CCEA




Young people and people of color have become unemployed at disproportionate rates amid the pandemic

UConn Journalism – Nearly 80 percent of registered voters say the economy is an important issue, according to an August 2020 Pew Research Center study. In the same study, 88% of President Donald Trump’s supporters ranked the economy as “very important,” the most of any of the issues they asked about.



(Video) Backward Economics: When Unemployment Offers a Living Wage

NBC Connecticut – The extra $600 in unemployment assistance made available through the Cares Act has been a lifeline for many workers, but it has created challenges for employers trying to get employees back to work. It raises questions about if jobs were paying a fair wage in the first place.



State can’t print money, but it can guide economic rise from pandemic

Hartford Business Journal – While Gov. Ned Lamont was watching his emergency business loan program max out in two days last week, administration officials were reminding disconsolate companies here that hundreds of billions of dollars in federal aid to small businesses remain to be tapped.



Seniors’ Sweet Tax Breaks Have Become a Target

The PEW Charitable Trusts – As Americans begin the challenge of filling out their tax returns this year, one taxpayer demographic generally pays less than others: senior citizens. Tax breaks for seniors cost states approximately $27 billion a year and will more than double in the next decade, according to a recent study from the progressive Center on Budget and Policy Priorities in Washington, D.C.


While CT’s reserves rise, Wall Street compensation shrinks

Hartford Business Journal – While Connecticut’s budget reserve just hit a new high, one of the driving forces behind that accomplishment may be cooling down. According to a recent report from the New York State Comptroller Thomas DiNapoli, compensation on Wall Street was down 6% last year, driven by a 17% drop in bonuses.

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