Archive for November, 2011

In Case You Missed It!

Friday, November 18th, 2011

This week Jobs for New England Now posted three blog posts.  Access to Broadband Creates a Better Prepared Workforce says that if we want to have a better educated, more reliable workforce, access to modern technologies must be widespread. Access to broadband is required for a quality education, a must for conducting extensive work searches, and used daily in most businesses. Students who do not have at least a basic understanding of broadband technologies are at risk of being unprepared for their adult lives, and are less likely to be productive members of the work force. A look into the Connecticut Business Market highlights that 29 percent of Connecticut business owners who said they planned to trim their workforce, while about a quarter said they expected to reduce compensation and/or benefits, according to a recent survey conducted by the Connecticut Business & Industry Association and Farmington Bank.  Rep. Herb Font-Russell: Broadband is vital to economic well-being covers an op-ed in the Times Argus by Representative Herb Font-Russell of the Vermont House Commerce and Economic Development Committee.  The piece talks about the importance of broadband for the Vermont economy. We agree that access to broadband is important for job growth and a more stable economy.

News articles from this week include:

Nashua Telegraph: Officials try to make state attractive as a business’s home – This is the first in a six-part series examining various aspects of the “New Hampshire Advantage” and whether the Granite State has been able to maintain its competitiveness in these areas.When Phil Macy was considering moving his company and employees to New Hampshire, he was looking for a building that would make a statement.

Penn Patriot Blog: Broadband Brings Exciting Opportunities for Students – When we think about the advantages of broadband access, many of us think first about the economic growth and professional opportunities this technology brings. These benefits are important to communities and businesses, of course. But access to high-speed broadband is also vital because it delivers new and exciting educational opportunities for our children.

Reuters: Fed’s Rosengren says fuller action needed on economy – Fiscal problems “have increasingly limited the response we would normally expect in a severe economic downturn and a painfully slow recovery,” Eric Rosengren, president of the Federal Reserve Bank of Boston, said in remarks prepared for a speech to the Boston Economic Club. The U.S. economy remains at risk from financial shocks at home and abroad, he added, pointing to recent jitters in financial markets from turmoil in Greece, a country “roughly the size of Ohio.”

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A look into the Connecticut Business Market

Thursday, November 17th, 2011

About 29 percent of Connecticut business owners said they planned to trim their workforce, while about a quarter said they expected to reduce compensation and/ or benefits.  That’s according to a recent survey conducted by the Connecticut Business & Industry Association and Farmington Bank. 32 percent of respondents used financing in the last three months, which is the same percentage reported in the third quarter survey and 40 percent of respondents said that if credit was available they would be investing in new equipment.  Another 18 percent said they would use the funds to expand into new stores, branches or operations.  The upside was that 17 percent said they would be hiring new employees if funds were made available. Read more about the survey here.

Boston Globe: Patrick seeks $21m in US aid for fishing industry

Thursday, November 17th, 2011

BOSTON (AP) — Massachusetts Gov. Deval Patrick has renewed his request for $21 million in federal fisheries disaster assistance for communities affected by new fishing rules. Patrick was denied the same request last year, but the U.S. Commerce Department said future aid could be available. On Tuesday, Patrick wrote Commerce Secretary John Bryson to request the aid and sent two new reports he said detail the ’’severe economic hardship’’ caused by the fishing rules, which went into effect in May 2010. Read More

Reuters: Fed's Rosengren says fuller action needed on economy

Thursday, November 17th, 2011


Fiscal problems “have increasingly limited the response we would normally expect in a severe economic downturn and a painfully slow recovery,” Eric Rosengren, president of the Federal Reserve Bank of Boston, said in remarks prepared for a speech to the Boston Economic Club.

The U.S. economy remains at risk from financial shocks at home and abroad, he added, pointing to recent jitters in financial markets from turmoil in Greece, a country “roughly the size of Ohio.” Read More

Reuters: Fed’s Rosengren says fuller action needed on economy

Thursday, November 17th, 2011


Fiscal problems “have increasingly limited the response we would normally expect in a severe economic downturn and a painfully slow recovery,” Eric Rosengren, president of the Federal Reserve Bank of Boston, said in remarks prepared for a speech to the Boston Economic Club.

The U.S. economy remains at risk from financial shocks at home and abroad, he added, pointing to recent jitters in financial markets from turmoil in Greece, a country “roughly the size of Ohio.” Read More

Richard Blumenthal United States Senator for CT: Blumenthal Introduces Bill to Combat Unemployment

Thursday, November 17th, 2011

Senator Richard Blumenthal (D-CT) today joined regional workforce development and education leaders at Gateway Community College in New Haven to announce his Pathways Back to Work Act, a bill to provide immediate relief to unemployed individuals, and workforce training programs to those seeking to learn new skills. Blumenthal was joined by Mike Meotti of the Connecticut Board of Regents for Higher Education and local development leaders, including Bill Villano, Executive Director of the Workforce Alliance, a workforce investment board which works to deliver workforce services to Connecticut. Read More

Penn Patriot Blog: Broadband Brings Exciting Opportunities for Students

Wednesday, November 16th, 2011

When we think about the advantages of broadband access, many of us think first about the economic growth and professional opportunities this technology brings. These benefits are important to communities and businesses, of course. But access to high-speed broadband is also vital because it delivers new and exciting educational opportunities for our children. Read More

Access to Broadband Creates a Better Prepared Workforce

Wednesday, November 16th, 2011

When schools use outdated or inaccurate books to teach children the public becomes outraged, but should we react in the same manner when schools are unable to provide their students access to essential new technologies such as computers and high-speed broadband? One Pennsylvania mom writing for Penn Patriot Blog thinks we should.

“Without broadband access, students are at a competitive disadvantage and may not be able to achieve their full potential. It’s important that future generations have access to the tools that will help them succeed, and children in these underserved communities deserve to have the same access as those in other locations.”

If we want to have a better educated more reliable workforce they must have access to modern technologies. Access to broadband is required for a quality education, a must for conducting extensive work searches, and used daily in most businesses. Students who do not have at least a basic understanding of broadband technologies are at risk of being unprepared for their adult lives, and are less likely to be productive members of the work force. Now more than ever we need to create a highly skilled and innovative workforce that is capable of keeping up with how technology is changing and shaping our economy.   Read the full post here.

Associated Press: APNewsBreak: Malloy keeps 2,300 state jobs vacant

Tuesday, November 15th, 2011

Connecticut Gov. Dannel P. Malloy is leaving vacant nearly 2,300 executive branch jobs — about 5 percent of the state’s work force — as part of a plan to streamline state government, a figure that includes hundreds of jobs that opened up after a larger-than-expected number of state workers took retirement.  Documents obtained by The Associated Press indicate the Democratic governor has decided, however, to refill 990 jobs, roughly two-thirds of the number requested by his agency commissioners. The jobs to be filled are mostly for front-line staff such as highway maintenance workers, medical staff and group home workers.

South Coast Today: Acushnet Avenue improvement project wins $1.2M state grant

Tuesday, November 15th, 2011

NEW BEDFORD — Gov. Deval Patrick’s office announced Monday a $1.2 million grant that will help fund street-scaping and roadway improvements on Acushnet Avenue. The funding was approved as one of 23 MassWorks Infrastructure Program grants. The Acushnet Avenue project will provide improvements to provide pedestrian access to the “Acushnet Avenue International Marketplace,” according to the state. The project hopes to stimulate small business growth in the area. The total MassWorks program investment in the project, according to the state, is $3.25 million. Read More