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New Employment Report Demonstrates the Need to Advance Policies that will Strengthen Connecticut’s Economy

Connecticut Voices for Children
 

Connecticut Voices for Children’s new report, The State of Working Connecticut 2016, finds that while the unemployment rate of white and college-educated workers have been restored to its pre-recession rate, minorities and those without a college education continue to struggle, impeding the state’s economic growth. The report explores Connecticut’s unemployment and labor force participation, wages, and wage gaps.There has been a 20 percent increase in the creation of low-wage jobs and 13 percent decrease in high-wage jobs. Since 2002, low and median wage earners were more likely to have experienced a pay reduction than high-wage workers.

The report highlights five recommendations policy makers can implement to help working families become more economically self-sufficient. These include:

  • Restoring the state Earned Income Tax Credit (EITC) to 30 percent of the federal credit, to ensure families can afford basic necessities. 
  • Raising the minimum wage to a living wage of approximately $15 per hour, which would assist over 336,000 workers meet their monthly expenses. 
  • Ensuring that children have access to high-quality early childhood education to promote long-term educational success and increasing access to childcare support for working parents. 
  • Reforming the state’s property tax structure to ensure equitable access to high-quality K-12 education, thereby,  attracting business investment to an educated workforce.
  • Investing in physical infrastructure, such as airports, bridges, roads, and railways, to attract and retain businesses that will to invest in the state.

Click here to read the report. 

 
 

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