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Boost to Connecticut Earned Income Tax Credit Seeks to Give Lower Income Residents More Spending Power

  • Connecticut Earned Income Tax Credit increases from 23 percent of federal credit to 30.5 percent
  • Qualifying households will receive an income boost ranging from $42 to $520
  • Advocates for the higher credit say it will help lower income households with savings or with spending on essential items
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Are Virtual Meetings More Stressful Than In-Person Ones?

  • Survey by VPNOverview finds the anxiety levels generated by virtual and in-person meetings are comparable
  • More than one-third of respondents say the majority of their video calls could have been resolved through e-mail
  • Scheduling breaks and turning off the camera are strategies that have helped reduce stress related to video calls
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OSHA Partnership on New Haven Construction Project Seeks to Improve Workplace Safety

  • OSHA forms partnership with Connecticut entities to promote workplace safety issues
  • Collaboration focuses on building and pedestrian bridge construction in New Haven
  • OSHA partnerships work toward specific goals and performance measures on worker safety and health
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Almost One-Third of Younger Workers Have Contemplated a Career Change During the COVID-19 Pandemic

  • Washington Post and Schar School poll finds that nearly one-third of workers under the age of 40 have considered changing their occupation after the COVID-19 pandemic
  • Many young workers are seeing the time of upheaval as an opportunity to reassess their professional life
  • Americans are quitting their jobs at an accelerated rate, especially in high stress, low-wage fields like retail and food service
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Business News Roundup, Aug. 17, 2021

COVID-19 vaccine booster shots, falling retail sales, extra hotel charges, and a permit approval for a planned offshore wind facility are among the top business news items this morning. National An Associated Press report says U.S. health experts are expected…

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Connecticut STEP Program Taking Applications Through Sept. 15

  • Program through the Connecticut Department of Economic and Community Development looks to increase exporting activity among Connecticut small businesses
  • Qualifying businesses can receive up to $15,000 per program year
  • Grant funds can be used for a variety of purposes to defray the costs of selling their products and services abroad
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Stonington Seeking Feedback for I-95 Exit 90 Redevelopment

  • Stonington Economic Development Commission seeking to incorporate more residential properties into Exit 90 of I-95
  • Exit includes a number of popular tourist destinations as well as a variety of services
  • Goals include improving access from the area to the Mystic River and downtown Mystic
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SBA, USDA Panel on Aug. 26 Will Focus on Assistance Available for Rural Entrepreneurs

  • SBA and USDA hosting webinar on rural entrepreneurship on Aug. 26
  • Session will cover resources and economic aid available to rural business owners
  • Panel discussion features business owners, SBA and USDA officials, and a congressman
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OSHA Updates Guidance on COVID-19 Workplace Protections, Recommends Mask Wearing in Higher Risk Areas

  • Occupational Safety and Health Administration updates guidance on COVID-19 workplace safety based on latest data and information from the Centers for Disease Control
  • Fully vaccinated workers encouraged to wear masks in certain circumstances
  • OSHA continues to emphasize vaccination as the best strategy for improving COVID-19 workplace safety
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Business News Roundup, Aug. 16, 2021

Federal Reserve planning on ending asset purchases, vaccine requirements at restaurants, partnerships between Big Oil and small businesses, a cottage food licensing program in Connecticut, and a fourth high-risk Connecticut county for COVID-19 transmission are among the top business news…

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