CT Labor Department: ‘Moderate’ jobs growth has resumed
Connecticut added 4,900 non-farm jobs in March, an indication the state has resumed the moderate growth apparent at the end of 2013 and interrupted by the snows of January, the state Department of Labor reported Thursday. Unemployment was unchanged at 7 percent, ending a seven-month string of monthly decreases.
“March showed some solid signs of a return to previous job growth trends,” said Andy Condon, the labor department’s director of research. “These include the third month in a row of an expanding labor force and employment/population ratio, growing manufacturing employment, and positive movements in private-sector hours and earnings.”
Connecticut has regained 65,000 of the 119,100 seasonally adjusted, non-farm jobs lost during the recession of March 2008 to February 2010. The recovery has averaged 1,327 jobs every month since the end of the recession.
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