• Connecticut’s Employment by Industry – November 2012

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Five of Connecticut’s ten major employing industries displayed job growth in November 2012, while five industries showed over-the-month declines. Industry job gains were led by professional and business services, up 1,100 (0.6%). The construction and mining industry added 700 jobs (1.4%) this month as construction (700, 1.5%) led all gains, while mining was unchanged. Trade, transportation, and utilities added 400 jobs (0.1%). Wholesale trade (-500, -0.8%) job losses offset a retail trade (700, 0.4%) gain, while transportation and utilities (200, 0.4%) was slightly higher. Early retail trade staffing buildup for Christmas this November showed the most seasonal strength since 1998. Leisure and hospitality (100, 0.1%) produced a small net job gain as its underlying components offset each other. Arts, entertainment, and recreation services (1,000, 4.1%) strength was countered by a falloff in accommodation and food services (-900, -0.8%). Manufacturing (-1,200, -0.7%) experienced the largest decline in November and tallied its fourth consecutive monthly job drop. The larger durable goods (-1,000, -0.8%) and the non-durable goods (-200, -0.5%) production components were both estimated to have lost jobs. Defense production is facing some year-end uncertainty. Financial activities (-600, -0.5%) continued to lose employment and was driven lower by a drop from finance and insurance (-600, -0.5%). Real estate was unchanged over the month. The information industry (-600, -1.5%), pulled back notably this month after posting three monthly job gains in a row. The end of heightened election broadcasting activity may have had an influence. Government (-300, -0.1%) remained soft with local government (-300, -0.2%) showing the largest drop while the state (100, 0.2%) and federal (-100, -0.6%) government divisions offset each other. Education and health services industry conceded 200 jobs (-0.1%). A large education drop-off in jobs (-1,700, -2.6%) counteracted a solid health services gain (1,500, 0.6%).The education decline is unexpected mid-term and may have been driven by storm-related closings. Source: CTDOL

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