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Connecticut’s private sector has recovered 102 percent of jobs lost during the recession – the first net expansion of private sector jobs in 88 months.
Bridgeport had the largest unemployment drop by percentage.
The regional labor force got smaller, at 1,120,600. That was a decrease of 2,600 people, or 0.2 percent, from a year ago.
The troubled Edinburgh bank was recently accused of laundering money for the KGB.
Connecticut has added 5,500 jobs since April 2016, the slowest year-over-year growth of the New England states.
The acquisition is expected to completed in the first half of May and will provide Sports Direct with what it called “a footprint in U.S. bricks-and-mortar retail and a platform from which to grow US online sales.”
"Cutting jobs is no way to achieve shared prosperity," American Federation of Teachers Connecticut President Jan Hochadel said.
March’s 4.8 percent unemployment is six-tenths of a point better than it was in March 2016.
Gains in local government education employment partially offset losses in the private sector.
For 2016, nonagricultural employment in the state grew by 5,400 jobs.