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America's Top States For Business 2011

#30 New Jersey

Top States 2011: New Jersey

Category Score 2011 Rank 2010 Rank
Cost of Doing Business 98 43 44
Workforce 151 32 32
Quality of Life 219 16 14
Infrastructure & Transportation 184 23 32
Economy 83 42 28
Education 188 2 2
Technology & Innovation 179 8 9
Business Friendliness 56 41 35
Access to Capital 90 6 4
Cost of Living 5 46 47
OVERALL 1253 30 22

ECONOMIC PROFILE

Governor: Chris Christie (R)

Population: 8,791,894

GDP (2009 per capita): $49,840

Unemployment rate (May 2011): 9.4 percent

Foreclosure rate (May 2011): One per 3,509 households

Budget gap (projected 2012): $10.5 billion

Corporate tax rate: 9.0 percent

Largest employers: Wakefern Food Corp; Verizon, A&P

Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development

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