Archive for September, 2009
Thursday, September 3rd, 2009
From the Fairfield County Business Journal: An enviable performance during the recession notwithstanding, a new study puts Connecticut among the bottom feeders nationally for its economic performance leading up to this year.
…On income-related measures, Connecticut ranked sixth nationally as might be expected, but the state was pulled down by a woeful score on entrepreneurship measures, placing in the bottom five nationally; and scoring in the bottom dozen on net migration by more families leaving the state than coming in.
Tags: Business, Connecticut, Economic Outlook, Jobs
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Thursday, September 3rd, 2009
The Labor Day weekend is always one of the last signs that our summer is about to come to a close. But before we say good-bye to those backyard BBQ’s and family vacations, we relish the extra holiday as one last opportunity to soak up the sun, spend a day on the beach, or get together with family and celebrate some time together before the kids are back in school and the extra-curricular commitments of life takeover our daily schedules.
Unfortunately, we sometimes forget why Labor day was was originally created. Check out the Department of Labor website and you will see clearly spelled out that “Labor Day was a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.” There’s also some interesting background on the creation of Labor Day, which has been around for more than 100 years.
Which brings us to this point. Despite the recent economic challenges our nation has endured, this Labor Day should be a major reminder to local policymakers that it is even more important than ever to get New England’s residents who have lost their jobs off the unemployment line. Our local policymakers need to do everything possible to encourage investment from businesses in this community and make our environment more attractive for other companies to come to the region. We need to find new incentives that will help bring new business to New England and help keep the doors open of those businesses that already exist here. Labor Day should be about celebrating the jobs we have and the hard work our residents put into them each day. When the nation is experiencing some of the highest unemployment rates in decades, it may be difficult to truly celebrate that meaning of Labor Day this year, but hopefully a year from now we will have a brighter and more optimistic picture to enjoy during the long weekend.
Tags: Innovation, Investment, Jobs, Labor Day, New England
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Wednesday, September 2nd, 2009
State Should Aid Innovation: “If Connecticut is going to climb out of this recession with the rest of the nation, it will be even more important for policymakers to put a strong focus on promoting innovation and investment to help companies create high-quality jobs along with a return to profits.
Promoting higher returns on innovation makes the state more appealing for new and existing businesses to make the commitments to local facilities that may provide new jobs and opportunities for residents. Policymakers can provide incentives for businesses to launch new products and services in Connecticut.”
Matthew Nemerson is president and CEO of the Connecticut Technology Council, E-mail: mnemerson@ct.org. Paul Moran is executive director of Jobs for New England Now, E-mail: paul@jobsfornewenglandnow.org.
Tags: Connecticut, Innovation, Investment, Jobs, New England
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Tuesday, September 1st, 2009
From Today’s Boston Globe: The death of Senator Edward M. Kennedy is raising concerns about the future of programs he championed that benefited the state’s major employers, particularly in the fields of health care, higher education, and technology.
Hospitals, universities, life sciences companies, and research centers – which together provide hundreds of thousands of jobs in the state – all were accustomed to turning to Kennedy for help.
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Tuesday, September 1st, 2009
From Today’s Boston Globe: The death of Senator Edward M. Kennedy is raising concerns about the future of programs he championed that benefited the state’s major employers, particularly in the fields of health care, higher education, and technology.
Hospitals, universities, life sciences companies, and research centers – which together provide hundreds of thousands of jobs in the state – all were accustomed to turning to Kennedy for help.
Posted in News | No Comments »