NJ Chamber Insider News Release: 10/24/2024

New Jersey Chamber of Commerce

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New Jersey Chamber Insider

Business News, Advice and Trends

October 24, 2024

Content Curated By Scott Goldstein

 

Today's Highlights

  • Gov. Murphy to make five-day economic mission trip to United Kingdom.

 

  • New Jersey drought turns severe in more areas - with warnings issued.

 

  • US applications for jobless benefits fall, but continuing claims rise to highest level since 2021.

Gov. Murphy to make five-day economic mission trip to United Kingdom

Gov. Phil Murphy will lead a delegation of industry and government leaders on an economic mission to the United Kingdom, Nov. 7 to 11, that will include stops in London and Cambridge, it was announced Wednesday. The trip, which aims to promote the state’s technology and life science sectors, will be organized and sponsored by Choose New Jersey. The delegation will include first lady Tammy Murphy, Choose New Jersey CEO Wes Mathews and N.J. Economic Development Authority CEO Tim Sullivan. (ROI-NJ)

 

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New Jersey drought turns severe in more areas – with warnings issued

New Jersey’s drought situation has turned more dire during the past week, with 69% of the state now experiencing moderate drought conditions and almost a third of the state in a severe drought. The combination of extremely dry brush, low humidity and gusty winds expected this afternoon has sparked a red flag fire warning in 11 counties. Last week, the drought situation prompted Gov. Phil Murphy’s office to declare a drought watch and ask residents and businesses across the state to voluntarily conserve water. (nj.com)

 

US applications for jobless benefits fall, but continuing claims rise to highest level since 2021

The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years. The Labor Department reported that applications for jobless claims fell by by 15,000 to 227,000 for the week of Oct. 19. That’s less than the 241,000 analysts forecast. Continuing claims, the total number of Americans collecting jobless benefits, rose by 28,000 to 1.9 million for the week of Oct. 12. That’s the most since November 13, 2021. (The Associated Press)

 

9 AI tools that generate content for businesses (besides ChatGPT)

These artificial intelligence-powered tools can help small businesses tackle blog and social media writing, graphic design, and audio/video content. (U.S. Chamber of Commerce)

 

Women of Inspiration Awards and Networking - Oct. 24 in East Windor

It's Tonight! NJ Chamber of Commerce to honor 12 women business leaders at special networking reception

Join us tonight, Oct. 24, as the N.J. Chamber celebrates 12 remarkable women whose talent and dedication have created economic opportunities and made New Jersey a better place to live and work. These inspiring leaders will be honored at the '2024 Women of Inspiration Awards Reception,' held at the National Conference Center in East Windsor. Don’t miss this special event. Register here. (N.J. Chamber of Commerce)

 

Businesses can help make Thanksgiving brighter for military families

Because every dollar of every donation to Food Warriors goes directly to buying food for military families, all it takes to provide a complete Thanksgiving meal for one family is $10. The $10 donation goes completely to buying the full Thanksgiving meal consisting of a 10- to 12-pound turkey, stuffing, potatoes, gravy, cranberry sauce, string beans, mushroom soup, French fried onion rings, sweet potatoes, corn muffin mix, pumpkin pie filling with pie crust and Hawaiian rolls. More info here. (ROI-NJ)

 

Fall Reporters Forum - Oct. 29

Join us for a breakdown of presidential & congressional races – and a hard look at state economic issues

Join us for this virtual event at 9 a.m. on Oct. 29 when top New Jersey news reporters discuss the upcoming Presidential and Congressional elections and their potential impact on the state's business climate. Other key topics include state tax policy, the Hudson River Tunnel project, efforts to lure the 76ers to Camden, and the race for New Jersey's next governor. Complimentary registration is available here. (N.J. Chamber of Commerce)

 

Champions of the C-Suite Awards - Dec. 4

Outstanding leaders in New Jersey: ROI-NJ releases full list of executives named to its '2024 Champions of the C-Suite'

ROI-NJ announced its list of the Top 140 business leaders in New Jersey, an exceptional group representing every region. The leaders will be recognized at the 2nd annual 'Champions of the C-Suite' Gala Dec. 4 at the Hanover Manor, East Hanover. The N.J. Chamber is proud to serve as the event planner. Click here for the list of honorees and info on the gala. (ROI-NJ)

 

Walk to Washington - Feb. 6-7, 2025

Get a ticket. Get a sponsorship. Get a room. The Walk to Washington is back – with more networking 

The Walk to Washington returns Feb. 6 & 7, with major enhancements. Following a 5-year hiatus, the 84th version of the iconic event will feature more networking – and fewer speeches. This unique affair consists of 900 N.J. leaders traveling to Washington D.C. on a chartered Amtrak train that picks up guests in Newark, Metropark, New Brunswick, Trenton, Philadelphia and Wilmington, Del. Sponsorship opportunities, event registration and information are here. (N.J. Chamber of Commerce)

Cornerstone NJ Member News

JPMorganChase making $1.14 million investment to help spur more home ownership in Newark

JPMorgan Chase, in a continuing effort to increase home ownership across the state, will announce today it is making a $1.1 million investment to eight nonprofit organizations to help Increase and preserve the state’s affordable housing supply and support people on the path to homeownership. The investment is primarily targeted to Newark's Clinton Hill neighborhood. (ROI-NJ)

 

Amazon donates $10K to Great Falls Military Assistance Pantry

The Great Falls Rotary Foundation’s Military Assistance Pantry reported this week that Amazon donated $10,000 to its efforts to aid military veterans. The rotary says it will use the money to purchase fresh vegetables and meat, as well as provide rent and medical expense relief, for veterans across the counties of Bergen, Essex, Hudson, Passaic, Union and Sussex. (ROI-NJ)

Cornerstone NJ is a membership program of the New Jersey Chamber of Commerce. 

Business Events

Oct. 24 – Women of Inspiration Awards Reception

National Conference Center, East Windsor, 5 to 8:30 p.m.

This networking event will recognize women in business who lead and inspire.

Information and Registration

 

Oct. 29 - Fall Reporters Forum – A breakdown of presidential & congressional races, as well as state economic issues  

Free Virtual Event, 9 to 10 a.m.

The panel will cover the Harris vs. Trump race and New Jersey's Congressional elections, along with a look at the state’s business climate, tax policy, and next year’s gubernatorial contest.

Information and Registration

 

Oct. 30 – Business Roundtable Series: Economic Development

National Conference Center, East Windsor, 8 to 10 a.m.

Enjoy a networking opportunity with attendees over breakfast, and then hear from our state's leaders in economic development. Information and Registration

 

NJ Chamber Young Professionals Network

Nov. 6 – How to Prepare for Financial Success in Today’s Economy

NJCPA Learning Center, Roseland, 5:30 p.m. to 8:15 p.m.

Budgeting and saving. Home ownership. Navigating financial challenges. This in-person event for young professionals provides guidance on achieving financial success in today’s economy. The session is followed by networking, including beverages and light snacks.

Information and Registration

 

Nov. 14 – DE&I Trailblazer Awards Reception Co-Hosted by African American Chamber of NJ and NJ Chamber

Pines Manor, Edison, 5 p.m. to 8:30 p.m.

Information and Registration

 

Dec. 4 – ROI-NJ Presents: 'Champions of the C-Suite' Awards Gala

In partnership with NJ Chamber of Commerce

Hanover Manor, East Hanover, 5 p.m. to 8:30 p.m.

The Gala will recognize and celebrate achievements of the state's top business leaders, as featured in ROI-NJ's 'Power and Influencer' lists throughout 2024. Information

 

Dec. 10 – Annual Member Holiday Party Networking Event

Calandra's Italian Village, Caldwell 5 p.m. to 8 p.m. Free to members.

 

Were you forwarded this newsletter? For more information about the N.J. Chamber, email Patrick.Daily@njchamber.com.

Business Resources

 

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 the issues important to business. For news media requests, please email Scott Goldstein.

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