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  • Wednesday, November 27, 2019

    Independent Contractor Legislation Progressing in Lame-Duck

    As we enter the lame-duck session for the New Jersey Legislature, several labor related bills have begun advancing in these final weeks.  These labor bills seem to be the result of recommendations made by the Governor Murphy’s Task Force on Employee Misclassification released this past July.

  • Wednesday, November 27, 2019

    Construction Contractor Bill Could Negatively Impact Certain Chemical Manufactures in New Jersey

    The New Jersey Legislature has focused on labor related legislation in the early stages of the lame-duck session.  While many of the bills attempt to codify into law the recommendations of the Governor Murphy’s Task Force on Employee Misclassification, another bill may be more of a reactionary measure stemming from the Energy Solutions refinery fire in Philadelphia. 

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New Jersey Chemistry: Economic Impact


Over 96% of all manufactured goods are directly touched by the business of chemistry, making this industry an essential part of every facet of our nation’s economy. Chemistry provides significant economic benefits in every state.

Chemistry companies in New Jersey directly employ 43,802 people, and indirectly contribute 33,556 jobs to the economy.

Chemistry industry jobs are high-paying. The average wage of a chemistry industry employee in New Jersey is $125,997 which is 60% higher than the average manufacturing wage. The chemistry industry generates $5.5 billion in payroll, and $710 million in state and local taxes, and $1.02 billion in federal taxes.

The business of chemistry is essential to New Jersey's economy and plays a vital role in helping to solve the biggest challenges facing our state, nation and our world by driving innovations that make our lives and our world healthier, safer, more sustainable and more productive.

Snapshot

Total Employment 43,802 State Rank 5
Chemical Industry Average Wages $125,997 State Rank 1
Value of Output ($mil) $25,500 State Rank 9
Exports ($mill) $8,300    

Source: American Chemistry Council, 2017, New Jersey Chemical Industry Profile