CBIA Response to March 2026 Employment Report

The state’s largest business organization issued the following response to today’s release of the March 2026 employment report. 

“The long-term trends highlighted in this report send a stark warning about the direction of Connecticut’s economy—we’re not just treading water, we’re falling behind,” said CBIA president and CEO Chris DiPentima.

“Stagnant job growth, rising unemployment, and a shrinking labor force are not the signs of a healthy or resilient economy—these are major red flags that current policies are not working for residents or businesses.

“These numbers aren’t leading indicators; these are the consequences of policy decisions—if we want job growth and a strong economy, we must make different choices.

“Unfortunately, opportunities to strengthen the state’s workforce and competitiveness went largely ignored by policymakers during the 2026 General Assembly session.

“Instead of tackling affordability—like the high cost of healthcare and energy—policymakers added uncertainty, exactly the opposite of what businesses and residents need at a time of slowing growth.

“As the legislative session ends and the state looks to a critical election season, it’s crucial that our policymakers understand the consequences of their decisions.

“If we want to make meaningful job gains and grow our population—the answer lies in attracting and retaining the businesses and workers.

“That starts with a policy climate that focuses on affordability, rewards investment, supports growth, and strengthens Connecticut’s ability to compete.

“The jobs are here—according to the Department of Labor, there were 85,749 openings in March.

“Connecticut employers are doing their part to attract and retain workers, with private sector wages up 4.3% year-over-year—well ahead of inflation.

“Now we need policymakers to recognize these challenges and address them appropriately.”