It has done this while employment in manufacturing has declined.
Productivity is, of course, measured by the ability of a firm to produce more with less.
It is clear that New Jersey s manufacturers have become highly productive. The state s unemployment rate is the lowest in nearly 30 years. With most working age adults either in the work force or looking for work, many employers have expressed difficulty in recruiting qualified workers. Others, however, are planning strategically for continuous change. For example, manufacturing firms most often are organized according to the traditional view that marketing and manufacturing functions should be separate, coordinated at relatively high level.