Job growth in the U.S. wasn’t as strong as expected in August, and the delta variant of the coronavirus could be to blame. According to New Jersey-based ADP, U.S. companies created 374,000 jobs last month; economists were expecting a number in the range of 600,000. Gus Faucher, chief economist at PNC Financial Services Group, says it looks like some workers remain hesitant. Another national jobs report is due to be released Friday, and economists are waiting to see if the same hiring trends are repeated there.
One retailer is expanding its nationwide workforce. Walmart plans to hire 20,000 new warehouse workers. It will hold hiring events in early September, and says workers will earn over $20 an hour. The jobs are permanent positions, and not just for holiday help, according to Walmart.
U.S. Rep. Josh Gottheimer (D-NJ) is again voicing his opposition to a possible congestion tax that would impact some New Jersey commuters who travel into Manhattan. The congressman said he has sent a letter to New York Gov. Kathy Hochul asking her to oppose the tax. In the letter, Gottheimer said, the cost of commuting to New York City has become unsustainable, noting that a congestion tax would add approximately $3,000 per year on top of the roughly $4,000 toll that New Jersey commuters already pay to enter the city using the George Washington Bridge.