The Economic Policy Institute projects large job losses in Connecticut and other states without $1 trillion in federal help.
recession
Posted inMoney
Here’s how coronavirus rescue bill boosts unemployment benefits
It would give the jobless an additional $600 a week in benefits and allow self-employed people to file claims.
Posted inTransportation
Dems and GOP share common flaws in transportation plans
Democrats and Republicans don’t want to acknowledge that their plans share two common weaknesses — economic risk and a lean rebuilding program.
Posted inCities & Towns, Education, Money
Connecticut has baby bust, slow growth and aging population
WASHINGTON — Connecticut women are having fewer children than those in most other states, its population continues to age and growth is lagging. The census bureau said that in 2015 Connecticut women ranked 49th among the states as far fertility. The census also determined that Connecticut is one of the slowest-growing states.
Posted inMoney
S&P analysis: CT less prepared than most states for recession
Connecticut is “poorly poised” to handle a moderate recession when compared to other states, according to a new analysis by Standard and Poor’s Global Ratings Tuesday.
Posted inMoney, Politics
CT gains jobs in October but unemployment rate remains fixed
Connecticut’s jobless rate remained fixed at 6.4 percent in October, despite the addition of about 3,600 new jobs, the state Department of Labor reported Thursday. The agency’s latest report also downgraded job growth estimates it had released two weeks before Election Day.
Posted inMoney, Politics
July job gains drive CT unemployment rate down to 6.6 percent
Connecticut’s unemployment rate fell to 6.6 percent in July as the state gained 2,400 non-farm jobs, the Labor Department reported Friday.