CBIA Response to February 2025 Employment Report

The state’s largest business organization issued the following response to today’s release of the February 2025 employment report. 

“It’s unfortunate to see anemic job growth at any time, but particularly now as we continue to deal with the labor shortage,” said CBIA president and CEO Chris DiPentima. 

“Connecticut’s year-over-year job growth is just 0.8%, which trails much of the region and the country—national growth is at 1.2%.

“We’re trapped in a frustrating holding pattern, despite the fact wages continue to grow, outpacing inflation and the country—private sector weekly earnings jumped 5.7% over the last 12 months.

“It’s clear employers are doing everything they can to attract quality workers, but persistent systemic issues continue to be obstacles to filling Connecticut’s 92,000 job openings—up 26% from the previous month.

“From housing, to healthcare and energy costs, Connecticut is one of the most expensive states to live and do business. 

“It’s up to state policymakers to address those challenges, but the calendar is moving quickly—we’re already at the midpoint of the legislative session. 

“And unfortunately, this session has featured too many bills that make it more expensive and too few that make Connecticut more affordable for residents and businesses.

“Lawmakers must focus on solutions that will make Connecticut a more affordable and attractive place to live and work.”

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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).