Uneven job creation, expected actions on supply chain resilience, and a vote in favor of recreational marijuana legalization in Connecticut are among the top business news items this morning.
National
New positions are opening up at an uneven pace, suggesting that some sectors have already reached their limit on how many workers they need to meet demand. The strongest gains occurring in food service, hospitality, tourism, and loading and stocking jobs; construction and manufacturing have seen a slowdown in newly created jobs.
Following a review of United States supply chains, the Biden administration is expected to announce a series of actions today aimed at addressing vulnerabilities and strengthening access to goods and resources. These steps are expected to include initiatives to boost domestic production of pharmaceuticals, large capacity lithium batteries, semiconductors, and rare earth minerals.
Connecticut
Following a lengthy debate that stretched into the early morning hours on Tuesday, the Connecticut Senate voted 19-17 to legalize recreational marijuana in the state. It is unclear if the measure, which would permit retail sales to begin in May 2022, will come up for a vote in the Connecticut House of Representatives before the legislative session closes on Wednesday.
