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CVS Health plans deeper job cuts in CT as dozens more people lose their jobs

October 27, 2023 by Jamie

HARTFORD CVS Health Corp. will make even greater job cuts at its Connecticut corporation, implementing dozens of additional layoffs on top of those that have already begun this month, with further effects on employment at its health insurance division in Hartford. Rhode Island-based CVS told the state Department of Labor on Friday that it will …

No COLA increase in 2024? How employees could lose next year

October 23, 2023 by Jamie

Each year, the government advances COLA on Social Security recipients' benefit checks based on the rate of inflation. In 2024, they will receive a 3.2% increase to take inflation into account.

A survey released Monday found that workers have received large raises over the past few years, but amid economic uncertainty they could soon disappear. Nearly half (49%) of 600 business leaders surveyed this month by ResumeBuilder.com said they would not provide cost-of-living adjustments (COLAs) to employees next year, and 26% said they either would not …