CBIA Response to October 2022 Employment Report
The state’s largest business organization issued the following response to today’s release of the October 2022 employment report.
“October’s job numbers continue a positive trend of growth every month this year,” CBIA president and CEO Chris DiPentima said.
“However, with just 500 jobs added, October represents the slowest month for the year and perhaps signals a cooling in the job market—a pattern we’ve seen over the past two years.
“With 114,000 job openings in Connecticut, the labor crisis remains the biggest obstacle to our economy reaching its full potential.
“We must embrace all potential solutions for solving this crisis, an issue that we expect will be a key focus of the General Assembly when it convenes in January.
“Almost half of the incoming legislature supports our Transform Connecticut policy recommendations, which focus on common sense solutions around workforce training, housing, student loans, healthcare, and immigration.
“We look forward to working with the legislature and the administration to improve and implement more pathways to rewarding careers and open doors to opportunity for all communities and residents.”
CBIA is Connecticut’s largest business organization, with thousands of member companies, small and large, representing a diverse range of industries from every part of the state. For more information, please contact Scott Beaulieu (860.244.1929).
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