New Jersey Briefing
Pool Tragedies on the Rise; Experts Recommend Parents Learn CPR
In 2024, New Jersey has seen an increase in pool tragedies. Official statistics show a rising trend in teenage drownings, prompting medical professionals to urge parents to be vigilant and take more action. According to the latest data from the U.S. Consumer Product Safety Commission, the drowning rate among minors under 15 increased by 12% from 2020 to 2021. Drowning remains a leading cause of death for children aged 1 to 4. At the end of May and beginning of June, several pool accidents in New Jersey claimed the lives of several young individuals, including two children from one family, aged 11 and 14. Experts recommend parents learn Cardiopulmonary Resuscitation (CPR), preferably through training courses that include hands-on practice. Parents should ensure that their children have truly learned to swim before allowing them in the water without flotation devices like life jackets and water wings.
New Jersey Ranks among Top States for Remote Work
Energy experts from ElectricityRates recently conducted research and data analysis to explore and identify the most and least reliable states for remote work based on income potential and power outage situations. New Jersey ranked 10th, showing exceptional performance. The study revealed that one-third of remote workers prefer full-time work-from-home over a hybrid office model. In New Jersey, the average annual income for remote workers is close to $63,000, highlighting the state’s attractive income potential for remote employees. Furthermore, the study found that 70% of the worst states for remote work are located in the South, indicating regional disparities in remote work feasibility. Overall, New Jersey stands out in remote work, providing reliable opportunities and stable income potential.
More Counties in New Jersey Affected by Real Estate Market Decline
Real estate data company ATTOM released a report for the first quarter of 2024, showing that out of the top 50 counties most vulnerable to market decline nationwide, New Jersey, California, and Illinois account for 34. ATTOM’s ranking is based on factors such as the percentage of properties facing foreclosure, the ratio of mortgage balances exceeding estimated property values (negative equity mortgages), the percentage of average wages needed to purchase a home, and local unemployment rates. Analysis indicates that Warren County and Sussex County had the highest foreclosure rates for homes in the first quarter of this year.
Warren County: Median home price: $335,000, percentage of income spent on housing: 42.9%, negative equity mortgage ratio: 5.6%, foreclosure property percentage: 0.19%, unemployment rate: 4.5%. Sussex County: Median home price: $350,000, percentage of income spent on housing: 48.7%, negative equity mortgage ratio: 4.8%, foreclosure property percentage: 0.18%, unemployment rate: 4.8%.