Connecticut added 4,000 new jobs in March, but concerns remain about the pace of the state's recovery compared with the region and the rest of the country.
Connecticut now has recovered about 78% of the 119,000 jobs lost in the recession, which ended five years ago.
The state continues to lag the post-recession recoveries of the United States (132% recovery rate) and neighboring Massachusetts (150%).
In addition, the unemployment rate remained unchanged at 6.4%, due in part to the increased labor force. The state's labor market grew by 6,129 participants last month.
The March report did revise the February jobs report to include an additional 800 jobs, finishing with a 2,900 loss.
"The labor situation had good news," said Peter Gioia, vice president and economist for the Connecticut Business & Industry Association.
Gioia noted that eight of the 10 major industry supersectors added jobs except construction, which he blamed weather, and financial services.
"The job market is proceeding at a moderate pace of recovery but we're still behind some in the region and the rest of the country overall."
CBIA is Connecticut's largest business organization, with 10,000 member companies. For more information, please contact Meaghan MacDonald (860.244.1957; email@example.com) or visit the CBIA Newsroom.