A recent study by Deloitte said that investment in 4G LTE expansion by major carriers “could lead to the creation of 371,000 to 771,000 jobs, and gross domestic product growth of $73 billion to $151 billion.” Read More
Archive for August, 2011
Deloitte : 4G LTE by major carriers “could lead to the creation of 371,000 to 771,000 jobs, and gross domestic product growth of $73 billion to $151 billion"
Monday, August 22nd, 2011Deloitte : 4G LTE by major carriers “could lead to the creation of 371,000 to 771,000 jobs, and gross domestic product growth of $73 billion to $151 billion”
Monday, August 22nd, 2011A recent study by Deloitte said that investment in 4G LTE expansion by major carriers “could lead to the creation of 371,000 to 771,000 jobs, and gross domestic product growth of $73 billion to $151 billion.” Read More
The New Britain Herald : OUR VIEW: Let’s move forward with AT&T/T-Mobile deal
Monday, August 22nd, 2011As regulators ponder and competitors object, AT&T continues to seek approval of its offer to buy German-owned T-Mobile for $39 billion in cash and stocks. The company stands to gain 34 million customers and expand its spectrum — the government-controlled airwaves that companies license to transmit wireless signals — cementing its dominance over its two major competitors, Verizon and Sprint. Read More
The New Britain Herald : OUR VIEW: Let’s move forward with AT&T/T-Mobile deal
Monday, August 22nd, 2011As regulators ponder and competitors object, AT&T continues to seek approval of its offer to buy German-owned T-Mobile for $39 billion in cash and stocks. The company stands to gain 34 million customers and expand its spectrum — the government-controlled airwaves that companies license to transmit wireless signals — cementing its dominance over its two major competitors, Verizon and Sprint. Read More
News 8 : Tax-free Week Kicks Off in CT
Sunday, August 21st, 2011It’s tax free week once again in Connecticut, and for some families, that’s a big deal, especially considering sales tax in our state, has now gone up. Bonnie Miller said, “I think it’s really a great savings for everyone.” For the eleventh year, shoppers can enjoy a sales-tax free week from August 21st to August 27th, just in time before the school bell sounds again. This doesn’t mean you can stroll into Wal-Mart and by an HD television without giving something to the government. Purchases must be relagated to shoes and clothing that are under $300. Read More
Rhode Island News: RI Jobless Rate Holds Steady in July at 10.8%
Friday, August 19th, 2011Rhode Island’s unemployment rate for July held steady at 10.8 percent, but the number of employed Rhode Island residents dropped 2,700 from June, down to a total of 503,200. At the same time, the number of jobs continues to rise steadily, according to economic data released Friday by the state Department of Labor and Training. Employers reported 1,300 more jobs in the state in July and a previously reported drop in June has been revised to a gain of 1,600 because of the discovery of a reporting error. Read More
The Republican American: Conn. Loses 300 Jobs in July, Gained 3,300 in June
Friday, August 19th, 2011Connecticut lost 300 jobs in July and the unemployment rate held at 9.1 percent, state labor officials said Thursday. The state’s rate is the same as the latest figure for the national jobless rate. Labor officials also said Thursday that June’s estimated 4,100-job loss was revised to instead show a gain of 3,300. The change was a result of a revision to the local government sector estimate related to local school districts, which had an extended school year to make up for snow days and did not see the normal June drop in employment. The state lost 5,500 jobs in May. Read More
Groton, CT Patch : Blumenthal Holds Manufacturing Forum
Thursday, August 18th, 2011U.S. Senator Richard Blumenthal, D-Conn., met Wednesday in Middletown with leaders of several of the state’s major defense contractors, including Electric Boat shipyard in Groton and Pratt & Whitney in East Hartford and Middletown, to discuss ways federal officials can help them continue to thrive in Connecticut. Blumenthal held a closed-door session with about 75 executives, including the chief officials of large defense contractors, as well as the leaders of many of the region’s smaller subcontractors. Read More
ItemLive.com : Massachusetts Gained Jobs in July
Thursday, August 18th, 2011The Executive Office of Labor and Workforce Development reported today that the preliminary July job estimates show an increase of 12,700 jobs, for a total of 3,246,800 jobs in Massachusetts. The private sector gained 11,600 jobs. The July total unemployment rate remained at 7.6 percent, well below the national rate of 9.1 percent. Read More
Business Measures Lead to Job Creation
Thursday, August 18th, 2011Jobs For New England Now strives to promote economic growth throughout New England by encouraging innovation, entrepreneurship, and policies that promote job creation. Our coalition has stood behind policymakers that have proven to be good stewards of these goals and will continue to do so in the future. By creating new business opportunities in New England, we can boost the economy through more sustainable measures. Economic growth and job creation will make New England a happier, friendlier and more prosperous place to call home.
On Monday the Communications Workers of America (CWA) released a paper on the positive economic effects of the merger between AT&T and T-Mobile that caught our attention. The study, conducted by the Economic Policy Institute, found that the merger would create 96,000 jobs over the next seven years. This would provide a much-needed boost to the economy, especially here in New England, giving more people access to not only the life-changing technology that is mobile broadband, but also jobs that have been scarce in these tough economic times.
The merger will also generate billions of dollars in capital investments, planned for building out a 4G LTE broadband network. These expansion projects will indirectly create even more opportunities for work once again putting money back into the hands of Americans.
We need to be fostering entrepreneurship and innovation regularly but this is especially important during times of economic hardship. We know that New England is capable of creating new sustainable businesses and we have shown that by the persistence of our businesses during this economy. This merger will give ‘out-of-the-box’ thinkers the ability to continue to innovate and create the technologies of tomorrow. Our coalition is excited about the possibilities it has to offer and we think that you should be too.
