2024 Workforce Sector Economic Scorecard - State of Connecticut Last Updated: July 19, 2024

Taken together, this group of six economic indicators presents an overall picture of the current conditions in the Connecticut labor market. Current levels and the change from the previous period, as well as the year-to-year changes in the number of nonfarm employment jobs #1, residents employed #2 and residents unemployed #5, the unemployment rate #4, the size of the labor force #3, and the average weekly initial claims #6 - the number of those filing initial, new and additional, claims for unemployment. All workforce sector indicators are seasonally adjusted figures.

Nonfarm Employment Month 2023 2024 Jan 1,692.0 1,701.6 Feb 1,687.6 1,704.2 Mar 1,690.2 1,704.7 Apr 1,684.2 1,706.3 May 1,693.0 1,710.4 Jun 1,701.7 1,713.7 Jul 1,696.7 1,712.8 Aug 1,697.8 1,710.6 Sep 1,698.5 1,710.3 Oct 1,700.7 1,709.0 Nov 1,699.7 1,709.3 Dec 1,695.8

Residents Employed 2023 2024 1,818.6 1,819.5 1,820.5 1,820.3 1,822.9 1,825.0 1,825.0 1,827.6 1,826.6 1,832.7 1,827.5 1,838.8 1,827.1 1,838.5 1,825.1 1,837.0 1,822.5 1,839.1 1,820.1 1,843.7 1,819.2 1,846.1 1,819.3

Labor Force 2023 2024 1,886.3 1,902.4 1,886.4 1,906.4 1,887.1 1,910.5 1,888.3 1,911.1 1,889.8 1,914.5 1,892.0 1,913.4 1,894.5 1,907.8 1,896.8 1,902.5 1,898.6 1,900.5 1,899.6 1,901.4 1,899.5 1,903.0 1,899.1

Unemployment Rate 2023 2024 3.6 4.4 3.5 4.5 3.4 4.5 3.3 4.4 3.3 4.3 3.4 3.9 3.6 3.6 3.8 3.4 4.0 3.2 4.2 3.0 4.2 3.0 4.2

Residents Unemployed 2023 2024 67.7 82.9 65.8 86.1 64.2 85.4 63.2 83.4 63.2 81.8 64.5 74.6 67.4 69.3 71.6 65.5 76.1 61.4 79.6 57.7 80.3 56.9 79.9

Average Weekly Initial Claims 2023 2024 3,819 4,011 3,872 3,977 3,926 3,946 3,954 3,922 4,095 3,785 4,549 3,506 4,274 3,211 4,092 3,190 4,054 3,172 4,043 3,153 4,033 3,131 4,009

2024 Workforce Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net % 6 3 3 0 0% 6 2 4 0 -33% 6 3 3 0 0% 6 4 2 0 +33% 6 4 2 0 +33% 6 4 2 0 +33% 6 2 3 1 -17% 6 2 4 0 -33% 6 2 4 0 -33% 6 2 3 1 -17% 6 2 3 1 -17%  %

State of Connecticut Department of Labor - Office of Research 200 Folly Brook Boulevard, Wethersfield, CT 06109 LMI Home | CTDOL Home | CT.gov | Feedback | Disclaimer | Privacy Policy | Accessibility Policy This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more)