Business Report: Plastic bag ban, small business woes, weak job growth

Rhonda Schaffler, Business Correspondent | November 4, 2020 | Business Report

The bag ban is a done deal in New Jersey. On Wednesday, Gov. Phil Murphy signed legislation banning stores and restaurants from handing out single-use plastic and paper bags. The administration says the new law will be the strongest bag ban in the country and will address the problem of pollution head-on. In addition to banning bags, disposable food containers and cups made out of polystyrene foam would also be off limits. Merchants will have some time to adapt as the new law doesn’t go into effect until May 2022.

On the day after Election Day, one New Jersey business leader is delivering a message to Congress. Eileen Kean, the state director of the small business advocacy group NFIB, says both sides need to get back to work on a new stimulus package, end partisan bickering and get help to Main Street. A recent national NFIB survey found one in five small business owners could close their doors if economic conditions do not improve over the next six months.

Wednesday’s job numbers also potentially make the case for more stimulus. New Jersey-based ADP’s report shows private-sector job growth slowed in October across the United States. Companies added 365,000 new positions, well below expectations and weaker than recent monthly gains.