• Connecticut DOL’s Take on State’s Employment Situation – October 2012

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Connecticut’s payroll jobs survey estimates Connecticut added 1,200 jobs over the month and a mall increase in the state’s unemployment rate to 9.0%. ”Though our monthly employer and household employment survey programs have been volatile in recent months with many ups and downs, it appears that job growth rates have been slowing over the last two quarters,” said Andy Condon, Director of the Office of Research at the Connecticut Department of Labor. “With October’s results we are, for the first time, showing year-over-year declines in job levels. "However, we believe that when we complete our annual benchmark revisions in March, we will be showing as many as 8,000 to 9,000 more jobs in the state than the payroll survey currently indicates. If so, the current year-over-year declines will no longer hold.” Source: CTDOL

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