Connecticut saw a 1,600 decrease in “nonfarm industry” positions in December, while November private sector gains (3,300) were revised down to only 300, according to the latest report issued by the state Department of Labor […]
Economy
An estimated 250 protesters gathered in the rain at the Capitol today to rally against the continuation of Gov. Ned Lamont’s emergency powers and carrying signs against mask-wearing mandates for school children. Lamont has asked […]
EXECUTIVE SUMMARY By Ken Girardin with Daniel Gressel, Ph.D. Connecticut missed out on much of a decade-long national economic expansion. The state added essentially zero private-sector jobs between 2017 and 2019, its population was essentially […]
Connecticut added 8,600 private-sector jobs in May, its biggest monthly gain since September, but the state has a long way to go to recoup its early pandemic losses. The state Labor Department figures released yesterday show Connecticut remains an estimated 93,300 jobs short of employment levels in February 2020, after […]
International oil giant BP has been lobbying for Connecticut’s General Assembly to pass the Transportation and Climate Initiative program to lower transportation emissions, but the company could end up profiting from the cap and trade […]
As the federal Food and Drug Administration moves forward with plans to ban the sale of menthol cigarettes and flavored tobacco, Connecticut’s Finance, Revenue and Bonding Committee opted to give menthol cigarettes a pass while […]
Connecticut entered the COVID-19 pandemic with roughly half the money in its unemployment trust fund needed to withstand a typical recession and subsequently, the state had to borrow $894 million from the federal government in […]
The City of Hartford’s Court of Common Council voted in March to create a task force to assess the possibility of a universal basic income pilot program for some of its residents. The task force […]
A report by the Las-Vegas based Better Cities Project found the Stamford-Bridgeport-Norwalk area to have the fourth largest gig economy of the nation’s major metropolitan areas, with 10.2 percent of the area’s workforce per capita […]
Connecticut has for many years been labeled the richest state in the nation because of its highest-in-the-nation per capita income, but that may be rapidly changing according to figures from the U.S. Bureau of Economic […]
