{"id":30292,"date":"2011-03-02T08:44:09","date_gmt":"2011-03-02T13:44:09","guid":{"rendered":"https:\/\/today.uconn.edu\/?p=30292"},"modified":"2011-08-05T11:24:13","modified_gmt":"2011-08-05T15:24:13","slug":"uconn-researchers-say-state-is-adding-jobs-but-wrong-kind","status":"publish","type":"post","link":"https:\/\/today.uconn.edu\/2011\/03\/uconn-researchers-say-state-is-adding-jobs-but-wrong-kind\/","title":{"rendered":"UConn Researchers Say State is Adding Jobs, But Wrong Kind"},"content":{"rendered":"
\"<p>burgers<\/p>\"<\/a>
UConn researchers say that without significant policy changes, Connecticut's growth will come in lower wage jobs. Stock photo<\/figcaption><\/figure>\n

The window is closing for state legislators to develop legislation that will help the state add high value jobs, not the less productive positions that are now being added.<\/p>\n

New research by the Connecticut Center for Economic Analysis<\/a> at UConn indicates that Connecticut is experiencing slow job growth, but not in areas that will help the state return to the previous level of gross domestic state output this year or next.<\/p>\n

Fred Carstensen, director of the center and editor of The Connecticut Economic Outlook<\/em> says, \u201cThis Outlook<\/em> delivered worrisome results, with weak Connecticut employment growing faster than growth in total output \u2013 suggesting declining productivity and creation primarily of low-wage jobs. Without significant policy changes, Connecticut\u2019s growth will come in lower wage jobs. This is not where the state should be heading.\u201d<\/p>\n

Rather, he says, Gov. Dannel Malloy and state legislators must implement aggressive policies to create higher productivity and better paying jobs that create more indirect and induced spin-offs, similar to Yale University\u2019s West Campus research complex and the proposed expansion of UConn\u2019s John Dempsey Hospital.<\/p>\n

Carstensen and senior research fellow Peter E. Gunther do see room for optimism, though, both in the Governor\u2019s Feb. 16 budget address and in initiatives being pushed in Washington. These initiatives include federal efforts to expand U.S. exports; the Federal Reserve\u2019s intent to maintain low interest rates; Gov. Malloy\u2019s efforts to streamline state government and reduce the red tape businesses must cut to expand or develop companies; Malloy\u2019s First Five initiative, to coax firms into creating 200 or more jobs; and unwrapping research and development credits to reward job creation.<\/p>\n

Using those parameters, and considering the results if legislators offered new research and development tax credits to foster major capital projects in advanced manufacturing, research centers, and other areas, the researchers\u2019 economic models predicted much higher growth \u2013 upwards of 60,000 jobs during the course of the next several years \u2013 says Carstensen.<\/p>\n

\u201cThis Outlook<\/em> underlines emphatically why it is critical to focus on those jobs with higher productivity and better pay: they create significantly more indirect and induced spin-offs than do less productive ones,\u201d he says.<\/p>\n

Referring again to Yale\u2019s West Campus and UConn\u2019s Dempsey Hospital and its Translational and Clinical Science program, Carstensen says his research \u201cdemonstrates why it is crucial for Connecticut to develop policies and initiatives that facilitate the rapid growth\u201d of those projects and others similar to them.<\/p>\n

\u201cThe course that Connecticut\u2019s economy charts in the next few years depends critically and overwhelmingly on the policy choices and strategic investments to which the state commits itself in the next few months,\u201d he says.<\/p>\n","protected":false},"excerpt":{"rendered":"

A recent report calls for policy changes to focus on jobs that will lead to greater economic growth.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_crdt_document":"","wds_primary_category":0,"wds_primary_series":0,"wds_primary_attribution":0,"footnotes":""},"categories":[2076,1],"tags":[],"magazine-issues":[],"coauthors":[37],"class_list":["post-30292","post","type-post","status-publish","format-standard","hentry","category-research","category-uncategorized"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-04-25 23:09:23","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/30292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/comments?post=30292"}],"version-history":[{"count":5,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/30292\/revisions"}],"predecessor-version":[{"id":30296,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/30292\/revisions\/30296"}],"wp:attachment":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/media?parent=30292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/categories?post=30292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/tags?post=30292"},{"taxonomy":"magazine-issue","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/magazine-issues?post=30292"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/coauthors?post=30292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}