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Connecticut Sees Economic Recovery as Employment Surpasses Pre-Pandemic Levels

CT businesses will dodge $30M unemployment tax hike next year

CT averted the federal tax increase by paying down $1.2 billion borrowed from Washington during two years of COVID-19 for jobless benefits.

CT businesses dodge federal unemployment tax hike next year

CT businesses dodge federal unemployment tax hike next year
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CT minimum wage increases by 69 cents

On Sept. 18, Governor Ned Lamont announced at a press conference that effective Jan. 1, 2024, the Connecticut minimum wage will be increased from $15.00 per hour to $15.69 per hour. State legislation signed by Lamont in 2019 allowed for five incremental increases in the minimum wage between 2019 and 2023, followed by future adjustments.

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