Connecticut added 1,700 jobs in June

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  Connecticut added 1,700 nonfarm jobs last month, suggesting that the state is on a steady albeit painstakingly slow march toward economic recovery. The data released Thursday from the state Department of Labor showed that June’s total employment of 1,667,400 marked a new recovery high. The state has now had five straight monthly job increases […] [Read More]
Categories: Economy, Jobs report
Bridgewater Associates' headquarters complex on Glendinning Place.

BLT buys Bridgewater site in Westport

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Days after announcing that mega hedge fund Bridgewater will not be moving to a property owned by Building & Land Technology in Stamford, BLT now announces it closed on a $130 million deal to buy the land Bridgewater currently inhabits. This just in from the press folks at BLT: In the largest real estate transaction […] [Read More]

Bridgewater will not move to Stamford, hedge fund confirms

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Bridgewater Associates, the world’s largest hedge fund, will not make a move from Westport to Stamford. A spokesperson for the company, headed by Ray Dalio, issued the following statement: “After careful examination and reflection surrounding the challenges, time, energy, and resources needed to bring the proposed Stamford project to completion, we have decided not to […] [Read More]
Categories: General

EAO hosts open house at new Shelton facility

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EAO, which recently moved its North American headquarters and manufacturing operations from Milford to Shelton, will host an open house Thursday from 4:30 to 6:30 p.m., at its new facility at 1 Parrott Drive. The move more than doubles EAO’s engineering and manufacturing capacity. It was made possible through the state’s Small Business Express Program. […] [Read More]
Categories: General

Stamford Hospital’s Bennett Cancer Center garners award

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Stamford Hospital’s Bennett Cancer Center has been named a recipient of the 2013 Outstanding Achievement Award presented by the Commission on Cancer of the American College of Surgeons. Stamford Hospital is the only hospital in the state and one of only four hospitals in New England to receive the award this year, according to a press […] [Read More]
Categories: General

Skills gap, workforce demand top concerns of state’s manufacturers

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A growing skills gap threatens growth prospects and the competitiveness of Connecticut’s manufacturing sector, according to a new survey published by the Connecticut Business & Industry Association, the Connecticut Community Colleges’ College of Technology’s Regional Center for Next Generation Manufacturing, and UIL Holdings. The 2014 Survey of Connecticut Manufacturing Workforce Needs shows widespread concerns with […] [Read More]
Categories: General

Social media mistakes Millennials make

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With the national youth unemployment rate above 15 percent, it seems as though Millennials are struggling to lock in full-time employment. The sluggish economy is partly the blame. Misusing social media accounts is also seriously hurting Millennials. The social media diet Last week, the Chronicle reported on Kim Lehmkuhl who quit from her Pleasant Hill city clerk job […] [Read More]
Categories: General

RBS to cut hundreds of jobs in U.S., according to reports

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RBS will eliminate hundreds of jobs in its U.S. trading divisions as the company braces for regulatory changes that will result in more oversight from the Federal Reserve, according to separate stories that appeared online Tuesday in the Wall Street Journal and Financial Times. Both the Wall Street Journal and Financial Times cited people familiar […] [Read More]
Categories: Banking, General, RBS, Stamford