Updated
Updated · Patch · Aug 24
Connecticut Adds 2,800 Jobs to Record 1.73 Million as New Milford Jobless Rate Hits 5.3%
Updated
Updated · Patch · Aug 24

Connecticut Adds 2,800 Jobs to Record 1.73 Million as New Milford Jobless Rate Hits 5.3%

3 articles · Updated · Patch · Aug 24

Summary

  • New Milford posted a 5.3% July unemployment rate, with 829 residents unemployed out of a 15,524 labor force, slightly above Connecticut’s 5.2% statewide rate.
  • Connecticut still added 2,800 nonfarm jobs in July, lifting payrolls to a record 1,730,500 even as unemployment stayed elevated and well above a year earlier.
  • Private employers drove the gain with 3,000 added jobs, while government lost 200; education and health services led sector growth with 2,500 new positions.
  • State labor officials said layoffs are not driving the higher jobless rate; new entrants are taking longer to find work even as payrolls keep rising.
  • Connecticut’s 5.2% seasonally adjusted rate topped the U.S. 4.1% rate for a seventh straight month, widening the gap from 0.2 points in January to 1.1 points in July.

Insights

With local unemployment soaring above the national average, who is actually filling Connecticut's record-breaking payrolls?
Are out-of-state commuters and multiple-job holders masking a hidden economic crisis for local residents?