by Barth Keck | Aug 4, 2017 5:30am
Posted to: Analysis | Business | Federal Budget | Opinion | State Budget | Manufacturing Sector | Workforce Development
Connecticut jumped 10 spots in CNBC’s “Top States for Business” rankings earlier this summer, due in large measure to the quality of the workforce and educational system.
Good news, for sure. However, almost half of the respondents to a 2016 Connecticut Business & Industry survey said that a “lack of skilled workers” poses a considerable challenge.
So what gives?
Continue reading "OP-ED | Schools and Businesses Work Together to Eliminate Skills Gap" »
by Peter Urban | Jul 20, 2017 5:30am
Posted to: Congress | DC News Junkie | The Economy | Manufacturing Sector | Trade, Transportation, Utilities Sector | Jobs | Labor | Manufacturing | Military Spending | East Hartford | Middletown | Aviation
WASHINGTON — Pratt & Whitney President Bob Leduc was all smiles Wednesday standing in front of the company’s future — a shiny new “PurePower Geared Turbofan Engine” or GTF — on display on Capitol Hill. The engine, which took the company 20 years and $10 billion to take from idea to reality, drew a steady stream of sweaty lawmakers and staff into the July heat.
Continue reading "DC NEWS JUNKIE | Pratt & Whitney Flying High With New Commercial Engine" »
by Barth Keck | Jul 7, 2017 5:30am
Posted to: Analysis | Business | Economic Development | Jobs | Manufacturing | Opinion | State Budget | Taxes | Manufacturing Sector
S.L. Price’s book Playing Through the Whistle: Steel, Football, and an American Town is a detailed historical and sociological examination of how business and sports coalesced to mold the town of Aliquippa, Pennsylvania. As I read this fascinating case study, it prompted many personal recollections and caused me to ponder the impact of manufacturing on Connecticut’s economy.
Continue reading "OP-ED | Factory Towns Are Gone, But Manufacturing Is More Vital Than Ever" »
by Cara Rosner | Jun 19, 2017 5:30am
Posted to: Business | Energy | Environment | Energy Sector | Manufacturing Sector
HARTFORD, CT — The good news: there’s growing demand for energy-related jobs in Connecticut. The bad news: like their counterparts in manufacturing, most business leaders in the energy sector are struggling to fill entry-level positions due to a lack of qualified candidates, a new survey found.
Continue reading "Survey Finds Connecticut Struggles To Fill Energy Sector Jobs" »
by Christine Stuart | Jun 15, 2017 11:30am
Posted to: The Economy | Manufacturing Sector | Jobs | Labor
HARTFORD, CT — Connecticut gained 6,700 jobs in May, according to preliminary numbers from the U.S. Bureau of Labor Statistics. That’s a sharp increase over last month when the state lost 3,100 jobs.
Continue reading "Survey Shows Connecticut Gained 6,700 Jobs In May" »
by Cara Rosner | May 19, 2017 12:00pm
Posted to: Business | The Economy | Manufacturing Sector | Jobs | Labor | Manufacturing
HARTFORD, CT — Connecticut manufactures will need to fill 13,600 job positions by next year, but they struggle to attract and retrain workers, according to a survey released this week.
Continue reading "Survey Shows Manufacturers Struggling With Workforce" »
by Jack Kramer | Apr 18, 2017 5:30am
Posted to: Economic Development | The Economy | Manufacturing Sector | Jobs | Law Enforcement | Public Safety | Newtown
The firearm and ammunition industry is doing quite well across the country although Connecticut’s gun business is not part of that growth, a new study shows.
Continue reading "Connecticut’s Firearms Industry Loses Economic Output, Jobs According To Industry Group" »
by Christine Stuart | Feb 3, 2017 6:30am
Posted to: The Economy | Manufacturing Sector | Financial Sector | Labor | Manufacturing
The U.S. Bureau of Economic Analysis said Connecticut’s economy grew at a 3.6 percent annual rate in the third quarter last year or $261 billion.
Continue reading "Lagging Economic Indicator Shows GDP Growth In Connecticut" »
by Jack Kramer | Jan 23, 2017 5:08pm
Posted to: Business | Election 2016 | Jobs | Military Spending | White House | Manufacturing Sector | Trade, Transportation, Utilities Sector
HARTFORD, CT — He grilled President Donald Trump’s nominee for Education Secretary on the issue of guns in schools and said Rex Tillerson’s testimony “confirmed that he is not prepared to be our next secretary of state.” But that’s not stopping U.S. Sen. Chris Murphy from working with the president on an area where they agree.
Continue reading "Murphy Says He’ll Work With Trump to Encourage the Federal Gov’t to Buy American" »