19 December 2014

• Connecticut’s Labor Situation — November 2014


On a seasonally adjusted basis, the preliminary nonfarm job estimate shows Connecticut added 4,600 jobs (0.27%) in November 2014. The state nonfarm industry has now increased 25,700 positions (1.55%) since November 2013 to a level of 1,687,100 jobs.

“Connecticut’s recent string of healthier employment gains looks to be attracting many more jobseekers into the state’s labor market in the lead-up to the holiday season and holiday hiring appears to be above average,” said Andy Condon, Director of the Office of Research. “We are also starting to observe some much improved estimates of private sector wage growth that may be encouraging labor force participation as well.”

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2014 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


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