New hires in Camden are calculate to be 541 new jobs between 2013 and 2016, according to federal labor statistics. 
But still, poverty is falling, and with recent estimates from the U.S. Census Bureau the city’s poverty rate fell 10% last year compared with the previous five-year average, bringing Camden’s poverty rate to 30%.
This represents the lowest level it’s been in over than a decade.
The U.S. Census estimate shows that Camden’s poorest residents are making about $2,000 more a year than just a few years ago. In some cases, this represents a 20% jump considering that base salary is just $12,000.
State Investments and Incentives Create 150 Jobs
As of late, New Jersey has given nearly $18 million in tax credits to private companies who moved to Camden. Those companies, including Holtec International, have created 150 new jobs — brand new, not just new to Camden. And the way that it looks, there are more coming, lots more!!!
The $1.7 billion given to 32 companies in Camden is projected to create nearly 2,000 new jobs to the city.
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