skip to main content
skip to newscasts

Wednesday, May 1, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Violence and arrests at campus protests across the nation; CA election worker turnover has soared in recent years; Pediatricians: Watch for the rise of eating disorders in young athletes; NV tribal stakeholders push for Bahsahwahbee National Monument.

view newscast page
play newscast audioPlay

House Democrats say they'll vote to table a motion to remove Speaker Johnson, former President Trump faces financial penalties and the threat of jail time for violating a gag order and efforts to lower the voting age gain momentum nationwide.

view newscast page
play newscast audioPlay

Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Report: CT Economic, Job Growth Lags Behind U.S.

play audio
Play

Friday, September 8, 2023   

A new report found Connecticut's economic growth is lagging, post-pandemic.

The data showed, using the pandemic-induced recession as a baseline, the state's nonfarm employment has grown at a rate around 3% lower than the national average. It reported the decline is due in part to slow growth in local and state government jobs, which were down in Connecticut by 10.5% between 2007 and 2023.

Patrick O'Brien, research and policy director at Connecticut Voices for Children and the report's author, described one reason state job growth has lagged behind the nation.

"Connecticut has a higher percentage of housing-cost-burdened households than the U.S. as a whole," O'Brien reported. "Which suggests that our housing affordability problem is even higher than the U.S. as a whole, and that's contributing to our slower growth problem."

He cited other reasons, including the unaffordability of most basics needed for people to live in the state. One recommendation in the report is to increase the supply of housing to help bring prices down. A National Association of Realtors report found a family making $75,000 annually could only afford 23% of the homes for sale nationwide.

Connecticut's gross domestic product growth lagged the U.S. by 7.5%. O'Brien noted it is an important factor because there are many long-term obligations for the state's surplus funds. However, he pointed out there are other options the surplus funds could be used for.

"Increased investments in child care -- in particular, we've been recommending a child tax credit," O'Brien urged. "There are a whole range of progressive tax issues that would help to make the tax system fair. Add to that by making the property tax credit fully refundable, and available to renters."

O'Brien hopes to see child care cost in the state go down, since it is one of the highest in the country. The Economic Policy Institute reported the average annual cost for infant care in Connecticut tops $15,000. Child care for a four-year-old is almost $13,000 per year.

Disclosure: Connecticut Voices for Children contributes to our fund for reporting on Budget Policy and Priorities, Children's Issues, Education, and Juvenile Justice. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
The 340B rule empowers select safety-net providers by providing discounts on outpatient prescription drugs and in reaching more eligible patients to provide comprehensive services. (Banana Images/Adobe Stock)

Health and Wellness

play sound

Access to reduced-price medication is a necessity for many rural Missourians with low income. Rep. Cindy O'Laughlin, R-Shelbina, the Senate Floor …


play sound

The Environmental Protection Agency has finalized a rule to close a significant loophole in coal ash disposal regulations. The Coal Combustion …

Health and Wellness

play sound

Alabama is running out of time to tackle Medicaid expansion this legislative session. More than 230 people gathered earlier this month with the …


Connecticut's 2011 paid sick leave law was the first in the nation to require private-sector employers to provide their employees with paid sick leave. (Adobe Stock)

Health and Wellness

play sound

A Connecticut bill would expand the state's paid sick leave law. The initial 2011 law requires 40 hours of paid sick leave for workers at employers …

Health and Wellness

play sound

More than 1,000 family members of firefighters who died in the line of duty, including some from Texas, will gather in Emmitsburg, Maryland, starting …

The American Heart Association cites emerging research showing in stroke care, elements of artificial intelligence-based supports reduced the chances of additional strokes by more than 25%. (Adobe Stock)

Health and Wellness

play sound

Artificial intelligence has come under scrutiny over potential negative impacts on society but a Minnesota medical expert said it has become one of ma…

play sound

On this May Day, Wisconsin groups are rallying in Green Bay to highlight a key issue facing the working class: the ability to retire. Organizers see …

Social Issues

play sound

Grassroots organizations are sounding the alarm about Tennessee's new law allowing teachers and other school employees to carry guns. Gov. Bill Lee …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021