The coronavirus-induced recession hit Connecticut’s racial minorities and workers in their 20s and 30s the hardest, a new analysis shows.
Labor
Posted inTransportation
CT heads to Wall Street to jump-start its construction industry
Connecticut is taking a big step toward re-energizing its construction economy, seeking nearly $1.4 billion in financing.
Posted inEconomic Development, Money
CT suffers April job losses of ‘epic proportions’ with 266,000 positions gone
The effective unemployment rate is around 17.5%, the labor commissioner says.
Posted inMoney
Lamont hopes the friendly approach will coax unions to the table
Gov. Ned Lamont is hoping a friendly approach will entice state employees to sacrifice yet another pay raise.
Posted inHealth
Lamont calls for more testing as state gets closer to reopening some businesses
The state wants to run 42,000 COVID-19 tests a week and plans to test all nursing home residents and employees.
Posted inEconomic Development, Money, Transportation
Lamont to cancel tax relief, seek labor savings to shrink $2B deficit in July
Gov. Ned Lamont said he would cancel tax relief and seek labor savings to mitigate a big deficit in July.
Posted inEconomic Development, Health, Money
CT labor department ready to process federal aid for self-employed impacted by pandemic
State labor officials are accepting applications for federal unemployment relief for self-employed workers who’ve been impacted by the coronavirus pandemic.
Posted inNews
CT DOL is processing $600 stimulus checks for unemployed
Tweaks to Connecticut’s unemployment computer system will allow the payment of $600 stimulus checks.
Posted inNews
GOP’s Fasano presses Lamont to delay raises during pandemic
The Senate GOP leader pressed the governor to suspend state employee raises and funnel the savings to non-profits.
Posted inEconomic Development, Money
CT’s emergence from COVID-19 to start in June with small steps, lots of testing
Connecticut’s economy likely will re-emerge from the coronavirus pandemic in small steps, beginning in June and continuing throughout the year.
Posted inEconomic Development, Money
DOL says unemployment payment backlog solved by computer fix
Labor officials will distribute millions of dollars in backlogged unemployment claims in two weeks after upgrading the outdated IT system.
Posted inMoney
Stimulus check poses a host of complications for CT’s working poor
For some of Connecticut’s poorest households, the federal stimulus check will be delayed, short-changed, or not coming at all.
Posted inMoney
Laid off due to COVID-19? The wait for benefits is 3 weeks
The COVID-19 effect in Connecticut: The time to process a jobless claim has jumped from three days to three weeks.
Posted inEconomic Development, Government, Health, Housing, Money, Transportation
Lamont defines ‘essential’ businesses that can remain in operation after Monday
Gov. Ned Lamont’s ban exempts areas like child and health care, food and safety, gun sales and package stores.
Posted inPolitics
Unemployment claims skyrocket as coronavirus crisis deepens
At least 25,000 people have filed for unemployment since Friday, prompting the Department of Labor to conduct at-home drills.