vaccines Near You.
Just punch in your area code. You can even search for a specific vaccine. (vaccines.gov)
 
Were you forwarded this newsletter? For more information about the N.J. Chamber, email [email protected]
 
Business Resources
 
 
 
State & Federal Financial Assistance (U.S. Chamber of Commerce)
 
Reopening Playbook for Employers (U.S. Chamber of Commerce)
 
Vaccine Guide for Businesses (U.S. Chamber of Commerce)
 
 
 
Jobs and Hiring Portal Job Seekers | Employers (State of N.J.)
 
 
Guide to Starting a Business in N.J. (New Jersey Business Action Center)
 
The Best Tool for Your Business - Membership in the N.J. Chamber
 
The N.J. Chamber provides members with guest speakers, webinars, networking opportunities and discount programs that help businesses grow. The N.J. Chamber also advocates for pro-growth and pro-business legislation.
 
 
N.J. Coronavirus Cases
 
 
Total Confirmed Deaths Reported: 26,354
 
Total Confirmed COVID-19 Cases Reported: 1,474,871
 
Fully Vaccinated People in N.J.: 6,443,978
 
 
You are welcome to share this newsletter via email, social media or on your organization's website. Please credit the New Jersey Chamber of Commerce with a link to http://njchamber.com.
 
The New Jersey Chamber of Commerce is staying on top of pandemic and economic recovery developments. For news media requests, please email Scott Goldstein.
 
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