CT ended 2014 with jobless rate down to 6.4 percent

Connecticut’s unemployment rate dropped slightly to 6.4 percent in December, buoyed by 4,800 new jobs created during the holiday shopping season, the state Labor Department reported Monday. The state closed 2014 with 26,700 jobs gained, up from the 18,400 positions added in 2013. Connecticut now has regained 96,300, or 80.9 percent, of the 119,100 jobs lost during the last recession.
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Malloy’s budget cuts again hit social services, universities, courts

Malloy and Barnes

Gov. Dannel P. Malloy unveiled more than $31.5 million in spending cuts Friday in his second round of emergency budget reductions, with social services, public colleges and universities and state court system again taking the heaviest hits. A shortfall of at least $89 million remains to be addressed. Continue Reading →