Economic & Recovery Update: News Release 8/2/2022

August 2, 2022
Content Curated By Scott Goldstein
  • Gov. Murphy tells top fed: NYC congestion pricing is not going to happen if N.J. is ‘double taxed.’
  • Labor shortage persists: U.S. job openings slid to a still-high 10.7 million in June.
  • They broke ground on a new Portal Bridge. Now see what it will look like. 
Gov. Murphy Tells Top Fed: NYC Congestion Pricing is Not Going to Happen if N.J. is ‘Double Taxed’
New York City’s congestion pricing plan to charge drivers a fee to drive into midtown Manhattan got a public rebuke Monday from Gov. Phil Murphy, who told U.S. Transportation Secretary Pete Buttigieg “no way it will happen” if New Jersey commuters have to pay a congestion fee and tolls to cross the Hudson River. (
Labor Shortage Persists: U.S. Job Openings Slid to a Still-High 10.7 Million in June
U.S. employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates. Job openings fell to a still-high 10.7 million in June from 11.3 million in May, the Labor Department said Tuesday. The job market has been resilient so far this year, and companies have complained that it is hard to fill open positions. (The Associated Press)
They Broke Ground on a New Portal Bridge. Now See What it Will Look Like.
See animation on what the new Portal Bridge over the Hackensack River will eventually look like. It will replace the outdated swing bridge infamous for getting stuck when it would lift for boats to pass. The bridge, used by Amtrak and NJ Transit trains, often caused major delays for the average 200,000 daily commuters between New Jersey and New York City. (CBS New York)
A Guide to Public Relations for Small Businesses in Crisis
In a crisis, it’s important to keep clear lines of communication, craft credible talking points and share an action plan that makes customers feel reassured. Here is a guide. (U.S. Chamber of Commerce)
KPMG LLP proudly celebrates
100 years in Short Hills!
Our first New Jersey office opened its doors in Newark in 1922. Today, our more than 950 professionals are proud to be a part of New Jersey’s growth and success.
KPMG also celebrates our 125th anniversary on August 2 through our commitment to local communities across the country. In New Jersey, our people are volunteering for community projects and partnering with local not-for-profit organizations.
Short Hills 100th Anniversary
51 John F. Kennedy Parkway 
Short Hills, NJ 07078
© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. NDP354866-1A
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
Vaccine Guide for Businesses (U.S. Chamber of Commerce)
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.
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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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