Connecticut’s unemployment rate fell to 7 percent in February as the state gained about 800 jobs, the Labor Department reported Thursday.
Talk of tax cuts may once again be framing Connecticut’s gubernatorial debate, but Joe McGee of the Business Council of Fairfield County, and other business leaders, say it’s time for a wider frame with more long-range perspective.
Is it OK to offer big tax relief to a corporation that retains the option to cut thousands of jobs in the years to come?
The economy may be improving, but Connecticut leaders better not count on a return to the ‘boom-boom’ years of the 1980s and ’90s.
Connecticut’s “tepid recovery” could pick up steam in 2014, buoyed by the national and regional economies that continue to outperform the Nutmeg State’s, a leading economist told the state’s business leaders Tuesday.
The Obama administration’s plan to delay a health insurance requirement for large employers comes as a relief for businesses grappling with the new law, but the lag won’t have a dramatic effect on the overall expansion of health care coverage, business and health care experts in Connecticut say.
Groups representing Connecticut businesses Thursday were wary of the Supreme Court’s landmark health care decision, concerned it will drive up costs and even prompt some small businesses to stop offering health insurance altogether.