Economic & Recovery Update: News Release: 6/7/2022

June 7, 2022
Content Curated By Scott Goldstein
  • Gas prices in N.J. hit $5 per gallon on average for the first time.
  • N.J. Chamber joins alliance urging Biden administration to increase domestic oil production.
  • State Senate panel advances legislation that would establish tax credits, grants and subsidies for child care programs and parents.
Gas Prices in N.J. Hit $5 per Gallon on Average for the First Time
Prices have risen about 15% since March 14, when a gallon cost $4.32 on average. It’s nearly a $2 increase from this time last year, when a gallon of regular was $3.06. (
N.J. Chamber Joins Alliance Urging Biden Administration to Increase Domestic Oil Production
The N.J. Chamber of Commerce joined with more than 80 trade groups to urge the Biden administration to act on policies that support U.S. energy security and increase domestic production of natural gas and oil. The group outlined actions that the administration can take to help ensure accessible, affordable and reliable energy here in the U.S. (American Petroleum Institute)
Senate Panel Advances Legislation that Would Establish Tax Credits, Grants and Subsidies for Child Care Programs and Parents
Lawmakers on the Senate Health Committee on Monday unanimously advanced bills that would establish tax credits for child care, extend child care subsidies to more families, and establish grant programs to boost enrollment in early childhood education. (New Jersey Monitor)
The Polls are Now Open for Primary Day 2022 in New Jersey
Races for the major-party nominations for all 12 of the state’s seats in the U.S. House of Representatives top the ballot. There are also local races. Here’s what you need to know. (
On Election Day, Princeton University Renames a Building in Honor of a Woman who Personified Civic Engagement
Laura Wooten, who was recognized as the longest-serving election poll worker in U.S. history before her death in 2019 at the age of 98, will have the former Marx Hall renamed for her, effective July 1. Wooten, who was born in North Carolina in 1920, the same year women’s right to vote was ratified in the U.S., moved to Princeton as a young child at a time when the schools were segregated. She began volunteering at election polls after graduating high school in 1939 – and did so for 79 years. (ROI-NJ)
Long COVID Patients Find Recovery Elusive
Symptoms include a sudden, rapid heartbeat; dizziness;and shortness of breath. Doctors admit treatment options have been “limited,” but new studies show promise. (NJ Spotlight News)
N.J. Chamber's Diversity, Equity and Inclusion Webinar Series
June 15: Strategies to Support a Diverse Workforce
This conversation will offer recommendations to help build a talent pipeline, expand diversity and retain employees in a competitive market. For more information and to register for this free webinar on June 15, click here. (N.J. Chamber of Commerce)
Join the N.J. Chamber's Drive for Equality: Sign Up for Our 'Supplier Diversity Collaborative' and Work Towards Real Change
By signing your company's name to the N.J. Chamber's 'Supplier Diversity Collaborative,' you will strengthen the business community’s commitment to hiring a diverse group of suppliers and contractors. Expanding a commitment to working with New Jersey's minority-, women- and veteran-owned businesses is good for business on many levels. More information here. (N.J. Chamber of Commerce)
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. (
Were you forwarded this newsletter? For more information about the N.J. Chamber, email [email protected]
Business Resources
Reopening Playbook for Employers (U.S. Chamber of Commerce)
Vaccine Guide for Businesses (U.S. Chamber of Commerce)
Guide to Starting a Business in N.J. (New Jersey Business Action Center)
Jobs and Hiring Portal Job Seekers | Employers (State of N.J.)
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.
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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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