As the pandemic winds down, report evidences need for “new normal” of security, equity, and shared prosperity MONTPELIER State of Working Vermont 2022, released today, analyzes Census and other data, including wages, jobs, and employment, poverty, household income, and migration to portray Vermonters’ well-being before, during, and after the arrival of COVID. Before the pandemic: • Median household income barely kept up with inflation for more than a decade. • 58,000 Vermonters or one in 11 were living in poverty. • State fiscal policy put off critical investment if it required raising more revenue. The pandemic exacerbated some of these conditions. But
Hoffman: What s the plan when pandemic aid ends? | Vermont Business Magazine
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Lilian Tacovici Five new hires at Dirt Tech, a Colchester construction company, have filled out hiring paperwork in recent weeks, been given start dates, and left with company hard hats and safety vests. Three of them haven t been seen at Dirt Tech since. Two didn t call us at all, said manager Lauren Weir. One said there was a personal reason. It has baffled us to figure out why somebody would fill out all their intake paperwork and just not show up. If they wanted a hard hat, they could just ask. For years, Vermont employers have reported difficulty in finding workers, particularly in the service and construction industries. But as businesses gear up for this summer, they say their hiring problems have worsened. A workforce shortage is being reported around the country. Thousands of people remain on unemployment as a result of COVID-19 shutdowns, fueling some of the theories for why applicants are staying away.
Tue, 01/26/2021 - 5:16pm tim
Vermont Business Magazine Several community and business organizations have weighed in on Governor Scott s budget address, in which he outlined his plan for spending $6.8 billion. The governor has proposed using $210 million in one-time money on one-time initiatives. Much of that funding is going toward state technology upgrades, housing investments and economic opportunity.
Governor Scott Proposes Funding Increase for Vermont Housing & Conservation Board
In his Fiscal Year 2022 budget address delivered today, Governor Scott proposed a $20 million increase in funding to the Vermont Housing & Conservation Board (VHCB). The funding would support the well-documented need to create more housing across the state and to accelerate Vermont’s economic recovery while also addressing community needs highlighted by the pandemic.
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