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CT Unemployment Rate Jumps; New Haven Area Sees Growth

The unemployment rate rises slightly in June. Statewide, 3,600 government jobs were lost.

Connecticut’s economic climate remains on uncertain ground, with preliminary June estimates show an 8.1 percent unemployment rate. The rate increased by three-tenths of a percent since May.

Despite the rise in unemployment, 1,400 new jobs were added. The private sector added 5,000 total, while government shed 3,600.

Three of the six major Connecticut Labor Market Areas (LMAs) had job gains in June 2012, while three declined, the Labor Department stated. The Bridgeport-Stamford-Norwalk region had the best regional gain in June, adding 1,900 jobs (0.5%). The New Haven region also increased employment strongly with a 1,700 gain (0.6%). Year over year, New Haven region job market has grown by 3,600,  or 1.4%.

“June’s mixed results are a mirror of the strengths and weaknesses of the current job market,” said Andy Condon, a chief researcher at the Connecticut Department of Labor. “Overall job growth is slow, though the private sector continues to show a decent recovery. Unfortunately, the jump in our unemployment rate indicates we are not growing jobs fast enough to satisfy the need in our economy.”

Gov. Dannel P. Malloy offered his perspective on the numbers.

“Let’s put this month’s job figure into context.  It was announced last month that 102,000 private sector jobs were created nationally.  That means with 5,000 private sector jobs created here in Connecticut, our state is responsible for 5% of the country’s job growth in the last month even though we only account for about 1% of the country’s population.

He added, “We clearly have a long way to go, but let me be clear – job creation continues to be my top priority.

Individual information for every town and city has not been released yet.

 

susan Barnes July 22, 2012 at 11:55 AM
Government jobs being cut back is considered a "loss"? To most that is a real positive.
ronnie July 22, 2012 at 03:02 PM
Losing government jobs is not necessarily positive. That idea is born out of propaganda and believed by the ignorant. If our tax money goes to services that are cut and then gets diverted to start illegal wars, subsidy to corporations etc, you are in essence being taxed twice. We need government services, we just need to stop waste. We also need to get back to community which privatization will destroy. Privatization currently equals monopolies and large corporations shut out small business and competition. We need a whole new system not ridiculous assertions that cutting government benefits, jobs or bargaining rights will save us, it is instead another step to solidify the oligarchy.
dave August 17, 2012 at 10:26 PM
socialism? is that what you are advocating? tell me ronnie, what system has made this the wealthiest strongest nation in the history of mankind? what system is failing miserably across the atlantic? your logic befuddles me? if the govt did their job in protecting the people from the corruption instead of this cronie capitalism of you wash my back and ill wash yours like our current govenor has installed our current system works just fine. the govt is the problem, we dont have people of character leading us, thats the problem. and you think bigger govt is the answer, my good Lord, are you ever naive and misguided.

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