Statistics for Managers: • Connecticut’s Job Picture in August: Bleak

20 September 2012

Employment: Connecticut’s August 2012 total nonfarm job estimate, seasonally adjusted, decreased by 6,800 positions or -0.4% to 1,624,800.

Since August 2011, the state’s job market has added 1,100 positions, or 0.1% growth.

This is the fourth monthly job loss in 2012, along with three months of gains and one month with no change in employment.

Unemployment: The estimate of people unemployed, seasonally adjusted, was higher by 7,600 (4.6%) from July 2012 to 171,000 in August.

The unemployment rate vaulted higher five-tenths of a percentage point to 9.0%. This is back to the same level measured for April 2011.

Source: CTDOL

Statistics for Managers