NORWALK, Conn. – Some recent news stories that may merit your attention on this long holiday weekend:
- Norwalk called a top city for empty nesters
- Demand for apartments skyrockets
- Journalism apocalypse intensifies
Older folks having Best Life in Norwalk?
Norwalk scored a 57.41 on an Empty Nesting Index, making it the best city in Connecticut for older adults looking to downsize now that their children have grown and left the house, as far as BestLife is concerned.
This news come to you from The Daily Voice Plus, which posted a short story advertising the study and inspired two readers to alert NancyOnNorwalk on the distinction.
BestLife editors relied on data sourced from the U.S. Census, the technology firm Niche, the tax compliance experts at Avalara, official U.S. climate data, and Google Maps, they state, calling Norwalk “a cut above” nearby communities due to its “low tax rate, charming downtown, and bustling marina.”
Bring on the apartments
“Demand for rental apartments reached a five-year high this spring, spurred by new household formation and lagging home sales,” the Wall Street Journal reports.
The problem with this link is that you need to subscribe to the Wall Street Journal to read the story. But you get the point, and that leads us to:
Jobs for journalists dwindle
“The news business is on pace for its worst job losses in a decade as about 3,000 people have been laid off or been offered buyouts in the first five months of this year,” Bloomberg reports.
“The level of attrition is the highest since 2009, when the industry saw 7,914 job cuts in the first five months of that year in the wake of the financial crisis, according to data compiled by Challenger, Gray & Christmas Inc., an outplacement and executive coaching firm,” the article states.
That downturn resulted in the creation of NancyOnNorwalk and, frankly, contributed to the early demise of founding NoN editor Mark Chapman.
The Save Journalism project reports that 32,000 newspaper employees have been laid off in the last decade and 60% of U.S. counties have no daily newspaper.