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==Economy== The first centrally air-conditioned public space in the United States was demonstrated at Hoboken Terminal.<ref>La Gorce, Tammy. [https://www.nytimes.com/2004/05/23/nyregion/cool-is-a-state-of-mind-and-relief.html "Cool Is a State of Mind (and Relief)"] {{Webarchive|url=https://web.archive.org/web/20150528051233/http://www.nytimes.com/2004/05/23/nyregion/cool-is-a-state-of-mind-and-relief.html |date=May 28, 2015 }}, ''[[The New York Times]]'', May 23, 2004. Accessed July 31, 2013. "Several decades later, the Hoboken Terminal distinguished itself as the nation's first centrally air-conditioned public space."</ref> The first [[Blimpie]] restaurant opened in 1964 at the corner of Seventh and Washington Streets.<ref>Kleinfeld, N.R. [https://www.nytimes.com/1987/12/13/business/trying-to-build-a-bigger-blimpie.html "Trying to Build a Bigger Blimpie"] {{Webarchive|url=https://web.archive.org/web/20160807053027/http://www.nytimes.com/1987/12/13/business/trying-to-build-a-bigger-blimpie.html |date=August 7, 2016 }}, ''[[The New York Times]]'', December 13, 1987. Accessed December 30, 2014. "Next, they borrowed $2,000 from a friend and $500 from the man who ran the jukeboxes in Jersey City and opened the first Blimpie in Hoboken, N.J."</ref><ref>Genovese, Peter. [http://www.nj.com/news/index.ssf/2014/04/a_story_about_a_hero_blimpie_which_started_in_hoboken_celebrates_50th_anniversary.html "A story about a hero: Blimpie, which started in Hoboken, celebrates 50th anniversary"] {{Webarchive|url=https://web.archive.org/web/20141231065651/http://www.nj.com/news/index.ssf/2014/04/a_story_about_a_hero_blimpie_which_started_in_hoboken_celebrates_50th_anniversary.html |date=December 31, 2014 }}, ''[[The Star-Ledger]]'', April 4, 2014. Accessed December 30, 2014. "They borrowed several thousand dollars from a friend, and 'with a can of paint and hammer and nails' turned a vacant storefront into the first Blimpie, which opened April 4, 1964, on Seventh and Washington in Hoboken."</ref> Hoboken is home to one of the headquarters of publisher [[John Wiley & Sons]], which moved from Manhattan in 2002.<ref>Fried, Joseph P. [https://www.nytimes.com/2000/08/10/nyregion/metro-business-john-wiley-leases-office-in-hoboken.html "Metro Business; John Wiley Leases Office in Hoboken"] {{Webarchive|url=https://web.archive.org/web/20170725141815/http://www.nytimes.com/2000/08/10/nyregion/metro-business-john-wiley-leases-office-in-hoboken.html |date=July 25, 2017 }}, ''[[The New York Times]]'', August 10, 2000. Accessed June 2, 2016. "John Wiley & Sons, a leading publisher of scientific, medical and technical books based in Manhattan, has signed a lease for office space in Hoboken, N.J., where it plans to move its headquarters and 800 of its employees."</ref> According to the [[New Jersey Department of Labor and Workforce Development]], Hoboken's [[unemployment rate]] as of 2014 was 3.3%, compared to a 6.5% in Hudson County as a whole.<ref>[http://www.state.nj.us/education/finance/fp/audit/1415/lfmcd.shtml 2015 NJ Annual Average Labor Force Estimates by Municipality] {{Webarchive|url=https://web.archive.org/web/20160624072321/http://www.state.nj.us/education/finance/fp/audit/1415/lfmcd.shtml |date=June 24, 2016 }}, [[New Jersey Department of Labor and Workforce Development]], May 14, 2015. Accessed June 2, 2016.</ref> In 2018, Hoboken had an unemployment rate of 2.1%, vs. 3.9% countywide.<ref>[https://www.nj.gov/education/finance/fp/audit/1819/AnnualAverageLaborForceEstimatesbyMunicipality2018.pdf 2018 NJ Annual Average Labor Force Estimates by Municipality (2018 Benchmark)] {{Webarchive|url=https://web.archive.org/web/20200801170748/https://www.nj.gov/education/finance/fp/audit/1819/AnnualAverageLaborForceEstimatesbyMunicipality2018.pdf |date=August 1, 2020 }}, [[New Jersey Department of Labor and Workforce Development]], April 12, 2019. Accessed November 13, 2019.</ref> A 2014 study showed that [[Stevens Institute of Technology]] contributed $117 million to Hoboken's economy in 2014, reflecting the university's nearly $100 million payroll for salaries and wages, as well as other goods and services acquired, construction and off-campus spending by students and visitors. The university is responsible for 1,285 full-time jobs.<ref>Kiefer, Eric. [http://patch.com/new-jersey/hoboken/stevens-institute-contributed-117-million-hobokens-economy-2014-study-claims-0 "Stevens Institute Contributed $117 million to Hoboken's Economy in 2014, Study Claims; Read about the ways that the university added to the city's coffers last year."] {{Webarchive|url=https://web.archive.org/web/20151118010728/http://patch.com/new-jersey/hoboken/stevens-institute-contributed-117-million-hobokens-economy-2014-study-claims-0 |date=November 18, 2015 }}, Hoboken Patch, May 27, 2015. Accessed November 17, 2015. "According to a study conducted by Appleseed, a New York City-based economic consulting firm, the university was responsible for $117.2 million in city-wide economic output in fiscal year 2014. Taking into account the impact of university spending on payroll, purchased goods and services, construction, and off-campus spending by students and visitors, Stevens was responsible for 1,285 full time equivalent jobs in Hoboken and nearly $99.3 million in wages and salaries, the study claimed."</ref>
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