Business leaders discuss economic uncertainty at NJBIA event

Betty Boros Chief Member Strategy Officer - New Jersey Business & Industry Association
Betty Boros Chief Member Strategy Officer - New Jersey Business & Industry Association
0Comments

On a recent episode of “Minding Your Business” on News 12+, discussions centered around the challenges businesses in New Jersey face due to economic uncertainty. The show highlighted NJBIA’s Business Mania event and featured insights from Citizens Business Banking Market Executive Nuno Francisco and NJBIA Chief Government Officer Christopher Emigholz.

Emigholz noted an increase in inquiries regarding federal policy issues, stating, “We always get questions about what’s going on in the Legislature, what’s going on in the governor’s office, [but] we’ve gotten more calls about federal policy issues than I’ve ever seen at BIA over the past couple of months.”

He elaborated on various concerns impacting businesses, including tariffs, immigration, and funding freezes. “Whether it’s tariffs, immigration, [or] funding freezes, I think that is all something the BIA Government Affairs team has had to jump in to work on,” Emigholz said. He emphasized the compounded challenges due to New Jersey’s regulatory environment and political uncertainties with an upcoming change in governorship.

“So we’re working on the federal side, working on the state side, working on the political side, and trying to navigate these uncertainties,” he added.

NJBIA’s “Minding Your Business” is recognized for its quality content and has received seven Telly Awards over three years, including a gold award in 2024 for Interview & Talk Show category.



Related

Michele Siekerka President & CEO

Siekerka discusses legislative options after adoption of independent contractor rule

NJBIA President Michele Siekerka discussed possible legislative responses following adoption of stricter independent contractor rules in New Jersey. Lawmakers face difficulties reversing these changes despite widespread opposition from freelancers and business groups.

Michele Siekerka President & CEO

More than 600 layoffs reported in New Jersey in early May

Over 600 layoffs have been reported across New Jersey during early May due to multiple facility closures. Companies affected include Accupac, Danone North America PBD, DoubleTree by Hilton, Spirit Airlines, Verizon, and Fulton Bank. The state has recorded more than six thousand layoffs so far this year.

Michele Siekerka President & CEO

Freelancers and businesses raise concerns over new independent contractor rules in New Jersey

Freelancers and employer groups have voiced strong opposition before lawmakers against new labor regulations set by New Jersey’s Department of Labor & Workforce Development. Critics argue these rules threaten flexible gig work arrangements while increasing legal risks for businesses.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from New Jersey Review.