• Connecticut’s Employment Situation Not Improved – October 2012

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Connecticut’s October 2012 total non-agricultural employment, seasonally adjusted, grew 1,200 positions, or 0.1%, to 1,624,900 over the month. Since October 2011, the state’s job market has lost 2,800 jobs, or a -0.2% decline. This is the fourth monthly job gain in 2012, along with five months of losses, and one month with no change in job levels. The September preliminary estimate of a 2,000 (0.1%) job gain was revised lower by the Bureau of Labor Statistics to a 400 (less than -0.05%) job loss. The first ten months of 2012 have now produced job growth of just 1,400 positions. This is behind last year’s pace of 12,000 jobs added through October. The private sector in Connecticut added 1,100 (0.1%) jobs in October, but now shows a 300 position decline (less than -0.05%) since October 2011. Source: CTDOL

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