A new report on Connecticut community college graduates finds that shortly after leaving college, many graduates are employed in industries such as retail and food service, but within months many move to other industries for employment, led by manufacturing and health care. The analysis also found that average wages rise significantly in the years following graduation.
Read MoreDuring the past decade, the median age of employees in Connecticut increased to 40.9, the 6th highest in the country. Connecticut is getting older, and still working. A new economic analysis says the state needs to prepare for what’s next - an expanding need for new workers.
Read MoreIllinois became the 11th state in the nation to legalize recreational cannabis this week, as the issue continues to face an uncertain future in Connecticut, with the state’s business community among those raising questions that slowed progress to the point of inaction in the just-concluded legislative session.
Read MoreThe Civic 50 recognizes the 50 most community-minded companies in the nation each year as determined by an annual survey produced by the Points of Light Foundation, the world's largest organization dedicated to volunteer service.
Read MoreThe full page paid advertisement appearing this month in a Hartford business publication did not tout the virtues of a Connecticut business or community, nonprofit organization or coalition. It stated, boldly, that “North Carolina is home to the lowest corporate income tax in the country.”
Read MoreOne of the many questions surrounding the pending merger between United Technologies and Massachusetts-headquartered Raytheon is what happens next year? Will the merged company, Raytheon Technologies, continue to support nonprofit organizations in Connecticut to the extent that UTC has, in many instances, for decades. Among those wondering is Special Olympics.
Read MoreThe Connecticut legislature appears to be quite insistent on making Connecticut synonymous with bioscience. Legislation passed this month follows two laws enacted last year - calling for a strategic plan and an array of marketing initiatives. And the legislature expects an update in 2020.
Read MoreConnecticut’s economic dependence on the defense industry is evident not only across the industry, but at the state’s flagship university. In recent months, the University of Connecticut has been re-designated as a National Security Agency/Department of Homeland Security Center of Academic Excellence in Cyber Defense Research and landed a four-year, $5.4 million contract with the Air Force
Read MoreIn February, USA Today suggested that “Connecticut may become the first state in the country to tax sugar-sweetened beverages if Gov. Ned Lamont has his way.” With two weeks remaining in the legislative regular session, and budget negotiations within sight of their goal, the tax may be left behind.
Read MoreA recent study on economic impact of Connecticut-based health plans indicates they have a significant influence on the state’s economic health. The health plans – all household names in Connecticut – provide $15 billion a year in positive economic output, according to a study by the Connecticut Economic Resource Center (CERC).
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