Latest Links: Pittsfield Struggles With Overtime Ban, Senate Puts Kibosh On New Welfare Limits
New Hampshire’s Business And Economic News In Brief
Pittsfield: Overtime ban forces adjustments – “As the Pittsfield selectmen work to tighten the town’s spending, decisions such as placing a ban on scheduled overtime hours have raised concerns and required adjustments.” Concord Monitor
Capitol Watch: Welfare limits wanted by House, tough sell in Senate – “CONCORD – A House-approved move to reduce the lifetime limit for New Hampshire residents to collect welfare got stopped in its tracks by a powerful Senate committee Thursday. The measure, HB 263, would reduce the lifetime limit for those collecting Temporary Assistance to Needy Families from five years to three.” Nashua Telegraph
Labor leaders say NH’s claim as safest for workers endangered – “New Hampshire had the lowest rate of workplace fatality in the country in 2010 — four times lower than the national average — according to a compilation released by the national AFL-CIO. But New Hampshire labor leaders pointed out Thursday that 2012 does not look as safe for workers. As of late April, five people have died on the job in New Hampshire, including Greenland Police Chief Michael Maloney, shot and killed in the line of duty last month.” New Hampshire Union-Leader
N.H. foreclosures rise in March, but trend seems brighter – “The number of foreclosures in New Hampshire increased 16 percent in March from the previous month, but so far in 2012 foreclosures are down about 5 percent from where they were last year.” New Hampshire Business Review
Increase in student loan interest rate could cost NH students $30m – “The prospect of doubling federal student loan interest rates this summer, and the impact on graduates who will have to repay them, were the subject of a panel discussion Thursday at Plymouth State University.” New Hampshire Union-Leader
Cremation Society sues state Funeral Board over ‘arbitrary’ rulings – “The head of The Cremation Society of New Hampshire Inc. is suing the New Hampshire Board of Registration of Funeral Directors and Embalmers, charging the board is targeting him and trying to pull his license because he is most board members’ chief competitor.” New Hampshire Business Review