Connecticut News – September 2023

Connecticut News – September 2023
By The Diversity Employment Team - Published on: Feb 15, 2024

Several major stories have been making headlines in Connecticut recently. Here are the latest:

Economy & Business

  • Connecticut’s unemployment rate dropped to 3.5% in August 2023, down from 4.1% in July. Job gains were led by the trade, transportation and utilities sector. However, Connecticut’s August unemployment rate remains above the national rate of 3.3%.
  • Housing prices in Connecticut have cooled slightly but remain high. The median home price was $355,000 in August 2023, down 2.4% from the peak in June but still up 6.2% from a year earlier. Lack of inventory continues to pose challenges for buyers.
  • Electric boat manufacturer Boesch announced plans to open a new production facility in Connecticut, bringing 300 new jobs. The company cited Connecticut’s skilled workforce and the state’s investments in the maritime economy.

Politics & Government

  • A new law took effect in Connecticut in September 2023 banning deceptive advertising by faith-based pregnancy crisis centers. Proponents argued many centers mislead women about their services and options. Critics raised First Amendment concerns.
  • Governor Ned Lamont signed a bill legalizing recreational marijuana in Connecticut in May 2023. Retail sales are slated to begin in late 2022 or early 2023 once regulations are implemented. Possession became legal on July 1, 2021.
  • In the 2022 elections, Democrats increased their majority in the Connecticut State Senate by 2 seats. They also maintained a solid majority in the State House. Democrat Ned Lamont was re-elected as governor.

Environment & Infrastructure

  • As of September 2023, 50 Connecticut municipalities were under drought advisory. The state has experienced abnormally low rainfall and high temperatures this summer. Drought conditions are impacting agriculture, gardens and wells.
  • The Connecticut Port Authority unveiled plans for a major redevelopment of State Pier in New London, including a new terminal and facilities to support the emerging offshore wind industry. The project will cost an estimated $235 million.
  • Metro-North Railroad initiated new nonstop service between New York City and West Haven in September 2023. Trains on the New Haven line make the trip in as little as 1 hour and 20 minutes.