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David Brancaccio

If you want to know where the economy’s going, who would you want sit next to on a plane? Fed chair Janet Yellen is a good answer. So is Ray Dalio, a legendarily successful investor. Dalio is founder and CEO of Bridgewater Associates, the largest hedge fund manager in the world. Dalio bases his investment decisions less on abstract financial data, and more on his reading of the macro economy.

The U.S. economy gained 215,000 jobs in March, the Bureau of Labor Statistics says in its monthly report released Friday. The unemployment rate rose slightly to 5 percent, up from 4.9 percent in the month before.

"The increase in the unemployment rate came because we had more people looking for work," economist Gus Faucher of PNC Financial Services tells our Newscast unit.

Ryan Caron King / WNPR

State employee layoffs might not initially produce as much budget savings as Governor Dannel Malloy and legislative leaders would like as they try to balance Connecticut's budget.

Sage Ross / Wikimedia Commons

The leader of the Connecticut State Colleges and Universities system is recommending a tuition increase at all of its 17 campuses. 

Chion Wolf / WNPR

Governor Dannel Malloy and legislative leaders say large numbers of state employee layoffs appear more likely after the unions' umbrella organization declined to discuss possible pension and benefit concessions.

Jennifer LaRue / C-HIT

Two-thirds of Connecticut’s 99 licensed home health care agencies provide average or above-average care, while 19 were rated below average, according to new Medicare five-star rating data.

glegorly/iStock / Thinkstock

Connecticut’s latest jobs report is giving cause for concern.

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Should the state of Connecticut become just the fourth in the nation to mandate paid family and medical leave for private employees? The question looks set to generate plenty of debate in Hartford this session, but the battle lines are more complicated than you might imagine. 

Vermont has become the fifth state in the nation to enact legislation that requires businesses to provide their workers with paid sick leave.

The U.S. economy gained 242,000 jobs in February while average wages dropped slightly, according to a Bureau of Labor Statistics report released Friday.

The unemployment rate held steady at 4.9 percent.

The report indicates stronger job growth than expected, and an improvement over the previous month. January's count of 151,000 new jobs — far lower than had been anticipated — was revised upward, to 172,000. And the job gains for December were also revised upward, from 262,000 to 271,000.

Senado Federal / Flickr Creative Commons

It goes by many names: the sharing economy, the collaborative economy, the peer economy, just to name a few. Whatever you want to call it, one thing's for sure: this new way of doing business -- where idle assets equal big profits, and the hard-earned currency of trust comes through user reviews -- is changing the economic landscape of our country.

Conn. Unions React To Malloy's Layoff Plan

Feb 9, 2016

Union leaders in Connecticut say they're concerned that lawmakers are looking first to state employees for savings in Governor Dannel Malloy’s proposed budget.

Lori Pelletier, President of the Connecticut AFL-CIO, said state lawmakers should consider other parts of the budget before they start cutting state jobs.

“We need to look at how many contractors does the state of Connecticut have that are duplicating the services that state employees do already,” she said. “These are the things we need to look at before we start laying off.”

One month down, two to go.

For unemployed adults in 22 states, that's how long they can count on help with the grocery bills: Starting this January, they have three months to find a job or lose their food assistance.

SNAP benefits — formerly known as food stamps — have been tied to employment for two decades. Unless they are caring for children or unable to work, adults need to have a job to receive more than three months of benefits.

neetalparekh via flickr.com / Creative Commons

Connecticut’s unemployment rate jogged upward in December, even as the state added 300 jobs. 

95wombat via flickr.com / Creative Commons

Massachusetts Governor Charlie Baker helped bring General Electric’s headquarters to Boston by offering $120 million in grants and other incentives. And now officials in Berkshire County are hoping that relationship pays off for Pittsfield, Massachusetts.

Ryan Caron King / WNPR

Governor Dannel Malloy has touted the state’s economic achievements in 2015, saying robust job growth and an overall rise in wages has put Connecticut in a stronger position.

Mike Mozart / Creative Commons

Four Macy’s stores in Massachusetts and Connecticut are among dozens of locations slated for closure nationwide. The department store chain cites slow 2015 sales as the reason.

Senado Federal / Flickr

It goes by many names: the sharing economy, the collaborative economy, the peer economy, just to name a few. Whatever you want to call it, one thing's for sure: this new way of doing business -- where idle assets equal big profits, and the hard-earned currency of trust comes through user reviews -- is changing the economic landscape of our country.

One of the state’s largest employers is about to undergo a major change in ownership. Keurig Green Mountain, the Waterbury-based coffee company that employs more than 600 people statewide, is to be bought by an investor group for $13.9 billion. But state officials say they’re confident that Vermont workers will keep their jobs.

Ryan Caron King / WNPR

There were a few years when the greens of Hartford’s Goodwin Park Golf Course were a dull shade of brown. The grass had faded, trees and weeds were overgrown, and several years of mismanagement and a poor economy left the course in such bad condition that it almost had to be closed.

But Beaky Gilbert and his golfing partners didn’t stop playing there, and their dedication might have paid off.

Michael Raphael / FEMA

Two new reports seem to confirm that the opportunity gap for many workers is widening in Connecticut even as the economic recovery continues. According to one set of data, black workers in the state may be earning up to $8.00 less an hour than whites. 

glegorly/iStock / Thinkstock

A children's advocacy group said in a new report that many people of color and young workers in Connecticut have been left behind in the economic recovery from the Great Recession that ended in 2009.

John Bunting / Flickr Creative Commons

In Connecticut, youth unemployment rates are at historic highs, with teenagers being disproportionately affected. This hour, we take a closer look at some of the latest trends and find out what’s being done to help young people find jobs. 

Sujata Srinivasan

Connecticut lost jobs for the second month in a row in October, even as U.S. hiring was heating up.

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Governor Dannel Malloy's Council on Climate Change is expected to issue its first report in January. The panel has the goal of helping the state reduce its greenhouse gas emissions 80 percent below 2001 levels over the next 35 years. 

This week, the Connecticut Roundtable on Climate and Jobs issued a new report examining how that goal could impact job creation in the state. 

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