Posted on November 18, 2008
A major electric company is planning to cut Connecticut finance jobs. General Electric Co. recently announced its plan to cut jobs and costs next year from GE Capital, based in Fairfield, Connecticut. The plan will save $2 billion in costs as the company slows lending in some businesses, considers others for potential sale and cuts […]
Posted on November 13, 2008
One large health insurance company is considering cutting Connecticut insurance jobs. Aetna recently announced that some job cuts are likely. While the company is currently doing better than many of its competitors, according to an article by the Hartford Courant, some jobs will probably be cut in the company’s effort to protect its competitive edge […]
Posted on November 7, 2008
While AT&T Inc. recently announced its plans to make cuts, officials are doing their part to save customer service jobs in Connecticut. Connecticut Attorney General Richard Blumenthal last week asked state regulators to block any cuts pending an investigative hearing. However, according to an article by the New Haven Register, regulators do not normally get […]
Posted on October 29, 2008
While seasonal jobs will be fewer this year than last because of the current economic downtrend, those seeking seasonal Connecticut retail jobs may have some help. The National Retail Federation estimates that holiday retail spending will increase by a minor 2.2 percent, the slowest rate of growth in six years. In preparation for a slew […]
Posted on October 21, 2008
Connecticut as a whole lost 2,300 jobs during September, but it is Connecticut construction jobs that have seen the biggest over-the-year loss. As of September, the construction industry employed 67,700 workers, down from 68,000 workers during August and a decrease of 1.6 percent from last year, according to the United States Department of Labor Bureau […]
Posted on October 15, 2008
A large communications company recently announced it would cut several customer service jobs in Connecticut. AT&T has announced its plans to move 60 customer service positions from the company’s Meriden, Connecticut office to Michigan. Connecticut state officials have backlashed against the decision, fearing the company’s local customer service department will suffer, according to an article […]
Posted on October 9, 2008
Two of the state’s largest casinos are causing the loss of Connecticut jobs. Connecticut’s Foxwoods Casino plans to lay off 700 workers this month, while a $700 million expansion at Mohegan Sun has halted, putting a hold on 2,000 more jobs. According to an article by ABC News, this is the first time in 15 […]
Posted on September 25, 2008
Many jobs in Connecticut are expected to grow during the near future. Through 2014, employment in the State of Connecticut is expected to increase by more than 150,000 jobs, or 8.5 percent, when compared to employment in 2004. It also is expected an additional 420,000 workers will be needed because of employee turnover, according to […]
Posted on September 17, 2008
Many members of the younger generation, or Generation Y, are moving away instead of filling jobs in Connecticut. In a recent article by the Enfield Press, it was noted many young people are leaving Connecticut with no intention of returning. There are various reasons for the departure of youths, including a lack of jobs, expensive […]
Posted on September 10, 2008
Although the nation is facing an increase in unemployment, jobs in Connecticut slightly increased from last year during July. According to the United States Department of Labor Bureau of Labor Statistics, the State of Connecticut‘s total non-farm employment in July 2008 was at 1,704,900, an increase of .3 percent from last year. That employment rate […]
