We are facing a future where fewer workers, earning nearly the lowest relative wages in the country, are saddled with the task of shouldering ever-increasing liabilities. Our shrinking and aging population will only further increase our costs and hinder our ability to dig ourselves out of this financial hole.
This is exactly the type of clean, positive development that the region needs. The Act 250 approval is the last in a long list of approvals applied for and granted, including the Montpelier Development Review Board permits and all relevant state permits.
Whether commercial customers are looking to expand their businesses or individuals are seeking higher savings rates, there are plenty of options in Central Vermont.
The American Legislative Exchange Council just published its annual analysis of states’ economic outlooks, Rich States, Poor States, and, overall, they peg Vermont as 49th, or next to worst. Thank goodness for New York!
Experts’ predicted that the economy would grow at a much slower rate of 2.3 percent from January to March, according to Bloomberg.
I am not without sympathy for federal workers whose pay was delayed by the partial government shutdown. But that sympathy withers when these workers’ plight is compared to Vermont’s dairy farmers.
The 18 countries that accounted for 95 percent of the more than 1 billion people escaping from extreme poverty from 1990 to 2013 increased their Index of Economic Freedom scores by an average of 7.14 points through 2013.
The Bureau of Labor Statistics on Friday released a positive jobs report on March, showing gains of 196,000 jobs, after only 20,000 jobs were created in February. All the while, the U.S. continues to boast an almost record low unemployment rate and rising wages for workers.
The major challenge for employers today is to find qualified workers. This is perhaps no more obvious than in the health care industry.
Mark and Kate Bowen, owners of Meadowdale Farm in Putney, discuss how heavy regulations, high financial losses and creeping anti-farming attitudes have made life in Vermont challenging for farmers.
Average hourly earnings rose 3.4 percent in February, marking the greatest earnings increase since April 2009, according to the latest Bureau of Labor Statistics (BLS) report. February earnings were the seventh consecutive month during which compensation was three percent or higher.