After decades of stagnant incomes, the inability to save, and disappearing pensions, 75 percent of Americans nearing retirement have less than $30,000 saved, which won’t last long. One third of Connecticut residents are baby boomers -- a big demographic that is headed straight towards retirement. In fact, Connecticut’s population of 65 and up is growing ten times faster than the general population.
President Obama has congratulated Connecticut for becoming the first state to officially endorse his goal for the minimum wage. The General Assembly on Wednesday night passed a bill that will raise the wage to $10.10 an hour by 2017.
The Connecticut General Assembly passed a bill that would raise Connecticut's minimum wage to $10.10 an hour by 2017. The legislation makes the state the first in the nation to endorse President Barack Obama's goal for the national minimum wage.
Republican senators offered a variety of amendments to the bill, but all were been defeated.
Connecticut officials are discussing final efforts to enroll residents in health insurance plans before next week’s deadline. Governor Dannel Malloy and Lt. Gov. Nancy Wyman appeared at the First Choice Health Center in East Hartford today along with Kevin Counihan, CEO of the state’s insurance marketplace, Access Health CT. Those who don’t sign up will have to pay $95 or 1 percent of their income, whichever is greater.
If you didn't know any better (or you got confused about what year it was), you might think Vice President Biden was back on the campaign trail, kissing grandmothers, slapping guys on the back and borrowing a woman's phone to razz her son about a basketball game.
Biden returned Tuesday to the familiar campaign grounds of New Hampshire for the first time since October 2012. And he swears he made the trip not to stake out ground for a presidential run, but rather to check out how the statewith the nation's first presidential primary helps match the unemployed with jobs.
Youth unemployment has persisted at record levels since the recession, in Connecticut and around the nation. That’s the finding of a new study which takes a look at the issues of young people trying to enter the workforce in the last decade.
Legislators want to create a state-sponsored retirement plan for private sector workers in Connecticut. A bill before lawmakers would task the state treasurer with administering a low-cost plan that residents could pay into.
Originally published on Thu March 13, 2014 2:56 pm
On Thursday, President Obama rolled out his plan for strengthening overtime pay protections for millions of workers. In his view, if more workers got fatter paychecks, they could spend more and stimulate the economy.
But if his critics are right, then employers would end up laying off workers to make up for the higher wage costs. And that would hurt the already painfully slow recovery.
The deal offered to United Technologies to redeem extra tax credits could be extended to other corporations in Connecticut. A legislative hearing Monday revealed more details about the huge economic development agreement.
President Barack Obama came to Connecticut on Wednesday to push for an increase in the federal minimum wage to $10.10 an hour. He spoke to a friendly crowd at Central Connecticut State University this afternoon telling them, "It's time to give America a raise."
President Barack Obama visited Connecticut on Wednesday to urge an increase in the federal minimum wage. He arrived at Bradley International Airport via Air Force One, accompanied by a Connecticut delegation, and drove down I-91 with a motorcade.
Below is a collection tweets from around the state as the president arrived, and then came to New Britain with great anticipation to deliver his speech.
President Barack Obama is coming to Connecticut on March 5 as part of his campaign to raise the federal minimum wage to $10.10 an hour. The visit follows Governor Dannel Malloy’s heated defense of the proposal at a news conference this week in Washington. Governor Malloy urged the General Assembly to pass a bill this year that would raise the state's minimum wage after the president—in his State of the Union address-- called on Congress to implement the policy nationwide.
A top Obama cabinet member was in Hartford on Monday advocating for an increase in the federal minimum wage. Labor Secretary Thomas Perez joined with Connecticut's two U.S. Senators for a round table at the Hartford Public Library.
On Monday, United States Secretary of Labor Thomas Perez came to Connecticut to discuss minimum wage increases with local business leaders, workers, and politicians. During his trip, he called us to talk about how states like Connecticut are handling a higher minimum wage. What effect could this have on employment in the United States?
Federal Labor Secretary Thomas Perez joined U.S. Senator Richard Blumenthal of Connecticut, local workers and politicians in Hartford today to discuss a minimum wage increase. The current federal minimum wage is $7.25. In Connecticut the wage is higher at $8.70 an hour, and is set to increase to $9.00 next year.
As the pace of the gubernatorial campaign picks up, with the position up for re-election this November, Governor Dannel Malloy is making minimum wage a top priority issue. A further increase in the minimum wage is one of the most politically polarizing debates the legislature is likely to see this session.
Federal Labor Secretary Thomas Perez and Connecticut's two senators are pitching for an increase in the minimum wage. Perez and Democratic Senators Richard Blumenthal and Chris Murphy are scheduled to meet on Monday with minimum wage workers at a Hartford Public Library forum.
In 1962, the Nobel Prize was awarded to three scientists, James Watson, Francis Crick, and Maurice Wilkins, for their work in discovering the fundamental structure of DNA: the double helix. Today, Watson, Crick, and Wilkins maintain international prestige for their findings.
The legislature's labor committee had a full slate on Tuesday as it considered some controversial bills. The committee heard public testimony on a wide range of legislation, but among the most disputed were the proposal to further raise the minimum wage, and another bill that would force large corporations to pay a living wage.
Just over 50 years ago, President Lyndon B. Johnson delivered his State of the Union address and made a pledge to the nation. "This administration today, here and now, declares unconditional war on poverty in America," he said.
Johnson didn't live long enough to see the end of the War on Poverty...and neither have we. Poverty continues to be a big problem in the United States and right here in Connecticut.