Connecticut ended 2015 with modest job growth, an economist with the state's leading business organization said today.

The state gained 300 jobs in December, while unemployment ticked up a tenth of a percentage point, to 5.2%.

"It's certainly not a spectacular report," said CBIA economist Pete Gioia, "but it is a positive report."

Year over year, Connecticut has recovered 22,600 jobs, with six of the 10 industry supersectors generating jobs in December. The largest of these gains was in other services (800 jobs) and leisure and hospitality (300).

Smaller gains were made in information (200); professional and business services (200); trade, transportation & utilities (200); and financial activities (100).

The government supersector – which includes gaming establishments, Gioia noted – lost 200 jobs.

On the whole, Connecticut has regained 102% of the jobs lost during the recession.

"Unfortunately," Gioia added, "the unemployment rate also rose a tenth of a point, to 5.2%.

"Basically we also saw a fairly weak labor force growth, which certainly affected the unemployment rate."

With eight out of 12 months in 2015 producing job gains, says Gioia, "it's important that Connecticut not only continue job gains but even accelerate them, and we really need to make sure that we make the right public policy moves to encourage companies to invest and add jobs."


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 email or call Meaghan MacDonald (860.244.1957).