Current Issues in Economics and Finance
Second District Highlights

New York and New Jersey Poised for Modest Job Growth in 2005

December 2004Volume 10, Number 12
JEL classification: R10, R11

Authors: James Orr and Rae Rosen

Combined employment in NewYork and NewJersey will expand by 1.1percent in 2005, following projected growth of 0.9percent in 2004. Slower than expected growth in the U.S. economy or a falloff in financial market activity, however, could jeopardize the states’ employment outlook.

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