The COVID pandemic led to an unprecedented economic contraction and disruption in the labor market. The recession will have both temporary and long-lasting effects. Some industries will bounce back as soon as the pandemic is over, others will take longer to recover while still others will see fundamental change. This presentation will provide an update on the current state of the economy and labor market as well as some information about the long-lasting effects of the crisis.
The presentation will address the following questions:
1. Where did Connecticut’s economy stand before the COVID pandemic?
2. Which industries have been most severely affected by the crisis?
3. What will a recovery look like --- which industries and occupations will have the strongest growth?
4. What will be the effect of demographic changes on the U.S. & Connecticut’s long-term outlook?
5. Who is hiring even during the pandemic? Many companies. The presentation will include details.
ABOUT OUR PRESENTER:
Patrick J. Flaherty is Acting Director of Research and Information at the Connecticut Department of Labor. Previously he was an economist in the Office of Research where his responsibilities included occupational projections and long-term industry projections. He received his Bachelors Degree in Social Studies from Harvard University and his Masters Degree in Economics from the University of Connecticut. Patrick has authored several manuscripts for the Office of Research, has given many talks and presentations to business and jobseeker groups. He is also Adjunct Faculty at the University of Connecticut where he is teaching Principles of Microeconomics at UConn/Hartford.
Among his experiences, Patrick worked for fourteen years for Fleet Financial Group and its predecessor companies where he was Vice President and Senior Economist, and served 10 years as a State Representative in the Connecticut General Assembly.
Currently Patrick is the Labor Commissioner’s designee as a member of the Connecticut Retirement Security Authority. He is also the New England representative on the Local Employment Dynamics Steering Committee.
Complete registration form below, then we will send you the meeting invite closer to the meeting date.