• Connecticut’s Labor Situation – November 2012

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November 2012 employment estimates suggest a slightly improved labor market in the state this month. The unemployment rate dropped two-tenths of a percentage point and the state added 300 jobs in a November month hampered by a major storm recovery. There may still be lingering effects from Hurricane Sandy apparent in November’s employment estimates (last year, Storm Alfred hit the state at almost the same time, in late October). “November’s job and unemployment numbers are encouraging, especially in the light of the challenges that Hurricane Sandy brought,” said Andy Condon, Director of the Office of Research at the Connecticut Department of Labor. “However, the continuing trend of civilian labor force decline driven primarily by previously working individuals’ causes concern that we are seeing a fundamental shift in the demographics of Connecticut’s workforce. We will be watching carefully to see if this trend continues or is a temporary movement.” Source: CTDOL

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