An Upbeat Industry Summit in a Downbeat Climate

The Connecticut Business and Industry Association hosted a virtual summit on Friday offering an optimistic picture of the state’s industry’s ability to weather the COVID pandemic.  “Some industries are down 30, 40, even 50 percent when it comes to revenues … the fact that our workforce is only down 6 percent, that to me says manufacturers are doing everything they can to keep their skilled labor going,” Chris Di Pentima, president of the Connecticut Business and Industry Association, told the Connecticut Examiner.  “We could be in a lot worse situation,” he added.  But a recent report from the association reported


Job Gains, But Mixed Economic Picture as Connecticut Heads into Cooler Months


Employment data released yesterday by the Department of Labor show that while Connecticut continues to regain jobs lost during the pandemic, the overall economic picture remains mixed according to a variety of industry officials. The 17,000 non-farming jobs gained in September is less than in previous months. The state saw the resurgence of a total of 21,900 non-farming jobs in August and 32,300 jobs in July.  Additionally, while the U.S. Bureau of Labor Statistics places Connecticut’s employment rate at 7.8 percent, down from 8.1 percent in August, the Office of Research at the Connecticut Department of Labor said this is