<H3>• CT Labor Situation — July 2015</H3>

Preliminary Connecticut July nonfarm employment numbers from the U.S. Bureau of Labor Statistics survey show the state increased jobs by 4,100 (0.24%) last month to a level of 1,696,000, seasonally adjusted. This is the third monthly nonfarm job gain in a row, signifying a fairly strong summer so far. The state is now estimated to have added 30,600 nonfarm positions (1.84%, 2,550 jobs per month) over the year.

The unemployment rate for July 2015 was 5.4% in Connecticut, seasonally adjusted, now much closer to the U.S. unemployment rate (5.3%). This is down three-tenths of a percentage point from the revised June 2015 unemployment rate of 5.7% and down a full percentage point from the July 2014 unemployment rate of 6.4%.

“The pace of decline in the state’s unemployed has accelerated in the last three months,” said Andy Condon, Director of the Office of Research. “This has brought Connecticut’s unemployment rate to a level nearly identical with the U.S. average….”

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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