CT News Junkie

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The Economy

October 22, 2018

Democratic Candidates: Stefanowski’s Position On Minimum Wage Is ‘Radical’

by Christine Stuart | Oct 22, 2018 11:21am
Posted to: Business | The Economy | Election 2018 | Housing | Jobs | Labor | Poverty | State Budget

Christine Stuart / ctnewsjunkie

HARTFORD, CT — (Updated 4:15 p.m. ) Democratic candidates say video they found of Republican gubernatorial candidate Bob Stefanowski shows what he really thinks about the minimum wage.

Continue reading "Democratic Candidates: Stefanowski’s Position On Minimum Wage Is ‘Radical’" »

October 19, 2018

OP-ED | Five Ways for Bob Stefanowski to Win

by Susan Bigelow | Oct 19, 2018 4:00am
Posted to: Analysis | The Economy | Election 2018 | Opinion

Christine Stuart / ctnewsjunkie

FiveThirtyEight.com has released their latest ratings of every 2018 governor’s race, and Connecticut is labeled as “likely Democratic.” It’s not hard to see why. Every single general election poll since the primary has given Ned Lamont a lead, though some leads have been more significant than others. FiveThirtyEight puts Lamont’s chances of election at 82.4 percent.

2016, though, was a hard lesson that statistical probabilities aren’t guarantees. So with that in mind, here are five ways Bob Stefanowski can beat Ned Lamont in order to become Connecticut’s 89th governor.

Continue reading "OP-ED | Five Ways for Bob Stefanowski to Win" »

October 18, 2018

Connecticut Lost Jobs In September, But Gained More In August

by Christine Stuart | Oct 18, 2018 11:30am
Posted to: The Economy | Leisure & Hospital Sector | Manufacturing Sector | Retail Sector | Financial Sector | Trade, Transportation, Utilities Sector | Jobs | Labor

Jorge Rose Oberreich via Shutterstock

HARTFORD, CT — Connecticut lost 500 jobs in September, according to the U.S. Bureau of Labor Statistics. However, it also revised the August job gains from 2,200 to 3,300 jobs — 1,000 more than initially reported.

Continue reading "Connecticut Lost Jobs In September, But Gained More In August" »

October 15, 2018

Democratic Lawmakers Say Payday Loan Background Does Matter

by Christine Stuart | Oct 15, 2018 1:59pm
Posted to: Business | The Economy | Election 2018 | State Capitol

Christine Stuart / ctnewsjunkie

HARTFORD, CT — (Updated 4 p.m.) Democratic lawmakers who serve on the Banking Committee believe Republican gubernatorial nominee Bob Stefanowski’s tenure as CEO of a payday loan company should matter to voters, even if his former company is barred from selling its product in Connecticut.

Continue reading "Democratic Lawmakers Say Payday Loan Background Does Matter" »

October 10, 2018

Lamont Continues Focus On Women, Economy

by Christine Stuart | Oct 10, 2018 1:10pm
Posted to: Business | The Economy | Technology sector | Election 2018 | Glastonbury

Christine Stuart / ctnewsjunkie

GLASTONBURY, CT — A recent poll found Democratic gubernatorial candidate Ned Lamont has a healthy 22 percent lead over his Republican opponent when it comes to women voters.

Continue reading "Lamont Continues Focus On Women, Economy" »

October 4, 2018

Will Amazon’s Pay Hike Push Connecticut to $15 An Hour Minimum Wage?

by Jack Kramer | Oct 4, 2018 11:10am
Posted to: Business | The Economy | Election 2018 | Housing | Jobs | Poverty | Taxes

christine stuart / ctnewsjunkie

HARTFORD, CT — Proponents of increasing Connecticut’s minimum wage are hopeful this week’s announcement by Amazon to boost pay for its U.S. employees to $15 an hour will re-energize the movement.

Continue reading "Will Amazon’s Pay Hike Push Connecticut to $15 An Hour Minimum Wage?" »

October 1, 2018

Consumers Feel Sticker Shock As Out-Of-Pocket Health Care Costs Rise

by Sujata Srinivasan | Oct 1, 2018 12:12pm
Posted to: The Economy | Health Care | Jobs

Carl Jordan Castro photo

In February, Joan Goldstein of Monroe received a panicked call for help from her wife, Lauren Goldstein. Joan found Lauren rolled up like a ball on the floor in her office bathroom. “I have never seen her sick in 15 years,” Joan said.

Continue reading "Consumers Feel Sticker Shock As Out-Of-Pocket Health Care Costs Rise" »

September 27, 2018

OP-ED | Elephant In The Room: Job Losses From Automation

by Terry Cowgill | Sep 27, 2018 3:17pm
Posted to: Analysis | Business | US Foreign Policy | The Economy | Technology sector | Manufacturing Sector | Retail Sector | Jobs | Labor | Manufacturing | White House

Jensen via shutterstock

By most accounts, the economy is roaring along. As my quarterly TIAA-CREF reports remind me, the stock market is performing well enough for me to retire on time—which is a great relief after precipitous losses set me on edge as the great recession took hold 10 years ago.

Continue reading "OP-ED | Elephant In The Room: Job Losses From Automation" »

September 21, 2018

DeLauro Says GOP Tax Cuts Imperil Jobs

by Peter Urban | Sep 21, 2018 4:00am
Posted to: Congress | 3rd CD | DC News Junkie | The Economy | Manufacturing Sector | Jobs

Peter Urban / ctnewsjunkie file photo

WASHINGTON, DC — Congresswoman Rosa DeLauro released a report this week claiming Connecticut is at risk of losing as many as 199,200 jobs due to tax changes signed into law by President Donald Trump at the end of 2017.

Continue reading "DeLauro Says GOP Tax Cuts Imperil Jobs" »

September 4, 2018

Report: 40 Percent of Connecticut Households Can’t Afford Basic Needs

by Christine Stuart | Sep 4, 2018 3:00am
Posted to: Business | Child Welfare | The Economy | Retail Sector | Nonprofits | Poverty

HARTFORD, CT — Connecticut may be one of the wealthiest states per capita in the nation, but that doesn’t necessarily paint the entire picture.

Continue reading "Report: 40 Percent of Connecticut Households Can’t Afford Basic Needs" »

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