Connecticut gained 1,100 net jobs in August. The July originally-released job decline of 1,200 was revised up to a gain of 500 over the month. Connecticut’s August unemployment rate dropped by one-tenth of a point to 4.3-percent. Three of the six Labor Market Areas saw job increases, two had declines and the Danbury Labor Market Area was unchanged.
The government supersector, which includes all federal, state and local employment, including public higher education, continues to slip with a loss of 800 in August.
Labor Department researcher Andy Condon says after dips in Marchand April, Connecticut has now seen four straight months of employment gains. He notes that on an annual basis, the construction, manufacturing, education & health services and leisure & hospitality sectors are all showing good growth. However, financial activities, a traditional employment foundation in Connecticut, continues to show some weakness.