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RUTHERFORD, NJ-Conventional wisdom is that New Jersey has beenlosing manufacturing jobs, and that W/D is the sole stellarperformer among industrial sectors. But a new work forcedevelopment study belies that notion for the Meadowlands region,although it concedes that more future job growth is likely to occurin travel and tourism-related fields. A first-ever report of itskind, the study's findings have substantial implications for thereal estate industry.

The findings come from "A Profile of the Meadowlands RegionalEconomy and Workforce," the result of a three-month study by aconsortium of state and local groups and agencies led by the JohnJ. Heldrich Center for Workforce Development at Rutgers University.The net result is that manufacturing remains the largest job sectorin the region, with 15% of the work force, and the report projectsthat will hold steady even as manufacturing jobs continue todecline statewide.