As reported in the Boston Globe today, 9,200 Massachusetts residents have lost their federal unemployment benefits as of Monday March 5, because the Senate did not pass an extension before their spring break.
The House and Senate will be back to business on April 12.
According to The Hill, over 200,000 unemployed nationwide lost their federal unemployment benefits.
PROVIDENCE — The Rhode Island Public Expenditure Council on Tuesday urged Rhode Island government leaders not to raise taxes.
“The state has to hold the line on taxes,” said John C. Simmons, executive director of RIPEC, a business-backed group that monitors the state’s finances.
Jobs for New England Now co-chair Stephen Bull had an op-ed published in yesterday’s New Haven Register. “‘Any place Outside of Connecticut’ says it all” responds to recent news that UTC, an employer of more than 26,000 Connecticut residents, may seek its operations out of the state to a more friendly business environment.
It’s difficult to boost the economy, create jobs and increase overall resident morale when one of the state’s largest private employers is advising investment analysts and their clients to run far, far away from Connecticut and its ever-increasing cost of doing business. Although many in the area may suffer from unemployment or cut wages, Bull encourages company owners and policymakers alike to come together to tackle the problems and create solutions that are beneficial to all.
According to Bull, “It won’t stop until all voters demand that legislators and public officials ask why Connecticut isn’t a good place to create and retain jobs and, more importantly, do something to reverse that.” Now is the time for our state’s residents to be asking policymakers what they have done to make Connecticut a better place for business.
Read more about Stephen’s opinion here.
ROCHESTER — The stock market’s Dow Jones Index may be climbing, along with the cost of a barrel of crude oil, but New Hampshire’s unadjusted unemployment rate has yet to show signs of improvement.
The jobless rate for February was 7.7 percent, according to New Hampshire Employment Security Local Area Unemployment Statistics (LAUS). This is unchanged from January’s rate and compares to 6.2 percent in February, 2009.
ROCHESTER — The stock market’s Dow Jones Index may be climbing, along with the cost of a barrel of crude oil, but New Hampshire’s unadjusted unemployment rate has yet to show signs of improvement.
The jobless rate for February was 7.7 percent, according to New Hampshire Employment Security Local Area Unemployment Statistics (LAUS). This is unchanged from January’s rate and compares to 6.2 percent in February, 2009.
Shaw’s layoffs will affect NH
Layoffs at Shaw’s Supermarkets will affect New Hampshire stores, but the supermarket chain is not saying which stores or how many employees in the state will be let go.
The New England chain announced that 4 percent of its retail workers will lose their jobs April 10 at stores in Massachusetts, Vermont, Maine and New Hampshire.
NEW HAVEN — Marquise Gary-Bailey had a good run in sales and telemarketing, but a recession that claimed nearly 15 million jobs did not spare him.
So, he sought help from a program that helped him find work 10 years ago: STRIVE/New Haven.
Business bankruptcy filings reached a 30-year high in Connecticut in 2009, another sign of the economic downturn’s deep impact on the state.
There were 467 Connecticut companies that filed for bankruptcy last year, up nearly 20 percent from 2008 when 392 businesses filed, according to data from the American Bankruptcy Institute. It was the largest number of companies that filed for bankruptcy in Connecticut since 1982.
The Manchester-Nashua area of New Hampshire is often cited by magazines as one of the best and cheapest places to live in the nation. With no state sales and income tax, and only about 50 miles from Massachusetts, it’s home to many Boston workers.
Connecticut’s unemployment ticked up to 9.1 percent in February, reaching a new high for the recession, a report released this afternoon shows. The increase, from 9 percent in January, comes as signs pointed to improvement in the national jobless picture.
Enter your e-mail address to receive notifications when there are new posts.
