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Connecticut Business Leaders Optimistic Despite Workforce Challenges

  //food-wine.news-articles.net/content/2026/02/10 .. ers-optimistic-despite-workforce-challenges.html
  Published in Food and Wine on Tuesday, February 10th 2026 at 8:15 GMT by inforum
      Locales: Michigan, UNITED STATES

Hartford, CT - February 10th, 2026 - Connecticut business leaders today painted a largely optimistic picture of the state's economic future, while simultaneously acknowledging persistent and significant challenges related to workforce development. The assessment came during Inforum's annual Economic Outlook breakfast, a key gathering for the state's top executives. While projections for 2026 indicate continued expansion in several key sectors, a consistent theme throughout the discussion was the urgent need to address a growing talent gap that threatens to stifle broader economic progress.

Leaders across various industries - including technology, healthcare, and financial services - reported positive momentum. Many pointed to increased investment in research and development as a driver, particularly within the burgeoning tech sector, now fueled by a mix of established players and a growing number of innovative startups. Healthcare continues to be a stable and expanding sector, bolstered by an aging population and advancements in medical technology. Financial services, traditionally a cornerstone of the Connecticut economy, demonstrated resilience and continued growth, adapting to the evolving landscape of fintech and digital banking.

However, the enthusiasm was tempered by consistent warnings about the difficulty of attracting and retaining qualified employees. "We're seeing strong demand for skilled labor across the board," explained Sarah Chen, CEO of a mid-sized medical device manufacturer during a post-breakfast interview. "The problem isn't a lack of jobs; it's a lack of people with the right skills to fill them. We're competing not just with companies within Connecticut, but with firms all over the country - and increasingly, globally."

This competition is pushing wages upwards, adding to inflationary pressures, but leaders cautioned that simply throwing money at the problem isn't a sustainable solution. The core issue, they stressed, lies in a mismatch between the skills possessed by the existing and potential workforce and the evolving needs of employers. Several speakers emphasized the necessity for a more robust and responsive education system, one that prioritizes STEM (Science, Technology, Engineering, and Mathematics) fields, vocational training, and lifelong learning opportunities.

"We need to move beyond the traditional four-year college model," stated David Miller, VP of Operations at Stanley Black & Decker, during his remarks. "Apprenticeships, certificate programs, and rapid upskilling initiatives are crucial. We need to create pathways for individuals to acquire the skills needed for in-demand jobs, regardless of their prior educational background." Miller highlighted his company's own investment in employee training programs as an example, noting that internal upskilling has become a critical strategy for retaining valuable employees and filling critical roles.

The discussion also touched upon the impact of global economic trends and geopolitical uncertainties. Leaders acknowledged the risks posed by ongoing conflicts abroad, supply chain disruptions, and fluctuating energy prices. However, they expressed confidence in Connecticut's ability to navigate these challenges, citing the state's relatively diversified economy and its strategic location within the Northeastern corridor.

Henkel's Regional Director, Emily Carter, addressed concerns about sustainability and the increasing demand for environmentally friendly products and practices. "Consumers are increasingly demanding sustainable options," she noted. "Connecticut companies need to invest in green technologies and adopt circular economy principles to remain competitive."

Eversource representatives highlighted the ongoing investments in renewable energy infrastructure, pointing to the potential for green jobs and economic growth in the clean energy sector. However, they also cautioned about the need for a skilled workforce to build and maintain this infrastructure.

Beyond workforce development, leaders also discussed the importance of fostering a business-friendly environment in Connecticut. Concerns were raised about high taxes and regulatory burdens, which some argued hinder economic growth and discourage investment. The call for streamlining regulations and reducing the tax burden was a recurring theme.

The overall message from Inforum's Economic Outlook breakfast was one of cautious optimism. Connecticut's economy is positioned for growth, but realizing its full potential requires a concerted effort to address the workforce challenges, invest in education and training, and create a more favorable business climate. Without these critical changes, the state risks falling behind in the increasingly competitive global economy.