Connecticut job market sparks worry for 2005

[UpInArms]

http://www.newsday.com/news/local/state/ny-bc-ct--outofbusiness1226dec26,0,1795023.story?coll=ny-region-apconnecticut

NEW HAVEN, Conn. -- A sluggish job market in Connecticut in 2004 is raising concerns that something is amiss in a state long synonymous with wealth.

Connecticut's job losses in recent years have been more severe and lasted longer than the nation, experts say. The state's job recovery also has been weak.

The problem continued in 2004 with a series of layoffs at major employers known for products to ease pain and suffering, from Bayer Pharmaceuticals Corp. in West Haven to insurers in Hartford and Purdue Pharma in Stamford. Officials have become so concerned that a jobs summit is planned in January.

"I'd say the job picture in Connecticut right now is stagnant," said Pete Gioia, economist with the Connecticut Business and Industry Association. "There is no way to sugarcoat this. We have a problem here."

In September, a statewide child advocacy group warned that the continued job losses and an expanding wage gap are threatening the state's economy. The annual State of Working Connecticut report, compiled by Connecticut Voices for Children, determined that low-wage workers are losing ground financially, finding it more difficult to adequately support a family in this state.

...more...

[mhr]

1. Just Like Texas

eom

[roguevalley]

2. Its all coming at us. We're the Titanic and that is the iceberg. I

can't wait to hear how its all Clinton's fault.

[Tuttle]

3. I live in CT

I recently left a job in computing for a job caring for people with acquired brain injury -- I feel better about myself for doing it (I worried before the change that my job would get sent overseas). There are a lot of people in CT competing for a very few jobs... I hope my move was timed so that I will have some security - because I had NONE in the computing field!

Tut-tut

[gizmo1979]

4. start practicing

for your new job.Welcome to Mcdonalds may I take your order?

[daa]

5. Just like Georgia

There are still fewer jobs than when shrub took office. Oh, and the outlook. Gee AT&T laying off, IBM alwyas firing, CI more layoffs, and yes, Delta, by by 9000 more.

[Rene]

6. Yes CT job market is VERY bad

for Americans. Visa workers are getting our jobs or they're going overseas. I just took a contract job for 6 months - very lucky to get it....but I've got to commute 1hr 20 minutes each way to Rhode Island.

[OhioChick]

7. Ohio isn't much better....

Look at Cleveland.......poorest city in the US. Absolutely no 'recovery' going on. Just watching more jobs go away.......

[WannaJumpMyScooter]

8. Cleveland is the poorest city in US? Really? Is that new?

I thought it was Trenton, NJ

[HockeyMom]

9. New York

I keep hearing that the job market here in NY is doing "great". Well, that is if you like TEMP, PART TIME jobs.

[durablend]

10. BUT BUT BUT BUT * said the economy is STRONG

And getting STRONGER!

You mean he LIED? :wtf: