More Job Losses In Connecticut
Today’s report from the state Department of Labor shows Connecticut has a long road ahead before our economy recovers. Connecticut’s unemployment last month hit a 33-year high, rising from 8.1% to 8.3% — that’s a loss of 6,600 jobs in September alone.
While career politicians and Washington insiders have become desensitized to these figures and tend to look at them as mere statistics, the reality is that every lost job is a life-changing crisis for families experiencing unemployment. Each fraction of a percent the unemployment rate rises represents thousands of families that are facing an economic crisis.
Washington’s solution for creating jobs, the so-called “Stimulus,” is failing Connecticut because it is diverting taxpayer dollars to government bureaucracies instead of the small businesses that create 70% of jobs. At the same time, the stimulus bill passed by Washington is adding billions to the nation’s debt, which threatens the American Dream for our children and our grandchildren.
We can put people back to work and set the stage for prosperity by helping small businesses create new jobs and offering aid to entrepreneurs, but we need a new approach. It’s time for something different.