According to recent labor statistics from the U.S Department of Labor, 2015 was a strong year for job recovery in Connecticut, which ranked sixth in nation for the largest decline in unemployment.
According to the most recent federal and state data, jobless numbers dropped from 6.3 percent in November 2014 to 5.1 percent in November 2015.
“Our private sector businesses are seeing steady growth, and the data that we’re seeing is encouraging,” said Governor Dannel P. Malloy in a statement. “Progress is no doubt happening ”” and we intend to ensure it keeps happening.”
Malloy pledged to remain committed to working with employers to expand employment opportunities for the state”™s labor force in the new year.
Data released earlier this month showed that Connecticut has recovered 113,400 of the 111,600 private sector jobs that were lost during the 2008 recession, bringing the state’s private sector recovery rate to 101.6 percent. Over the year, Connecticut has added 26,800 non-farm jobs across all sectors, Connecticut has recovered 89 percent of the jobs lost since the recession began.
- An overview of Connecticut’s job gains since the start of the recession. Courtesy of the Connecticut Business & Industry Association
The decrease puts Connected ahead of eighth-ranked New York, which experienced one percent decrease during the same time-frame dropping the state”™s unemployment rate from 5.8 percent to 4.8 percent.
Topping the list was Rhode Island, which experienced a 1.7 percent decline in the unemployment rate, dropping from 6.9 percent in November 2014 to 5.2 percent in November 2015.
The unemployment rate grew in five states: Texas, North Carolina Oklahoma, West Virginia and New Mexico, with New Mexico experiencing the largest increase at .7 percent, increasing its unemployment rate from 6.1 percent to 6.8 percent ”” the highest in the nation.
