The state had another month of employment growth, marking the fourth month in a row of job gains.

"The August jobs report shows continued improvement and moderate growth," said Peter Gioia, CBIA vice president and economist.

Adding 3,200 jobs, the biggest improvements came in the education and health services (2,500), government (1,300), and trade, transportation, & utilities (1,000) sectors. Manufacturing (500) also had slight improvement.

Unemployment also declined one tenth of a percentage point to 5.3%.

Noting the job losses in financial activities (-700) and construction (-500) which normally tend to be higher wage jobs, Gioia cautioned that not everything is rosy.

"We're not there yet," said Gioia of the economic recovery.

"The U.S. has recovered 142% of jobs lost during the economic recession, while Connecticut is only at 88% of recovery."

"Regionally, the Hartford and lower Fairfield county labor market areas are doing better than the rest of the state while the Norwich and New London labor market area continues to be the laggard of the state," Gioia noted.

That region is down 1,300 jobs year over year.


CBIA is Connecticut's largest business organization, with 10,000 member companies. For more information, please contact Meaghan MacDonald (860.244.1957; or visit the CBIA Newsroom.