Connecticut gained 24,600 jobs in past year

March 17, 2015

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Job growth between 2013 and 2014 (Courtesy of the Labor Department)

HARTFORD, Conn. – Preliminary estimates from the Labor Department show the state added 24,600 jobs over the past year, including 6,400 jobs in January.

That makes January 2015 the seventh consecutive month the state has seen job gains. It also means the state has recovered 90,500 positions, or 76.1 percent, of those lost during the recession.

Connecticut’s jobs recovery is now 59 months old and is averaging approximately 1,534 jobs per month since February 2010, according to the Labor Department. Private-sector employment has recovered at a better pace than the government sector by adding 97,100 jobs, or 87 percent, of the jobs lost in the recession.

See the complete story at CT News Junkie.

Comments

One response to “Connecticut gained 24,600 jobs in past year”

Piberman

March 17, 2015

Kudos to NON for identifying that CT has only recovered 76% of jobs lost in the Recession more than 5 years ago. That makes CT one of the nation’s “low achievers”. With another Recession likely in a year or so CT may not fully regain its lost jobs. And since state revenues are highly dependent on the income tax another budget shortfall looms. Hopefully Gov Malloy will shift gears and prepare for the next downtown to avoid a major tax hike during tough times.

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