07/21/2022
CT Department Of Labor: State Jobs Numbers Remain Solid; All Economic Indicators Continue Positive Trends
(Wethersfield, CT) – Today, Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo released June jobs data showing continued positive economic growth in the state. The unemployment rate fell 0.2% to 4.0% and state employers added an estimated 1,700 jobs, making June the sixth consecutive month for job growth. Additionally, May job numbers were revised up to 2,400.
Commissioner Bartolomeo said, “We see continued economic progress in Connecticut—labor force participation is up, employers are hiring, and opportunities are out there for job seekers. Connecticut has among the highest labor force participation rates in the nation, critical for employers who are looking for workers. We remain concerned about the impact inflation and energy prices have on Connecticut residents—these are national issues with a potentially broad impact on residents, employers, and the state’s financial services sector.”
CTDOL Director of Research Patrick Flaherty said, “The notable change in this report is the accelerated growth we see so far this year in the manufacturing sector—this is good news for Connecticut and the companies that support the manufacturing workforce. Economic recoveries are always uneven. This is a solid and steady month, one that continues the positive labor market trends for 2022.”
TOPLINE POINTS FROM THE REPORT:
- With more than 1.4 million employed in Connecticut, the private sector is nearly 87% recovered from the pandemic shutdown.
- The healthcare industry added 600 jobs this month. Not seasonally adjusted data show nursing homes have added jobs this year after losing thousands of jobs during the pandemic.
- Childcare is up 600 jobs from June 2021, although still 1,300 below pre-pandemic levels. These numbers are an important consideration in workforce participation, particularly for women.
- Manufacturing jobs continue to grow with 600 new jobs added in June.
- Seven of 10 major supersectors added jobs or remained unchanged, three sectors declined.
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