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Connecticut’s declining jobs numbers in recent months have made the contrast with its New England neighbors even more stark. While the Nutmeg State has yet to regain all the jobs it lost in the great recession, Massachusetts is seemingly booming. 

FuelCell Energy, Inc.

Danbury-based FuelCell Energy, Inc., announced Thursday it will cut nearly 100 jobs, news which comes on the heels of a decision by the state to pass over several clean energy proposals submitted by the company.

Unemployment dropped by 0.3 percentage points, to 4.6 percent, last month — the lowest rate since 2007 — according to the monthly jobs report from the Bureau of Labor Statistics.

Mystic Aquarium

The state’s chambers of commerce say they want to be the ones to step up and oversee regional tourism promotion, now that the state of Connecticut has defunded its tourism districts. 

Emmanuel Huybrechts / Creative Commons

Labor pains and lessons from the north.

As Connecticut comes to terms with recent job loss, Massachusetts emerges as a regional leader in statewide job recovery. This hour, we explore the latest job market trends and find out what Connecticut stands to learn from the Bay State. 

President-elect Donald Trump has chosen Wilbur Ross Jr., a billionaire investor and turnaround specialist, as his commerce secretary.

Ross announced his selection Wednesday during a joint CNBC interview with longtime Wall Street banker Steve Mnuchin, Trump's pick for Treasury secretary.

"Wilbur Ross is a champion of American manufacturing and knows how to help companies succeed," Trump said in a statement announcing his choice.

President-elect Donald Trump has picked his campaign finance chairman, Steve Mnuchin, to be his Treasury secretary. The Wall Street banker spent 17 years at Goldman Sachs, where he was a partner, and is now chief executive of Dune Capital Management, a privately owned hedge fund.

Mnuchin confirmed his selection Wednesday during a joint CNBC interview with billionaire investor Wilbur Ross Jr., who has been tapped for commerce secretary.

Harriet Jones / WNPR

Workers in several low-wage industries in Hartford went on strike Tuesday, as part of a coordinated protest across the country. Fast-food, security, janitorial, homecare, and child care workers all took part in the day of action.

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The holiday shopping season, which kicked off on Black Friday, has many analysts guessing as to how much we’ll spend. And some of that uncertainty is attributable to the extraordinary year we’ve experienced. 

Stephen Moore, a senior economic adviser to Donald Trump, was once a doctrinaire libertarian and free-trader. Now, Moore says: "Donald Trump's victory has changed the [Republican] Party into a more populist working-class party in some ways that conservatives like myself will like and some that we'll be uncomfortable with."

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For the fourth month in a row, Connecticut’s economy has seen a significant loss of jobs. The state shed 7,200 jobs in October.

Chion Wolf / WNPR

The state bond commission has greenlighted a package of aid for one of the world’s top hedge funds, but Comptroller Kevin Lembo voiced his opposition Tuesday morning.

Courtesy Alexion Pharmaceuticals

New Haven-based drug maker Alexion is conducting an internal investigation over allegations of improper sales practices. 

Harriet Jones / WNPR

Donald Trump has always said on the campaign trail that his business experience prepared him for the presidency. But it’s not entirely clear what his economic policies will entail. So what do small businesses think of President Trump?

Six New England Ski Resorts To Be Sold

Nov 8, 2016

In a big preseason sale, Sugarloaf, Sunday River and four other New England ski resorts are being sold. And that’s just part of an $830 million deal that includes ski resorts, theme parks and other recreation properties around the country.

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