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Connecticut Lawmakers Propose Office of Pandemic Preparedness, With Support Included for Businesses

  • Eastern Connecticut Democratic legislators propose an Office of Pandemic Preparedness to address future public health emergencies
  • Proposed legislation would also offer support to workers and small businesses during pandemics
  • Governor Ned Lamont suggests that current state group has been adequate to meet the needs of the COVID-19 pandemic
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More Than 1 in 4 Workers Say They Don’t Want to Return to the Office After Pandemic Passes

  • Twenty-seven percent of respondents in a poll of over 9,000 knowledge and skilled workers said they would prefer to never or rarely return to working in an office
  • Workers cite benefits such as a better work-life balance, less stress, and higher productivity
  • Older workers more likely to favor an office-free job than younger ones
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White House Proposal Increases Price Tag on Stimulus, Adds Direct Payments, Nixes Supplemental Unemployment

  • White House proposes $916 billion stimulus package, an $8 billion increase over the $908 billion measure currently offered as a bipartisan compromise in Congress
  • Proposal includes direct payments but cuts $300 a week in supplemental unemployment, instead extending federal unemployment programs set to expire Dec. 26
  • Democratic leaders reject idea of reducing unemployment as well as Senate Majority Leader Mitch McConnell’s suggestion of removing state and local aid from package
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FCC Awards Billions in Grants to Improve Rural Broadband Access

  • A total of 180 companies awarded $9.2 billion in federal grants to expand rural broadband internet access
  • Effort aims to support smart farming operations as well as increasingly common remote work operations
  • Most recipients plan to expand fiber-optic networks, but SpaceX receives a sizable grant to enhance a satellite system
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Limited Time Results in Borrower Rejections as Main Street Lending Program Nears Deadline

  • Federal Reserve will stop taking applications to its Main Street Lending Program on Dec. 14, but borrowers are discovering that some lenders have stopped accepting applications before this point
  • Deadline set after Treasury Secretary Steven Mnuchin announced the program would not be extended beyond the end of the year
  • Some lenders say there is not enough time for the loans to be underwritten and approved before the program ceases
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Half of Small Business Owners Fear New Business Restrictions Would Force Them Out of Business

  • Alignable survey of more than 9,000 small business owners finds that about half believe a new lockdown could force them to close
  • Travel and hospitality industry shows the most pessimism about being able to endure new restrictions
  • Connecticut has not implemented new restrictions since rolling back its reopening plan last month
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City Offices Remain Largely Underused as COVID-19 Pandemic Persists

  • Few workers returning to the office as COVID-19 pandemic persists
  • Shortage of office workers is affecting commercial landlords, company managers, and downtown businesses
  • Companies likely to adopt a mix of in-office and remote work after the pandemic
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Deadline This Week for Emergency Grants to Connecticut Child Care Providers

  • Grant program to assist qualifying Connecticut child care programs deadlines on Dec. 10
  • Grants of $1,500 to $20,000 are available
  • Applicants must show good financial standing and agree to work with the Women’s Business Development Council on developing a 12-month action plan
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Boom in Outdoor Recreation Popularity Expected to Continue Beyond the Coronavirus

  • Outdoor recreation likely to remain popular after receiving a boost during the COVID-19 pandemic
  • L.L. Bean reports a surge in sales in apparel and equipment
  • Indoor fitness undergoes a major shift as well
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Lamont Rejects GOP Proposals to Aid Connecticut Business Owners, Including Hold on Paid Family Leave

  • Republican state legislators propose a delay in Paid Family Medical Leave deductions, putting unused federal funds toward the depleted Unemployment Trust Fund, and other steps to assist Connecticut businesses
  • Incoming House minority leader says proposals can be put in place by executive action without legislative approval
  • Governor Ned Lamont says he’ll take a look at some of the suggestions, but is skeptical about their effectiveness
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