Connecticut gained 4,100 jobs in May but its unemployment rate remained unchanged at 4.5 percent, the state Department of Labor reported Thursday.
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Labor report: Connecticut gained 4,100 jobs in May
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Unemployment
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CT gains 6,000 jobs in December
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Connecticut gained 6,000 non-farm jobs in December, but its unemployment rate remained constant at 4.6 percent, the state Department of Labor reported Monday. Continue Reading →
Filed under: Budget/Economy, state Department of Labor, Unemployment
CT’s jobless rate climbs slightly
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Connecticut lost 3,500 jobs in November as the state’s unemployment rate rose slightly to 4.6 percent, the Department of Labor reported Thursday. Continue Reading →
Filed under: Budget/Economy, Connecticut Department of Labor, Unemployment
Connecticut’s private sector jobs finally rebound from ’08
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Connecticut’s private sector appears to have completed its painfully slow recovery from the Great Recession of 2008, as the state added 7,100 private-sector jobs last month, the state Department of Labor reported Thursday. Unemployment, however, still rose a tenth of a point to 5 percent. Continue Reading →
Filed under: Budget/Economy, jobs report, The Great Recession, Unemployment
Economists divide on how deeply state layoffs wound economy
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Ongoing state employee layoffs are expected to wipe out one-sixth of the job growth Connecticut enjoyed last year. Economists agree these job cuts will harm the economy, but divided over the long-term impact and the alternatives. Continue Reading →
Filed under: Budget/Economy, Labor, Connecticut state budget, Edward Deak. Don Klepper-Smith, Fred Carstensen, layoffs, Nicholas Perna, Peter Gioia
CT jobless rate rises as 2015 job growth estimates are cut in half
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Despite gaining 900 jobs, Connecticut’s unemployment rate rose slightly in January from 5.4 to 5.5 percent, the state Department of Labor reported Friday. The department also significantly reduced its original job growth projections for 2015 by 14,700 jobs. That means Connecticut only has recovered 73 percent, or 86,700 of the jobs lost in the last recession. Continue Reading →
Filed under: Budget/Economy, Labor, Connecticut unemployment, Department of Labor, Unemployment
December jobless rate up slightly after a year of improvement
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Connecticut’s unemployment rate rose slightly in December, but still finished well below the jobless rate from the end of 2014, the state Department of Labor reported Monday.
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Filed under: Budget/Economy, Connecticut Department of Labor, Ct jobless rate, CT unemployment rate, December unemployment rate, Unemployment
Connecticut hits milestone in jobs recovery
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After six years of fits and starts, Connecticut’s job recovery hit a significant benchmark in November as the state added 5,100 jobs, giving the private sector a full recovery from the job losses of the Great Recession. The unemployment rate remained at 5.1 percent. Continue Reading →
Filed under: Budget/Economy, Connecticut Department of Labor, jobs, The Great Recession, Unemployment
Unemployment down, but so were jobs in September
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It was a contradictory monthly jobs report issued Monday in Connecticut: Unemployment fell to 5.2 percent in September, but the state also recorded a net loss of 7,600 jobs, the first drop in five months. Continue Reading →
Filed under: Budget/Economy, Labor, Andy Condon, Connecticut Department of Labor, Unemployment
CT job centers to remain open with ‘reduced services’
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Gov. Dannel P. Malloy’s administration announced Monday a revised plan to keep open six Department of Labor job centers – albeit with reduced services and smaller, privatized staffs. Continue Reading →
Filed under: Budget/Economy, American Job Centers, layoffs, state Department of Labor, Unemployment
CT unemployment hits seven-year low of 5.4%
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Connecticut gained 4,100 jobs in July as the unemployment rate fell to a seven-year low of 5.4 percent, marking three consecutive months of job growth that have brought the state’s unemployment rate close to the U.S. average of 5.3 percent. Continue Reading →
Filed under: Budget/Economy, Connecticut Business and Industry Association, Connecticut Department of Labor, Connecticut unemployment rate, Unemployment
Funding woes threatened CT labor department jobs a year ago
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Though Gov. Dannel P. Malloy said last month that a projected shortfall in federal funds was forcing his administration to lay off almost 100 Labor Department workers, a deficit topping $14 million for labor personnel was identified nearly one year ago. Continue Reading →
Filed under: Budget/Economy, Politics, AFSCME Council 4, state Department of Labor, Unemployment
CT jobless rate drops to 6% as 6,400 jobs created
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Connecticut’s unemployment rate dropped to 6 percent in May, buoyed by the addition of 6,400 new non-farm jobs, the state Department of Labor reported Thursday. Continue Reading →
Filed under: Budget/Economy, Connecticut unemployment rate, Department of Labor, Economy, jobs, Unemployment
CT DOL says February unemployment rate was 6.4%
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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 claims activity last month,” said Andy Condon, director of the Office of Research. “Nevertheless, the state’s labor force weathered the cold and continues to expand, bringing out more jobseekers.”
The unemployment rate was higher, despite the addition of jobs to the economy, since more people were seeking work, Condon said. The state’s labor force, which grew by 5,368 jobs last month, now has increased for 17 consecutive months. The February 2014 unemployment rate was 7 percent. Continue Reading →
Filed under: Budget/Economy, Andy Condon, Department of Labor, Unemployment
CT jobless rate stays at 6.3 percent despite January job gains
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Connecticut’s jobless rate remained fixed at 6.3 percent in January despite the addition of 6,400 jobs, the state Labor Department reported Monday. Continue Reading →