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Posted inMoney

CT DOL says February unemployment rate was 6.4%

The unemployment rate in Connecticut was 6.4 percent in February, a tenth of a point higher than the previous month as the state added both jobs and job seekers, the state Department of Labor said Thursday. “Connecticut’s record cold February temperatures and frequent snow appears to have affected industry employment, hours worked, and some unemployment […]

Posted inMoney

Report: Unemployment, jobs in CT dipped in January

The Connecticut Department of Labor issued a mixed labor analysis Friday, revising upwards the number of jobs created in 2013, while reporting that employment declined in January, even as the unemployment rate fell for a sixth consecutive month to 7.2 percent. Non-farm employment dropped 10,400 positions in January after hitting a post-recession high of 1,663,500 jobs in December, a fall partly blamed on the recent cold and snowy weather.

Posted inNews

CT jobs numbers don’t lie, they just confuse

Gov. Dannel P. Malloy trotted out a favorite statistic Monday on the tarmac of Waterbury-Oxford Airport, where he was promoting his administration’s economic development efforts: More than 40,000 jobs have been created in Connecticut since he took office. “The reality is with the creation of over 40,000 private sector jobs, we’re doing a pretty good […]