CBIA Response to February 2024 Employment Report

The state’s largest business organization issued the following response to today’s release of the February 2024 employment report. 

CBIA president and CEO Chris DiPentima called the addition of 900 jobs “steady growth that continues a positive trend to begin 2024.”

“It’s also encouraging to see the state’s labor force—those working and those actively looking for work—increase by 4,000 in February and 20,000 year-over-year.

“Connecticut has 90,000 job openings and approximately 86,000 people looking for work. 

“That is a sharp contrast to just a few months ago when there were essentially 1.5 jobs for every unemployed person in the state.

“It’s great to see more people participating in the labor market. 

“It is critical that we broaden and target skills-based workforce development efforts across the state to connect those looking for work to those job openings.

“Connecticut employers continue to see strong demand for their products and services—they need more people to sustain that demand.

“Policymakers must enact solutions that address the labor shortage, make Connecticut a more affordable place to live and work, and provide opportunities for all residents.”

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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).