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Saturday, June 16, 2007

Connecticut's economy taking more hits

The Workforce Alliance claims that we're losing our status as the richest and best-educated State:

Between 1999 and 2005, the median household income statewide fell from $69,750 to $67,165 a year.

Between 1989 and 2004, the number of jobs nationwide increased 24 percent, but Connecticut lost 2 percent of its jobs over the same period. Connecticut ranked dead last among the 50 states in both population and job growth between 2000 and 2005.

Also this week came the news that Proctor & Gamble will close its Stamford office by 2010, with a loss of hundreds of jobs to the local economy.

Please pray for our economy and our business and governmental leaders.

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