CONCORD — A Senate committee is recommending that state telephone regulations be updated to better address the current technological and competitive environment.
Supporters of the proposal, made by Sen. Bob Odell, R-Lempster, say it would give landline companies regulatory parity with wireless and cable providers. Wireless and cable companies are essentially unregulated.
Odell said the legislation is long overdue.
It’s a move that could bring dozens of jobs to the central part of Massachusetts. Lt. Governor Tim Murray joined state and local officials at IPG Photonics to announce a very big boost to the economy. Part of this boost to the economy is more than $4 million in grants being awarded to IPG Photonics, as well as a few of these towns in central Massachusetts. Murray announced the grants aimed at bringing high-paying jobs to Massachusetts. The $2.2 million infrastructure grant is being awarded to the town of Oxford. Read More
In Dannel P. Malloy‘s first year as governor, Connecticut struck out in its third bid at Race to the Top dollars. The state takeover of the failing Bridgeport school board is being legally challenged and is in the hands of the state Supreme Court. Connecticut’s standing on national and international benchmarks continues to slip. Read More
About six years ago, John Danielczuk of Enfield lost his computer programming job with The Hartford after it was sent overseas. On Wednesday morning, he got the chance to interview with more than 20 companies about a machinist position at the first-ever Connecticut Manufacturing Job Match event at the Rocky Hill Marriott. Read More
The good news is the minimum wage went up to $9 an hour and even over that amount in some cases. The bad news is that it’s hard to find a job to reap the benefits of the higher hourly wage, according to CBS News. On New Year’s Day seven states automatically adjusted the minimum wage salaries to keep up with the nation’s inflation, with Washington raising their minimum wage to over $9, according to Reuters. Read More
We’re underwhelmed by the 34-page economic development plan released last week by the Patrick administration and the new Economic Development Planning Council, a document required by a 2010 act of the Legislature. It purports to be a road map for improving the state’s economy, and it does include 55 “action steps.” Read More
The economic optimists have to get it right one of these days. Will this be the year? With the nation struggling with a subpar recovery, the outlook for 2012 remains muddled. There’s still plenty to worry about, but also hopeful signs. On the dark side, there’s the European debt crisis, and a jobless rate that is still historically high. The housing market remains in a funk. Crude oil prices are moving upward again. Read More
2011 started with great political promise in Connecticut but not much hope for dramatic gains in business and the economy. In the end, the second full year of post-recession recovery delivered on those low expectations, with tepid job gains and some setbacks – but also the seeds of real progress in many quarters. Read More
The goal of the special jobs session was to create pro-business incentives to jump-start Connecticut’s economy.
The state came up with options like giving companies tax credits of $500 per month for each new hire. That is up from $200. Another tax credit is $900 for each person hired who was either a veteran, unemployed or disabled.
“There are a whole lot of new programs to help businesses get started,” said Stephen Bull, president of the Greater Danbury Chamber of Commerce. Bull said most of the incentives are aimed at small businesses. “Small business is where most jobs come from.”
The Patrick administration released a 34-page economic development plan yesterday that proposes dozens of steps to help make the state more competitive, from reducing the cost of energy to beefing up training programs for workers.
The report, by the state Economic Development Planning Council, contains 55 recommendations organized around a few goals: advancing education and workforce development for middle-skill jobs; supporting innovation and entrepreneurship; bolstering regional development through investments in transportation projects and other infrastructure; and making it easier and less costly to do business here. Read More
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