Posts published in “Columns”

Connecticut is a blue state, with a serious case of the job market blues.

In December, the state added just 600 jobs, a sad number, and even sadder because the likely cause is abandonment. That is, workers are leaving the state.

The December number leaves state employment at about 1,625,000, still about 75,000, or 4.4%, below its pre-pandemic level of 1.7 million in February 2020, according to the Connecticut Department of Labor. National employment is only 1.8% below its February 2020 level.

A month ago, the nation had reached an 80% one-shot COVID vaccination rate for those over age 18, with 96% of vaccines administered being the 95%-effective Pfizer and Moderna shots. Forty percent of the very-vulnerable elderly, who were 100% vaccinated but whose early vaccinations from last winter were weakening, had received boosters. Pfizer had announced its 89%-effective home-use COVID treatment pill.

The nation seemed poised to emerge from the pandemic and move forward. We seemed very well situated to avoid the enormous infection wave swamping Europe.

Then, Omicron.

Americans should be thankful, not fearful. The U.S. is unlikely to see the kind of COVID-19 surge now occurring in Europe or be as severely impacted by the Omicron variant.

The U.S. has high COVID-19 vaccination rates. Eighty-two percent of those 18 and older and 100% of the uniquely vulnerable population over age 65 have had at least one shot, according to the Centers for Disease Control. Of equal importance, over 96% of vaccine doses administered have been the strong 95%-effective Pfizer and Moderna shots.

The U.S. has been fast to deploy boosters, especially to those over 65, over 40% of whom have been boosted. The Pfizer and Moderna vaccines, while fast-acting, lose effectiveness over time. The elderly were vaccinated first, so they are most in need of boosters.

In Europe, vaccination rates are high, but many people have been vaccinated with less effective vaccines, primarily the AstraZeneca COVID-19 vaccine which is somewhere between 63% and 79% effective.

Connecticut Governor Ned Lamont went to Washington last week. He visited the White House, with whose occupant he shares much in common, especially on the “lunch pail” issues of gas prices and jobs.

Biden’s policies have already pushed gas prices to record seven-year highs. Lamont’s gas price hikes are only an ambition right now. The Connecticut General Assembly has not yet approved Lamont’s proposed new gas tax, aka the multi-state Transportation Climate Initiative (TCI) – emphasis on “yet.”

“Yet” is the point. Voters in next week’s local elections should keep in mind that General Assembly Democrats are watching. If local Democrats do well, Democrats in Hartford may gain the confidence to pass TCI.

For his part, Biden is taking rightful heat for high gas prices, since his anti-carbon policies are largely to blame. The day he took office, Biden cancelled the Keystone pipeline and froze oil and gas exploration leasing on federal lands.

Since July, oil has jumped from about $60 a barrel to about $85 and gas prices have skyrocketed. Is Biden concerned? Just the opposite. He has been worried that his multi-trillion dollar Build Back Better bill with its anti-carbon provisions may not come together before the Glasgow climate summit.