CT DEPT. OF LABOR: UNEMPLOYMENT RATE DROPS TO 3.4%; LABOR MARKET TIGHTENS FOR EMPLOYERS

CT DEPT. OF LABOR: UNEMPLOYMENT RATE DROPS TO 3.4%; LABOR MARKET TIGHTENS FOR EMPLOYERS (Wethersfield, CT) – Today, Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo released the August 2024 jobs report showing that while private sector jobs remain above the 2008 peaks, employers shed an estimated 2,200 jobs in August. Connecticut’s unemployment rate dropped …
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CT DEPT. OF LABOR: EMPLOYERS ADD JOBS; LABOR FORCE EXPANDS; UNEMPLOYMENT RATE UP SLIGHTLY

(Wethersfield, CT) – Today, Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo released the November 2023 jobs report showing that the state’s employers added an estimated 500 jobs in November. Connecticut’s unemployment rate remained below the national average for the fourth consecutive month at 3.6%, and the labor force expanded by 1,171 workers. October job …
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Governor Lamont Announces Connecticut Businesses Will Receive a 10% Decrease in Workers’ Compensation Rates in 2024

(HARTFORD, CT) – Governor Ned Lamont today announced that businesses in Connecticut will receive a nearly 10% decrease in rates for workers’ compensation insurance beginning on January 1, 2024. The Connecticut Insurance Department has approved an annual workers’ compensation rate filing for 2024 with a decrease of 9.8% to voluntary market loss costs and a …
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CT DEPT. OF LABOR: UNEMPLOYMENT RATE DROPS TO 3.5%; JOB GROWTH AND OTHER INDICATORS ARE STABLE AND POSITIVE

(Wethersfield, CT) – Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo today released the September jobs report estimating that the state’s unemployment rate remained a low 3.5% after dropping 0.1% with the August revision. This is the second consecutive month that Connecticut’s unemployment rate is below the national rate of 3.8%. State employers added 3,200 …
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Governor Lamont, Treasurer Russell, and Comptroller Scanlon Announce Transfer of $1.3 Billion To Pay Down Pension Debt

(HARTFORD, CT) – Governor Ned Lamont, Treasurer Erick Russell, and Comptroller Sean Scanlon today announced that more than $1.3 billion captured from volatile revenue sources over the last fiscal year is being transferred to pay down Connecticut’s pension debt. Budgetary reforms enacted in 2017 and extended this year through legislation signed by Governor Lamont require …
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CT DEPT. OF LABOR: UNEMPLOYMENT RATE STEADY AT 3.6%, EMPLOYERS ADD JOBS IN AUGUST

(Wethersfield, CT) – Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo today released the August labor situation report showing that Connecticut employers added an estimated 2,100 jobs last month. The state’s unemployment rate, 3.6%, is below the national average of 3.8% and is at a four-year low. The private sector has now fully recovered and …
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CT DEPT. OF LABOR: CT DEPT. OF LABOR: STATE EMPLOYERS ADD 2,900 JOBS; UNEMPLOYMENT RATE DROPS TO 3.6%

CT DEPT. OF LABOR: CT DEPT. OF LABOR: STATE EMPLOYERS ADD 2,900 JOBS; UNEMPLOYMENT RATE DROPS TO 3.6% (Wethersfield, CT) – Today, Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo released the July labor situation report showing a drop in the state’s unemployment rate to 3.6%, the lowest since September 2019. Connecticut employers added 2,900 …
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CT DEPT. OF LABOR: STRONG JOBS REPORT WITH 5,000 JOBS ADDED IN MAY; APRIL NUMBERS REVISED UP, UNEMPLOYMENT RATE FALLS AGAIN

(Wethersfield, CT) – Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo today released the May jobs report showing that employers added an estimated 5,000 jobs last month and the unemployment rate dropped slightly to 3.7%. April numbers were revised up with 1,200 jobs added to payrolls. To date, Connecticut has gained 18,400 jobs in 2023. …
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