Below is a brief list of news articles we posted this week:

The Washington Post: Employers added 243,000 jobs in January, pushing unemployment rate down to 8.3 percent – Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years. The result pointed to a resurgent job market, and it sent stock futures surging.

North Haven Patch: Manufacturing Key to Growth, North Haven Legislators Say - Strengthening small businesses and building interest in local manufacturing were the key topics at a session held by State Senator Len Fasano (R-34) and State Representative Dave Yaccarino (R-North Haven) Wednesday night at the public library.

CT Mirror: Malloy gets final approval for Jackson Lab investment - Gov. Dannel P. Malloy secured Connecticut’s investment in a major genetic research initiative Monday — but not before one more partisan debate. The State Bond Commission voted 8-2 to release $291 million, which will pay to build a new 173,000-square-foot research center for The Jackson Laboratory on the University of Connecticut Health Center campus in Farmington. The funds also will provide equipment and furniture for the facility, and will subsidize roughly one-third of operating costs for the next decade.

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Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years. The result pointed to a resurgent job market, and it sent stock futures surging. The Dow Jones industrial average futures, which were flat before the report, jumped more than 100 points. In the past 30 years, the recession has caused massive job losses, population growth has altered the size and makeup of our cities, and the income gap between rich and poor has widened. Here, we take a look at how people’s perceptions of change in their area match up with the way things really are. The economy created 243,000 net jobs in January, the most in nine months, and the unemployment rate fell two ticks. Read More

According to an article on the North Haven Patch, Senator Fasano believes that Manufacturing in Connecticut is alive and well. He continued:

“‘The problem is that when kids think of manufacturing, they associate it with the three D’s: dark, dirty, and dangerous. That’s not the case anymore.’ Fasano stressed that modern day manufacturing relies mainly on computer-assisted design, and compensates employees extremely well.”

While the senators are advocating for certain acts and principles such as the Job Expansion Tax Credit and the Manufacturing Reinvestment Accounts (MRA) program, which work to help smaller businesses and manufacturers in our state, Jobs for New England Now is supportive of the overall efforts to bring jobs to our communities and to build up small businesses.

Staples has just announced the opening of a new “eCommerce Innovation Center” in Cambridge, Massachusetts. In a press release this week, the company said the site will be home to skilled professionals “responsible for designing and implementing innovative new eCommerce solutions for the millions of business customers who shop Staples websites and stores.“

It’s no accident that Staples zeroed in on the tech-savvy town. Brian Tilzer, vice president, e-commerce and business development for Staples.com says Cambridge’s commitment to technology was a huge draw. Tilzer called the city a “hub of innovation, with both world-class universities and technology companies.”

The center is scheduled to open by May of this year.

The governor called the Pfizer relocations “a very clear warning shot that was fired across our bow” that if the state doesn’t make investments in bioscience and other fast-growing high-tech sectors, more good jobs could leave the state. Read More

If we want to promote economic growth and stability, we need to empower entrepreneurs who utilize and build new technologies. The article notes that innovation will be the “essential fuel” to our fire of economic growth and stability. It goes on to say that wireless technology could be our ladder out of the current recession and our pathway to a stronger, revitalized America saying that “The implications of the radical collapse in the cost of wireless connectivity are as big as those following the dawn of telegraphy/telephony.” Meaning that if we are able to harness wireless connectivity to create cost effective, high-speed broadband from coast to coast we will be on our way to creating an efficient, and competitive U.S. market.

In order to stimulate and kindle the fire of innovation, we need to promote infrastructure expansion. We must also be sure that any and all regulations from local, state, and national legislatures encourage economic growth and prosperity. A symbiotic relationship between these elements has the potential to lead to job creation. Without the combination of these vital aspects, we will see little growth in the U.S. and in New England.