Jobs For Connecticut Now

From the Connecticut Post this weekend: The continued rift in Congress over economic and political philosophies got in the way of extending jobless benefits and could affect an inordinate number of older, out-of-work Connecticut residents.

On Thursday, the U.S. House of Representatives failed to extend jobless benefits past Nov. 30, which could leave nearly 2 million Americans searching for money to buy food and pay for shelter by the end of December when they get their final unemployment checks. To read the rest of the story, click here.

From The New Britain Herald last week: Connecticut’s economy is in a deep, deep hole. Measuring unemployment on the basis of historical patterns of labor force participation, there are nearly 400,000 working age adults who want jobs, but don’t have them or have part-time but need full-time jobs.

Compounding this challenge is the fiscal reality that the state government faces massive deficits — $9.5 billion over the next three fiscal years. Get the full story here.

From The Day: A statewide program to help businesses gain federal, state and local contracts has netted more than $206 million in such contracts over the past fiscal year, creating more than 4,000 jobs across the state. The entire article can be read here.

From the Union Leader this week: New Hampshire has recovered more than half the 30,000 jobs lost in the Great Recession, reaching 635,000 jobs in September, economist Dennis C. Delay said Tuesday morning. See the full story here.

From the Regional Plan Association on Monday:  Connecticut residents have finally caught up on their sleep after our extended cliff-hanger of a gubernatorial election. Now that we’ve finally got a governor-elect, it’s time to reflect on what this and other personnel shifts mean for the state’s growth prospects.

Changes at the state and federal level, many of them part of the red tide sweeping the country, will complicate efforts to grow our state’s economy while meeting environmental and social goals. Check out the full story here.

From The Enterprise this weekend:

Robert Bennett is in a better position than many business owners in the current economic climate. His company, Custom Machine & Tool, has been expanding at a rapid rate in recent years and quickly outgrowing its Weymouth plant.

What Bennett didn’t have was cash to pay for renovations to the new building he bought this year in Hanover. But a $150,000 loan from Eastern Bank under a Small Business Administration program is transforming a vacant warehouse into a machine shop that will begin operations later this month. Read the rest of the story here.

From the Star Telegram:

This week on job.com: The Associated Press recently released its September Economic Stress indices for more than 3,000 American counties, and these figures point to a gradual recovery nationwide. However, regions across the country are recovering at varying rates and for different reasons, according to the news source. Read the entire story here.

An article from The Economic Times this today: A powerful American Senator has welcomed the C-17 aircraft deal announced by the Indian Air Force (IAF), a development which is expected to create more than 22,000 jobs in the United States. Read the story here.