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There is a housing supply shortfall in Connecticut of at least 67,915 units affordable to households |
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The median value of a home is $157,000, requiring a monthly mortgage payment of $1,265-unaffordable to 60% of Connecticut households. |
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Connecticut's combined non-metropolitan areas experienced the third greatest rise in housing costs in the nation |
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Every $10 million of public investment in affordable housing generates 1,901 new jobs paying $60,581,500 in wages. |
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CT Residents must earn at least $20.42 an hour to afford a moderate two bedroom rent. |
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Stamford/Norwalk area's is the most expensive housing area in the nation with a living wage of $30.62 an hour. |
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The majority of CT families pay 50% or more of their income for housing costs. |
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Someone earning minimum wage of $7.40 would have to work 110 hours a week, or 2.8 full-time jobs, in order to afford an apartment in CT. |
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he "living wage" is amount of wage needed to pay no more than 30% of income on housing. |
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Income needed to afford |
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CT will gain 150,000 new jobs over the next 6 years. |
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CT will have 420,000 job vacancies due to retirement over the next 6 years. |
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An average of 50,000 jobs are need to be filled each year in our state. |
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43 Million Americans are Disabled that's almost 1 in 5 Americans. |
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Only 35% of CT residents with disabilities are working. |
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1 in 11 Americans is Hearing Impaired. |
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In 2006 over 7 million CT residents received Social Security disability benefits. |
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Each Day 8,000 people in the U.S. turns 60 |
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More than 25% of the U.S. work force is over 60. |
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Connecticut is the 7th oldest state in the nation with a median age of 38 |
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Between 1990 and 2000 the number of CT residents aged 25-34 declined by 20% |
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By 2010, 20% of CT's workforce will be over the age of 55. |
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Current Life expectancies:
Women: 80 years old
Men: 75 years old. |
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People over the age of 55 make up 1/3rd of CT's population. |
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CT will gain 150,000 new jobs over the next 6 years. |
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CT will have 420,000 job vacancies due to retirement over the next 6 years |
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An average of 50,000 jobs are need to be filled each year in our state. |
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Nearly half the new jobs will be in management, professional and technical occupations. |
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The average inmate is at a 6th grade level in math, reading and language skills |
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In 2007 there were 400 inmates under the age of 26 registered for college courses. |
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Last year 790 GED's were awarded to inmates. 30 with honors. |
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Last year 415 inmates received a vocational education certificate. |
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Each month 690 inmates receive transitional skills training |
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Veterans are often denied credit at Universities for military courses taken |
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Approximately 7,700 CT children are not in a preschool program
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74% of CT’s 9 th graders go on to graduate from high school 74% of CT’s 9 th graders go on to graduate from high school |
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High school dropouts earn .37 cents for every $1.00 earned by high school graduates
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Connecticut has the largest achievement gap in the nation
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High school dropouts live 9 years less than high school graduates
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90% of CT districts project graduation rates lower than actual rates
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Hartford Public High is the second oldest high school in the U.S.
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English is a second language for 61.4% of the Hartford public high students
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Hartford public high schools: 97.5% minority students |
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Every student is enrolled in at least one world language class |
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67.2% of urban school students meet poverty guidelines
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5 of CT’s top 10 performing schools are Magnet schools in Hartford, Bridgeport and New Haven |
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The majority of CT’s poorest students live in only 5 school districts: Bridgeport, Hartford, New Haven, Waterbury and New Britain |
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Average # of jobs held by 20 th century workers: 1 to 2
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Average # of jobs held by 21 st century workers: 10-15 |
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69.6 % of employers respondents say high school graduates are “deficient” in critical skills
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57.5 % employer respondents say that critical thinking & problem solving are “very important” to job performance
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The Biobus has a 3 year waiting list
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The Biobus staff has educated more 600 teachers
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Madison Schools |
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94% of last years graduating class is currently attending college |
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78.3% of CT High school student go onto college |
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Every student is enrolled in at least one world language class |
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44.1% of the student body is enrolled in a visual arts class |
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It cost approximately $10,000 to educate each high school student |
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Project Lead the Way |
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Log onto www.pltw.org for more information |
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Press Release:  |  |
Episode Transcript: Coming soon |
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CT Works Centers serve over 100,000 people a year
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78% of adults that seek help from CT Works center find jobs
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Electric Boat laid off 900 employees in 2006. 500 were called back in 2007
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Over 300,000 14-19 years olds are involved in Youth to Work summer programs
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Students receive over 90 hours of CNC Machine training.
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Manufacturing wages grew 17% over a 5 year period.
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CT will add over 150,000 new jobs by 2014.
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CT’s manufacturing jobs will be 10% of the workforce by 2014. |
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By 2014, there will be 420,000 job vacancies due to retirements. |
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Log onto cptv.org for more information on CT Works |
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Sterling Manufacturing produces parts for Sikorsky Aircraft’s Blackhawk Helicopters. |
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Press Release: | |
Episode Transcript: |
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Nanotechnology : Applied science and technology that deals with the control of matter on a scale smaller than 1 micrometer and the fabrication of devices of this size.
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Nanotechnology manufacture’s polymers, computer chip layouts, nano tubes, suntan lotion, cosmetics, and protective coatings.
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Nanotechnology uses : Chemistry, applied physics, materials and molecular sciences.
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In 2006, Governor Rell enacted a law requiring the state’s universities and colleges to include nanotechnology and molecular manufacturing in their curricula.
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Biotechnology is technology based on biology, and is used in agriculture, food science, and modern medicine.
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Biotechnology uses genetics, molecular biology, biochemistry, embryology and cell biology. With links to chemical engineering, information technology, and robotics.
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Alternative Fuels: Biodiesel, Ethanol, Butanol, Hydrogen Fuel Cells, Vegetable oil, biomass.
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Fuel cells are pollution-free energy alternatives that use sources like hydrogen, hydrocarbons, and alcohol. |
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Fuel cells produce electricity from external supplies of fuel on the anode side and an oxidant like oxygen on the cathode side. These react in the presence of an electrolyte. |
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Fuel cells consume reactant, and can constantly be refueled to continue function. Batteries cannot, they store electrical energy chemically in a closed system. |
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Fuel cells: gases such as hydrogen are mixed with oxygen in the presence of a catalyst, to produce water, along with electricity and heat. |
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CT Fuel Cells in use at St. Francis Hospital, New Haven Water Pollution Control Authority, Peabody Museum, and South Windsor High School. |
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CT Companies employ more than 1/3 rd of all Americans in the fuel cell industry. Source: (CT Clean Energy Fund) |
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$13.3 billion in wages and salaries earned annually by Connecticut manufacturing employees.
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Connecticut ranks 20th as the most intensive manufacturing state in the United States.
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Manufacturing exports grew to $11.5 billion in 2006, from $5.2 billion in 1990.
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CAD - computer aided design software used to create precision drawings or technical illustrations in 2D or 3D.
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Almost $22 billion of Connecticut's gross state product comes from manufacturing.
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Lean Manufacturing - methodology of maximizing value and minimizing waste in the manufacturing process.
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CNC - computer numerically controlled machines used in engineering & manufacturing to cut, drill, shape & finish products.
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Employment of biomedical engineers is expected to increase by as much as 35% through 2010. |
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At least 5200 medical device manufacturing employees are based in New Haven, Hartford & Springfield. |
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CNC Operator Avg. Annual Salary: $38,450. |
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Approximately 150 biomedical engineering undergraduate & graduate degrees conferred annually in CT & Western Massachusetts. |
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CT has the highest concentration of IFS jobs in the nation % of total IFS employment: U.S.: 4.5% CT: 8.1%
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CT’s insurance wages represent 6.1% of states total wages and is highest in the U.S. (U.S. avg = 1.5%)
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Insurance and Finance is 4 th largest industry sector in CT.
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IFS employment in CT has grown 3 fold since 1977
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In 2006 CT had 4 th highest concentration of investment jobs in U.S.
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The Insurance sector contributes to CT economy 3 times national average.
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IFS sector: 8.1% of total state employment with a total of 136,850 jobs.
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CT has highest concentration of financial analysts, actuaries, and underwriters in the nation. |
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Avg. Annual Salaries: 1st quarter 2006
Insurance Underwriter: $ $66,300
Actuary: $95,900
Financial Analyst: $89,900
Personal Financial Advisor: $88,800 |
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Press Release: | |
Episode Transcript: | |
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In CT the Average age of a skilled machinist is 58 years old |
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U.S. 18-24 year olds receiving science degrees: 1970's ranked 3rd in the World |
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In 2004, 600,000 engineers graduated in China, 350,000 in India, and only 70,000 in the U.S. |
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In 2002, only 48% of CT high school students enrolled in college |
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60% of the fastest growing jobs in CT will require the minimum of a Bachelor's or Master's degree and will command salaries of $75,000 or more. |
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Students graduating with an engineering degree: 46% in China, 25% in Russia, 5% in U.S. |
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By 2010, there will be 41,000 new high-tech jobs in CT. All will require an advanced education. |
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In CT the average age of an aerospace engineer is 54 years old |
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8th graders scoring most advanced level in math: Singapore 44%, Taiwan 38%, U.S. 7% |
The Future of Manufacturing is Innovation
Hosted by the Connecticut Small Business Innovation Research Office
June 20-21. Pre-conference workshops on June 19
Pratt & Whitney Air Museum and Hanger, East Hartford
Are you a small high tech company or manufacturer looking to advance your innovation? The Future of Manufacturing is innovation will feature one-on-one sessions with the industry's leading corporations and federal agencies, such as:
Pratt & Whitney,
Tyco, Healthcare,
Boeing,
GE,
Raytheon,
Navy, NIH, and
NASA.
Forty technology assessment reports valued at $2,000 each will be awarded to Connecticut companies.
Register online at www.ctsbir.com
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