Black-owned businesses are one of the fastest growing segments of the nation's economy. In Connecticut, economists paint a different picture. Small businesses owned by black people account for little more than 4% of all small enterprises, while black people make up 12% percent of the population. Many struggle to get established and compete in the state's economy. But some towns with significant African American populations are trying to change that.
The Hartford Regional Market is the state’s main wholesale food distribution hub and the largest such terminal between Boston and New York. But it is seriously out-dated, not user friendly and its farmers market just might be the best kept secret in the state.
The Connecticut General Assembly's Labor Committee held a public hearing on Tuesday to address Governor Daniel Malloy’s proposed minimum wage hike. There were mixed reviews on the proposal, which would raise the state minimum wage to $10.10 an hour by 2017.
The Connecticut Business and Industry Association is promising to fight Governor Dannel Malloy's proposed increase in the state minimum wage. Malloy wants to raise the minimum wage to $10.10 an hour by 2017, which would make it the highest in the nation.
The CBIA voiced its opposition on Monday to the wage hike, saying it will reduce hiring into entry-level jobs. The CBIA's position on minimum wage is part of its broader legislative agenda, which it released on Monday.