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Connecticut Lost 3,500 Jobs In November; Unemployment Rate Hits 4.6%

Connecticut lost thousands of jobs in October and November, according to the monthly unemployment reports
Connecticut lost thousands of jobs in October and November, according to the monthly unemployment reports Photo Credit: Provided

The latest jobs report from the state shows that Connecticut lost 3,500 jobs in November, following a loss of 6,200 job in October.

Over the year, Connecticut has 700 job positions, according to a report released Thursday by the Connecticut Department of Labor.

The state’s unemployment rate increase one-tenth of a point to 4.6 percent in November as the number of unemployed residents jumped by 1,400, the report said.

“Job growth in 2017 has slowed significantly since peaking in the second quarter,” said Andy Condon, director of the Office of Research at the Department of Labor. “However, November’s year-over-year decline of 700 jobs does not necessarily mean Connecticut has produced fewer jobs in 2017 than in 2016. On an annual average basis, Connecticut has grown 5,000 jobs over 2016 in the twelve months ending in November.”

The biggest job losses came in leisure and hospitality, which declined by 2,000 jobs in November. The Department of Labor blamed that drop partially on the strong summer in the seasonal occupations.

Professional and business services was next with a loss of 1,400 jobs, and the volatile construction and mining industry lost 1,300 jobs.

Connecticut has recovered 69.9 percent of the 119,100 jobs lost in the Great Recession of 2008 to 2010.

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