One of organized labor’s two legislative priorities in 2022 — a ban on “captive audience” meetings that unions say are used to thwart organizing — won final passage late Friday night.
CBIA
Posted inMoney
As CT’s coffers swell, calls for tax relief grow louder
With state government enjoying unprecedented budget surpluses, some leaders say it’s time to give something back to the taxpayers.
Posted inEconomic Development
CT hospitality jobs struggling to recover from the coronavirus
Projections show Connecticut, by year’s end, will have regained 72% of the 26,225 hotel jobs it lost during the pandemic.
Posted inMoney
Looming fiscal cliff could reignite CT’s tax fairness debate
Though state government is awash in cash, a fiscal cliff looms that could intensify a growing tax fairness debate.
Posted inMoney
Analysis: COVID-19 hit hotel industry harder in CT
Massachusetts, New York also ranked high
Posted inMoney
Pew report: CT still lagging most states in personal income growth
Connecticut lagged most of the nation in personal growth during the pandemic, according to a national think-tank.
Posted inMoney
Lamont unveils bipartisan deal to pay off huge unemployment trust debt
A new plan to preserve Connecticut’s debt-riddled unemployment trust fund would curb benefits and increase taxes on some businesses.
Posted inMoney
Connecticut businesses could owe up to $1 billion in unemployment taxes. They want the state to cover it with federal relief funds.
Business leaders said the state’s economy simply can’t recover if companies remain on the hook to cover the debt.
Posted inNews
In an evolving economy, lawmakers take roles once played by unions
Economic trends and union struggles are pushing lawmakers to resolve through legislation questions once answered by collective bargaining.
Posted inMoney
CT residents brace for a lump of coal in their stockings
The latest U.S. Census survey shows fears of lost income that experts say could shatter Connecticut’s already-fragile economy in 2021.
Posted inHealth
As Lamont prepares to ease COVID restrictions, he will also explain how they could return
Gov. Ned Lamont is ready to ease more pandemic restrictions on Connecticut. But what would it take to restore them?
Posted inMoney
CT’s jobless rate is on the rise, but is it real?
A new analysis says Connecticut’s unemployment is worsening, but a state labor economist counters that’s due to a statistically oddity.
Posted inMoney
Pandemic hits Connecticut’s unemployment trust fund — and state businesses will pay
Connecticut had half of the money needed to weather a recession in its unemployment trust fund before the pandemic hit.
Posted inPolitics
CBIA hires manufacturing executive as its new leader
The hiring of Chris DiPentima ends a tradition of promoting a government affairs professional from within CBIA.
Posted inMoney
Some CT businesses, but not all, receiving stimulus loans in second round this week
Some firms have been granted loans in this week’s round of distributions. Others are still waiting.