Connecticut unemployment rate over time

Connecticut’s unemployment dropped slightly from 5.7 to 5.6 percent in August as the state added 300 jobs, the Department of Labor reported Monday.

The new unemployment rate still remained higher in August than the 5.3 percent rate of one year ago.

“A relatively quiet month in Connecticut’s labor market as our unemployment rate continues to decline for the second consecutive month,” said Andy Condon, director of the labor department’s Office of Research.

Connecticut, which has added 18,600 positions over the past 12 months, still has not recovered all jobs — or even all private-sector jobs — lost in the last recession, lagging well behind the national average.

The state has recovered 103,200, or 92.4 percent of private-sector jobs lost, and 96,600 or 81.1 percent of all jobs lost in the last recession, which ended six-and-a-half years ago.

Four of the state’s 10 major industry super-sectors added jobs in August, led by education and health services, which added 2,000 positions. Gains also were recorded in the government, leisure and hospitality, and information super-sectors.

The largest loss was recorded in construction and mining, which was down 1,700 jobs. Losses also were recorded in: professional and business services; financial activities; manufacturing; trade, transportation and utilities; and other services.

The Connecticut Business and Industry Association decried the report.

CBIA economist Peter Gioia called it “bitterly disappointing, noting that the net gain of 300 jobs largely was driven by 1,800 jobs added in the government sector against 1,500 jobs lost in the private sector.

“These numbers show that the state economy’s foundation needs to be fortified, he said.  “… On balance, this is a report we wish we didn’t get.”

All four of the state’s labor market areas gained jobs.

Average hourly earnings in Connecticut were $30.39 per hour, up $1.04 or 3.5 percent.

Connecticut unemployment rate over time
Connecticut unemployment rate over time
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Keith M. PhaneufState Budget Reporter

Keith has spent most of his 31 years as a reporter specializing in state government finances, analyzing such topics as income tax equity, waste in government and the complex funding systems behind Connecticut’s transportation and social services networks. He has been the state finances reporter at CT Mirror since it launched in 2010. Prior to joining CT Mirror Keith was State Capitol bureau chief for The Journal Inquirer of Manchester, a reporter for the Day of New London, and a former contributing writer to The New York Times. Keith is a graduate of and a former journalism instructor at the University of Connecticut.

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