Private-sector employment in Connecticut topped 1.38 million in August, new data show, bringing employment just above January 2011 levels. The figures, released by the state Labor Department, show Connecticut added 6,200 private jobs in August
Economy
With only a few months left in the year, it is almost certain that 2020 will mark the largest annual job loss in Connecticut’s history going back to 1960 due to the pandemic and, according
Barron’s, the financial investor publication, conducted an overall “credit worthiness” scorecard for states and ranked Connecticut near the bottom of the pack, despite a hefty budget reserve fund. Connecticut currently has an A1 stable credit
Connecticut’s economy is 81 percent of what it was in March before the shutdown of businesses due to the COVID-19 pandemic, according to a new “Back to Normal” index compiled by Moody’s Analytics and CNN
During a virtual meeting with the state Appropriations Committee on August 14, Department of Labor Deputy Commissioner Daryle Dudzinski told committee members the DOL estimates there have been 50,000 overpayments of unemployment and potentially 80,000
Connecticut’s minimum wage is set to rise to $12 per hour in September, even as businesses in the state remain limited to 50 percent indoor capacity or are struggling with a loss of customers due
The newest annual Rich States, Poor States report from the American Legislative Exchange Council dedicates an entire chapter to “Connecticut’s Economic Freefall,” citing Connecticut’s high-tax environment, high pension and debt liabilities and its government labor
With Phase 1 of Gov. Ned Lamont’s reopening plan underway, business owners across the state have their eyes set on the next phase of reopening, which Lamont just scheduled for three days earlier than expected,
**Meghan Portfolio contributed to this article** Amanda Roos never got to open her brand-new Painted Goddess Salon in Monroe. Her new beauty and hairdressing business was ready to open its doors on March 20, the
Staggering employment numbers released by the Connecticut Department of Labor show that during the month of April, Connecticut lost twice as many jobs as it created in 10 years, putting the state back on its