21 July 2015

• Connecticut Labor Situation — June 2015


Preliminary nonfarm employment numbers for Connecticut from the U.S. Bureau of Labor Statistics’s establishment survey show the state added 600 jobs (0.04%) in June 2015, seasonally adjusted. The state has now increased total nonfarm job levels by 27,000 (1.62%, 2,250 jobs per month) over the year to 1,691,900.

Connecticut’s private sector added 2,600 positions last month and has now increased job levels by 27,900 since June 2014 (1.96%, 2,325 jobs per month). May’s initially posted estimate of a nonfarm job increase of 6,400 (0.38%) was revised 500 positions lower to a 5,900 nonfarm jobs gain (0.35%).

Connecticut’s unemployment rate, seasonally adjusted, was estimated at 5.7% in June 2015, down three-tenths of a percentage point from the revised May 2015 figure, according to the Local Area Unemployment Statistics (LAUS) model from the U.S. Bureau of Labor Statistics. The state’s unemployment rate is lower by eight-tenths of a percentage point from June 2014 (6.5%). The number of Connecticut’s unemployed residents has declined by 13,414 (-11.0%) to 108,979 since June 2014.

“Above trend private-sector job growth looks to be continuing, while the jobless rate has recently declined significantly,” said Andy Condon, Director of the Office of Research.

Please visit this link to read the full report: CTDOLResearch

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.

© 2015 Connecticut Human Resource Reports, LLC

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


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