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Labor Market Information - The Connecticut Economic Digest - Index of Articles
  Connecticut Economic Digest - Index of Articles Last Update: December 4, 2024
Published monthly since 1996 by the Connecticut Department of Labor, Office of Research and the Connecticut Department of Economic and Community Development.

The Connecticut Economic Digest's purpose is to regularly provide users with a comprehensive source for the most current, up-to-date data available on the workforce and economy of the state, within perspectives of the region and nation.

Every month the Connecticut Economic Digest provides the most current economic data available for Connecticut. Decision-makers from many arenas are better informed because the Digest makes it possible to follow the trends and understand the status of economic forces that influence Connecticut's labor markets. We are pleased to continue providing information that is useful in making decisions, setting plans, and engaging in informed conversation.

Articles from the Connecticut Economic Digest may be reprinted if the source is credited. Please send copies of the reprinted material to the Managing Editor. The views expressed by the authors are theirs alone and may not reflect those of the DOL or Department of Economic and Community Development. Managing Editor: Jungmin Charles Joo.

For further information, call the Office of Research at 860-263-6290 or e-mail to dol.econdigest@po.state.ct.us.

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  • Affordable Housing Production Incentives  November 2024 (5M) Pg.1-5
    By Al Sylvestre, AICP, Research Analyst

    Housing costs have received national attention in recent months. While the Consumer Price Index measure of inflation has abated in recent months, up just 2.6% in the year ending October 2024, the price of shelter is up 4.9% in the same period—on the heels of a 26.4% increase over the past five years according to the Bureau of Labor Statistics. Connecticut workers, including municipal workers such as firefighters, teachers, and police officers, need housing they can afford.

  • Connecticut State Economic Index Outpaces Nation in 2023  October 2024 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek

    After two years of all state indexes increasing, 2023 saw 10 out of 50 states and the District of Columbia experiencing a drop over the year. However, all state indexes but two are above their 2019 levels (year before the pandemic shutdown). Connecticut had the twelfth-highest 2023 growth in the nation at 3.7%, exceeding the nation’s 1.2% increase.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2024 issue), the Connecticut Department of Labor’s Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is re-estimated for the 2010-2023 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

  • Connecticut Town Economic Indexes Grew in 2023  September 2024 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek

    Connecticut's overall economy grew last year with nearly all towns seeing increases. Fully 136 of Connecticut's 169 cities and towns were above pre-COVID-19 pandemic (2019) levels in 2023. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor’s Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city’s overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. [ read more ]

  • Covered Employment and Wages: A 2023 Annual Review.  August 2024 (5M) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 1.6 percent during 2023.1 Employment growth was modest in 2023 but continued the upward post-pandemic trend. Total private industry employment, constituting 86.8 percent of the state’s employment total, increased by 1.5 percent. Total government employment increased by 2.0 percent. Connecticut has now recovered all the jobs lost during the pandemic, though some sectors have understandably fared better than others as business models change.

    Average annual wages for all Connecticut jobs increased by 3.1 percent, to $83,773. In 2023, private sector wages increased by 3.1 percent to $84,948; government wages also increased 3.1 percent to $76,044.

    New business establishments continued their significant growth, though they continue to be heavily influenced by registrations for teleworkers. New business starts were 14,210 in 2023, compared to 17,007 (revised) in 2022. Overall, establishments rose to 149,796 in 2023, an increase of 4.9 percent over 2022. [ read more ]

  • Bioscience Industry Employment Trends, 2001-2023. July 2024 (4.5M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's bioscience cluster includes advanced manufacturing and service sector Research and Development (R&D) industries focused on the design and production of pharmaceuticals and other medical equipment and technology.

    Figure 1 shows annual average Bioscience employment from 2001 to 2023. Overall, Bioscience employment fell from 2001 to 2017, driven by declines in its manufacturing component industries. The combined Bioscience cluster grew 2.5% and 4.4% in 2018 and 2019. After a slight 0.3% dip from 2019 to 2020, the cluster grew by 6.2% and 5.1% in 2021 and 2022. Bioscience fell slightly in 2023, down 344 or -1.3% in 2023 but the number of establishments increased. [ read more ]

  • Connecticut Housing Market Trends. June 2024 (4.5M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    In the years after the brief 2020 COVID-recession, Connecticut has experienced numerous shifts that have impacted the housing market. Inventory is down, prices are increasing, and multi-unit construction has become a majority of new housing development in the state. From 2017-2019, the pre-COVID housing monthly inventory ranged between 14,000 and 20,000 units in the state. After 2020, inventories tracked downward through 2024 and reached a low of 3,071 by February 2024. Part of the inventory decline is due to the large decrease in the time that a home is on the market. The median number of days a home was on the market in Connecticut from 2017-2019 ranged between about 50 days during peak summer months to a high of over 80 days during January of those years. After 2020, the median number of days on the market reached a low of 18 in May 2022. As inventory fell, buyers had fewer options and were eager to secure a sale, which helped shorten listing duration, further reducing inventory. In April 2024, statewide inventory was 3,432 and homes were on the market for a median of 32 days. Five years earlier (April 2019), inventory was over 15,000 and homes were on the market for a median of 53 days. [ read more ]

  • Most Towns Experienced Decreases in the Unemployment Rate in 2023.  June 2024 (4.5M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2023, the annual average statewide unemployment rate was 3.8%, down from 4.1% in 2022. As the labor force bounced back for the third year from the impact of the COVID-19 pandemic, most of the municipalities continued to experience a decrease in their unemployment rate last year.

    2022 to 2023
    The unemployment rate in 89% of the cities and towns in the state fell in 2023. Washington had the lowest unemployment rate of 2.3%, while the residents of Waterbury experienced the highest rate of 5.9% last year (see table on page 3 for the complete town data). Overall, a total of 131 cities and towns had jobless rates below the 2023 statewide figure of 3.8%, 30 had rates above it, and 8 had rates equal to it. By comparison, 125 cities and towns had rates below the 2022 statewide average of 4.1%, 38 above it, and 6 were the same.

    Of the five largest cities in the state with a population of 100,000 or more, Stamford had the lowest unemployment rate of 3.5% in 2023. Waterbury posted the highest jobless rate among the large cities at 5.9%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Short-Term Employment Projected to Grow Modestly Through 2025.  May 2024 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add almost 30,000 jobs through the end of the short-term projections period (2nd quarter 2025). In addition to that net increase, the state is projected to have over 425,000 openings across all occupational categories and every educational level. The industries driving this growth include Health Care, Educational Services, Manufacturing, and Transportation & Warehousing. Through 2025Q2, we project overall employment in Connecticut to increase by 1.6% from 1,824,865 to 1,854,557 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 2.1% and the Service-Providing sector is projected to grow by 1.5% over two years. This latter sector represents 86.6% of industry employment in the state. The current projections round spans the second quarter of 2023 to the second quarter of 2025.

    Projections by Industry
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. Among the 20 industry groups shown in Figure 1 (page 3), 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+9,255), Educational Services (+2,954), Manufacturing (+2,787), and Transportation & Warehousing (+2,692). [ read more ]

  • Connecticut's Population Gains.  April 2024 (4M) Pg.1-3
    By Patrick.Flaherty, Director of Research

    The latest population estimates from the U.S. Census Bureau show that Connecticut's population increased by 8,470 in 2023 with births outnumbering deaths by 2,115 and net migration from other states and countries totaling 6,248. While it will be some months before a breakdown by state and age will be available for 2023, the available data through 2022 show encouraging signs for Connecticut.. [ read more ]

  • Connecticut's Economy Recovers to its Pre-Pandemic Level in 2022  March 2024 (4.7M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Connecticut employment continued to grow for the third year in a row, nearly completely recovering to the pre-pandemic levels in 2023. (The January 2024 jobs numbers, released in March, show jobs have more than fully recovered from pandemic losses.) The revised annual average total nonfarm employment rose 1.6% to a level of 1,694,200 in 2023. Correspondingly, last year's annual average unemployment rate dropped further to 3.8% from 4.1% in 2022. Overall, the 2023 economy continued to recover moderately as per the annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2023 Connecticut regained 26,100 jobs (1.6%), fewer than the gain of 51,800 jobs (3.2%) in 2022. In the nation employment rose 2.3% in 2023, after having increased 4.3% in 2022.

    As shown in Chart 1, most of Connecticut's industry sectors continued to add jobs last year. Eight of eleven major industry sectors have gained employment over the year, while three shed jobs. The biggest job growth occurred in education and health services (13,200, +3.9%), and leisure and hospitality (4,200, +2.8%). However, information (-300, -1.0%), professional and business services (-900, -0.4%), and financial activities (-200, -0.2%) posted slight declines in employment in 2023. [ read more ]  

  • 2024 Economic Outlook: An Uncommonly Ordinary Year?  January 2024 (4M) Pg.1-5
    By Steven P. Lanza, Associate Professor-in-Residence, UConn Department of Economics

    The past several years have witnessed some extraordinary economic events. In 2020, a once-in-a-century virus triggered a near-collapse of the world economy. In 2021 real output grew at a breakneck pace as populations gained immunity against Covid and went back to work. In 2022 living costs jumped higher than at any time in more than a generation. Then in 2023, against all odds, price pressures were brought to heel without the feared sacrifice of high unemployment and reduced output. Now, with inflation nearly tamed, monetary authorities set to reverse rate hikes, and output and job growth on course to track closer to historical trends, 2024 is shaping up to be an uncommonly ordinary year.

    The Global Economy
    Following a 3.5% rise in world output in 2022, the International Monetary Fund (IMF) projects that global growth will slow to 3.0% 2023, and to 2.9% in 2024, below the 20-year annual average of 3.8%. The IMF outlook hinges on the assumptions that fuel and nonfuel commodity prices will ease in response to the slowdown in world economic activity, interest rates will peak and begin to inch downward in 2024 as major central banks begin to reduce rates, and 2024 will be a year of "fiscal consolidation" in developed and emerging economies alike, with fiscal tightening expected to be greatest among those countries that saw the largest increases in government debt in response to the pandemic. The IMF characterizes its overall outlook as consistent with a much-desired "soft landing" wherein price levels continue to ease while a major economic downturn is averted.

    Beneath these topline projections, however, lies a divergence between the emerging and developed worlds. For the advanced economies, including the United States and Western Europe, output is expected to slow from 2.6% in 2022 to 1.5% in 2023 and 1.4% in 2024 (well below the 20-year annual average of more than 2%). In emerging markets and developing economies, growth is expected to largely hold steady, from 4.1% in 2022 to 4.0% in both 2023 and 2024. Even so, those rates of growth remain below the 20-year trend of over 5% annually. [ read more ]

  • Summary of Boston Consulting Group's Report: "Getting Young People Back on Track"  December 2023 (4.3M) Pg.1-5
    By Xian Guan, Associate Research Analyst, Department of Labor

    In October 2023, the Boston Consulting Company (BCG) released "Getting Young People Back on Track," an important blueprint for identifying and re-engaging disconnected and at-risk youth. The report was produced using data from the state's P20 WIN project and reached audiences including policymakers, youth services professionals, safety net service agencies, and media outlets. To further the efforts to reach at-risk young people, the Connecticut Department of Labor (CTDOL) presents the report's key findings followed by a synopsis of how the underlying data was compiled through the Connecticut longitudinal data system, P20 WIN. Additionally, CTDOL's Research Unit, a P20 WIN partner, offers three data-driven recommendations for future research.

    At-Risk and Disconnected Young People
    "Getting Young People Back on Track" concluded that during the 2021-2022 school year Connecticut had 119,000 youth between 14-26 years old who are either disconnected or at risk. Using the below definitional framework, this total is comprised of 63,000 disconnected and 56,000 at-risk youth.

    On-track: young people aged 14-26 who are engaged in the educational system or on-track for gainful employment.

    At-risk: three sub-populations-off-track, those students who do not meet state credit attainment requirements; at-risk due to other factors, such as absenteeism and/or behavioral issues; and severely off-track, those students are off-track and display additional risk factors. [ read more ]

  • The Evolution of Zoning.  November 2023 (4.3M) Pg.1-5
    By Al Sylvestre, Research Analyst, Department of Labor

    Obnoxious sounds, smells, and danger from manufacturing, farming, and mining are high on the list of things we want to keep from our bedrooms, kitchens, and living spaces. Methods for achieving this evolved over time to be embodied in what land use planners call Euclidean zoning that is by turns confounding, controversial, mystifying, and aspirational. What follows is a brief examination of how zoning has become a useful tool even as its application can become an economic trap for real estate developers, regulators, small businesses, and residents. While the challenges of housing affordability and sprawl are daunting, the aforementioned planners, together with public officials, real estate developers, and community financial institutions, are formulating responses designed to give rise to communities of human scale that encourage interaction among their inhabitants.

    As people grew accustomed to living in group settlements, the walled cities of antiquity became places in which their denizens lived, worshipped, and carried out their civic business. Land outside the walls was reserved for the slaughter and rendering of animals, waste disposal, brick firing, mining, and other forms of extraction; the aboriginal form of zoning that separated incompatible land uses as shown in illustration 1 thus came into being. As populations grew and occupied ever more land, the protozoan form of cities, suburbs, and rural areas began to take shape where earth, space, vegetation, or any combination thereof came to serve as buffers separating incompatible land uses. As most work took place within the home before the industrial revolution of 1760 to 1840, residential areas in settlements of the time were centers of labor and commerce that gave rise to an urban environment of mixed residential and commercial land uses. The industrial revolution brought with it more intensive land uses such as manufacturing that took place in single large structures, on campuses, and within interconnected complexes occupied by up to thousands of workers gathered for labor that included assembly, slaughter and rendering of animals, and the processing of sewage and storm-water runoff. The scale at which industry did its work made the separation of working and living spaces a more urgent proposition; enter the concept of Euclidean zoning. [ read more ]

  • All State Economic Indexes Rose Again in 2022.  October 2023 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the second year in a row, all state economic indexes increased last year. Connecticut had the twelfth-highest 2022 growth in the nation at 17.8%, exceeding the nation's 17.6% increase. Rhode Island, Colorado, Missouri, and New Jersey grew the most in 2022 while Washington, Kentucky, Nebraska, and Utah were the slowest.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2023 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2022 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate.

    Business establishments are the physical work units located in the state. Employment is the number of payroll employees in the establishments that are located in the state who are covered under the unemployment insurance law (nearly the universe count of all the payroll employees in each state). Average annual pay is the aggregate wages earned divided by the total average employment. Establishments, employment, and wages are proxies for each state's business activities and its overall economic strength, while the unemployment rate measures the overall economic health of each state's working residents. [ read more ]

    Download SEI 2010-2022 data.xlsx

  • All of Connecticut Town Economic Indexes Recover in 2022.  September 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as all municipalities' indexes rose in 2022, a recovery for all 169 cities and towns that fell in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2022 data.xlsx

  • Covered Employment and Wages: A 2022 Annual Review.  August 2023 (5M) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 3.2 percent during 2022.1 A combination of employment returning from pandemic losses and a strong job market contributed to this increase. Total private industry employment, constituting 86.9 percent of the state's employment total, increased by 3.4 percent. Total government employment increased slightly by 1.6 percent. Since the economic shutdown in March 2020, Connecticut has recovered nearly all the jobs lost, though some sectors have understandably fared better than others.

    Average annual wages for all Connecticut jobs increased by 4.4 percent, to $81,241. In 2022, private sector wages increased by 4.5 percent to $82,373; government wages increased 3.2 percent to $73,754.

    Like 2021, new business establishment creation was up significantly compared to pre-pandemic, as new firms continue to explore new opportunities. New business starts were 16,459 in 2022, compared to 16,978 (revised) in 2021. Overall, establishments rose to 142,858 in 2022, an increase of 6.7 percent over 2021. Total private establishments represented nearly all of the increase, reaching 139,442 in 2022. Government worksites increased 1.5 percent in the state, from 3,374 in 2021 to 3,424 in 2022. [ read more ]

  • Solving the Office to Residential Conversion Puzzle  July 2023 (4.1M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With almost a quarter of Hartford's available office space lying fallow as the city's residential vacancy rate hovers near two percent, shrinking office footprints suggest an obvious solution to the capital region's housing shortage. While the Capital Region Development Authority (CRDA) and state agencies work with real estate developers to turn the office glut into housing opportunity, an examination of office to residential conversion feasibility illustrates the complexity of achieving the office to residential space balance that can make the long-held vision of Hartford as a vibrant 24-hour city a reality. Examples from Philadelphia (1600 Arch Street) and Manhattan (180 Water Street) illustrate the challenges and opportunities for converting office space into desirable dwelling units.

    A building envelope's shape, along with the placement of its structural columns, elevator shafts, and stairwells, constitutes the geometry within which an apartment's living, sleeping, and workspace areas are laid out. Developers, architects, and designers must solve for the adequacy of light and air movement that make a dwelling unit livable. The building's location and proximity to public amenities completes the value proposition of conversion versus demolition and new construction. [ read more ]

  • How COVID has changed the Labor Market  June 2023 (4M) Pg.1,4,5
    By Patrick.Flaherty, Director of Research

    Now that three years have passed since the emergence of COVID-19 it is possible to begin to distinguish between the short-term and long-term effects of the pandemic. To provide additional measures of the effects of the COVID-19 pandemic on the labor market, the Bureau of Labor Statistics (BLS) conducted a series of Business Response Surveys. The initial survey was conducted in July through September 2020. Additional surveys were conducted in July to September 2021 and August to September 2022. The results of these surveys give some insights into the effects of the pandemic on the labor market nationally and here in Connecticut. In addition, the Job Openings and Labor Turnover Survey (JOLTS) from BLS and the Job-to-Job Flows from the U.S. Census show one unexpected effect of the pandemic - the greater willingness of workers to voluntarily leave their jobs and the resulting increase the number of job openings.

    The 2020 Business Response Survey showed that Connecticut's business response to the pandemic was similar to businesses in the nation as a whole. For example, 51.9% of establishments nation-wide told employees not to work and 51.3% of these continued to pay employees some or all of their pay while not working. In Connecticut, it was 52.8% and 48.1% respectively. Nationally, 55.6% of establishments experienced a decrease in demand for their products or services and 18.7% experienced a government-mandated closure. Connecticut's portion with decreased demand was 56.3% while the portion with a mandated closure was 17.3% in Connecticut. Only 17.8% of establishments nationally and 17.1% in Connecticut reported that they experienced no impact from the pandemic on their business operations. [ read more ]

  • The Unemployment Rate of All Towns Fell in 2022.  June 2023 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2022, the annual average statewide unemployment rate was 4.2%, down from 6.3% in 2021. As the labor force bounced back for the second year from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2021 to 2022
    The unemployment rate in all 169 cities and towns in the state fell in 2022. Roxbury had the lowest unemployment rate of 2.5%, while the residents of Hartford experienced the highest rate of 6.5% last year (see table on page 3 for the complete town data). Overall, a total of 128 cities and towns had jobless rates below the 2022 statewide figure of 4.2%, 37 had rates above it, and 4 had rates equal to it. By comparison, 134 cities and towns had rates below the 2021 statewide average of 6.3%, 30 above it, and 5 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.9% in 2022. Hartford posted the highest jobless rate among the large cities at 6.5%. All five cities experienced over-the-year unemployment rate decreases.  [ read more ]

  • How Does Connecticut's Economic Growth Stack Up Against the Recent Budget Surpluses?  May 2023 (4M) Pg.1-5
    By Manisha Srivastava, Connecticut Office of Policy and Management

    There is a common adage that a strong stock market does not necessarily indicate a strong underlying economy, that the stock market is not the economy. What about budget surpluses – do year upon year of budget surpluses indicate a strong underlying economy?

    Connecticut (CT) has shifted from ongoing budget deficits during the 2010s following the Great Recession to budget surpluses, including billion plus dollar surpluses more recently. There are multiple factors responsible for these budget surpluses. As a result of the COVID-19 pandemic, the federal government stepped in with financial assistance including the Paycheck Protection Program and Enhanced Unemployment Insurance. In addition, the pandemic-mandated work from home policy (where possible) reduced state office expenses while waivers and other safety-oriented accommodations reduced the level of interactions with the public and hence expenses. And finally, certain tax revenue sources have continued to outperform and come in above projections. What do these strong revenues indicate regarding CT's economy, have CT's economic indicators similarly outperformed? Let's find out.

    The primary revenue sources for the General Fund (GF) include Income Tax and Sales and Use Tax; in Fiscal Year (FY) 2022, Income Tax made up 48.7% and Sales Tax made up 19.4% of General Fund revenues.2 There are two components to Income Tax, Withholding and Estimates & Finals, representing 31.7% and 17.1%, respectively, of General Fund revenues in FY 2022. About 20 other taxes, revenues, fees, and federal grants comprise the remaining 31.9% of the General Fund, including sources such as Corporation Tax, slot revenues, Real Estate Conveyance Tax, and the Pass-through Entity Tax. The primary drivers of the budget surpluses include Income, Sales, and the Pass-through Entity Tax. [ read more ]

  • Short-Term Employment Projections Through 2024.  April 2023 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add jobs through the end of the short-term projections period. Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The current round spans the second quarter of 2022 to the second quarter of 2024. Through 2024Q2, we project overall employment in Connecticut to increase by 2.5% from 1,800,395 to 1,845,444 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 3.7% and the Service-Providing Sector is projected to grow by 2.2% over two years. This latter sector represents 86.7% of industry employment in the state.

    Projections by Industry
    Among the 20 industry groups shown in figure 1, 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+6,156), Accommodation & Food Services (+5,493), Manufacturing (+5,478), and Transportation & Warehousing (+4,643). These four industries account for more than half of the projected overall growth across all industries. The projected Health Care growth will bring that industry to early 2020 pre-pandemic employment levels. Accommodation & Food Services was one of the hardest hit industries during the COVID-19 lockdown and fell by almost 50% during the first half of 2020 from 134,000 to 71,000. That industry is projected to increase to almost 138,000 workers by the second quarter of 2024, exceeding 2020 pre-pandemic levels but still down from a series high of 144,000 reached in late 2019. The gains in Manufacturing are driven in large part by Transportation Equipment Manufacturing (NAICS 336), which is projected to account for 2,957 of the 5,478 job increase projected for the overall sector. Transportation & Warehousing quickly rebounded from the COVID-19 lockdown and added jobs throughout the recovery. The industry was up 14,500 jobs or 25% from 2020Q2 to 2022Q2 and is expected to continue to grow by 7% through 2024Q2. [ read more ]

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • Connecticut's Economy Recovers to its Pre-Pandemic Level in 2022  March 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Connecticut employment continued to improve for the second year in a row, nearly completely recovering to the pre-pandemic levels. The revised annual average total nonfarm employment rose 3.1% to a level of 1,665,600 in 2022. Correspondingly, last year's annual average unemployment rate dropped significantly to 4.2% from 6.3% in 2021. In fact, 2022 economy recovered the strongest over the last nine years as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2022 Connecticut regained 49,300 jobs (3.1%), more than the gain of 45,600 jobs (2.9%) in 2021. In the nation employment rose faster at 4.3% in 2022, after having increased 2.9% in 2021.

    As shown in Chart 1, all but one of Connecticut's industry sectors bounced back last year. Ten of eleven major industry sectors have added jobs back over the year, while mining was unchanged. The biggest recovery occurred in leisure and hospitality (10.9%), other services (4.8%), and information (3.7%). Leisure and hospitality was also the biggest job gainer (14,700), followed by education and health services (8,300). Financial activities (0.2%) and government (1.3%) posted the slowest job growth in 2022. [ read more ]  

  • 2023 Economic Outlook: Major Challenges After Year of Solid Growth  February 2023 (4M) Pg.1-5
    By Steven P. Lanza, Associate Professor-in-Residence, UConn Department of Economics

    As the Covid-19 pandemic moved to the back burner in 2022, the world, the country and the state of Connecticut wrestled with a new host of challenges that will continue to shape the economic outlook for 2023. Chief among them: the highest rates of inflation in over forty years, aggravated by Russia's war against Ukraine which has injected uncertainty in global commodity markets for energy and food. Meanwhile, central banks around the world are raising interest rates to tame price pressures-an effort that will inevitably chill economic growth going forward.

    The Global Economy
    Following a 6.0% rise in world output in 2021, the International Monetary Fund (IMF) projects that global growth will slow to 3.2% 2022, and moderate further, to 2.7% in 2023. The IMF outlook hinges on the assumptions that: inflation expectations will not become unmoored; the worst of the dislocations created by Russia's invasion of Ukraine are behind us; and monetary authorities do not tighten policy to such an extent as to engender widespread recessions and upheavals in financial markets. Though an actual decline in world output does not appear to be in the cards, IMF forecasters anticipate that more than 40 percent of the world's economies that report output data on a quarterly basis will experience a so-called "technical recession" of two or more quarters of negative GDP growth.

    These topline projections, however, mask a wide gulf between the emerging and developed worlds. For the advanced economies, including the United States and Western Europe, where GDP rebounded by 5.2% in 2021 following its 4.4% plunge during the pandemic, output is expected to grow 2.4% in 2022 (slightly above its 20-year annual average of 2.1%) but by only 1.1% in 2023. High inflation will eat into purchasing power and rising interest rates will crimp consumer spending and business investment. In emerging markets, by contrast, where the toll of the pandemic was far less severe (output fell just 1.9% in 2020) and the 2021 rebound, at 6.6%, was brisker, output is expected to grow by 3.7% in 2022 and to maintain that pace in 2023. That growth rate, however, is significantly below the 20-year trend of 5.2% annually.  [ read more ]

  • STEM To Grow Faster Than Overall Occupations Through 2030.  December 2022 (5M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Science, Technology, Engineering, and Math (STEM) occupations are projected to grow faster than all occupations in Connecticut through 2030. These high-growth, good-paying occupations are distributed throughout most major industries in the state and include a variety of career opportunities for Connecticut workers.

    The Connecticut Department of Labor discussed our 2020-2030 long-term projections in the September 2022 edition of the Connecticut Economic Digest. That article noted expectations of employment increasing by 201,000 jobs in Connecticut from 2020 to 2030. The industries projected to drive this overall growth include Accommodation & Food Services, Health Care, Transportation & Warehousing, and Professional, Scientific, & Technical Services. The long-term projections are conducted every two years by all 50 states and major territories at the industry and occupational level. This article focuses on STEM occupations within the long-term projections to illustrate employment expectations for this important segment of the Connecticut economy.

    Top Ten STEM Occupations in CT
    The ten largest STEM occupations account for 57% of overall STEM employment in the state. Among these ten occupations, four are computer occupations (SOC-15), three are engineering (SOC-17), two are management (SOC-11), and one involves sales (SOC-41). The largest STEM occupation in the state, Software Developers & Analysts (15-1256) had 2020 employment of 19,130 and is expected to grow by 5,280 or 28% to 24,410 by 2030. The other STEM occupations in Figure 1 are projected to grow between 8% and 22% through 2030. These occupations have annual average wages of between $63,380 (Computer User Support Specialist) and $150,629 (Computer & Information Systems Managers). STEM occupations earned an average of $103,214 overall in 2021, which compares favorably to $67,169 earned on average for all employment in the state [ read more ]

  • 2021 Economic Indexes Rebounded in All States.  November 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Economic indexes bounced back last year in all states after having fallen in 2020. Forty-nine states (including Connecticut) had faster growth in 2021 than in 2019 - the last pre-pandemic year while one state matched the 2019 pace.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2022 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census of Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2021 period.

    These indexes provide a measure of the overall economic strength of each state. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2021 data.xlsx

  • Nearly All of Connecticut Town Economic Indexes Recover in 2021.  October 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as 99% of municipalities' indexes rose in 2021, after all of 169 cities and towns having fallen in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2021 data.xlsx

  • Long Term Industry and Occupational Projections: 2020-2030.  September 2022 (4.3M) Pg.1-5
    By Matthew Krzyzek, Economist and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut's employment is projected to increase by more than 201,000 jobs over the ten-year period ending in 2030. This 12% increase is 4.3 percentage points above the U.S. projection of 7.7%. Every two years, the U.S. Bureau of Labor Statistics produces 10-year projections of the U.S. labor force and employment by industry and occupation. This process is replicated at the state level to produce a detailed overview of the expected direction of the labor market in Connecticut.

    Effects of COVID-19 on the 2020-30 Projections
    The COVID-19 pandemic triggered a steep and short U.S. recession from February to April 2020.1 The impact of this translates to lower base-year values than earlier rounds of long-term projections. This results in higher projected employment growth, particularly in the industries and occupations that had the largest COVID-19 declines.2 These projections assume a full-employment economy, and many industries heavily impacted by COVID-19 are projected to have higher growth than would occur if the base year was not so low due to the recession.

    In addition, some industries and occupations have seen a change in long-term demand as a result of the pandemic. Industries that are expected to see long-term increased growth include computer-related occupations such as those that relate to telework computing infrastructure and IT security. On the other hand, Retail Trade is expected to experience an amplification of its long-term declines due to changes in consumer behavior that will outlast the pandemic. [ read more ]

  • Covered Employment and Wages: A 2021 Annual Review.  August 2022 (5M) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 3.0 percent during 2021. The return of employees to work after the COVID shutdowns of 2020 was the primary cause for the increase. Total private industry employment, constituting 86.7 percent of the state's employment total, increased by 3.5 percent. Total government employment was relatively flat, declining 0.3 percent. It is important to note that this is a historical look at 2021 and it paints a less rosy picture of the economy than we know to be true based on 2022 data.

    Average annual wages for all Connecticut jobs increased by 3.2 percent, to $77,839. Given the nation experienced a non-seasonally adjusted annual inflation rate of 4.7 percent in the Consumer Price Index for All Urban Consumers: All Items (CPIAUCNS), most employees lost purchasing power even with the nominal wage increase. In 2021, private sector wages increased by 3.2 percent to $78,820; government wages increased 2.7 percent to $71,462.

    Like 2020, new business establishment creation was up significantly compared to pre-pandemic, as new firms continue to explore new opportunities. New business starts were 15,292 in 2021, compared to 12,747 in 2020. Overall, establishments rose to 133,921 in 2021, an increase of 5.4 percent over 2020. Total private establishments represented nearly all of the increase, reaching 130,547 in 2021. Government worksites increased 0.2 percent in the state, from 3,368 in 2020 to 3,374 in 2021 [ read more ]

  • Transit Bus and Rail Ridership Trends  July 2022 (4.3M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With transit bus and rail ridership nearing pre-pandemic levels, the return of passengers to Connecticut's public transportation systems is on an upward trajectory. This stands in contrast to ridership trends from 2017 to 2020 shown in Charts 1 and 2. Chart 1 shows the number of unlinked passenger trips1 for each of CT Transit's2 divisions. Passenger trip decreases from 2019 to 2020 range from 7.2% in Waterbury to 17% in the New Britain division. The Hartford division that operates and manages 30% of the state's transit buses experienced a 17% ridership reduction. Pandemic-induced ridership declines in the nine transit districts outside of CT Transit's divisions (Chart 2) ranged from 63.3% for the Mashantucket-Pequot system to a low of 3.9% in the Northwestern Transit District (NWCTD). The two highest ridership districts, the Greater Bridgeport Transit Authority (GBT) with 4.2 million boardings in 2020, and the Norwalk Transit District with 1.1 million boardings had 20.2% and 18.1% fewer riders than in 2019. The outlier among these regions is the Windham Region Transit District whose nearly 25% ridership increase may be attributable to its concentration of employers whose operations depend on in-person work. [ read more ]

  • 2021 Unemployment Rate by Town.  June 2022 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2021, the annual average statewide unemployment rate was 6.3%, down from 7.8% in 2020. As the labor force bounced back from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2020 to 2021
    The unemployment rate in all 169 cities and towns in the state fell in 2021. Cornwall had the lowest unemployment rate of 3.7%, while the residents of Hartford experienced the highest rate of 11.0% last year (see table on page 3 for the complete town data). Overall, a total of 134 cities and towns had jobless rates below the 2021 statewide figure of 6.3%, 31 had rates above it, and 4 had rates equal to it. By comparison, 127 cities and towns had rates below the 2020 statewide average of 7.8%, 39 above it, and 3 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 5.7% in 2021. Hartford posted the highest jobless rate among the large cities at 11.0%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Job Openings Growth and the Tight Labor Market in Connecticut.  June 2022 (4M) Pg.1,4-5
    By Matthew Krzyzek, Economist, Department of Labor

    As the global economy recovers from the tumultuous impacts of COVID-19, its continued effect on labor markets is illustrated by a look at the BLS Job Openings and Labor Turnover Survey (JOLTS). The JOLTS survey provides information on labor demand and turnover at the U.S., regional, and most recently at the state levels.1 This information includes estimates of job openings, new hires, layoffs, quits, and other labor market movements.

    In the year before the early 2020 COVID-recession, the economy had a tight labor market. The unemployment rate was below 4% and the U.S. and Northeast both had more openings than unemployed workers throughout the year. Figure 1 shows the number of job openings per unemployed worker from early 2019 through March 2022. This ratio experienced an unprecedented decline during early 2020. In February 2020, Connecticut had 1.05 job openings per unemployed worker, a level in line with the Northeast (1.07). The U.S. rate was higher. Two months later, as COVID-related unemployment spiked, there were only 0.33 openings per unemployed worker in Connecticut and 0.20 in both the Northeast and U.S. Put another way, in April 2020, there were three unemployed workers per opening in the state, and five unemployed workers per opening in the Northeast and U.S. [ read more ]

  • Short-Term Employment Projections Through 2023.  May 2022 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past two years have been a period of unprecedented economic change during which labor markets adapted to COVID-19 mitigation. In early 2020, the US economy had a 2-month recession, the shortest on record.1 Employment peaked in February at 152.5 million and fell by 22 million two months later. Employment began to quickly rebound and more than half of the 22 million jobs lost were recovered by September 2022. The most recent month of data marks two years from the February 2020 pre-COVID employment peak and show that the current employment level has recovered 92.8% of jobs lost nationwide during the recession.

    Figure 1 shows the impact of the COVID-19 recession and recovery on northeast states through March 2022. Every northeast state had 2020 percent losses that were steeper than the U.S. Connecticut's 17% decline was the second lowest in the Northeast. Adjacent states of Massachusetts, New York, and Rhode Island had respective drops of 18.4%, 20.2%, and 21.3%. In the two years since the February 2020 peak, Connecticut has recovered 81.8% of the jobs lost during the COVID-recession, more than New York (76.4%), but less than Massachusetts (87.1%) and Rhode Island (85.1%). [ read more ]  

  • Much Ado About Traffic Safety  April 2022 (4M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    On the fifth day of spring 2020, Connecticut's roads became nearly deserted as the governor ordered that all but essential businesses and institutions stop in-person operations as a world-wide pandemic took hold. Despite near-universal compliance with the stay-at-home order, 301 people-the most since 2016-would die in motor vehicle crashes by year's end. The upward trend shown in the Crash Data Table continued through 2021 with traffic fatalities rising to 323. Connecticut's experience reflects the national trend in which motor-vehicle crashes killed 38,680 people in 2020. While traffic deaths across the US fell by 8% in the 2010's, pedestrian fatalities spiked by 42%. [ read more ]

  • Connecticut's Economy Rebounds in 2022  March 2022 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Though not completely recovered, Connecticut employment turned around last year following the severely COVID-19 pandemic-impacted 2020. The revised annual average total nonfarm employment rose 2.7% to a level of 1,613,000. Correspondingly, last year's unemployment rate dropped to 6.3% from 7.8% in 2020. Overall, 2021 economy recovered to a similar strength of 2018, as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2021 Connecticut regained 42,300 jobs (2.7%), after having lost 125,400 jobs, or -7.4% in 2020. Meanwhile in the nation employment rose 2.8% in 2021, after having shed 5.8% in 2020.

    As shown in Chart 1, most of Connecticut's industry sectors partially bounced back last year. In fact, seven of eleven major industry sectors have added jobs back over the year. The biggest recovery occurred in leisure and hospitality (14.1%), construction (4.6%), and trade, transportation and utilities (4.4%). Leisure and hospitality was also the biggest job gainer (16,500), followed by trade, transportation, and utilities (12,100). On the other hand, manufacturing (-0.3%) and government (-0.3%) lost jobs over the year. The biggest job loss was in financial activities (-2,500, -2.1%).  [ read more ]  

  • 2022 Economic Outlook: The Recovery Work Goes On  January 2022 (4M) Pg.1-5
    By Steven P. Lanza, Associate Professor-in-Residence, UConn Department of Economics

    In 2021, the world, the country and the state of Connecticut continued to dig out from under the economic wreckage left by the Alpha wave of the Covid-19, even as they fended off emerging mutations of the virus. While production has largely returned to pre-pandemic levels, jobs have been slower to come back. The recovery efforts will carry on in 2022, despite the rise of new variants, the growing threat of inflation, and the hesitancy of would-be workers to fill job openings.

    The Global Economy
    Following a 3.1% drop in world output in 2020, the International Monetary Fund (IMF) projects that the ongoing recovery from the global coronavirus epidemic will have added 5.9% to the value of world output in 2021, boosting production above pre-pandemic levels. Assuming vaccines become widely available in emerging markets and fiscal and monetary policy support continues in the developed economies, output should expand by another 4.9% in 2022.

    These topline projections mask a wide gulf between the emerging and developed worlds. For the advanced economies, including the United States and Western Europe, where GDP plunged by 4.5% during the pandemic, output is expected to grow by 4.9% in 2022-two and one-half times faster than the rate of trend output growth over the past 20 years. In emerging markets, however, where the toll of the pandemic was less severe (output fell just 2.1% in 2020) growth rates in 2022 are expected to reach 5.1%, but that is below the 5.4% 20-year average for this group of economies.  [ read more ]

  • LEHD: Data that Help Better Explain the Connecticut Labor Market.  December 2021 (4.7M) Pg.1-5
    By Patrick.Flaherty, Director of Research and Matthew Krzyzek, Economist, Department of Labor

    Connecticut has now regained 73% of the jobs lost during the COVID-19 shutdown and the unemployment rate has fallen to 6.4% as of October 2021. These numbers give a "snapshot" of economic conditions based on the Current Employment Statistics (CES) and Local Area Unemployment Statistics (LAUS), two surveys that provide a timely picture of Connecticut's labor market conditions.

    While not as timely, more detail regarding the workings of the labor market is available through the Longitudinal Employer-Household Dynamics (LEHD) data published by the U.S. Census Bureau. This data is possible due to the Local Employment Dynamics (LED) partnership between the Census Bureau and state workforce agencies including the Connecticut Department of Labor. [ read more ]

  • Responding to the COVID-19 Economic Crisis: One City's Story.  November 2021 (4M) Pg.1-5
    By Dean Mack, Economic Development Officer, City of New Haven

    As in the rest of the world, the economy in the City of New Haven has been heavily impacted by COVID 19. Quantitative data has proven to be one of our most reliable methods for understanding the development of the COVID 19 crisis and especially its impacts on our businesses. Continued unemployment claims topped out at 10,000 in April 2020, which made up over 15% of our labor force, and remained above 6,000 until July 2021. At least 66 businesses closed permanently, City parking revenues plummeted from over $100,000 per week in February 2020 to below $5,000 per week in April 2020, and downtown pedestrian counts dropped from over 65,000 per week to 11,000 during the same time span. These data points help us review the arch of the economic crisis with an added level of understanding that we did not always have as events were unfolding around us.

    As the crisis hit, the City was focused on immediate response in terms of public health, the continuity of government and supporting our economy. Federal assistance programs were being created to replace income or provide temporary or permanent relief from required payments like taxes, mortgage, and loans to businesses. Local economic development activities shifted to crisis response and triage as economic impacts rolled in. In addition to assisting through locally-funded programs, like the New Haven digital marketplace and Eat New Haven marketing program, the City also became a resource center, identifying and understanding Federal and State assistance programs and connecting businesses with applications. [ read more ]

  • All State Economic Indexes Fell in 2020 Due to the COVID Pandemic.  October 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Because of the COVID-19 pandemic, all state economic indexes fell over the year. After annual revisions, Connecticut ranked 35th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2020, down from the 25th position in 2019. Utah came in first in the nation with the highest index of 143.1 last year, while Hawaii placed last (103.3). Our state's index of 114.2 was below the nationwide value of 119.8

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2021 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2020 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2020 data.xlsx

  • All of Connecticut Town Economic Indexes Fell in 2020 Due to the COVID-19 Pandemic.  September 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy shrank last year because of the COVID-19 pandemic, as all of 169 municipalities' fell in 2020. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2020 data.xlsx

  • Covered Employment and Wages: A 2020 Annual Review.  August 2021 (5M) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut decreased by 7.5 percent during 2020. The impact of the Coronavirus pandemic was the primary driver of employment and wage changes in 2020. Total private industry employment, constituting 86.2 percent of the state's employment total, decreased by 7.8 percent. Total government employment was also down 5.3 percent.

    Average annual wages for all Connecticut jobs increased by 8.1 percent, to $75,411. One must keep in mind that this increase is mostly due to lower wage earners no longer being employed, raising the average. In 2020, private sector wages increased by 8.2 percent to $76,341; government wages increased 7.3 percent to $69,594.

    Despite, and perhaps because of the pandemic, new business establishment creation was up significantly over the second half of 2020 as the economy reopened. New business starts were 5,927 from July-December 2020, compared to 4,908 for the same time period in 2019. Overall, establishments rose to 127,003 in 2020, an increase of 2.6 percent over 2019. Total private establishments represented nearly all of the increase, reaching 123,635 in 2020. Government worksites increased 0.6 percent in the state, from 3,347 in 2019 to 3,368 in 2020. [ read more ]

  • Much Ado About Parking  July 2021 (1.5M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With more parking space than public parkland in its downtown, Hartford's planners are considering the role parking plays in city life. The 435.2 acres of parking in downtown's two square miles would cover the University of Hartford campus, Bushnell Park, and the entire river-front park system in Hartford and East Hartford combined. Comparable cities such as Cambridge, MA and Arlington, VA dedicate 80% less land to parking than our capital city. This article looks at the challenges excess parking brings to Hartford; the ambitious measure taken by the city to integrate parking with development to attract new residents; and a new downtown development that applies design principles prioritizing vibrant street life over storing cars.

    From 1960 to 2000, Hartford's parking-to-building-area ratio more than doubled because of its desire to emulate suburbs' easy access to parking. Map 1 shows the results of this trend. The city's 21st century development priorities are evolving from its pursuit of Class A office space1 to adding housing that would transform downtown from a briefcase town to a vibrant and diverse 24-hour community with active street life. Since 2014, 881 apartments have been added downtown, with 477 more under construction, and 188 units in planning or design phases. [ read more ]

  • 2020 Unemployment Rate by Town.  June 2021 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2020, the annual average statewide unemployment rate was 7.9%, up from 3.6% in 2019. Due to the COVID-19 pandemic, all 169 municipalities experienced an increase in their unemployment rate last year.

    2019 to 2020
    The unemployment rate in all 169 cities and towns in the state rose in 2020. Sharon had the lowest unemployment rate of 4.4%, while the residents of Norwich experienced the highest rate of 14.0% last year (see table on page 3 for the complete town data). Overall, a total of 127 cities and towns had jobless rates below the 2020 statewide figure of 7.9%, 40 had rates above it, and 2 had rates equal to it. By comparison, 126 cities and towns had rates below the 2019 statewide average of 3.6%, 31 above it, and 12 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 8.1% in 2020. Hartford posted the highest jobless rate among the large cities at 13.3%. All five cities experienced over-the-year unemployment rate increases. [ read more ]

  • Short-Term Employment Projections Through 2022.  May 2021 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past year is certainly one that won't be forgotten. The economy fell from record highs to record lows over the course of two months. From February to April 2020, the US and Connecticut economies fell respectively by 14.7 and 17.2 percent. In the year since, both have recovered just over 58% of the jobs lost from the February US employment peak to the April employment trough. When compared to other states, Connecticut's employment recovery rate (April 2020 to Feb. 2021) has been larger than the adjacent states of New York and Massachusetts but lower than Rhode Island's.

    Connecticut Short-Term Projections
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projection by industry and occupation. The current projections are for the period from the second quarter of 2020 to the second quarter of 2022. This base quarter coincides with the April 2020 employment trough and illustrates where we project employment to be two years after the start of the pandemic. Through 2022Q2, we project overall employment in Connecticut to increase by 13.5% from 1,541,793 to 1,750,039, as is shown in the industry table. This projected growth suggests that the state will rebound through 2022Q2 and recover most of the employment lost during the pandemic. [ read more ]  

  • A look at Connecticut's Bioscience Industry Employment  April 2021 (4M) pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The events of the past year have highlighted the importance of Bioscience. The immediate need for pandemic mitigation resulted in a global mobilization that rapidly produced vaccines and increased medical equipment production. Bioscience doesn't fall within a specific North American Industrial Classification System (NAICS) industry code and contains a broad cross-section of service industries and goods producing industries such as pharmaceutical, chemical, and medical device manufacturing. In February 2012, the Connecticut Economic Digest published an article on Bioscience which overviewed key industries that make up that sector in the state. The table uses the bioscience industry cluster defined in that article and shows that in 2019 (the last year of annual data), the state had over a thousand Bioscience establishments that employed over 23,000 workers. This industry definition Doesn't account for the total impact of Bioscience on overall employment given spillover effects on other sectors such as Education and Health Care, and it doesn't account for the total labor supply of available workers given that many employed in other forms of manufacturing or research & development have compatible occupational skills that would be relevant to an employer looking to expand in the state. [ read more ]

  • Update on Property Taxation  April 2021 (4M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    From the Lake Chaffee Improvement Association (Ashford) to the Borough of Jewett City (Griswold) to sandy Miami Beach (Old Lyme), property taxes1 levied by Connecticut's 169 municipalities and 310 taxing districts finance public education, safety, and infrastructure as well as some private roads and security. Real estate, motor vehicle, and personal property taxes constitute more than half of city, town, and district revenue and 98.5% of local tax collection to finance services provided by jurisdictions shown in Table 1. This article outlines local tax-assessment structures and describes novel solutions the city of Hartford developed to balance taxation among homeowners and commercial property owners. The Hartford example was chosen because its methods affect a broad cross section of property-tax payers rather than targeted relief offered by many of Connecticut's municipalities. The article concludes by describing the Massachusetts and New York experiences with property taxation limits.

    While local officials administer property assessment and taxation, state law governs the manner in which municipal assessors determine property value, assessment ratios,2 and tax-collection procedures. Additionally, state statute authorizes tax exemptions, credits, and abatements. Despite extensive public discussion about property tax reduction, state law has changed little beyond mandating abatements for veterans and offering municipalities tax relief options for people with disabilities and the elderly as well as permitting the phase-in of assessment increases over as many as five years to delay property tax increases resulting from reassessment. [ read more ]

  • Connecticut's Economy Shrinks Due to the Pandemic in 2020  March 2021 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell sharply in Connecticut for the first time since 2010 and the overall economy shrank in 2020. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly in 2019, and drastically last year, due to the impact from the pandemic. Correspondingly, last year's unemployment rate rose significantly, while after having increased in the last six years, real personal income fell markedly. Not surprisingly the value of annual diffusion index of 58 state economic indicators dropped dramatically as well in 2020.

    As in past years, this article focuses on the annual average. However, 2020 was unusual for many reasons. There were sharp job declines concentrated in a few months in the first half of the year followed by several months of strong growth - although not strong enough to fully overcome the large job losses caused by the pandemic. [ read more ]  

  • 2021 Economic Outlook: Problems, Yes, But Opportunities, Too  January 2021 (4M) Pg.1-5
    By Steven P. Lanza, Associate Professor-in-Residence, UConn Department of Economics

    We've lived through a year like no other in modern memory, one that has turned lives and economies upside down. But as we look forward to a new year where vaccines promise to begin to restore some normalcy, there will be much rebuilding ahead. That work will present both problems and opportunities for the world, the nation, and the state of Connecticut.

    Global and U.S. Overview
    Following growth in world output of 2.4% in 2019, the International Monetary Fund (IMF) projects that the global coronavirus epidemic will have slashed the value of world output by 4.4% in 2020. Assuming the widespread distribution of vaccines and therapeutics, along with continued fiscal and monetary policy support, output should expand by 5.2% in 2021, more than enough to restore output to pre-pandemic levels.

    For the world's advanced economies, including the United States and Western Europe, the prospects are not quite so rosy. The toll of the pandemic was likely greater - a 5.8% drop in output - and the rebound is expected to be less brisk - a 3.9% uptick in the new year. But in emerging markets and developing economies the picture is reversed: a 3.3% decline in output in 2020 followed by a 6.0% surge in 2021. The leader here is Mainland China, where the virus originated. A swift and severe lockdown allowed the country to check the spread of infection and to preserve a modicum of positive, 1.9%, growth for the year. China's economy is expected to swell by more than 8% in 2021.  [ read more ]

  • CBD and THC: "High" Trends in Connecticut and the Nation.  December 2020 (4M) Pg.1-5
    By Caroline Czajkowski, Department of Labor

    Cannabidiol (CBD) is a non-psychoactive natural compound primarily extracted from the hemp plant which is being investigated for numerous potential health benefits. Tetrahydrocannabinol (THC) is the chemical component in marijuana that causes the euphoric "high." In recent years the debate on CBD and THC has taken the nation by storm. Products can be purchased in a multitude of forms ranging from oils and cartridges to bath products. Proponents of both natural compounds claim that they have many therapeutic effects. However, critics are skeptical as limited research and data is currently available on both substances. With divided opinions on whether these compounds have beneficial or detrimental effects on both individuals and a society, it is noteworthy to investigate our nation and Connecticut's current standing on CBD and THC as well as the effects on our local economy.

    CBD is a cannabinoid, one of over 100 naturally occurring chemical compounds found in the cannabis plant. It can be derived from both hemp and marijuana plants. CBD extracted from hemp is federally legal in the United States, but if acquired from marijuana is classified as a schedule 1 drug. Unlike it's distant cousin THC, CBD is non-psychoactive, meaning it will not provide a hallucinatory effect which is associated with marijuana utilization.  [ read more ]

  • State Economic Indexes Lower in 2019.  November 2020 (564K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance ranked 32nd in 2019 when compared to other states and the District of Columbia (DC). This is up from 37th in 2018 and the best ranking in nine years.

    For the second time, South Carolina came in first in the nation with the highest index of 192.3 last year, while Alaska continued to place last (113.2). Our state's index of 144.2 was below the nationwide value of 153.4.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2020 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2019 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2019 data.xlsx

  • Connecticut Town Economic Indexes Fell Slightly in 2019.  October 2020 (396K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy continued its moderate growth last year, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced five years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2019 data.xlsx

  • A look at the Changing Demographic Composition of Connecticut Employment: 1999-2019  September 2020 (368K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Newly released data through 2019 illustrates changes in the demographic composition of employment in the years leading up to the 2019 business cycle peak. During the past year the economy went from one extreme to the other. In a matter of weeks, the pandemic paused many sectors of the economy and required populations globally to change behavior and adapt to minimize its impact on public health. Unemployment went from a historic low to a historic high, unemployment claims reached record levels, and the US economy went swiftly into a recession by the first quarter of this year. A look at the demographic trends before the pandemic can give insight into what we can expect in a post-pandemic economy.

    Long Term Trends: 1999-2019
    The racial and ethnic composition of Connecticut employment has made some notable shifts over the past two decades. The U.S. Census Bureau's Quarterly Workforce Indicators (QWI) dataset allows for a detailed view of the composition of employment in the state. The Connecticut Economic Digest has previously featured this dataset in May and December of 2019 in articles that looked at age cohort changes by industry and a detailed look at demographic breakdown of overall employment by firm size.

    Those articles showed that the share of the Connecticut workforce over age 54 has doubled over twenty years with pronounced increases in major sectors such as Manufacturing and Healthcare & Social Assistance. The December 2019 article illustrated how cyclical employment changes and the demographic composition of employment vary by firm size. [ read more ]  

  • Covered Employment and Wages: A 2019 Annual Review.  August 2020 (353K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut decreased by 0.2 percent during 2019. Connecticut reversed the pattern of slow but steady employment growth since the Great Recession toward the end of 2019. Total private industry employment, constituting 86.5 percent of the state's employment total, decreased by 0.2 percent. Total government employment held steady year-over-year.

    Average annual wages for all Connecticut jobs increased by 3.0 percent, to $69,787, nearly double the improvement on the increase in 2018. In 2019, private sector wages increased by 3.3 percent to $70,554; government wages increased 1.1 percent to $64,855.

    The number of business establishments continued their expansion, with a new total of 123,766, an increase of 1.4 percent over 2018. Total private establishments represented nearly all of the increase, reaching 120,419 in 2019. Government worksites increased 0.2 percent in the state, from 3,340 in 2018 to 3,347 in 2019.  [ read more ]

  • What Commuter Rail Brings to Central Connecticut  July 2020 (444K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Generational change for commuters arrived on June 18, 2018 as the Hartford Line passenger railroad, also known as CT Rail, began daily service between New Haven and Springfield, MA. Official rollout of the service began after a preview weekend so popular that trains had to intermittently stop taking passengers. The $768 million project came to life through a partnership among the Connecticut and Massachusetts state transportation departments, Amtrak, and several federal agencies. This article offers a brief look at CT Rail's vision and origin, its ridership, and development plans in various stages of completion since CT Rail's inception two summers ago. [ read more ]

  • Signs of Hope Despite Unprecedented Declines.  June 2020 (493K) Pg.1 & 5
    By Matthew Krzyzek, Economist, Department of Labor

    The global impact of COVID-19 has resulted in an unprecedented pause to economies all over the world. In April, U.S. payroll employment fell by 20.5 million jobs with declines reported in all 50 states. Connecticut lost a historic 266,300 net jobs, a -15.9% decline in just one month.

    As of early May 2020, approximately 300,000 Connecticut workers were receiving benefits. Compared to the 2009-2010 recession, 2020 claimants are more likely to be female, are younger on average, and are more likely to have worked in Accommodation & Food Service, Retail Trade, or Health Care & Social Assistance. The 2009-2010 recession saw the largest number of claims in manufacturing and construction. Workers in these industries are, on average, older and more likely to be male than workers in the economy as a whole. [ read more ]  

  • 2019 Unemployment Rate by Town.  June 2020 (493K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2019, the annual average statewide unemployment rate was 3.7%, down from 4.1% in 2018. For the ninth year, most municipalities experienced a decline in their unemployment rate, although a little fewer than fell in 2018.

    2018 to 2019
    Of 169 cities and towns in the state, the unemployment rate fell in 162, rose in 5, while 2 were unchanged in 2019. On the other hand, 164 were down, 1 was up, and 4 remained the same in 2018. Roxbury had the lowest unemployment rate of 2.1%, while the residents of Hartford experienced the highest rate of 6.6% last year (see table on page 3 for the complete town data). Overall, a total of 124 cities and towns had jobless rates below the 2019 statewide figure of 3.7%, 35 had rates above it, and 10 had rates equal to it. By comparison, 128 cities and towns had rates below the 2018 statewide average of 4.1%, 35 above it, and 6 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.3% in 2019. Hartford posted the highest jobless rate among the large cities at 6.6%. All five cities experienced over-the-year unemployment rate decreases. The map on page 4 also shows the unemployment rates for each town in 2019. [ read more ]  

  • Connecticut Projected to Add Fewer Jobs Through 2021.  May 2020 (367K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    The whole world has changed in the few short weeks since we completed the latest short term projections in February 2020. At the time, the U.S. unemployment rate was lower than it had been at any time since the late 1960s and Connecticut jobs were growing. Since then the COVID-19 health crisis and the related shutdown of nonessential businesses caused a drastic shift in the employment outlook. Many leading analysts1 have declared that there is a 100% chance that the U.S. economy has entered a recession. One indicator of change is claims for unemployment insurance. As of April 11, 16 million American workers were collecting unemployment insurance with another 4 million filing claims the following week.

    Connecticut's economy has also been affected by the health crisis and the shutdowns and has seen a large increase in unemployment claims and will clearly suffer a recession along with the nation. What we don't know (what no one knows) is how long it will last. Therefore, we are presenting below our previously-completed short term projections for employment in the 2nd quarter of 2021. This represents a "best case" scenario - that while severe, the recession will be short and the national and Connecticut economies will bounce back early next year so that by next summer we'll be back on track. We will then discuss the risks to this outlook which are, unfortunately, all on the downside.

    Connecticut Employment Projections 2019-2021
    In February 2020, the Connecticut Department of Labor's Office of Research projected that Connecticut's overall employment increase by 0.4% from 2019Q2 to 2021Q2. Employment was projected to increase in Connecticut from 1,815,649 to 1,822,595 with Health Care, Transportation & Warehousing, and Social Assistance adding the most jobs.

    The projected two year employment growth of 6,950 jobs is comparable to many northeast states. Almost every other New England state had projected growth of 1.5% or less. Massachusetts' 2.3% projected two-year growth differentiates it from the rest of the region and is driven in large part by its Boston metropolitan area. Additionally, neighboring New York projected 2.0% growth through 2021. [ read more ]  

  • Disability and Employment  April 2020 (342K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    As the private-sector labor market has recovered more jobs than it lost in the 2008-2010 recession, people with disabilities, who comprise five percent of the state workforce, continue integrating with the labor market. This article takes a brief look at the economic geography of people with disabilities showing where they live, the economic sectors in which they work, and how their earnings compare with those of their non-disabled peers. Programs and services that provide opportunities for people with disabilities to attach to the labor force and retain employment are briefly discussed as well.

    Population and Geography
    The US Census Bureau's American Community Survey (ACS) 2017 five-year average statistics show that 3.43% of working people with disabilities have one or more disabilities. This includes 0.71% of the employed work force with a vision impairment or legal blindness. About 86% of people with disabilities have a physical impairment including hearing loss or an ambulatory disability. People with one or more disabilities have self-care difficulties (6.5% of disabled workers), independent living difficulty (16.7%), or cognitive difficulty (33.1%). [ read more ]

  • Connecticut's Overall Economy Sends Mixed Signals in 2020  March 2020 (412K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell in Connecticut for the first time since 2010 and the overall economy weakened in 2019. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly last year, although the unemployment rate continued to fall since 2011. While real personal income continued to increase for the last six years, the value of the annual diffusion index of 58 state economic indicators dropped to the lowest level since 2010, indicating a slowing but still positive level of growth.

    Nonfarm Employment
    After our latest annual revision (based on annual average, not seasonally adjusted data), in 2019 Connecticut actually lost employment for the first time since 2010 (-3,300 jobs, -0.2%). In 2018, 2,600 jobs were created (+0.2%). By contrast, employment grew much faster in the nation (1.6% in 2018 and 1.4% in 2019). Employment growth appears to be slowing nationally and in our neighbor states partially due to very low unemployment rates.

    The past three years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2020 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout most of the 120-month employment recovery period to date. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. Slowing growth rates should be expected this long into a recovery. [ read more ]  

  • 2020 Economic Outlook: Slowing Growth Globally, Technology Changes Abound  January 2020 (394K) Pg.1-5
    By Alissa K. DeJonge, Vice President of Research, Connecticut Economic Resource Center, Inc.

    Global and U.S. Overview
    The global economy slowed somewhat in 2019 with growth anticipated to be approximately 3.0 percent - the slowest pace since the global financial crisis. There is expected to be a slight uptick in growth in 2020 to 3.4 percent, yet still below the 2017 level of 3.6 percent.

    Several countries will follow the overall global economic trend with slightly higher growth rates in 2020, including Germany, France, Italy, the United Kingdom and Canada. Other countries, such as the United States, Spain, Japan, and China, are expected to continue to soften.

    There are several factors contributing to this economic deceleration, including prolonged trade tensions; macroeconomic strains in several emerging markets; and structural factors, such as low productivity growth and aging demographics in advanced economies.

    In the United States, part of the slowdown is due to the end of the temporary boost from the 2017 Tax Cuts and Jobs Act, but 2020 growth is also expected to be weaker due to prolonged uncertainty regarding trade and higher tariffs, which has led to decreased investment. These factors are having a particularly heavy impact on manufacturing, while services are faring better.  [ read more ]

  • Examining the composition of Connecticut's employment by demographics and firm size  December 2019 (372K) Pg.1-5
    By Matthew Krzyzek, Economist, Office of Research Department of Labor

    Connecticut employment has been growing since the end of the great recession nearly a decade ago. In recent years, industries such as manufacturing, health care, and warehousing have driven overall growth. In addition, there have been other important trends in Connecticut's labor market. For example, in the ten year period from 2007 to 2017, employment at private firms in Connecticut has gotten older, less male, and less white. At the same time, the share with a Bachelor's degree or more has fallen. Employment in firms with 500 or more employees has increased while employment at smaller firms has fallen.

    DEMOGRAPHICS OF EMPLOYMENT CHANGE
    Private sector job growth was quite modest from 2007 to 2017, a period that spanned the great recession. However, the number of workers aged 55 and over increased 37% in that ten year period. The portion aged 55 and over increased from less than 20% to more than 25% of all workers. The number of workers aged 25 to 54 declined as the last of the baby boom aged into the 55 and over group while the number under age 25 declined due to lower birthrates in recent decades and a drop in labor force participation for those aged 16 to 18.

    Looking at other demographic factors, in each of the past two decades, the number of males employed has decreased slightly while the number of females increased a bit. By 2017 the number of females employed slightly outnumbered the number of males employed in private sector payroll jobs. At the same time, the number of white and not Hispanic or Latino workers has declined while all other groups have seen increases with Black or African-American employment up 18% and employment of Hispanic or Latino workers up 28% in the ten years from 2007 to 2017. [ read more ] 

  • State Economic Indexes Improve Further in 2018  November 2019 (377K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance last year was the best in terms of ranking in eight years. After annual revisions, Connecticut ranked 37th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2018, up from the 38th position in 2017.

    For the first time, South Carolina came in first in the nation with the highest index of 171.3 last year, while Alaska continued to place last (109.4). Colorado, which had ranked number one for three years in a row, fell to 13th place in 2018. Our state's index of 136.9 was below the nationwide value of 148.0.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2019 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2018 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2018 data.xlsx

  • Connecticut Town Economic Indexes Rose Higher in 2018.  October 2019 (340K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back strongly in 2018 after having slowed down in 2016 and 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced four years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]

    Download CTEI 2005-2018 data.xlsx

  • Redevelopment for Workforce Housing. September 2019 (342K) Pg.3-4.
    By Al Sylvestre, Research Analyst, Department of Labor

    The vision of Connecticut as a prosperous, inviting, and invigorating place to live, work, and play is brought to life by plans, places, and the networks that connect them. The most recent annual gathering of southern New England's land use planners, economic development professionals, and scholars featured ideas, plans, and projects of great place making. Place making is fundamental to bringing growth and prosperity that business, government, and education leaders speak about when they talk of making Connecticut competitive with its neighbors. [ read more ] 

  • Covered Employment and Wages: A 2018 Annual Review.  August 2019 (342K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 0.2 percent during 2018. Connecticut continues to show slow but steady employment growth since the Great Recession. Total private industry employment, constituting 86.4 percent of the state's employment total, increased by 0.4 percent. Total government employment decreased by 1.1 percent year-over-year.

    Average annual wages for all Connecticut jobs increased by 1.6 percent, to $67,744, an improvement on the increase in 2017. In 2018, private sector wages increased by 1.5 percent to $68,305; government wages increased 2.4 percent to $64,126.

    The number of business establishments continued their expansion, with a new total of 122,067, an increase of 2.0 percent over 2017. Total private establishments represented the entirety of the increase, reaching 118,727 in 2018. Government worksites decreased 1.0 percent in the state, from 3,374 in 2017 to 3,340 in 2018. [ read more ]

  • A Look at the Age Composition of Connecticut's Industries  July 2019 (355K) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The May 2019 Connecticut Economic Digest outlined top-line trends in Connecticut population, labor force participation, and employment to population ratios. As noted, overall labor force participation and employment to population ratios are up since the lows of 8 to 10 years ago. During this period, the median age in Connecticut increased to 40.9 by 2017, the 6th highest in the country. As the age composition of the overall Connecticut population changes, so Does the labor force. All industries are affected by population changes but some are facing particular challenges as a larger proportion of the workforce is nearing retirement age. [ read more ] 

  • The Higher Education / Workforce Report.  July 2019 (355K) Pg.4-5
    By Patrick.Flaherty, Director of Research, Department of Labor

    Most graduates of Connecticut's public colleges and universities work in Connecticut. Graduates from the wide range of programs are working in nearly every industry in our state. Shortly after leaving college, many graduates are employed in retail and food service. However, as time passes they are more likely to move to other industries such as manufacturing and health care. Average wages rise significantly in the years following graduation. [ read more ] 

  • The Growing Brewery Industry Employment Trend in Connecticut.  June 2019 (602K) Pg.1-5
    By Lincoln S. Dyer, Associate Economist, Department of Labor

    The craft beer industry, consisting of microbreweries, brewpubs, regional craft breweries, and contract brewing companies, has really established its calling in America over the last ten years. Overall total brewery employment in the U.S. (NAICS* code 31212), which also includes the large brand-name breweries, has grown from under 25,000 in the first quarter of 2010 to 81,180 in September 2019. This exciting brewery job growth is clearly being led by the craft beer industry portion. In Connecticut, with no large commercial breweries and mainly consisting of the craft beer industry segment, employment has grown from less than 15 in the first quarter of 2010 to close to 800 in December 2019 (780 jobs from 63 establishments). Notice the hockey stick or boomerang-like job growth since coming out the Great Financial Crisis shown in the chart. [ read more ] 

  • 2018 Unemployment Rate by Town.  June 2019 (602K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2018, the annual average statewide unemployment rate was 4.1%, down from 4.7% in 2017. For the eighth year, most municipalities experienced a decline in their unemployment rate, even more than fell in 2017.

    2017 to 2018
    Of 169 cities and towns in the state, the unemployment rate fell in 165, rose in 1, while 3 were unchanged in 2018. On the other hand, 152 were down, 11 were up, and 6 remained the same in 2017. Washington had the lowest unemployment rate of 2.4%, while the residents of Hartford experienced the highest rate of 7.0% last year (see table on page 3 for the complete town data). Overall, a total of 130 cities and towns had jobless rates below the 2018 statewide figure of 4.1%, 33 had rates above it, and six had rates equal to it. By comparison, 122 cities and towns had rates below the 2017 statewide average of 4.7%, 37 above it, and 10 were the same. [ read more ] 

  • Connecticut Projected to Add Jobs Through 2020.  May 2019 (348K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut has many strengths, including its highly-educated workforce, growth of high-paying fields such as manufacturing, a high concentration of world-class universities, and its comparative affordability to highcost major metropolitan areas in neighboring states. However, job growth has been slower than the nation as a whole, and slower than in our neighbor states.

    Connecticut is projected to continue to add jobs over the next two years with many of the trends observed over the past two years continuing through 2020. Connecticut's overall economy improved in 2018 (see the March 2019 Digest) with the eighth consecutive year of employment growth. Even though the past two years had the slowest growth since the end of the recession, Connecticut's unemployment rate fell to its lowest level since 2002, while the employment to population ratio hit a ten year high with the labor force participation rate at its highest level in eight years.

    The unemployment rate is low despite slow job growth because our working-age population has also increased at a slower pace - up 5.2% over ten years compared to a 9.9% increase nationally. To put it simply, our slower population growth is resulting in slower employment growth. [ read more ] 

  • Complete Streets are Sweet. April 2019 (352K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Because every trip begins and ends on foot, universal access to work, education, and recreation is the guiding principle that gave rise to complete streets, the design and operation of streets that are safe for all users inclusive of people with disabilities and public transit users as well as motorized and non-motorized vehicle operators. Since 2009, the Department of Transportation (ConnDOT), guided by its Bicycle and Pedestrian Advisory Board (Bike and Ped Board), is bringing safer commuting to Connecticut's cities and towns. This article illustrates some benefits attributable to complete streets along with a brief description of how ConnDOT supports municipal efforts to bring complete streets to their residents.

    The Capitol Region Council of Governments (CRCOG) outlines five categories of Complete Streets' benefits in its bike and ped plan for the region.[ read more ] 

  • Connecticut's Overall Economy Improves in 2018.  March 2019 (391K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Although employment growth slowed in Connecticut, the overall economy did pick up in 2018. The revised total nonfarm employment increased for the eighth consecutive year, while the unemployment rate has been falling since 2011. Moreover, real personal income has increased for the last five years, and the value of annual diffusion index of 57 state economic indicators rose higher than in 2016 and 2017.

    Nonfarm Employment
    After our latest annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,600 jobs (+0.1%) in 2018, which was fewer than the 3,500 jobs (+0.2%) in 2017. By contrast, employment grew much faster in the nation (1.6% in 2017 and 1.7% in 2018).

    The past two years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2019 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout the most of its 107-month employment recovery so far through January 2019. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • 2019 Economic Outlook: Steady Growth Globally, Slower Growth Yet Positive Potential for Connecticut.  January 2019 (353K) Pg.1-5
    By Alissa K. DeJonge, Vice President of Research, Connecticut Economic Resource Center, Inc.

    Global and U.S. Overview
    The global economy in 2019 should continue its track of steady growth since mid-2016. However, the growth has peaked in some major economies, and risks of slower growth have risen. The World Bank projects a 3.7 percent growth rate in world output for this year, which is 0.2 percentage points lower than previously forecasted.

    Trends to note include:

    • U.S.: Economic growth is still strong due to the effects of federal tax cuts, but 2019 growth is expected to be weaker as a result of uncertain trade environments, including the tariff negotiation with China.
    • Europe: Affected by the ongoing Brexit negotiations, growth projections for the Euro area and the UK are also adjusted downward.
    • Emerging Markets: Anticipated higher oil prices raise the growth prospects of many energy- exporting countries, but Argentina, Brazil, Iran and Turkey are affected by downward pressures such as geopolitical uncertainty or worsening financial conditions.
    • Asia: China and several Asian economies are expected to experience weaker growth in 2019 under the shadow of the recent trade disputes.

    Across the world, the stagnant growth in working-age population and labor productivity foreshadows a more limited potential for long-term global economic growth. Coupled with fading monetary stimulation, the growth in most advanced economies is likely to decline to a rate slower than the average level before the global financial crisis in 2008.  [ read more ]  

  • Are Gig Jobs Transforming the Labor Markets?  December 2018 (359K) Pg.1-3
    By Patrick.Flaherty, Director of Research, Department of Labor

    Many believe that the economy and particularly the labor markets are being transformed because of the ability to order everything from a ride to a home repair via a smartphone app. Headlines such as "The gig economy workforce will double in four years" and academic papers with titles such as "The Rise and Nature of Alternative Work Arrangements in the United States" have promoted this idea. Others have raised doubts. A recent New York Times story stated, "You can see the gig economy everywhere but in the statistics" while the Conference Board recently issued a report titled "Contrary to the Hype-Real Trends in Nontraditional Work" which stated "in 2017, the share of nontraditional workers was no different than it was 20 years ago." The data do not show a clear picture. [ read more ] 

  • Is a Job Shortage Becoming a Labor Shortage?  December 2018 (359K) Pg.4-5
    By Matthew Krzyzek, Economist, DOL

    The total count of job openings exceeded the total number of unemployed workers in the U.S. for the first time on record. As of September 2018 there were more than seven million job openings compared to six million unemployed. While there is no equivalent state level statistic for job openings, there is evidence that Connecticut is experiencing a similar trend with a falling unemployment rate and a large number of job postings. Further examination of the Job Openings and Labor Turnover Survey (JOLTS) coupled with additional data sources such as the jobs postings available from Help Wanted Online (HWOL) can contextualize the labor market and explain how the Connecticut economy is doing. [ read more ] 

  • 2017 State Economic Indexes.  November 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the third year in a row, Colorado came in first in the nation with the highest index of 165.7 last year, while Alaska ranked last (105.9). Our state's index of 128.7 was below the nationwide value of 139.1.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2018 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2017 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2017 data.xlsx

  • 2017 Connecticut Town Economic Indexes.  October 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut experienced continued overall economic improvement in 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced three years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]  

    Download CTEI 2005-2017 data.xlsx

  • Long Term Industry and Occupational Projections: 2016-2026.  September 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    Connecticut's employment is projected to increase by more than 110,000 jobs over the ten-year period ending in 2026. This 5.9% increase is a bit slower than the 7.4% projected for the U.S., but both state and national projections assume full employment in 2026. With the unemployment rate currently low, total job growth is limited by growth in the population/labor force. Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2016 to 2026. This process is replicated at the state level to produce projections that provide a detailed overview of the expected direction of labor markets in Connecticut.

    U.S. Labor Force
    The overall U.S. labor force is projected to increase by 10.5 million workers from 2016 to 2026 (a 0.6% annualized growth rate) with increases of 4.5 million men and nearly 6 million women. The labor force is projected to be older and more diverse. The number of white non-Hispanics in the labor force is projected to decline by 2.5 million, while the number of workers of Hispanic origin is projected to increase by over 8 million. The number of Black or African-American workers will be up by 1.9 million and the number of Asian workers up by 2.6 million. The number of workers aged 55 and over is projected to increase by 6.4 million, while those aged 25 to 54 will increase by 5.4 million. The number of workers under age 25 is expected to decrease by 1.3 million. [ read more ] 

  • Covered Employment and Wages: A 2017 Annual Review.  August 2018 (343K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 0.2 percent during 2017.1 This is now the seventh consecutive year of employment growth since the Great Recession. Total private industry employment, constituting 86.4 percent of the state's employment total, increased by 0.5 percent. Total government employment decreased by 1.6 percent year-over-year.

    Average annual wages for all Connecticut jobs increased by 1.2 percent, to $66,648, double the increase in 2016. In 2017, private sector wages increased by 1.0 percent to $67,278; government wages increased 1.9 percent to $62,648.

    The number of business establishments expanded for the sixth consecutive year, with a new total of 119,669, an increase of 2.0 percent over 2016. Total private establishments represented the entirety of the increase, reaching 116,295 in 2017. Government worksites decreased 0.6 percent in the state, from 3,393 in 2016 to 3,374 in 2017. [ read more ]

  • What is Ailing Connecticut's Economy? Is it a City Problem? Is it a Sector Problem?  July 2018 (392K) Pg.3-4
    By Manisha Srivastava, Connecticut Office of Policy and Management

    Connecticut's economic recovery from the 2007-2010 recession has lagged not only the country but also the region. Table 1 compares Connecticut's job growth and gross state product growth (GSP - a measure of goods and services produced within a region, utilized as a broad measure of economic activity) to regional states and the nation. The nation recovered jobs lost as a result of the recession by May 2014, and has since experienced job growth of 12.5%. Connecticut's job growth since the recession at 4.6% is close to Maine (5.0%) and Vermont (5.4%), but is one of the few states yet to recover all jobs lost during the recession. On GSP, Connecticut is the only state to continue losing economic activity even since the end of the recession (-3.3%). In fact, in inflation-adjusted, or real GSP terms - Connecticut's economy is at the same level it was in 2004. This lackluster economic growth has resulted in anemic revenue growth in the state, leading to years of budgetary constraints. [ download article only ] 

  • Complete Streets' Promise of Economic Benefits.  June 2018 (409K) Pg.1,5
    By Al Sylvestre, Research Analyst, Department of Labor

    Walking or bicycling to work without competition from speeding motorists is just one benefit of the Complete Streets movement that is making its effects felt in Connecticut. Since the passage of 2009 legislation, the state Department of Transportation (ConnDOT) and its advisors have been working to bring a safer commute together with Transit Oriented Development (TOD) to Connecticut's cities and towns. In addition to a brief outline of Complete Streets principles and benefits, this article describes what its application looks like in two cities and one suburb. [ download article only ] 

  • 2017 Unemployment Rate by Town.  June 2018 (409K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2017, for the seventh year, most municipalities experienced a decline in their unemployment rate, but fewer dropped than in 2016.

    2016 to 2017
    Out of 169 cities and towns in the state, the rate fell in 152, rose in 9, and 8 were unchanged in 2017. On the other hand, 159 were down, 3 were up, and 7 remained the same in 2016. Canaan had the lowest unemployment rate of 2.8%, while the residents of Hartford experienced the highest rate of 8.1% last year. See table on page 3 for the complete town data. The annual average statewide unemployment rate in 2017 was 4.7%, down from 5.1% in 2016. Overall, a total of 126 cities and towns had jobless rates below the statewide figure of 4.7%, 37 had rates above it, and six had rates equal to it last year. By comparison, there were 124 cities and towns that had rates below the statewide average of 5.1%, 39 above it, and six the same. [ download article only ] 

  • Connecticut's Short-Term Employment Projections Through 2019.  May 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Current Situation
    Connecticut is off to a good start in 2018. As reported in the March Digest, Connecticut's economic recovery slowed in 2017, but the first quarter of 2018 has shown significant job gains. While data are preliminary and subject to significant revision, first quarter employment rose more than 8,700 jobs from the fourth quarter of 2017 and more than 7,200 from the first quarter of 2017. Private sector employment gained 9,400 from the fourth quarter with Health Care & Social Assistance up 2,500 (+3,800 from the first quarter of 2017), Accommodation and Food Services up 1,300 (+900 from the 2017 Q1) and Professional, Scientific, and Technical Services up over 1,000. Manufacturing was a bright spot in 2017 - the first quarter of 2018 was up 5,100 from the first quarter of 2017 with most of the gains in Durable Goods.

    In 2017, the average seasonally adjusted monthly jobs gain was just 400 jobs per month compared to 1,500 jobs per month for the first three months of 2018. Though this pace of growth is not likely to continue - and is subject to revision - the Connecticut economy was showing positive momentum as we headed into spring. [ download article only ] 

  • Connecticut Economic Recovery Slows Down Further in 2017.  March 2018 (228K) Pg.1-5
    By Jungmin Charles Joo, Office of Research Department of Labor

    As predicted this time last year, Connecticut's economy did continue to improve in 2017, and at a slower pace than in 2016 (March 2017 article). For the seventh year in a row, the revised total nonfarm employment increased, while the unemployment rate fell. However, real personal income decreased for the last two years, and more economic indicators pointed in negative directions than in 2016.

    Nonfarm Employment
    After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,800 jobs (+0.1%) in 2017, which was fewer than the 4,800 jobs (+0.3%) in 2016. By contrast, employment grew much faster at 1.8% in 2016 and 1.6% in 2017 in the nation.

    Last year's Connecticut employment recovery was the slowest in the last seven years. In fact, the current 2010-2018's monthly job recovery rate has been trending downward from the beginning, averaging below 0.1 percent throughout the most of its 95-month employment recovery so far. In contrast, the 2003-2008 recovery period showed rising recovery rate, and during the 1993-2000 period, the monthly job growth rate had risen steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • 2018 Economic Outlook: Slowly Recovering, Yet Long-Term Challenges Remain.  January 2018 (284K) Pg.1-5
    By Alissa K. DeJonge, Vice President of Research, Connecticut Economic Resource Center, Inc.

    A mid numerous uncertainties, the outlook for the Connecticut economy in 2018 has positive signs.

    The World: Strengthening Economic Activity as a Whole
    Economic activity for the world as a whole is increasing, with global growth projected at 3.7 percent in 2018. Positive trends in the Euro Area, Japan, emerging Asia, emerging Europe, and Russia offset risks for the United States and the United Kingdom. Trends to note include:

    • Euro Area: Growth in this region is estimated to rise to 1.9% in 2018.
    • China: Growth is projected to be 6.5 percent in 2018 as authorities continue an expansionary policy with high public investment.
    • Russia: Projected growth is 1.8 percent in 2018.
    • U.K.: Growth is projected to be 1.5 percent.
    Enough countries are expected to strengthen again in 2018 so that it could be the strongest year for global growth since 2011.

    The Nation: Tax Reform and Rebuilding From Hurricanes
    The International Monetary Fund is anticipating that U.S. gross domestic product will increase by 2.3 percent in 2018. U.S. tax reform will provide a slight lift to overall economic growth, as will the rebuilding of areas affected by the hurricanes in the South. Tax reform that lowers rates on corporate and personal income should increase business investment and consumer consumption during 2018. [ read more ]  

  • Life in the Slow Lane?  December 2017 (278K) Pg.1-5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The Connecticut State Data Center at the University of Connecticut recently released population projections for Connecticut and its towns through 2040. The projections suggest a slowing of population growth but do not show an exodus of young people from Connecticut. Declines in the younger population groups are driven by a low birth rate while migration out of state is concentrated in older age groups. Nevertheless, the number of senior citizens will increase while the school-aged population will decline. Growth will be uneven across cities and towns with some (particularly the largest cities) gaining significant population while others decline. Some of the smallest towns are projected to reverse part of the strong growth they have experienced in recent decades.

    Statewide Overview
    Connecticut's population increased by over 255,000 from 1970 to 1990 and added an additional 300,000 from 1990 to 2015, a 9.3% increase. Population growth is projected to grow just 1.7% in the 25 years from 2015 to 2040, less than 20% of the growth rate of the previous 25 years. Focusing on the most recent 15 year period and comparing it to the next shows a similar pattern. Population grew 5.5% from 2000 to 2015 but is projected to grow just 1.1% from 2015 to 2030. While these projections are not predictions of what will happen (unforeseen events such as changes in the economy could affect these projections), they are carefully calculated projections based on fertility rates, survival rates, domestic migration, international migration, and college migration. [ download article only ] 

  • Is Connecticut Losing Jobs to Other States?  November 2017 (353K) Pg.1-5
    By Andy Condon Ph.D., Director of Research, Department of Labor, Andrew.Condon@ct.gov

    Rightly or wrongly, Connecticut's job growth performance is often talked about in the context of "winning" or "losing" to other parts of the country. This article uses the location quotient measure to begin to address this issue by using national Quarterly Census of Employment and Wages (QCEW) data to measure relative job growth from and to Connecticut over time. According to the US Department of Labor's Bureau of Labor Statistics, location quotients are ratios that allow an area's distribution of employment by industry, ownership, and size class to be compared to a reference area's distribution. [ read more ] 

  • State Economic Indexes (SEI), 2010-2016.  October 2017 (375K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut ranked 32nd out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2016, moving up from the 39th position in 2015. In fact, last year's overall economic performance was the best in terms of the ranking in six years. Colorado, once again, ranked first in the nation with the highest index last year (145.3), while Wyoming came in last (102.6). Our state's index of 120.5 was below the nationwide value of 124.5.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2017 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes, an annual composite index of each of the 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2016 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2013-2016.  September 2017 (375K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    The Connecticut Town Economic Index showed the state's cities and towns experienced further economic improvement in 2016, though at a slower pace than in 2015.

    CTEI: Methodology: The CTEI was introduced two years ago and is being released annually. The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in the state. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ download article only ] 

  • Covered Employment and Wages: A 2016 Annual Review.  August 2017 (264K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of jobs covered by Connecticut Unemployment Insurance (UI) increased by 0.2 percent during 2016, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase continues the trend started in 2011. Total private industry employment, constituting 86.1 percent of the state's employment total, increased by 0.5 percent. Total government employment decreased by 1.4 percent year-over-year.

    Average annual wages for all Connecticut jobs increased by 0.5 percent to $65,869, much like in 2015. In 2016, private sector wages increased by 0.4 percent to $66,579; government wages increased 0.9 percent to $61,458.

    The number of business establishments expanded for the fifth year in a row, with a new total of 117,337, an increase of 0.9 percent over 2015. Total private establishments represented the entirety of the increase, reaching 113,944 in 2016. Government worksites decreased 0.9 percent in the state, from 3,425 in 2015 to 3,393 in 2016. [ download article only ]

  • Robots in the Workplace: Threat or Asset?  July 2017 (337K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The latest breakthroughs in robotics and artificial intelligence have awakened fears that technological advances will lead to a large decrease in the overall level of employment and widespread unemployment. While there will be disruptions, and many occupations are at high risk of computerization over the next decade or two, the dynamic labor market continues to create opportunities for workers with the right skills and education. .  [ download article only ] 

  • Anchor Institutions and the Innovation Economy.  June 2017 (336K) Pg.1,2,5
    By Al Sylvestre, Research Analyst, Department of Labor

    Anchor Institution Characteristics
    Hospitals and institutions of higher learning deploying their considerable resources to promote neighborhood revitalization through economic development are known as anchor institutions. Often acting in concert with nonprofit and public agencies, anchor institutions create opportunities for home ownership among low- and moderate-income households as well as supporting educational and apprenticeship programs for disadvantaged youth to prepare them for gainful employment.

    This article offers a brief look at two prominent Connecticut anchor institutions and others throughout the country as examples of how institutional self-interest and philanthropy have successfully combined to drive the revitalization of the communities that host these institutions. If these institutions continue to be nourished by capital, innovation, and the commitment of community and social resource providers, the possibility remains that impoverished communities can flourish through the perseverance of individuals and institutions that see potential in their neighborhoods. [ download article only ] 

  • Annual Unemployment Rate by Town, 2012-2016.  June 2017 (336K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    By looking at the unemployment rates, we can see that Connecticut has experienced six years of economic recovery. Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In the June 2016 Digest, 2011-2015 annual average town unemployment rate estimates were published. This year, revised 2012-2016 data are analyzed. [ download article only ] 

  • Short-Term Employment Projections Through 2018.  May 2017 (355K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The projections are based on a careful analysis of the Connecticut economy and labor market.

    Current Situation
    March of 2010 was the first month of payroll job growth after the great recession. Seven years later the Connecticut economy has regained 91,200 jobs or 77% of the 119,100 lost during the "great recession" as of March 2017. Overall employment growth has been dampened by the government sector which is down 14,000 jobs since February 2010. Private sector employment has fared significantly better having recovered 94% of the jobs lost during the downturn. [ download article only ] 

  • A New Look at Earnings Inequality. April 2017 (326K) Pg.4-5.
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    There is a great deal of literature documenting the increase in income inequality in the United States from the mid-1970s to the present. Data from the Current Population Survey (CPS) and the Internal Revenue Service (IRS) show similar trends. In a recent presentation, Dr. James R. Spletzer of the U.S. Census Bureau reviewed this data and presented new findings using data from the Longitudinal Employer-Household Dynamics (LEHD).[ download article only ] 

  • Connecticut Economic Recovery Continues in 2016.  March 2017 (346K) Pg.1-5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Although still yet to fully recover from the latest employment downturn, the Connecticut economy continued to improve in 2016, albeit at a slower pace. The total nonfarm employment increased for the sixth year. The unemployment rate fell for six consecutive years. Real personal income rose for the third year. Other economic indicators, however, were somewhat mixed.

    Nonfarm Employment
    After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 5,000 jobs (+0.3%) in 2016, which was fewer than the 12,600 jobs (+0.8%) in 2015. Last year's employment recovery was the slowest in the last six years. Nationally, employment grew faster at 2.1% in 2015 and 1.7% in 2016. On a monthly seasonally adjusted basis through January 2017, Connecticut has now recovered 70% (+83,600) of the total nonfarm jobs lost during the March 2008-February 2010 employment recession (-119,100), while the total private sector regained 92% of its job loss. By contrast, the nation has not only fully regained all of the jobs lost during its January 2008-February 2010 employment downturn, but has also added 82% more jobs by January his year.. [ download article only ] 

  • The 2017 Economic Outlook.  January 2017 (351K) Pg.1-5
    By Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    An analysis of recent data and trends indicates positive - albeit modest - growth in 2017 for the U.S. and Connecticut economies.

    The Nation - The outlook for the U.S. economy in 2017 remains relatively optimistic based on technical data. The U.S. Gross Domestic Product (GDP), except for Q1-2011 and Q1-2014 (when it slipped 1.5% and 0.9%, respectively), has now grown for seven years since the "Great Recession" ended in Q2-2009. Real Gross Domestic Product (RGDP), or the constant dollar value of all goods and services produced by labor and capital located in the U.S., since Q2-2009 has averaged a 2.1% annual increase from the preceding quarter (Figure 1). After growing 2.5% in 2010, 1.6% in 2011, 2.2% in 2012, 1.7% in 2013, 2.4% in 2014, 2.6% in 2015, and an estimated 3.2% in Q3-2016, RGDP growth near 2.5% is likely in 2017. Major economic forecasters, including HIS Global Insight, The Conference Board, and the OECD, forecast that U.S. Real GDP will grow between 2 to 2 1/2% in 2017. Their outlook for 2016 was 3.4%, a little less than the previous year's forecast of 3.7%. The National Association of Business Economists (NABE) median 2017 outlook calls for 2.3% average annual growth. [ download article only ] 

  • Introducing the State Economic Indexes (SEI).  November 2016 (319K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    If the 50 states and the District of Columbia, Connecticut ranked 38th in the State Economic Indexes (SEI) in 2015. Our state's index of 118.9 was below the nationwide value of 124.1 (see table on page 2). Over the last five years, Connecticut's overall index performed the worst in 2013, ranking 45th. However, last year was the best since 2011, bringing up the state to 38th position. As the chart on page 3 shows, Colorado ranked first in the nation with the highest index last year (137.9), while New Mexico came in last (107.2). [ download article only ] 

  • Next Generation Economic Development.  November 2016 (319K) Pg.4
    By Al Sylvestre, Research Analyst, Department of Labor

    Connecticut is dependent on large employers for jobs and job growth. A significant proportion of private-sector employment is in companies with 500 or more employees. Early this year, based on the premise that Connecticut's economy would benefit from job growth among businesses of all sizes, the Capitol Region Council of Governments convened a panel of experts composed of business and government leaders to generate ideas for nurturing small to medium-size businesses in economic sectors that show promise for bringing more wellpaying jobs to Connecticut. The successful firms described below show that Connecticut has the potential to experience growth in diverse industries. [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2010-2015.  October 2016 (404K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Town Economic Index (CTEI) showed the state's cities and towns experienced further economic improvement in 2015. The CTEI was introduced last year and will be released annually in the October issue. The revised 2011 index values for all 169 cities and towns in the state are available upon request.

    CTEI: Methodology: The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • Seasonally Adjusted Unemployment Rates by Labor Market Area, 1990-July 2016.  October 2016 (404K) Pg.4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    In addition to not seasonally adjusted unemployment rate estimates, the Bureau of Labor Statistics (BLS) also produces monthly seasonally adjusted data by major labor market areas (LMAs) for Connecticut, going back to 1990. Because of the one-month lag, these estimates are not published in the Labor Situation or the Connecticut Economic Digest, but they are available upon request. This article looks at the long-term monthly trends of seasonally adjusted unemployment rates of all the LMAs. The Connecticut Department of Labor's Office of Research separately produced seasonally adjusted estimates for small areas (Enfield, Torrington-Northwest, and Danielson-Northeast) so that all areas in the state can be compared and analyzed. Note that because of the recent geographical changes, these small non-BLS LMAs can be seasonally adjusted only back to 2010. [ download article only ] 

  • Long Term Industry and Occupational Projections: 2014-2024.  September 2016 (354K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    NATIONAL PROJECTIONS ~ Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2014 to 2024.

    Labor Force ~ The U.S. labor force is projected to increase by 9.8 million workers from 2014 to 2024 (a 0.6% annualized growth rate) with the 2024 labor force projected to be older and more diverse. The number of workers aged 55 and older is expected to increase by more than 6.7 million (+19.8%) while the number aged 16 to 24 is projected to decrease by 2.8 million (-13.1%) with the largest labor force cohort - those aged 25 to 54 (also known as prime-age workers) up just 3.9 million (+3.9%). As a percent of the labor force, the 16-24 cohort will fall 2.1 percentage points to 14.1% in 2024; increased postsecondary enrollment is a primary cause of this share decrease. [ download article only ] 

  • Covered Employment and Wages: A 2015 Annual Review.  August 2016 (328K) Pg.1-3,& 5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of jobs in Connecticut covered by Unemployment Insurance (UI) increased by 0.6 percent during 2015, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase continues the trend started back in 2011. Total private industry employment, constituting 85.9 percent of the state's employment total, increased by 0.8 percent. Government employment decreased by 0.6 percent year-over-year. [ download article only ]  

  • Business Formation in Connecticut: 2000-2015.  August 2016 (328K) Pg.4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Secretary of the State's office maintains records of all business entities in the state. From these records, an aggregation of business type and location has produced interesting data on business formation change in Connecticut over time. This information is available publicly from 1980 to 2015 by business entity type and geographically down to town levels. This article examines business formation change from 2000-2015 and shows how recent cyclical factors have impacted business development in the state. [ download article only ]  

  • Labor Force Participation Rate and Employment-Population Ratio, 1976-2016.  June 2016 (402K) Pg.1-2 & 5
    By Jungmin Charles Joo Department of Labor

    The Connecticut Economic Digest now publishes the monthly labor force participation rate and employment-population ratio, which are found under the "Unemployment" table on page 6. These two data, produced by the Bureau of Labor Statistics (BLS), provide additional perspectives to the unemployment rate data in assessing the current economic condition. This article also looks at their entire historical trends. [ download article only ] 

  • Annual Town Unemployment Rates, 2011-2015.  June 2016 (402K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In July 2015 Digest, 2010-2014 annual average town unemployment rate estimates were published. This year, revised 2011-2015 data are analyzed. [ download article only ] 

  • Connecticut's Short-Term Employment Outlook to 2017.  May 2016 (347K) Pg.1-5
    By Sarah Pilipaitis, Economist, Department of Labor

    Connecticut is now into its sixth year of recovery from the recession that took its toll on the state from 2008 to 2010. Over the recession, Connecticut lost over 5% of its nonfarm employment, roughly 91,100 jobs based on annual averages. The annual average nonfarm employment reached its peak in 2008 at 1,699,100 jobs. By the time it reached the trough in 2010, the state's employment had fallen to 1,608,000 jobs. The largest losses came from the construction, manufacturing, trade, transportation and utilities, and the professional and business services sectors. Those four sectors alone accounted for 80% of the lost jobs. The lone sector that was able to create jobs during the recession was education and health services, expanding by about 10,000 jobs from the peak to trough years. [ download article only ] 

  • Employment Grew for the Fifth Year.  March 2016 (322K) Pg.1-5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Although not yet completely recovered from the latest employment recession, 2015 was a year of continued moderate economic growth for Connecticut. For the fifth year in a row, our State's total nonfarm employment grew. The unemployment rate fell for five straight years. Real personal income rose for the second year. The majority of the other economic indicators also showed that our overall economy performed well.

    Nonfarm Employment - After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 12,500 jobs (+0.75%) in 2015, which was slightly more than the 11,400 jobs (+0.69%) in 2014. Nationally, employment grew faster at 1.9% in 2014 and 2.1% in 2015. Connecticut has now recovered 73% (+86,700) of the total nonfarm jobs lost during the March 2008-February 2010 employment recession (-119,100), while the total private sector regained 86% of its job loss. By contrast, the nation has not only fully regained all of the jobs lost during its January 2008-February 2010 employment downturn, but has also added 56% more jobs by January of this year. [ download article only ] 

  • Economic Status of People with Disabilities.  February 2016 (321K) Pg.1-5
    By Al Sylvestre, Research Analyst, Department of Labor

    In the eight years since the recession that began in 2008, conditions in Connecticut's labor market continue to improve. As a segment of the working-age population age 16 years and older that constitutes 5% of the work force, among whom 44% are employed full time according to the US Census Bureau's most recent (2014) American Community Survey (ACS), people with disabilities are becoming increasingly visible in the labor market. What follows is a brief examination of this population's economic characteristics as well as some of the programs and services that provide access to opportunities for its members to attach to the labor force and retain employment in response to changes in disability status.. [ download article only ] 

  • The 2016 Economic Outlook.  January 2016 (352K) Pg.1-5
    By Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    This annual outlook article focuses on the economic prospects for the U.S. & Connecticut economies in 2016 through an analysis of a variety of recent data and trends.

    The Nation - The outlook for the U.S. economy in 2016 remains mostly positive. The U.S. Gross Domestic Product (GDP), except for Q1-2011 and Q1-2014 (when it slipped 1.5% and 0.9%, respectively), has now grown for six years since the "Great Recession" ended in Q2-2009. Real Gross Domestic Product (RGDP), or the constant dollar value of all goods and services produced by labor and capital located in the U.S., since Q2-2009 has averaged a 2.2% annual increase from the preceding quarter (Figure 1). After growing 2.5% in 2010, 1.6% in 2011, 2.2% in 2012, 1.5% in 2013, 2.4% in 2014, and an estimated 2.1% in Q3-2015, RGDP growth near 3.0% is likely in 2016. The New England Economic Partnership (NEEP), based on Moody's Analytics underlying macroeconomic forecast, sees RGDP growth at 3.4% in 2016, a little less than last year's forecast of 3.7%. The National Association of Business Economists (NABE) outlook panel consensus is, on an average annual basis, 2.7% in 2016, "a small downgrade compared to the previous survey's forecast [of 2.9%] for next year." [ download article only ] 

  • Connecticut's so-called Misery Index Falling as of Late.  November 2015 (234K) Pg.1-3
    By Lincoln S. Dyer, Economist, DOL Lincoln.Dyer@ct.gov

    A straight forward Misery Index was developed in the 1960's by Yale economist Arthur Okun, who is primarily known for formulating Okun's Law - a perceived inverse relationship between a country's unemployment rate and its national output - gross domestic product (GDP). As a nation's unemployment rate declined, Okun's Law inferred that a country's gross product/output increased with some degree of regularity, and/or vice versa. This fundamental supposition of Okun's Law has held up pretty well over time. Okun's Misery Index, aptly an economic indicator that similarly is utilizing the unemployment rate (seasonally adjusted), is essentially the unemployment rate added to the annualized inflation rate (UR+CPI U annualized). These are two statistics our federal/state cooperating partner, the US Bureau of Labor Statistics, produces on a monthly basis. The Office of Research shares in the development of the state's unemployment rate. [ download article only ] 

  • Alternative Measures of Labor Underutilization in Connecticut, 2003-2014.  November 2015 (183K) Pg.4-5
    By Jungmin Charles Joo and Sarah Pilipaitis, Department of Labor

    In addition to the official unemployment rate, the Connecticut Economic Digest has been publishing the "U-6 rate" each quarter on page 6 under the "Unemployment" table. As introduced in the February 2010 issue (page 3), there are six alternative measures of labor underutilization produced by the U.S. Bureau of Labor Statistics (BLS), of which U-6 is the broadest measure, capturing not only the "official" unemployed, but also workers employed part-time for economic reasons, and those marginally attached to the labor force. [ download article only ] 

  • Introducing the Connecticut Town Economic Index (CTEI).  October 2015 (350K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • Connecticut Job Vacancy Survey.  September 2015 (371K) Pg.1-5
    By Andy Condon Ph.D., Director of Research, Department of Labor, Andrew.Condon@ct.gov

    In 2014, the Connecticut Department of Labor’s Office of Research, in partnership with the Office of Workforce Competitiveness, conducted a survey of Connecticut employers designed to estimate hiring demand and job vacancy characteristics by industry and occupation.

    Survey Sample - Information was gathered through the survey of a stratified sample of 10,300 firms in five Labor Market Areas. Firms excluded from the sampling process include Government entities and businesses with no employees. The sample was stratified by industry “supersector,” Labor Market Area and firm employment size. [ download article only ]  

  • Covered Employment and Wages: A 2014 Annual Review.  August 2015 (345K) Pg.1-3,& 5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of workers in Connecticut covered by Unemployment Insurance (UI) increased by 0.8 percent during 2014, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase continues the trend started back in 2011. Total private industry employment, constituting 85.7 percent of the State's covered employment total, increased by 0.9 percent. Government employment increased by 0.3 percent year-over-year. [ download article only ]  

  • Annual Town Unemployment Rates, 2010-2014.  July 2015 (338K) Pg.3-4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Unemployment rate data are from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics. Recently LAUS underwent a major revision back to 2010. [ download article only ] 

  • Examining Education, Incomes, and the "Skills Gap".  June 2015 (280K) Pg.1-3, 5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    While the unemployment rate has dropped sharply over the past few years, it remains higher than it was before the "great recession" began. On the other hand, the number and rate of job openings are higher than their prerecession levels. In March, there were five million job openings nationally despite an unemployment rate of 5.4%, a percentage point higher than prevailed in 2006 and 2007. Despite the pool of unemployed job-seekers, some business groups report that their members are having difficulty hiring employees with the skills and experience they are seeking. This has led some to conclude that there is a gap between the skills available in the labor force and the needs of employers. [ download article only ] 

  • A Review of 2004-2014 Employment Projections.  June 2015 (280K) Pg.4
    By Michael Fitzgerald, Research Analyst, Department of Labor Michael.Fitzgerald@ct.gov

    It will be years-not in my time-before a woman will become Prime Minister." That's a quote made by Margaret Thatcher in 1969, ten years before she took over as Prime Minister of the United Kingdom in 1979. In other words, projections-especially 10 years ahead of time-are difficult. Every two years, the Office of Research at the Connecticut Department of Labor creates 10-year employment projections for the state. Now that employment statistics for 2014 have been released, we are going to take a look at the 2004-2014 projections and see how well the projections fared. Statewide numbers for the Major Standard Occupational Classification (SOC) groupings and Occupation Employment Statistics data from 2014 will be what is focused on. There are a couple of things to bear in mind when looking at the original projections. [ download article only ] 

  • The Economic Impact of Tourism in Connecticut. May 2015 (367K) Pg.1-5
    Tourism Economics - Connecticut Department of Economic and Community Development

    Tourism is an important economic engine in Connecticut, and all business sectors in the state economy benefit from tourism activity directly and/or indirectly. Visitors to Connecticut represent a significant economic benefit as they spend money in the local economy on items such as lodging, food and beverage, retail purchases, and recreation. Visitor spending has an even larger impact as it ripples through the statewide economy, generating revenues and jobs for businesses spanning a wide range of industries. Since the recession, Connecticut's tourism industry has created 5,000 new jobs. Visitors to Connecticut spent $8.3 billion in 2013, generating a total economic impact of $14.0 billion, supporting nearly 119,000 total jobs.[ download article only ] 

  • Occupational Employment and Wages: 2001-2013. April 2015 (360K) Pg.4.
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Occupational Employment Statistics (OEWS) estimates employer survey information into detailed wage data for 821 occupations that comprise 22 major categories. Extensive occupational earnings data make the survey useful to both employers and employees. This article utilizes data from 2001, 2004, 2007, 2010, and 2013 to account for the 3-year OEWS survey cycle. Data is examined mostly at 2-digit Standard Occupational Classification (SOC) level but also dives deeper into 6 digit levels to explain broader changes.[ download article only ] 

  • Employment Recovery Continues for the Fourth Year.  March 2015 (336K) Pg.1-5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Last year was a continuation of modest employment recovery in Connecticut, with many economic indicators, including unemployment, pointing to positive directions. After our annual revision, Connecticut gained 12,500 jobs (+0.76%) in 2014, which was essentially the same pace as was in 2013, as unemployment rate fell further to 6.6%.

    Fourth Year of Employment Recovery ~ During the March 2008-February 2010 recession, Connecticut lost 119,000 total nonfarm jobs, of which 76% are now recovered (+90,500), while the total private sector recovered 87%. Meanwhile, the nation has now fully regained all of the jobs lost in its last January 2008-February 2010 employment downturn and is on an expansionary path (+128%). [ download article only ] 

  • Income Inequality, Poverty, and Labor Markets.  February 2015 (297K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    A large part of the current political and economic discussion and debate has been centered on the growing concentration of wealth and income over the last 30 years or so. And this trend has accelerated over the current recovery. Another issue is Poverty, a major consequence of extreme inequality. Therefore, addressing the issues of Poverty requires an understanding of the broader issue of Inequality. With that in mind, the remainder of the discussion will address the 30-year trend of rising Economic Inequality, especially in the U.S., what seems to be driving it, and its connection with labor markets. It will conclude with spotlighting a uniquely American phenomenon that exacerbates the inequality problem: Urban Sprawl. [ download article only ] 

  • The 2015 Economic Outlook.  January 2015 (338K) Pg.1-5
    By Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    As we begin a new year, this issue of the Digest looks at the economic prospects for 2015. As usual, this annual outlook attempts to interpret recent data and their trends, and to offer some insights about what is likely for the U.S. and Connecticut economies in the year ahead.

    The outlook for the U.S. economy in 2015 remains quite positive. A set-back in early 2014 resulting partially from weather-related factors that hampered overall growth was encouragingly offset by considerably stronger growth as the year progressed. Of note, except for a couple of minor dips, the U.S. Gross Domestic Product (GDP) has now grown for five and a half years since the "Great Recession" ended in Q2-2009.  [ download article only ] 

  • The Minimum Wage Debate: 2014 Update.  November 2014 (364K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    INTRODUCTION: The Minimum Wage Debate - Back with a Vengeance The first version of this article, "The Minimum Wage Debate: The Latest Rounds", appeared in the January 1999 issue of the Connecticut Economic Digest. It was motivated by Connecticut's new minimum-wage increase that went into effect January 1, 1999. It raised the State's minimum wage to $5.65 per hour, and then to $6.15 on January 1, 2000 (or to a value that was indexed to the Federal minimum wage, whichever is greater). Although there was not much opposition in Connecticut, it did spark a national debate and some vocal Congressional opposition, when President Clinton proposed raising the Federal minimum wage. Well, it's Baaack! [ download article only ] 

  • A Closer Look at Home Care Occupations.  October 2014 (464K) Pg.1-5
    By Sarah Pilipaitis, Economist, Department of Labor

    Every two years, the Connecticut Department of Labor produces long-term occupational projections. The 2012-2022 projections show that two of the fastest growing occupations in terms of percent and net change come from the Home Health Care industry. The fastest growing occupation in Connecticut in the ten-year timeframe by net change is projected to be Personal Care Aides with a growth of 38.1 percent and 8,846 jobs. Nearby on the list of fastest growing occupations in Connecticut is Home Health Aides with a projected growth rate of 38.1% and 3,195 jobs from 2012 to 2022.1 The rise in these two occupations warrants a closer look at what each of them entails. [ download article only ] 

  • Long Term Industry and Occupational Projections: 2012-2022.  September 2014 (410K) Pg.1-5
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Every two years the Connecticut Department of Labor produces and publishes ten year projections by industry and occupation. This year's projections cover the period 2012-2022, which invites a comparison to the previous ten year period. The 2002-2012 period spans the global financial and economic crisis that caused the worst national recession since the Great Depression. While employment started to increase after the first quarter of 2010, by 2012 employment in many industries was still below 2002 levels. Importantly, the industries that grew the most after the recovery started were not necessarily the same as those that lost the most during the recession, so the industry and occupational mix of the economy has changed. The long term projections help put these changes into perspective and peek over the horizon to see what the industry and occupational profile of the economy would look like if full employment could be achieved within the next decade. [ download article only ] 

  • Covered Employment and Wages: A 2013 Annual Review.  August 2014 (418K) Pg.1-3,& 5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of workers in Connecticut covered by Unemployment Insurance (UI)increased by 0.7 percent during 2013, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase built upon the 1.0 percent increase in both 2012 and 2011. Total private industry employment, constituting 85.7 percent of the State's employment total [little changed from 2012's 85.5], increased by 1.0 percent. Government employment decreased by 0.5 percent over the year. [ download article only ]  

  • Is It Just the Weather? Connecticut's Baseline Forecast Suggests Slower Growth in 2014 and 2015.  June 2014 (429K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    In April 2014, the U.S. economy added 288,000 jobs and the unemployment rate (UR) fell by 0.4 percentage points, to its lowest level in five years, and the numbers for February and March were revised upward. However, after increasing in March, 806,000 left the labor force in April, making a shrinking labor force the principal reason for the declining UR. And the first estimate of U.S. GDP for 2014Q12 showed that U.S. economic growth rapidly decelerated. Many have pointed to the harsh winter weather as the principal culprit, and expect that the April jobs report indicates that the U.S. economy will bounce back in the second quarter. But is it just the weather?  [ download article only ] 

  • 2013: Another Year of Modest Economic Recovery.  March 2014 (355K) Pg.1-5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Last year was another year of modest economic recovery in Connecticut, with many economic indicators, including employment and unemployment, pointing in positive directions. After our annual revision, Connecticut gained 14,300 jobs (+0.9%) in 2013, which was essentially the same pace as in 2012. The unemployment rate fell further to 7.8%. During the March 2008-February 2010 recession, Connecticut lost 119,100 jobs, of which half are now recovered. By comparison, the nation has now regained nearly all of the jobs lost (90.1%) in its last January 2008-February 2010 employment downturn. [ download article only ] 

  • A Look Back at Connecticut's (Exhausted) UI Claimants February 2014  (335K) Pg.1-5
    By Manisha Srivastava, Connecticut Office of Policy and Management

    Over three and a half years since the end of the Great Recession, Connecticut's unemployment rate remains persistently high. Nationally, long term unemployment as a share of total unemployment at 37.3% is down from its 2010 peak of 45%, but still much higher than prerecession levels. Who are these long-term unemployed? How many have returned to the job market and with what success? This article attempts to shed light on these and other questions. [ download article only ]  

  • The 2014 Economic Outlook.  January 2014 (180K) Pg.1-5
    By Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    As is customary at the beginning of the year, this issue of the Digest looks at the economic prospects for 2014. This outlook attempts to interpret recent data and their trends, and to offer some insights about what they mean for the U.S. and Connecticut economies in the year ahead.

    The outlook for the U.S. economy is reasonably optimistic pending a positive resolution of two fiscal deadlines that loom early in the year, notably the January 15, 2014 end of the continuing resolution funding of the federal government, and the February 7, 2014 end of the nation's borrowing authority. A short-term slowdown in Q4-2013 resulting from the partial government shutdown in October is likely only temporary.  [ download article only ] 

  • WHERE WE WORK: Connecticut's Commuting Patterns.  December 2013 (410K) Pg.1-4
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    According to the American Community Survey conducted every year by the U.S. Census Bureau, on average, over the 2006-10 period, 1,713,272 Connecticut residents commuted to their jobs every workday. From Table 1, 1,618,120 of those Connecticut residents commuted to jobs within Connecticut, while 107,976 commuted to jobs at worksites outside Connecticut. In addition to the Connecticut residents who commuted to their jobs within the state, another 95,152 workers from surrounding states commuted to their jobs at worksites in Connecticut. The net result is that Connecticut exports 12,824 more workers to the surrounding states than it imports form the surrounding states. That makes Connecticut a net exporter of workers.  [ download article only ] 

  • The Monthly Snapshot Is Not the Whole Picture.  October 2013 (344K) Pg.1-3 & 5
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Labor markets are more dynamic than revealed in the monthly tallies of changes in employment levels. Two additional sets of indicators - the Business Employment Dynamics (BED)1 and the Quarterly Workforce Indicators (QWI)2 help illuminate the workings of the economy and labor market.

    Each month, the Department of Labor reports a snapshot of current employment which can be compared to the level of employment in a previous period, for example the previous year or the previous month. As the table at the top of page 6 shows, in August Connecticut employment fell by 6,000 jobs from July but increased 15,400 from August 2012. [ download article only ] 

  • Connecticut Occupational Employment and Wages in 2013.  October 2013 (344K) Pg.4
    By Michael Fitzgerald, CCT Research Analyst, Department of Labor Michael.Fitzgerald@ct.gov

    The 2013 estimates from the Occupational Employment Statistics (OEWS) Program were recently released. The estimates show Connecticut's total nonfarm employment at 1,620,620. The two largest occupations in the state are Retail Salespersons (50,070) and Cashiers (39,050), comprising 3.1% and 2.4% of total employment, respectively. The remaining top ten occupations are Registered Nurses; Secretaries, Except Legal, Medical, and Executive; General and Operations Managers; Customer Service Representatives; Waiters and Waitresses; Janitors and Cleaners, Except Maids and Housekeepers; Combined Food Preparation and Serving Workers, Including Fast Food; and Office Clerks, General. These occupations represent just under 20% of total employment in the state. Ninety-two percent of the employees in the ten largest occupations are employed in the private sector. The percentages range from nearly 100% private employment for Retail Salespersons to 74% for Janitors and Cleaners, Except Maids and Housekeeping Cleaners. The overall percentage of private employment in the state is slightly lower at 85%. [ download article only ] 

  • Connecticut's Regions and the Current Recovery.  September 2013 (410K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    Over the first four quarters of the current recovery, the first quarter of 2010 (2010Q1) to the first quarter of 2011 (2011Q1), based on seasonally adjusted quarterly data, Connecticut's Non-Farm Employment grew by 1.60%, while U.S. Non-Farm jobs increased by a slower 0.99% rate. Over the second four quarters, 2011Q1 to 2012Q1, the U.S. and Connecticut traded places. Connecticut's job-growth decelerated to 1.26%, while U.S. job-growth accelerated to +1.83%. Over the third four-quarter period of the current recovery, though the U.S. job-growth rate slowed to 1.54%, Connecticut's job-growth nearly came to a standstill, barely increasing at a rate of 0.26%. What happened? [ download article only ] 

  • Covered Employment and Wages: A 2012 Annual Review.  August 2013 (418K) Pg.1-3,& 5
    By Jonathan Kuchta, CCT, Department of Labor, Jonathan.Kuchta@ct.gov

    The number of workers in CT covered by Unemployment Insurance (UI) increased by 1.0 percent during 2012, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program (see table on pages 2 and 3). This increase built upon the 1.0 percent increase from 2011, as opposed to the 1.2 percent decline noted in 2010. Total private industry employment, constituting 85.5 percent of the State's employment total [little changed from 2011's 85.3], increased by 1.2 percent. Government employment decreased by 0.5 percent year-over-year. [ download article only ]  

  • Every Time is Different, But This One is Really Different. July 2013  (344K) Pg.3-4
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    No two business cycles are alike, but at least since the 1990's it had become conventional wisdom that recessions in Connecticut would last longer and see much larger job drops than the nation as a whole. This was certainly true of the recessions of 1990 and 2001, but that story didn't hold for the recession that hit Connecticut in 2008. [ download article only ]  

  • Turning Point, Inflection Point, or More of the Same? The Outlook to 2014Q4.  June 2013 (207K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    As of 2013Q1, Connecticut has been in recovery for 12 quarters, or three years. This recovery followed the first collapse of housing and credit bubbles since the 1920's, and the first systemic banking panic since the 1930's. In addition, after the financial system bailout in late 2008 and passage of the stimulus package in early 2009, austerity has won the day, in both in the U.S. and Europe. Consequently, this cycle, including the current recovery, has behaved differently than even other Post Cold War cycles which have been much weaker than other Post World War II Era recoveries. [ download article only ] 

  • Does Education Matter? May 2013  (419K) Pg.1,2 & 5.
    By Sarah York, Economist, Department of Labor Sarah.York@ct.gov

    With the varied reports on the state of the economy recently, many people are finding it difficult to tell which direction the economy is headed. The uncertainty leads many questioning their perceived notion on how to become successful in a chosen career. With increased attention on the costs of higher education coupled with the meek jobs reports, the decision to attend college may not seem worth it. However, an analysis of the most recent data available for Connecticut suggests that there is still a significant benefit to pursue higher education. [ download article only ]  

  • A Look at Phil Fed's Coincident and Leading Indexes.  April 2013 (423K) Pg.4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    State Coincident Indexes. The Federal Reserve Bank of Philadelphia produces a monthly coincident index for each of the 50 states and the nation, and it combines four state-level indicators, nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the consumer price index (U.S. city average) to summarize current economic conditions in a single statistic. The trend for each state's index is set to the trend of its gross domestic product (GDP), so longterm growth in the state's index matches long-term growth in its GDP. [ download article only ] 

  • Connecticut's Modest Economic Recovery Continues in 2012.  March 2013 (415K) Pg.1-3 & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Many of the Connecticut economic indicators have shown signs of a continuation of a modest economic recovery last year. After our annual revision, Connecticut's employment grew faster than originally estimated, keeping pace with the trend of 2011. Initial December 2012 employment estimate, for instance, was 100 lower than the December 2011 level. But it turns out that we actually had a gain of 8,600 jobs over the same period. And this year is off to a good start with a 4,700 job gain (+0.3%) in January, which is 8,000 more than a year ago. In fact, January's 1,644,400 is the new high in this recovery. Unemployment rate also has been falling steadily in the last five months to 8.1% in January 2013, which is below last year's 8.2%. [ download article only ] 

  • Connecticut's Private Sector Hours and Earnings: Working to Get Back to Normal.  February 2013 (348K) Pg.1-5
    By Lincoln S. Dyer, Economist, DOL Lincoln.Dyer@ct.gov

    In 2007, just prior to the start of the "Great Recession," the Bureau of Labor Statistics (BLS) released a new series tracking hours and earnings for all private workers. The data are available for the U.S. and states for the aggregated private sector and major private industry divisions.

    The series was developed because the traditional production worker hours and earnings estimates, produced since 1939 for war planning purposes in the goods-producing industries (construction and manufacturing), no longer captured the U.S. economy. Service-providing sectors were now adding the greater part of the new jobs and output in the globalized 21st century. The monthly estimates (average hourly length of the private sector workweek, average hourly private pay rates, and the average weekly private earnings) are samplebased, and have not yet been officially seasonally adjusted by the BLS. A total private level only estimate (no industry supersectors) is also being calculated for Connecticut's six BLS-recognized labor market areas (LMAs). The new all employee private payroll data, after several years of availability, are starting to give some useful approximations of general workforce trends in the states. [ download article only ] 

  • The 2013 Economic Outlook.  January 2013 (180K) Pg.1-5
    By Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    As we begin a new year, the Digest looks at the economic prospects for the year ahead. This outlook is an interpretation of some of the most recent data and their trends, and offers some insights about what they portend for the U.S. and Connecticut economies.

    The outlook for the U.S. economy is improving. Real Gross Domestic Product (RGDP) has grown for three and a half years since the "Great Recession" ended in Q2-2009. The constant dollar value of all goods and services produced by labor and capital located in the U.S. since then has averaged 2.2% at an annual rate from the preceding quarter (Figure 1). Decreasing by 3.1% in 2009, growing 2.4% in 2010, 1.8% in 2011, and an estimated 3.1% in Q3-2012, RGDP growth of 1.8% to 2.4% is likely in 2013. The New England Economic Partnership (NEEP), a consortium of government, business, and academia, in its proprietary forecast sees RGDP growth at 2.4% in 2013. The National Association of Business Economists (NABE) outlook panel sees 2.4% growth in 2013 [ download article only ]  

  • Job Polarization in Connecticut.  December 2012 (185K) Pg.1,2 & 5
    By Matthew Krzyzek, CCT Economist, DOL, Matthew.Krzyzek@ct.gov

    In recent months, much has been written of the hollowing out of the middle class during the recovery. A New York Times article partially attributes this to longterm trends of automation and globalization that cause a polarization of labor to high and low wage employment. The same article extensively reports on the findings by The National Employment Law Project (NELP). Their work analyzed nationwide Current Population Survey (CPS) data and found middle wage jobs incurred a majority of job losses during the recession, while lowwage jobs experienced a majority of post-recession job growth. The report also found the share of high wage job losses and subsequent gains to be 19 and 20 percent. [ download article only ]  

  • A Look at the Help Wanted OnLine Data Series.  December 2012 (185K) Pg.3 & 4
    By Sarah York, CCT Economist, DOL, Sarah.York@ct.gov
    Gone are the days when the most effective and utilized job search method was to open up your local newspaper. The use of online databases by job seekers has become much more prevalent in recent years. In an effort to reflect this reality, the Conference Board replaced its Help Wanted newspaper employment index with the Help Wanted OnLine Data Series (HWOL) in 2005. The series can be used for a variety of purposes, but its strengths may lie as an indicator of job demand as represented by employment vacancies and as a leading indicator of potential shifts in actual employment levels. [ download article only ]  

  • Local Area Unemployment Statistics: A Primer.  November 2012 (180K) Pg.1-5
    By Jungmin Charles Joo, Associate Research Analyst, Department of Labor Jungmin.Joo@ct.gov

    Unexpected movements in recent unemployment rate numbers surprised and puzzled many data users in the state. While sometimes no plausible explanations can readily be found behind these statistics, the unemployment rate has been and is undoubtedly one of the most important economic indicators in Connecticut and the nation that cannot simply be ignored or dismissed. So do you ever wonder how the unemployment rate is calculated for Connecticut? How about for all nine labor market areas and for all 169 cities and towns? Given the intense focus on Connecticut's unemployment rate the last few months, it is worth spending time to build a common understanding of how the rate is determined. [ download article only ]  

  • Connecticut and the Housing Bust: A Tale of Two Bubbles  October 2012 (349K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    On July 18, 2012, the Center for Real Estate and Urban Economic Studies (CREUES) at the University of Connecticut released their study in which they found signs of stabilizing housing prices after more than a year of declines. They found that over the previous year prices had stabilized or increased throughout most of Connecticut's markets, and that those areas with declines also showed improvement with smaller drops. Nationally, in their 2012 report released in June, the Joint Center for Housing Studies of Harvard University stated:

    After several false starts, there is reason to believe that 2012 will mark the beginning of a true housing market recovery. Sustained employment growth remains key, providing the stimulus for stronger household growth and bringing relief to some distressed homeowners. They went on to caution: While gaining ground, the homeowner market still faces multiple challenges. If the broader economy weakens in the short term, the housing rebound could again stall. [ download article only ] 

  • Unemployment Insurance Covered Employment and Wages: 2011 Annual Review.  August 2012 (418K) Pg.1-3,& 5
    By Edward T. Doukas, Jr., Research Analyst, Department of Labor Edward.Doukas@ct.gov

    The number of workers in Connecticut covered by Unemployment Insurance (UI) laws increased by 1.0 percent during 2011, according to data derived through the Quarterly Census of Employment and Wages (QCEW) program. The 2011 increase reversed the trend over the previous two years when annual average employment declined; down 1.2 percent in 2010 and 4.3 percent in 2009. Total private industry employment, accounting for 85.3 percent of the State's employment total, increased by 1.6 percent, while government employment fell by 1.9 percent. [ download article only ]  

  • Connecticut Occupational Employment and Wages in 2012.  August 2012 (418K) Pg.1-3,& 5
    By Lisa Castagna, DOL, Lisa.Castagna@ct.gov) & Jungmin Charles Joo, Associate Research Analyst, DOL Jungmin.Joo@ct.gov

    The recently released statistics by the Office of Research in the Connecticut Department of Labor showed that retail salespersons (50,190) and cashiers (39,640) were the occupations with the highest employment in Connecticut. These two occupations combined made up nearly 6 percent of total Connecticut employment. [ download article only ]  

  • Even in Tough Times, Education Improves Chances in Labor Market. July 2012  (419K) Pg.3-4
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    During graduation season, there were a number of stories in the news about the difficulty that many new college graduates are having finding employment, particularly high paying employment within a field related to their course of study. In addition, announcements by many institutions of tuition and fee increases and the debates in Washington about the interest rate changed on student loans generated media attention on the high cost of higher education. Implicit in some of this coverage is the idea that given the high cost of going to college, and the shortterm difficulty of some college graduates in the labor market, a college education might not be "worth it." While "individual results may vary" as they say (in fact they do vary significantly), on average additional education is still associated with increased employment and higher long term earnings prospects. [ download article only ]  

  • Drag Forces From Balance Sheet Recession Still Constrain Growth: The Employment Outlook to 2013  June 2012 (359K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    Drag is the aerodynamic force that opposes an aircraft's motion through the air. If for our analogy, we cast the aircraft as the economy, then the drag force on the economy is the $16.4 trillion collapse in net worth of U.S. households between 2007Q2 and 2009Q1. As of the fourth quarter of 2011, U.S. household net worth was still down $8.4 trillion from its peak. Further, the net worth of non-incorporated businesses was still down $2 trillion from its peak, also in 2007Q2. As noted in The Outlook to 2012, the recent downturn was no "ordinary" recession, and this is not a "normal" recovery. This recovery not only followed a financial panic, but also the first popping of asset bubbles in housing and the stock market, in conjunction with unsustainable levels of household debt since the 1920s. This wiped out the net worth of a significant number of households, as well as unincorporated businesses, leaving in its wake what has been called a Balance Sheet Recession. Balance sheet recessions are steeper and last longer than nonbalance sheet recessions, and they are followed by weaker recoveries5 as households reduce their spending and pay down debt to repair their net worth. [ download article only ] 

  • Is Connecticut a Small Business State? May 2012  (329K) Pg.1-5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    A widely held belief is small businesses create most of the new jobs. Given the recent recession and slow recovery, there is a lot of interest in job creation and policies to promote economic growth. Using a newly available data set from the U.S. Census, this article explores the notion of job creation by both firm age and firm size, and seeks to provide some clarity on the underlying dynamics of Connecticut's labor market.

    The Business Dynamics Statistics (BDS) produced by the U.S. Census Bureau is compiled using the Census Bureau's Business Register. The Business Register covers establishments of all domestic businesses including the self-employed, but excluding private households and governments. The BDS dataset tabulates data at the establishment level (an establishment is a fixed physical location where economic activity takes place). Establishments all belong to firms (a firm may be the parent of one establishment or multiple establishments). When analyzing BDS data for Connecticut it is important to note that though the establishments are all based within Connecticut, parent firms for Connecticut's establishments can be located anywhere in the nation. [ download article only ]  

  • Connecticut Continues on a Path to Recovery.  March 2012 (415K) Pg.1-3 & 5
    By Lincoln S. Dyer, Economist, DOL Lincoln.Dyer@ct.gov & Jungmin Charles Joo, Associate Research Analyst, DOL, Jungmin.Joo@ct.gov

    Connecticut's employment recovery from the devastating global financial recession continues. However, much more remediation, rebirth, and renewal are needed for a stable and lasting jobs revival. The January 2012 total nonfarm employment estimate is off to a promising start toward that end with a 7,100 job gain (0.4%). And the year-over-year job growth is accelerating to 0.7% in January 2012 from 0.5% in December 2011. The recently revised seasonally adjusted employment estimates confirm that Connecticut is making its way beyond this generational downturn. [ download article only ] 

  • Connecticut's Bioscience Industry: An Update.  February 2012 (415K) Pg.1-3 & 5
    By Stan McMillen, Ph.D., Managing Economist, DECD, Stan.McMillen@ct.gov & Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov
    The "Bioscience Connecticut" initiative that emerged in May 2011 is an $864 million investment that intends to make the University of Connecticut's Health Center (UCHC) a hub of research and clinical work in bioscience. This initiative reinforces the state's ongoing and renewed commitment to make Connecticut a leader in the bioscience industry. The "Bioscience Connecticut" initiative anticipates creating 3,000 jobs annually from 2012 through 2018 in the construction of a new patient tower and ambulatory care facility and renovations to existing research facilities. The plan estimates the creation of 16,400 jobs through 2037, a doubling of federal and industry research grants, as well as increased access to high quality health care, increased medical and dental school enrollments (+30%) and an increase in the number of primary and specialty care clinicians to meet forecasted workforce shortages and increased demand for healthcare services.  [ download article only ] 

  • The Connecticut Economic Outlook for 2012.  January 2012 (410K) Pg.1-3 & 5
    By Stan McMillen, Ph.D., Managing Economist, DECD, Stan.McMillen@ct.gov & Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    Since the "Great Recession" ended in Q2-2009 per the National Bureau of Economic Research (NBER) Business Cycle Dating Committee, real gross domestic product (RGDP) growth has been positive. The growth rate of the constant dollar value of all goods and services produced by labor and capital located in the U.S. has averaged 2.5% at an annual rate from the preceding quarter (Figure 1) In 2010, RGDP grew 3.0%, after decreasing by 0.3% in 2008 and 3.5% in 2009. We believe U.S. RGDP growth will be between 1.5% and 2% in 2012. The New England Economic Partnership (NEEP), a consortium of government, business and academia, in its proprietary forecast sees RGDP growth at 1.8% in 2012. The National Association of Business Economists (NABE) outlook panel sees 2.4% growth in 2012.  [ download article only ] 

  • Connecticut's UI Exhaustees: Where Are They Now? * November 2011  (351K) Pg.1-3, 5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    The recession of the late 2000's is the worst to hit the United States since the depression of the 1930's. Nineteen months after the official completion of Connecticut's recession, the unemployment rate is still stubbornly stuck around 9%. Based on data from the Current Employment Survey (CES), it is estimated about 119,000 jobs were lost in Connecticut through December 2009. Connecticut gained 24,300 jobs from January 2010, the end of Connecticut's recession, to January 2011. However, from January 2011 to July 2011, only about 8,500 jobs have been created. At the current level of job growth, it will take many years to employ those laid off by the recession. [ download article only ]

    * This a partial reprint of "Following Connecticut's Unemployment Insurance Claimants Through the Recession," by Manisha Srivastava, DOL, October 2011. For the full report, including an analysis on the demographics of current claimants, download: https://www1.ctdol.state.ct.us/lmi/pubs/ConnecticutUIClaimants.pdf

  • Young People Aren't Fleeing and the Cities Aren't Dying. October 2011  (419K) Pg.1-3, 5
    By Patrick J. Flaherty, Economist, DOL, Patrick.Flaherty@ct.gov

    Data from the U.S. Census Bureau refute the conventional wisdom that young people are leaving Connecticut in droves and the population of our cities is in decline. One example of popular perceptions comes from the "2011 Survey of Connecticut Business" released in early September by BlumShapiro and CBIA which reported "An overwhelming majority of respondents (85%) worry about the state's slow population growth and out-migration of 21-to-45 year-olds." Similarly, when population estimates from the 2009 American Community Survey (ACS) were released, a press release was headlined "Connecticut Still at Bottom in Attracting, Keeping 25-34-Year-Olds." In fact, the 2010 U.S. Census confirms that Ct's population is aging, but that the situation is not as dire or dramatic as perceptions would suggest. [ download article only ]  

  • Covered Employment and Wages: 2010 Annual Review.  August 2011 (412K) Pg.1-3,& 5
    By Edward T. Doukas, Jr., Research Analyst, Department of Labor Edward.Doukas@ct.gov

    Employment in Connecticut covered by Unemployment Insurance (UI) decreased by 1.2 percent during 2010, according to preliminary figures that recently became available through the Quarterly Census of Employment and Wages (QCEW) program. While 2010 recorded the second consecutive drop in annual average employment, the rate of decline was less than in 2009 when covered employment dropped by 4.3 percent. Total private industry employment, constituting 84.8 percent of the State's employment total, decreased by 1.1 percent, while government employment fell by 1.7 percent. [ download article only ] 

  • The Ups and Downs of Recovering from a Balance Sheet Recession: The Outlook to 2012  June 2011 (417K) Pg.1-3 & 5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    The ups and downs of this recovery continue as U.S. GDP growth decelerated from 3.1% (on an annualized basis) in 2010Q4 to 1.8% in 2011Q1. But then, U.S. nonfarm payroll employment grew by 244,000 in April. After the killing of Osama bin Laden, commodity prices, including oil, plummeted the first week of May. However, this may have also been driven by the retreat of speculators and a bearish outlook for the world economy. [ download article only ] 

  • Manufacturing Isn't Dead: It Doesn't Even Look That Way!  April 2011 (421K) Pg.3
    By Patrick J. Flaherty, Economist, Department of Labor,Patrick.Flaherty@ct.gov

    Some have erroneously declared manufacturing "dead," particularly in a state like Connecticut that has seen manufacturing's share of total employment fall nearly in half in the past twenty years. But this pronouncement is not just "premature" (to quote Mark Twain) but completely unwarranted. While a smaller share of total employment, manufacturing is and will continue to be a vital component of Connecticut's economy and labor market, and Connecticut will remain a place where manufacturers can grow and prosper. [ download article only ] 

  • Connecticut Recovery Began in January 2010.  March 2011 (408K) Pg.1-3 & 5
    By Jungmin Charles Joo, Associate Research Analyst, Department of Labor Jungmin.Joo@ct.gov

    The Great Recession II that began in March 2008 has ended in January 2010 for Connecticut, as measured by the total nonfarm employment. The newly revised seasonally adjusted employment data showed January 2010 to be the bottom of this awful economic downturn, one month later than originally anticipated. Over the 22 months of the recession, nearly 119,200 jobs were lost, about 20,000 more than originally estimated last March (see "Connecticut Recession to End in December 2009?" Connecticut Economic Digest, March 2010). [ download article only ] 

  • The Connecticut Economic Outlook for 2011.  January 2011 (410K) Pg.1-3 & 5
    By Stan McMillen, Ph.D., Managing Economist, DECD, Stan.McMillen@ct.gov & Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    The Nation. We expect the modest expansion of the U.S. economy that began in the third quarter of 2009 will continue in 2011. The outlook for continued recovery from the longest recession since the 1930s that began in December 2007 and lasted 18 months is tempered by harsh realities - notably, unacceptably high unemployment and a weak housing market. Yet, private sector employment increased in each month last year, totaling 1.1 million jobs through October 2010. Privately-owned housing starts in September were at a seasonally adjusted annual rate of 610,000 or 4.1% above the Sept'2009 rate of 586,000. U.S. Gross Domestic Product (GDP) grew at an average rate of 2.8% each quarter since the Q3-2009 expansion began.  [ download article only ] 

  • Connecticut's Gross Domestic Product Declines in 2009.  December 2010 (550K) Pg.5
    By Lincoln S. Dyer, Economist, Department of Labor Lincoln.Dyer@ct.gov

    Connecticut's Gross Domestic Product (GDP), the most comprehensive measure of total economic activity or value added in the state, was down as expected in 2009. On both a real (chained 2005 dollars) and current dollar basis, Connecticut GDP declined. The decrease in real CT GDP, which considers inflation's impact, was -3.1%, while the drop in current dollar GDP fell 1.2% from 2008 estimates.* Connecticut's real GDP was estimated at $205.7 billion and current dollar value GDP was calculated at $227.4 billion.  [ download article only ] 

  • The Face of the Long-Term Unemployed.  November 2010 (473K) Pg.1-3,& 5
    By Manisha Srivastava, CCT Economist, Department of Labor Manisha.Srivastava@ct.gov
    After much political debate, Congress approved extending unemployment insurance benefits for the long-term unemployed until November 30, 2010. The extended Emergency Unemployment Compensation (EUC) program is 100% federally funded. This is in contrast to the regular Unemployment Compensation (UC) program that is fully State funded. The EUC program is a newly created program as of June 30, 2008 in response to the current financial crisis. It is the first time in the 75-year history of UC that benefits have been extended for up to 99 weeks. [ download article only ] 

  • Connecticut Employment and Wages: A 2009 Review.  August 2010 (411K) Pg.1-3,& 5
    By Edward T. Doukas, Jr., Research Analyst, Department of Labor Edward.Doukas@ct.gov

    The recessionary impacts on Connecticut's economy that began being felt during the second half of 2008 took full effect in 2009. Connecticut's Unemployment Insurance (UI) covered employment dropped 4.3 percent during 2009. Records going back as far as 1969 show 2009's percentage decline was the second largest only behind the 5 percent drop that occurred during 1991. Another indicator of the economic wOEWS the State faced in 2009 was that the average annual wage of Connecticut workers ($57,755) decreased from the previous year ($58,334). A review of data dating back as far as 1969 shows that this was only the second time this anomaly has occurred. The only other year that annual pay per employee decreased was 2002. [ download article only ] 

  • Forecast to 2011: Navigating the Crosscurrents.  June 2010 (212K) Pg.1-3 & 5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov
    On May 6, 2010, the Dow plunged nearly 1,000 points until recovering to close down 347.80 (-3.20%) points, an unpleasant reminder of 2008. Despite the infamous "fat finger" glitch and model-driven threshold selling, the underlying driver of the market's gyrations was the sovereign debt crisis centered on Greece. It is a stark reminder that the world's financial system is still very fragile. On the other hand, the U.S. jobs report for April 2010, which came out the next day, showed that the national economy had added 290,000 jobs in April the best monthly performance in four years. These two events highlight the strong crosscurrents that are pulling the economy, both up and down at the same time, as this apparent turning point proceeds. [ download article only ] 

  • Unemployment Insurance Supports the State's Economy.  May 2010 (203K) Pg.1-3 & 5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    There are two sets of objectives addressed by the unemployment insurance system. The primary objectives are aimed directly at providing financial help to workers during temporary periods of involuntary unemployment, thereby reducing the economic insecurity faced by individuals and their families. The secondary objectives are to promote economic stability and efficiency. The focus of this article is on the role of unemployment insurance (UI) as an automatic stabilizer for the economy, to dampen the amplitude of the business cycle. By design, automatic stabilizers dampen fluctuations in economic activity as those fluctuations occur. Unemployment insurance works by putting a floor under the fall in consumers' disposable income. It provides eligible unemployed workers with temporary benefit payments, thereby cushioning their decline in disposable personal income. [ download article only ] 

  • U.S. Census Brings Temporary Federal Jobs.  April 2010 (145K) Pg.4
    By Lincoln S. Dyer, Economist, Department of Labor Lincoln.Dyer@ct.gov

    By now most Connecticut households have received their 2010 Census forms. Advanced notifications were sent out in early March, followed soon after by the official 2010 Census forms. The 2010 Census forms were projected to arrive at U.S. residences in late March, to be completed and customarily returned in April. April 1st is National Census Day, and some newly hired census takers were expected to start late on March 31st with a rural canvassing and an urban homeless headcount campaign. Then a labor-intensive address follow-up and localized information drive is normally planned for May through July. By mid-summer, the short-term local economic impacts of the Census will be all but over. An evaluation of federal government civilian employment for Connecticut over the last four decades shows the U.S. Census employment buildup that occurs once every ten years in the state seems to follow this basic pattern. [ download article only ] 

  • Connecticut Recession to End in December 2009?  March 2010 (423K) Pg.1-3 & 5
    By Jungmin Charles Joo, Associate Research Analyst, Department of Labor Jungmin.Joo@ct.gov

    The Great Recession II that began in March 2008 may finally be over for Connecticut. The newly revised nonfarm employment data appears to show December 2009 to be the bottom of this treacherous economic downturn. While we added 2,300 jobs in January, and need to see how the next several months will pan out, it appears that our State's economy has begun to rebound. Connecticut's year-over-year percent changes in employment began to decline at a slower rate starting in September 2009, and recovery in terms of output has already begun nationally. The State's average weekly initial claims data peaked in March 2009 and has been trending down. The stock market also bottomed out in March last year and corporate profits have rebounded. Even last year's employment trend in the Connecticut employment services industry, a leading indicator of our State's total nonfarm employment, appears to have bottomed out. However, while the prospects of employment dropping below December 2009's level is not anticipated, the uncertain nature of the economy warrants a cautious approach, as both the national and Connecticut's recovery remain tenuous at best. [ download article only ] 

  • Last but Not Dead.  February 2010  (401K) Pg.1-2, 5
    By Patrick J. Flaherty, Economist, Department of Labor Patrick.Flaherty@ct.gov

    Several media stories have reported that "Connecticut's job growth ranks dead last in the nation." The truth of this statement depends on the answer to the question, "since when?" For example, if the period used to calculate job growth is February 1989 to December 2009 then the statement is true. Payroll employment in Connecticut is down more than 3.5% from where it was more than 20 years ago, giving us the worst job performance in the country. On this measure, Connecticut is below even Michigan (down about 1.4%) and Rhode Island (down 2.1%) with the rest of the nation showing gains. [ download article only ] 

  • The Connecticut Economic Outlook for 2010.  January 2010 (413K) Pg.1-3 & 5
    By Stan McMillen, Ph.D., Managing Economist, DECD, Stan.McMillen@ct.gov & Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    The Nation. In 2010, the U.S. economy will begin recovering from the current severe recession that began in December 2007. This outlook is supported by historic experience and recent positive developments. Since World War II, the average length of U.S. recessions has been 10.5 months with the longest lasting 16 months. The current recession is already longer and some observers consider it to have ended in the third quarter of 2009 (Q3-2009). They note that quarter-over-quarter real gross domestic product (RGDP) grew at an annualized rate of 2.8% from Q2-2009 according to the revised estimate released by the Bureau of Economic Analysis (BEA). In Q2-2009, RGDP declined by 0.7%, moderating from Q1-2009 when RGDP declined by 6.4%. [ download article only ] 

  • 1997: The year of titanic job growth March 1998, (231K) Pg.1, 4.

  • 1998 Economy: At Full Speed. March 1999, (449K) Pg.1, 4.

  • 1999 Economy Will Slow, But Continue To Grow. January 1999, (281K) Pg.1-2.

  • 2001: A Recession Odyssey. March 2002, (235K) Pg.1-5.

  • 2002: A Year to Keep the Hope for a Stronger Economy. January 2002, (226K) Pg.1-2.

  • 2007: Another Good Year for State Employment Growth March 2008, (636K) Pg.1-2, 5.

  • A 2004 recovery: wishful or real? January 2004, (222K) Pg.1-3.

  • A Tale of Seven Cities: Clues to the Hartford region's economic future? February 2004, (224K) Pg.1.

  • Bradley Airport's Economic Contribution Studied July 2005, (551K) Pg.2-5.

  • Business and Employment Changes. October 2003, (230K) Pg.5.

  • Business Openings and Expansions. February 2001, (231K) Pg.4.

  • Business Openings and Expansions. November 2001, (237K) Pg.1-3.

  • Business Starts and Terminations by Industry, 2004. December 2005, (551K) Pg.1-3.

  • Confidence in Connecticut Business Climate Sustained. March 2002, (235K) Pg.7.

  • Connecticut Business Climate Index Launched. November 1999, (194K) Pg.1-3.

  • Connecticut Economic Outlook for 2007. January 2007, (577K) Pg.1-2.

  • Connecticut Recession Began in March 2008 March 2009, (429K) Pg.1.

  • Connecticut's Economy: A Look Back...and Ahead. January 2005, (661K) Pg.2-5.

  • Connecticut's Travel and Tourism Industry: Important Economic Driver. August 2003, (240K) Pg.2-3.

  • Does Connecticut have a Problem with Economic Growth? July 2006, (643K) Pg.1.

  • Economic News. October 2003, (230K) Pg.5.

  • Economic outlook strong for 1998. January 1998, (227K) Pg.1-2.

  • Economic Recovery Underway in 2004 March 2005, (1,033K) Pg.2-5.

  • Economy improves further in 1996. March 1997, (319K) Pg.1-4.

  • Economy's Strengths Sustainable? January 2001, (249K) Pg.1-2.

  • Employment Declines for the Second Year. March 2003, (266K) Pg.5.

  • Employment declines for the third year. March 2004, (241K) Pg.1-5.

  • Estimating the Impact of Public Policy and Investment Decisions. May 2003, (253K) Pg.1-5.

  • Expansion At Last! March 2000, (181K) Pg.1-4.

  • Expansion Continued in 2000 March 2001, (226K) Pg.3-5.

  • Gross State Product Grew 4.7 Percent in 1999. July 2001, (215K) Pg.5.

  • Gross State Product Reviewed. September 1999, (178K) Pg.1-4.

  • Health Care and Social Assistance Industry Profiled. February 2007, (501K) Pg.1-2.

  • Identifying Turns in Connecticut's Economy. January 2002, (226K) Pg.1-2.

  • Is Connecticut rising to the global economy challenge? April 2005, (962K) Pg.2-5.

  • It’s an Exciting Time to be an Economist February 2009, (407K) Pg.1-2, 5.

  • New Beginnings. February 2002, (207K) Pg.1-2.

  • Partnership for Growth II: A Blueprint for Connecticut's Economic Future. May 2004, (211K) Pg.1-5.

  • Positive Signs for State Economy in 2000. January 2000, (176K) Pg.1-2.

  • Regional Economic Retrospective. April 2001, (230K) Pg.1-3.

  • Running Towards a Healthy Economy. September 2001, (233K), Pg.1-4.

  • Small Business Profile May 2005, (564K) Pg.2-5.

  • The 2003 Economic Outlook. January 2003, (248K) Pg.1-2.

  • The 2006 Economic Outlook: New Year, New Optimism. January 2006, (557K) Pg.1-3.

  • The 2008 Economic Outlook January 2008, (620K) Pg.1-2, 5.

  • The 2009 Economic Outlook January 2009, (407K) Pg.1-2, 5.

  • The Next Recovery: Perhaps Not Quite So Jobless October 2009, (422K) Pg.1-4.

  • The Connecticut Business Cycle: A Short History (1939 - 2002). June 2002, (232K) Pg.1-4.

  • The older workforce and its implications for the Connecticut economy. April 2004, (235K) Pg.1-5.

  • The Patriots are Coming! The Patriots are Coming! February 1999, (429K) Pg.2-3.

  • The "X" Economy. November 2001, (237K) Pg.4.

  • Who is Moving into Connecticut? October 2007, (574K) Pg.1-2, 5.

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  • Bioscience Industry Employment Trends, 2001-2023. July 2024 (4.5M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's bioscience cluster includes advanced manufacturing and service sector Research and Development (R&D) industries focused on the design and production of pharmaceuticals and other medical equipment and technology.

    Figure 1 shows annual average Bioscience employment from 2001 to 2023. Overall, Bioscience employment fell from 2001 to 2017, driven by declines in its manufacturing component industries. The combined Bioscience cluster grew 2.5% and 4.4% in 2018 and 2019. After a slight 0.3% dip from 2019 to 2020, the cluster grew by 6.2% and 5.1% in 2021 and 2022. Bioscience fell slightly in 2023, down 344 or -1.3% in 2023 but the number of establishments increased. [ read more ]

  • Most Towns Experienced Decreases in the Unemployment Rate in 2023.  June 2024 (4.5M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2023, the annual average statewide unemployment rate was 3.8%, down from 4.1% in 2022. As the labor force bounced back for the third year from the impact of the COVID-19 pandemic, most of the municipalities continued to experience a decrease in their unemployment rate last year.

    2022 to 2023
    The unemployment rate in 89% of the cities and towns in the state fell in 2023. Washington had the lowest unemployment rate of 2.3%, while the residents of Waterbury experienced the highest rate of 5.9% last year (see table on page 3 for the complete town data). Overall, a total of 131 cities and towns had jobless rates below the 2023 statewide figure of 3.8%, 30 had rates above it, and 8 had rates equal to it. By comparison, 125 cities and towns had rates below the 2022 statewide average of 4.1%, 38 above it, and 6 were the same.

    Of the five largest cities in the state with a population of 100,000 or more, Stamford had the lowest unemployment rate of 3.5% in 2023. Waterbury posted the highest jobless rate among the large cities at 5.9%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Short-Term Employment Projected to Grow Modestly Through 2025.  May 2024 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add almost 30,000 jobs through the end of the short-term projections period (2nd quarter 2025). In addition to that net increase, the state is projected to have over 425,000 openings across all occupational categories and every educational level. The industries driving this growth include Health Care, Educational Services, Manufacturing, and Transportation & Warehousing. Through 2025Q2, we project overall employment in Connecticut to increase by 1.6% from 1,824,865 to 1,854,557 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 2.1% and the Service-Providing sector is projected to grow by 1.5% over two years. This latter sector represents 86.6% of industry employment in the state. The current projections round spans the second quarter of 2023 to the second quarter of 2025.

    Projections by Industry
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. Among the 20 industry groups shown in Figure 1 (page 3), 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+9,255), Educational Services (+2,954), Manufacturing (+2,787), and Transportation & Warehousing (+2,692). [ read more ]

  • Connecticut's Population Gains.  April 2024 (4M) Pg.1-3
    By Patrick.Flaherty, Director of Research

    The latest population estimates from the U.S. Census Bureau show that Connecticut's population increased by 8,470 in 2023 with births outnumbering deaths by 2,115 and net migration from other states and countries totaling 6,248. While it will be some months before a breakdown by state and age will be available for 2023, the available data through 2022 show encouraging signs for Connecticut.. [ read more ]

  • Connecticut's Economy Recovers to its Pre-Pandemic Level in 2022  March 2024 (4.7M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Connecticut employment continued to grow for the third year in a row, nearly completely recovering to the pre-pandemic levels in 2023. (The January 2024 jobs numbers, released in March, show jobs have more than fully recovered from pandemic losses.) The revised annual average total nonfarm employment rose 1.6% to a level of 1,694,200 in 2023. Correspondingly, last year's annual average unemployment rate dropped further to 3.8% from 4.1% in 2022. Overall, the 2023 economy continued to recover moderately as per the annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2023 Connecticut regained 26,100 jobs (1.6%), fewer than the gain of 51,800 jobs (3.2%) in 2022. In the nation employment rose 2.3% in 2023, after having increased 4.3% in 2022.

    As shown in Chart 1, most of Connecticut's industry sectors continued to add jobs last year. Eight of eleven major industry sectors have gained employment over the year, while three shed jobs. The biggest job growth occurred in education and health services (13,200, +3.9%), and leisure and hospitality (4,200, +2.8%). However, information (-300, -1.0%), professional and business services (-900, -0.4%), and financial activities (-200, -0.2%) posted slight declines in employment in 2023. [ read more ]  

  • Connecticut's Economy Recovers to its Pre-Pandemic Level in 2022  March 2024 (4.7M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Connecticut employment continued to grow for the third year in a row, nearly completely recovering to the pre-pandemic levels in 2023. (The January 2024 jobs numbers, released in March, show jobs have more than fully recovered from pandemic losses.) The revised annual average total nonfarm employment rose 1.6% to a level of 1,694,200 in 2023. Correspondingly, last year's annual average unemployment rate dropped further to 3.8% from 4.1% in 2022. Overall, the 2023 economy continued to recover moderately as per the annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2023 Connecticut regained 26,100 jobs (1.6%), fewer than the gain of 51,800 jobs (3.2%) in 2022. In the nation employment rose 2.3% in 2023, after having increased 4.3% in 2022.

    As shown in Chart 1, most of Connecticut's industry sectors continued to add jobs last year. Eight of eleven major industry sectors have gained employment over the year, while three shed jobs. The biggest job growth occurred in education and health services (13,200, +3.9%), and leisure and hospitality (4,200, +2.8%). However, information (-300, -1.0%), professional and business services (-900, -0.4%), and financial activities (-200, -0.2%) posted slight declines in employment in 2023. [ read more ]  

  • Connecticut's Work-Related Fatality Rate Second Lowest in Nation for Two Years in a Row.  February 2024 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 34 lives to work injuries in 2022, for a rate of 2.0 deaths per 100,000 full-time equivalent workers. This is an increase from 2021's 23 deaths but is below Connecticut's annual average of 38 work-related deaths (Chart 1). Only one other state - Rhode Island - recorded a rate lower than Connecticut's (Table 1).

    The nation lost 5,486 lives to workplace injuries in 2022, an increase from 2021's 5,190 deaths. The fatal injury rate increased from 3.6 per 100,000 full-time equivalent workers in 2021 to 3.7 in 2022. The highest loss was seen in Texas with 578 deaths, followed by California with 504 deaths and Florida with 307 deaths. High rates were recorded in Wyoming (12.7) and North Dakota (9.8). Rhode Island had 7 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,069 followed by transportation and warehousing with 1,053 deaths. Together, these two industries account for 39 percent of deaths.

    The construction industry and the transportation and warehousing industry each had 9 deaths in Connecticut. Together, they accounted for 53 percent of 2022's deaths. Manufacturing came in third with 4 deaths, or 11.8 percent of total deaths (Table 2). With an overall rate of 2.0, Connecticut saw a rate of 9.4 in transportation and utilities and 6.7 in construction. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • Summary of Boston Consulting Group's Report: "Getting Young People Back on Track"  December 2023 (4.3M) Pg.1-5
    By Xian Guan, Associate Research Analyst, Department of Labor

    In October 2023, the Boston Consulting Company (BCG) released "Getting Young People Back on Track," an important blueprint for identifying and re-engaging disconnected and at-risk youth. The report was produced using data from the state's P20 WIN project and reached audiences including policymakers, youth services professionals, safety net service agencies, and media outlets. To further the efforts to reach at-risk young people, the Connecticut Department of Labor (CTDOL) presents the report's key findings followed by a synopsis of how the underlying data was compiled through the Connecticut longitudinal data system, P20 WIN. Additionally, CTDOL's Research Unit, a P20 WIN partner, offers three data-driven recommendations for future research.

    At-Risk and Disconnected Young People
    "Getting Young People Back on Track" concluded that during the 2021-2022 school year Connecticut had 119,000 youth between 14-26 years old who are either disconnected or at risk. Using the below definitional framework, this total is comprised of 63,000 disconnected and 56,000 at-risk youth.

    On-track: young people aged 14-26 who are engaged in the educational system or on-track for gainful employment.

    At-risk: three sub-populations-off-track, those students who do not meet state credit attainment requirements; at-risk due to other factors, such as absenteeism and/or behavioral issues; and severely off-track, those students are off-track and display additional risk factors. [ read more ]

  • All State Economic Indexes Rose Again in 2022.  October 2023 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the second year in a row, all state economic indexes increased last year. Connecticut had the twelfth-highest 2022 growth in the nation at 17.8%, exceeding the nation's 17.6% increase. Rhode Island, Colorado, Missouri, and New Jersey grew the most in 2022 while Washington, Kentucky, Nebraska, and Utah were the slowest.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2023 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2022 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate.

    Business establishments are the physical work units located in the state. Employment is the number of payroll employees in the establishments that are located in the state who are covered under the unemployment insurance law (nearly the universe count of all the payroll employees in each state). Average annual pay is the aggregate wages earned divided by the total average employment. Establishments, employment, and wages are proxies for each state's business activities and its overall economic strength, while the unemployment rate measures the overall economic health of each state's working residents. [ read more ]

    Download SEI 2010-2022 data.xlsx

  • All of Connecticut Town Economic Indexes Recover in 2022.  September 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as all municipalities' indexes rose in 2022, a recovery for all 169 cities and towns that fell in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2022 data.xlsx

  • The Unemployment Rate of All Towns Fell in 2022.  June 2023 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2022, the annual average statewide unemployment rate was 4.2%, down from 6.3% in 2021. As the labor force bounced back for the second year from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2021 to 2022
    The unemployment rate in all 169 cities and towns in the state fell in 2022. Roxbury had the lowest unemployment rate of 2.5%, while the residents of Hartford experienced the highest rate of 6.5% last year (see table on page 3 for the complete town data). Overall, a total of 128 cities and towns had jobless rates below the 2022 statewide figure of 4.2%, 37 had rates above it, and 4 had rates equal to it. By comparison, 134 cities and towns had rates below the 2021 statewide average of 6.3%, 30 above it, and 5 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.9% in 2022. Hartford posted the highest jobless rate among the large cities at 6.5%. All five cities experienced over-the-year unemployment rate decreases.  [ read more ]

  • The Unemployment Rate of All Towns Fell in 2022.  June 2023 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2022, the annual average statewide unemployment rate was 4.2%, down from 6.3% in 2021. As the labor force bounced back for the second year from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2021 to 2022
    The unemployment rate in all 169 cities and towns in the state fell in 2022. Roxbury had the lowest unemployment rate of 2.5%, while the residents of Hartford experienced the highest rate of 6.5% last year (see table on page 3 for the complete town data). Overall, a total of 128 cities and towns had jobless rates below the 2022 statewide figure of 4.2%, 37 had rates above it, and 4 had rates equal to it. By comparison, 134 cities and towns had rates below the 2021 statewide average of 6.3%, 30 above it, and 5 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.9% in 2022. Hartford posted the highest jobless rate among the large cities at 6.5%. All five cities experienced over-the-year unemployment rate decreases.  [ read more ]

  • How COVID has changed the Labor Market  June 2023 (4M) Pg.1,4,5
    By Patrick.Flaherty, Director of Research

    Now that three years have passed since the emergence of COVID-19 it is possible to begin to distinguish between the short-term and long-term effects of the pandemic. To provide additional measures of the effects of the COVID-19 pandemic on the labor market, the Bureau of Labor Statistics (BLS) conducted a series of Business Response Surveys. The initial survey was conducted in July through September 2020. Additional surveys were conducted in July to September 2021 and August to September 2022. The results of these surveys give some insights into the effects of the pandemic on the labor market nationally and here in Connecticut. In addition, the Job Openings and Labor Turnover Survey (JOLTS) from BLS and the Job-to-Job Flows from the U.S. Census show one unexpected effect of the pandemic - the greater willingness of workers to voluntarily leave their jobs and the resulting increase the number of job openings.

    The 2020 Business Response Survey showed that Connecticut's business response to the pandemic was similar to businesses in the nation as a whole. For example, 51.9% of establishments nation-wide told employees not to work and 51.3% of these continued to pay employees some or all of their pay while not working. In Connecticut, it was 52.8% and 48.1% respectively. Nationally, 55.6% of establishments experienced a decrease in demand for their products or services and 18.7% experienced a government-mandated closure. Connecticut's portion with decreased demand was 56.3% while the portion with a mandated closure was 17.3% in Connecticut. Only 17.8% of establishments nationally and 17.1% in Connecticut reported that they experienced no impact from the pandemic on their business operations. [ read more ]

  • Short-Term Employment Projections Through 2024.  April 2023 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add jobs through the end of the short-term projections period. Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The current round spans the second quarter of 2022 to the second quarter of 2024. Through 2024Q2, we project overall employment in Connecticut to increase by 2.5% from 1,800,395 to 1,845,444 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 3.7% and the Service-Providing Sector is projected to grow by 2.2% over two years. This latter sector represents 86.7% of industry employment in the state.

    Projections by Industry
    Among the 20 industry groups shown in figure 1, 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+6,156), Accommodation & Food Services (+5,493), Manufacturing (+5,478), and Transportation & Warehousing (+4,643). These four industries account for more than half of the projected overall growth across all industries. The projected Health Care growth will bring that industry to early 2020 pre-pandemic employment levels. Accommodation & Food Services was one of the hardest hit industries during the COVID-19 lockdown and fell by almost 50% during the first half of 2020 from 134,000 to 71,000. That industry is projected to increase to almost 138,000 workers by the second quarter of 2024, exceeding 2020 pre-pandemic levels but still down from a series high of 144,000 reached in late 2019. The gains in Manufacturing are driven in large part by Transportation Equipment Manufacturing (NAICS 336), which is projected to account for 2,957 of the 5,478 job increase projected for the overall sector. Transportation & Warehousing quickly rebounded from the COVID-19 lockdown and added jobs throughout the recovery. The industry was up 14,500 jobs or 25% from 2020Q2 to 2022Q2 and is expected to continue to grow by 7% through 2024Q2. [ read more ]

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • Connecticut's Economy Recovers to its Pre-Pandemic Level in 2022  March 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Connecticut employment continued to improve for the second year in a row, nearly completely recovering to the pre-pandemic levels. The revised annual average total nonfarm employment rose 3.1% to a level of 1,665,600 in 2022. Correspondingly, last year's annual average unemployment rate dropped significantly to 4.2% from 6.3% in 2021. In fact, 2022 economy recovered the strongest over the last nine years as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2022 Connecticut regained 49,300 jobs (3.1%), more than the gain of 45,600 jobs (2.9%) in 2021. In the nation employment rose faster at 4.3% in 2022, after having increased 2.9% in 2021.

    As shown in Chart 1, all but one of Connecticut's industry sectors bounced back last year. Ten of eleven major industry sectors have added jobs back over the year, while mining was unchanged. The biggest recovery occurred in leisure and hospitality (10.9%), other services (4.8%), and information (3.7%). Leisure and hospitality was also the biggest job gainer (14,700), followed by education and health services (8,300). Financial activities (0.2%) and government (1.3%) posted the slowest job growth in 2022. [ read more ]  

  • Connecticut's Work-Related Fatality Rate Second Lowest in Nation.  January 2023 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 23 lives to work injuries in 2021, for a rate of 1.4 deaths per 100,000 full-time equivalent workers. This is the lowest recorded number of deaths since the program began in 1992. This is a decrease from 2020's 29 deaths and is below Connecticut's annual average of 38 work-related deaths (Chart 1). Only one other state - Rhode Island - recorded a rate lower than Connecticut's (Table 1).

    The nation lost 5,190 lives to workplace injuries in 2021, an increase from 2020's 4,764 deaths. The fatal injury rate increased from 3.4 per 100,000 full-time equivalent workers in 2020 to 3.6 in 2021. The highest loss was seen in Texas with 533 deaths, followed by California with 462 deaths and Florida with 315 deaths. High rates were recorded in Wyoming (10.4) and North Dakota (9.0). Rhode Island had 5 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 986, followed by transportation and warehousing with 976 deaths. Together, these two industries account for 38 percent of deaths.

    With 6 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 26.1 percent of 2021's deaths. Administrative and waste services came in second with 5 deaths, accounting for 21.7 percent of total deaths (Table 2). With an overall rate of 1.4, Connecticut saw a rate of 5.2 in construction and 2.5 in professional and business services. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • STEM To Grow Faster Than Overall Occupations Through 2030.  December 2022 (5M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Science, Technology, Engineering, and Math (STEM) occupations are projected to grow faster than all occupations in Connecticut through 2030. These high-growth, good-paying occupations are distributed throughout most major industries in the state and include a variety of career opportunities for Connecticut workers.

    The Connecticut Department of Labor discussed our 2020-2030 long-term projections in the September 2022 edition of the Connecticut Economic Digest. That article noted expectations of employment increasing by 201,000 jobs in Connecticut from 2020 to 2030. The industries projected to drive this overall growth include Accommodation & Food Services, Health Care, Transportation & Warehousing, and Professional, Scientific, & Technical Services. The long-term projections are conducted every two years by all 50 states and major territories at the industry and occupational level. This article focuses on STEM occupations within the long-term projections to illustrate employment expectations for this important segment of the Connecticut economy.

    Top Ten STEM Occupations in CT
    The ten largest STEM occupations account for 57% of overall STEM employment in the state. Among these ten occupations, four are computer occupations (SOC-15), three are engineering (SOC-17), two are management (SOC-11), and one involves sales (SOC-41). The largest STEM occupation in the state, Software Developers & Analysts (15-1256) had 2020 employment of 19,130 and is expected to grow by 5,280 or 28% to 24,410 by 2030. The other STEM occupations in Figure 1 are projected to grow between 8% and 22% through 2030. These occupations have annual average wages of between $63,380 (Computer User Support Specialist) and $150,629 (Computer & Information Systems Managers). STEM occupations earned an average of $103,214 overall in 2021, which compares favorably to $67,169 earned on average for all employment in the state [ read more ]

  • 2021 Economic Indexes Rebounded in All States.  November 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Economic indexes bounced back last year in all states after having fallen in 2020. Forty-nine states (including Connecticut) had faster growth in 2021 than in 2019 - the last pre-pandemic year while one state matched the 2019 pace.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2022 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census of Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2021 period.

    These indexes provide a measure of the overall economic strength of each state. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2021 data.xlsx

  • Nearly All of Connecticut Town Economic Indexes Recover in 2021.  October 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as 99% of municipalities' indexes rose in 2021, after all of 169 cities and towns having fallen in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2021 data.xlsx

  • Long Term Industry and Occupational Projections: 2020-2030.  September 2022 (4.3M) Pg.1-5
    By Matthew Krzyzek, Economist and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut's employment is projected to increase by more than 201,000 jobs over the ten-year period ending in 2030. This 12% increase is 4.3 percentage points above the U.S. projection of 7.7%. Every two years, the U.S. Bureau of Labor Statistics produces 10-year projections of the U.S. labor force and employment by industry and occupation. This process is replicated at the state level to produce a detailed overview of the expected direction of the labor market in Connecticut.

    Effects of COVID-19 on the 2020-30 Projections
    The COVID-19 pandemic triggered a steep and short U.S. recession from February to April 2020.1 The impact of this translates to lower base-year values than earlier rounds of long-term projections. This results in higher projected employment growth, particularly in the industries and occupations that had the largest COVID-19 declines.2 These projections assume a full-employment economy, and many industries heavily impacted by COVID-19 are projected to have higher growth than would occur if the base year was not so low due to the recession.

    In addition, some industries and occupations have seen a change in long-term demand as a result of the pandemic. Industries that are expected to see long-term increased growth include computer-related occupations such as those that relate to telework computing infrastructure and IT security. On the other hand, Retail Trade is expected to experience an amplification of its long-term declines due to changes in consumer behavior that will outlast the pandemic. [ read more ]

  • The Unemployment Rate of All Towns Fell in 2022.  June 2023 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2022, the annual average statewide unemployment rate was 4.2%, down from 6.3% in 2021. As the labor force bounced back for the second year from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2021 to 2022
    The unemployment rate in all 169 cities and towns in the state fell in 2022. Roxbury had the lowest unemployment rate of 2.5%, while the residents of Hartford experienced the highest rate of 6.5% last year (see table on page 3 for the complete town data). Overall, a total of 128 cities and towns had jobless rates below the 2022 statewide figure of 4.2%, 37 had rates above it, and 4 had rates equal to it. By comparison, 134 cities and towns had rates below the 2021 statewide average of 6.3%, 30 above it, and 5 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.9% in 2022. Hartford posted the highest jobless rate among the large cities at 6.5%. All five cities experienced over-the-year unemployment rate decreases.  [ read more ]

  • 2021 Unemployment Rate by Town.  June 2022 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2021, the annual average statewide unemployment rate was 6.3%, down from 7.8% in 2020. As the labor force bounced back from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2020 to 2021
    The unemployment rate in all 169 cities and towns in the state fell in 2021. Cornwall had the lowest unemployment rate of 3.7%, while the residents of Hartford experienced the highest rate of 11.0% last year (see table on page 3 for the complete town data). Overall, a total of 134 cities and towns had jobless rates below the 2021 statewide figure of 6.3%, 31 had rates above it, and 4 had rates equal to it. By comparison, 127 cities and towns had rates below the 2020 statewide average of 7.8%, 39 above it, and 3 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 5.7% in 2021. Hartford posted the highest jobless rate among the large cities at 11.0%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Job Openings Growth and the Tight Labor Market in Connecticut.  June 2022 (4M) Pg.1,4-5
    By Matthew Krzyzek, Economist, Department of Labor

    As the global economy recovers from the tumultuous impacts of COVID-19, its continued effect on labor markets is illustrated by a look at the BLS Job Openings and Labor Turnover Survey (JOLTS). The JOLTS survey provides information on labor demand and turnover at the U.S., regional, and most recently at the state levels.1 This information includes estimates of job openings, new hires, layoffs, quits, and other labor market movements.

    In the year before the early 2020 COVID-recession, the economy had a tight labor market. The unemployment rate was below 4% and the U.S. and Northeast both had more openings than unemployed workers throughout the year. Figure 1 shows the number of job openings per unemployed worker from early 2019 through March 2022. This ratio experienced an unprecedented decline during early 2020. In February 2020, Connecticut had 1.05 job openings per unemployed worker, a level in line with the Northeast (1.07). The U.S. rate was higher. Two months later, as COVID-related unemployment spiked, there were only 0.33 openings per unemployed worker in Connecticut and 0.20 in both the Northeast and U.S. Put another way, in April 2020, there were three unemployed workers per opening in the state, and five unemployed workers per opening in the Northeast and U.S. [ read more ]

  • Short-Term Employment Projections Through 2023.  May 2022 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past two years have been a period of unprecedented economic change during which labor markets adapted to COVID-19 mitigation. In early 2020, the US economy had a 2-month recession, the shortest on record.1 Employment peaked in February at 152.5 million and fell by 22 million two months later. Employment began to quickly rebound and more than half of the 22 million jobs lost were recovered by September 2022. The most recent month of data marks two years from the February 2020 pre-COVID employment peak and show that the current employment level has recovered 92.8% of jobs lost nationwide during the recession.

    Figure 1 shows the impact of the COVID-19 recession and recovery on northeast states through March 2022. Every northeast state had 2020 percent losses that were steeper than the U.S. Connecticut's 17% decline was the second lowest in the Northeast. Adjacent states of Massachusetts, New York, and Rhode Island had respective drops of 18.4%, 20.2%, and 21.3%. In the two years since the February 2020 peak, Connecticut has recovered 81.8% of the jobs lost during the COVID-recession, more than New York (76.4%), but less than Massachusetts (87.1%) and Rhode Island (85.1%). [ read more ]  

  • Much Ado About Traffic Safety  April 2022 (4M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    On the fifth day of spring 2020, Connecticut's roads became nearly deserted as the governor ordered that all but essential businesses and institutions stop in-person operations as a world-wide pandemic took hold. Despite near-universal compliance with the stay-at-home order, 301 people-the most since 2016-would die in motor vehicle crashes by year's end. The upward trend shown in the Crash Data Table continued through 2021 with traffic fatalities rising to 323. Connecticut's experience reflects the national trend in which motor-vehicle crashes killed 38,680 people in 2020. While traffic deaths across the US fell by 8% in the 2010's, pedestrian fatalities spiked by 42%. [ read more ]

  • Connecticut's Economy Rebounds in 2022  March 2022 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Though not completely recovered, Connecticut employment turned around last year following the severely COVID-19 pandemic-impacted 2020. The revised annual average total nonfarm employment rose 2.7% to a level of 1,613,000. Correspondingly, last year's unemployment rate dropped to 6.3% from 7.8% in 2020. Overall, 2021 economy recovered to a similar strength of 2018, as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2021 Connecticut regained 42,300 jobs (2.7%), after having lost 125,400 jobs, or -7.4% in 2020. Meanwhile in the nation employment rose 2.8% in 2021, after having shed 5.8% in 2020.

    As shown in Chart 1, most of Connecticut's industry sectors partially bounced back last year. In fact, seven of eleven major industry sectors have added jobs back over the year. The biggest recovery occurred in leisure and hospitality (14.1%), construction (4.6%), and trade, transportation and utilities (4.4%). Leisure and hospitality was also the biggest job gainer (16,500), followed by trade, transportation, and utilities (12,100). On the other hand, manufacturing (-0.3%) and government (-0.3%) lost jobs over the year. The biggest job loss was in financial activities (-2,500, -2.1%).  [ read more ]  

  • Connecticut's Work-Related Fatalities Third Lowest in Nation.  February 2022 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 29 lives to work injuries in 2020, for a rate of 1.8 deaths per 100,000 full-time equivalent workers. While this is an increase from 2019's 26 deaths, it is below Connecticut's annual average of 38 work-related deaths. Only two other states – Delaware and Rhode Island – recorded rates lower than Connecticut's

    The nation lost 4,764 lives to workplace injuries in 2020, a decrease from 2019's 5,333 deaths. This is the lowest annual number since 2013. The fatal injury rate dropped from 3.5 per 100,000 full-time equivalent workers in 2019 to 3.4 in 2020. The highest loss was seen in Texas with 469 deaths, followed by California with 463 deaths and Florida with 275 deaths. High rates were recorded in Wyoming (13.0) and Alaska (10.7). Rhode Island had 5 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,008, followed by transportation and warehousing with 805 deaths. Together, these two industries account for 38 percent of deaths.

    With 9 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 31.0 percent of 2020's deaths. Transportation and warehousing came in second with 7 deaths, accounting for 24.1 percent of total deaths. With an overall rate of 1.8, Connecticut saw a rate of 8.3 in construction. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • LEHD: Data that Help Better Explain the Connecticut Labor Market.  December 2021 (4.7M) Pg.1-5
    By Patrick.Flaherty, Director of Research and Matthew Krzyzek, Economist, Department of Labor

    Connecticut has now regained 73% of the jobs lost during the COVID-19 shutdown and the unemployment rate has fallen to 6.4% as of October 2021. These numbers give a "snapshot" of economic conditions based on the Current Employment Statistics (CES) and Local Area Unemployment Statistics (LAUS), two surveys that provide a timely picture of Connecticut's labor market conditions.

    While not as timely, more detail regarding the workings of the labor market is available through the Longitudinal Employer-Household Dynamics (LEHD) data published by the U.S. Census Bureau. This data is possible due to the Local Employment Dynamics (LED) partnership between the Census Bureau and state workforce agencies including the Connecticut Department of Labor. [ read more ]

  • All of Connecticut Town Economic Indexes Fell in 2020 Due to the COVID-19 Pandemic.  September 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy shrank last year because of the COVID-19 pandemic, as all of 169 municipalities' fell in 2020. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2020 data.xlsx

  • Much Ado About Parking  July 2021 (1.5M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With more parking space than public parkland in its downtown, Hartford's planners are considering the role parking plays in city life. The 435.2 acres of parking in downtown's two square miles would cover the University of Hartford campus, Bushnell Park, and the entire river-front park system in Hartford and East Hartford combined. Comparable cities such as Cambridge, MA and Arlington, VA dedicate 80% less land to parking than our capital city. This article looks at the challenges excess parking brings to Hartford; the ambitious measure taken by the city to integrate parking with development to attract new residents; and a new downtown development that applies design principles prioritizing vibrant street life over storing cars.

    From 1960 to 2000, Hartford's parking-to-building-area ratio more than doubled because of its desire to emulate suburbs' easy access to parking. Map 1 shows the results of this trend. The city's 21st century development priorities are evolving from its pursuit of Class A office space1 to adding housing that would transform downtown from a briefcase town to a vibrant and diverse 24-hour community with active street life. Since 2014, 881 apartments have been added downtown, with 477 more under construction, and 188 units in planning or design phases. [ read more ]

  • 2020 Unemployment Rate by Town.  June 2021 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2020, the annual average statewide unemployment rate was 7.9%, up from 3.6% in 2019. Due to the COVID-19 pandemic, all 169 municipalities experienced an increase in their unemployment rate last year.

    2019 to 2020
    The unemployment rate in all 169 cities and towns in the state rose in 2020. Sharon had the lowest unemployment rate of 4.4%, while the residents of Norwich experienced the highest rate of 14.0% last year (see table on page 3 for the complete town data). Overall, a total of 127 cities and towns had jobless rates below the 2020 statewide figure of 7.9%, 40 had rates above it, and 2 had rates equal to it. By comparison, 126 cities and towns had rates below the 2019 statewide average of 3.6%, 31 above it, and 12 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 8.1% in 2020. Hartford posted the highest jobless rate among the large cities at 13.3%. All five cities experienced over-the-year unemployment rate increases. [ read more ]

  • Short-Term Employment Projections Through 2022.  May 2021 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past year is certainly one that won't be forgotten. The economy fell from record highs to record lows over the course of two months. From February to April 2020, the US and Connecticut economies fell respectively by 14.7 and 17.2 percent. In the year since, both have recovered just over 58% of the jobs lost from the February US employment peak to the April employment trough. When compared to other states, Connecticut's employment recovery rate (April 2020 to Feb. 2021) has been larger than the adjacent states of New York and Massachusetts but lower than Rhode Island's.

    Connecticut Short-Term Projections
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projection by industry and occupation. The current projections are for the period from the second quarter of 2020 to the second quarter of 2022. This base quarter coincides with the April 2020 employment trough and illustrates where we project employment to be two years after the start of the pandemic. Through 2022Q2, we project overall employment in Connecticut to increase by 13.5% from 1,541,793 to 1,750,039, as is shown in the industry table. This projected growth suggests that the state will rebound through 2022Q2 and recover most of the employment lost during the pandemic. [ read more ]  

  • A look at Connecticut's Bioscience Industry Employment  April 2021 (4M) pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The events of the past year have highlighted the importance of Bioscience. The immediate need for pandemic mitigation resulted in a global mobilization that rapidly produced vaccines and increased medical equipment production. Bioscience Doesn't fall within a specific North American Industrial Classification System (NAICS) industry code and contains a broad cross-section of service industries and goods producing industries such as pharmaceutical, chemical, and medical device manufacturing.1 In February 2012, the Connecticut Economic Digest published an article on Bioscience which overviewed key industries that make up that sector in the state.2 The table below uses the bioscience industry cluster defined in that article and shows that in 2019 (the last year of annual data), the state had over a thousand Bioscience establishments that employed over 23,000 workers. This industry definition Doesn't account for the total impact of Bioscience on overall employment given spillover effects on other sectors such as Education and Health Care, and it Doesn't account for the total labor supply of available workers given that many employed in other forms of manufacturing or research & development have compatible occupational skills that would be relevant to an employer looking to expand in the state.

    The pie chart illustrates that across all Bioscience industries, about half are in the service sector and half are in the goods producing sector. Among the 8 industries, the largest two industries, Research & Development in Sciences (32%) and Medical Equipment & Supplies Manufacturing (28%) account for about half of Bioscience employment in the state. [ read more ]

  • Connecticut's Economy Shrinks Due to the Pandemic in 2020  March 2021 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell sharply in Connecticut for the first time since 2010 and the overall economy shrank in 2020. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly in 2019, and drastically last year, due to the impact from the pandemic. Correspondingly, last year's unemployment rate rose significantly, while after having increased in the last six years, real personal income fell markedly. Not surprisingly the value of annual diffusion index of 58 state economic indicators dropped dramatically as well in 2020.

    As in past years, this article focuses on the annual average. However, 2020 was unusual for many reasons. There were sharp job declines concentrated in a few months in the first half of the year followed by several months of strong growth - although not strong enough to fully overcome the large job losses caused by the pandemic. [ read more ]  

  • Connecticut's 2019 Work-Related Fatalities Lowest On Record.  February 2021 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 26 lives to work injuries in 2019, for a rate of 1.4 deaths per 100,000 full-time equivalent workers. This is the lowest recorded number of deaths since the census began in 1992. A decrease from 2018's 48 deaths, it is below Connecticut's annual average of 39 work-related deaths (Chart 1). Connecticut's rate of 1.4 is the lowest recorded by any state for 2019.

    The nation lost 5,333 lives to workplace injuries in 2019, an increase from 2018's 5,250 deaths. However, the fatal injury rate remained unchanged from 2018 - 3.5 per 100,000 full-time equivalent workers. Twenty-eight states had more fatal injuries in 2019 than 2018, while 21 states had fewer. The highest loss was seen in Texas with 608 deaths, followed by California with 451 deaths and Florida with 306 deaths. High rates were recorded in Alaska (14.1) and Wyoming (12.0). The District of Columbia, Rhode Island, and Vermont each had 10 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,061, followed by transportation and warehousing with 913 deaths. Together, these two industries account for 37 percent of deaths.

    With 8 deaths, the transportation and warehousing industry had the highest number of deaths in Connecticut, accounting for 30.8 percent of 2019's deaths. Construction came in second with 6 deaths, accounting for 23.1 percent of total deaths. With an overall rate of 1.4, Connecticut saw a rate of 10.9 in transportation and utilities and 4.7 in construction. Rates for other industry sectors did not meet publishing criteria. The government sector recorded 2 deaths.  [ read more ]

  • A look at the Changing Demographic Composition of Connecticut Employment: 1999-2019  September 2020 (368K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Newly released data through 2019 illustrates changes in the demographic composition of employment in the years leading up to the 2019 business cycle peak. During the past year the economy went from one extreme to the other. In a matter of weeks, the pandemic paused many sectors of the economy and required populations globally to change behavior and adapt to minimize its impact on public health. Unemployment went from a historic low to a historic high, unemployment claims reached record levels, and the US economy went swiftly into a recession by the first quarter of this year. A look at the demographic trends before the pandemic can give insight into what we can expect in a post-pandemic economy.

    Long Term Trends: 1999-2019
    The racial and ethnic composition of Connecticut employment has made some notable shifts over the past two decades. The U.S. Census Bureau's Quarterly Workforce Indicators (QWI) dataset allows for a detailed view of the composition of employment in the state. The Connecticut Economic Digest has previously featured this dataset in May and December of 2019 in articles that looked at age cohort changes by industry and a detailed look at demographic breakdown of overall employment by firm size.

    Those articles showed that the share of the Connecticut workforce over age 54 has doubled over twenty years with pronounced increases in major sectors such as Manufacturing and Healthcare & Social Assistance. The December 2019 article illustrated how cyclical employment changes and the demographic composition of employment vary by firm size. [ read more ]  

  • What Commuter Rail Brings to Central Connecticut  July 2020 (444K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Generational change for commuters arrived on June 18, 2018 as the Hartford Line passenger railroad, also known as CT Rail, began daily service between New Haven and Springfield, MA. Official rollout of the service began after a preview weekend so popular that trains had to intermittently stop taking passengers. The $768 million project came to life through a partnership among the Connecticut and Massachusetts state transportation departments, Amtrak, and several federal agencies. This article offers a brief look at CT Rail's vision and origin, its ridership, and development plans in various stages of completion since CT Rail's inception two summers ago. [ read more ]

  • Signs of Hope Despite Unprecedented Declines.  June 2020 (493K) Pg.1 & 5
    By Matthew Krzyzek, Economist, Department of Labor

    The global impact of COVID-19 has resulted in an unprecedented pause to economies all over the world. In April, U.S. payroll employment fell by 20.5 million jobs with declines reported in all 50 states. Connecticut lost a historic 266,300 net jobs, a -15.9% decline in just one month.

    As of early May 2020, approximately 300,000 Connecticut workers were receiving benefits. Compared to the 2009-2010 recession, 2020 claimants are more likely to be female, are younger on average, and are more likely to have worked in Accommodation & Food Service, Retail Trade, or Health Care & Social Assistance. The 2009-2010 recession saw the largest number of claims in manufacturing and construction. Workers in these industries are, on average, older and more likely to be male than workers in the economy as a whole. [ read more ]  

  • 2019 Unemployment Rate by Town.  June 2020 (493K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2019, the annual average statewide unemployment rate was 3.7%, down from 4.1% in 2018. For the ninth year, most municipalities experienced a decline in their unemployment rate, although a little fewer than fell in 2018.

    2018 to 2019
    Of 169 cities and towns in the state, the unemployment rate fell in 162, rose in 5, while 2 were unchanged in 2019. On the other hand, 164 were down, 1 was up, and 4 remained the same in 2018. Roxbury had the lowest unemployment rate of 2.1%, while the residents of Hartford experienced the highest rate of 6.6% last year (see table on page 3 for the complete town data). Overall, a total of 124 cities and towns had jobless rates below the 2019 statewide figure of 3.7%, 35 had rates above it, and 10 had rates equal to it. By comparison, 128 cities and towns had rates below the 2018 statewide average of 4.1%, 35 above it, and 6 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.3% in 2019. Hartford posted the highest jobless rate among the large cities at 6.6%. All five cities experienced over-the-year unemployment rate decreases. The map on page 4 also shows the unemployment rates for each town in 2019. [ read more ]  

  • Connecticut Projected to Add Fewer Jobs Through 2021.  May 2020 (367K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    The whole world has changed in the few short weeks since we completed the latest short term projections in February 2020. At the time, the U.S. unemployment rate was lower than it had been at any time since the late 1960s and Connecticut jobs were growing. Since then the COVID-19 health crisis and the related shutdown of nonessential businesses caused a drastic shift in the employment outlook. Many leading analysts1 have declared that there is a 100% chance that the U.S. economy has entered a recession. One indicator of change is claims for unemployment insurance. As of April 11, 16 million American workers were collecting unemployment insurance with another 4 million filing claims the following week.

    Connecticut's economy has also been affected by the health crisis and the shutdowns and has seen a large increase in unemployment claims and will clearly suffer a recession along with the nation. What we don't know (what no one knows) is how long it will last. Therefore, we are presenting below our previously-completed short term projections for employment in the 2nd quarter of 2021. This represents a "best case" scenario - that while severe, the recession will be short and the national and Connecticut economies will bounce back early next year so that by next summer we'll be back on track. We will then discuss the risks to this outlook which are, unfortunately, all on the downside.

    Connecticut Employment Projections 2019-2021
    In February 2020, the Connecticut Department of Labor's Office of Research projected that Connecticut's overall employment increase by 0.4% from 2019Q2 to 2021Q2. Employment was projected to increase in Connecticut from 1,815,649 to 1,822,595 with Health Care, Transportation & Warehousing, and Social Assistance adding the most jobs.

    The projected two year employment growth of 6,950 jobs is comparable to many northeast states. Almost every other New England state had projected growth of 1.5% or less. Massachusetts' 2.3% projected two-year growth differentiates it from the rest of the region and is driven in large part by its Boston metropolitan area. Additionally, neighboring New York projected 2.0% growth through 2021. [ read more ]  

  • Disability and Employment  April 2020 (342K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    As the private-sector labor market has recovered more jobs than it lost in the 2008-2010 recession, people with disabilities, who comprise five percent of the state workforce, continue integrating with the labor market. This article takes a brief look at the economic geography of people with disabilities showing where they live, the economic sectors in which they work, and how their earnings compare with those of their non-disabled peers. Programs and services that provide opportunities for people with disabilities to attach to the labor force and retain employment are briefly discussed as well.

    Population and Geography
    The US Census Bureau's American Community Survey (ACS) 2017 five-year average statistics show that 3.43% of working people with disabilities have one or more disabilities. This includes 0.71% of the employed work force with a vision impairment or legal blindness. About 86% of people with disabilities have a physical impairment including hearing loss or an ambulatory disability. People with one or more disabilities have self-care difficulties (6.5% of disabled workers), independent living difficulty (16.7%), or cognitive difficulty (33.1%). [ read more ]

  • Connecticut's Overall Economy Sends Mixed Signals in 2020.  March 2020 (412K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell in Connecticut for the first time since 2010 and the overall economy weakened in 2019. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly last year, although the unemployment rate continued to fall since 2011. While real personal income continued to increase for the last six years, the value of the annual diffusion index of 58 state economic indicators dropped to the lowest level since 2010, indicating a slowing but still positive level of growth.

    Nonfarm Employment
    After our latest annual revision (based on annual average, not seasonally adjusted data), in 2019 Connecticut actually lost employment for the first time since 2010 (-3,300 jobs, -0.2%). In 2018, 2,600 jobs were created (+0.2%). By contrast, employment grew much faster in the nation (1.6% in 2018 and 1.4% in 2019). Employment growth appears to be slowing nationally and in our neighbor states partially due to very low unemployment rates.

    The past three years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2020 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout most of the 120-month employment recovery period to date. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. Slowing growth rates should be expected this long into a recovery. [ read more ]  

  • Connecticut's 2018 Work-Related Fatalities - Above Annual Average.  February 2020 (342K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 48 lives to work injuries in 2018, for a rate of 2.8 deaths per 100,000 full-time equivalent workers. An increase from 2017's count of 35, it is higher than Connecticut's annual average of 39 work-related deaths.

    The nation lost 5,250 lives to workplace injuries in 2018, an increase from 2017's 5,147 deaths. However, the fatal injury rate remained unchanged from 2017 - 3.5 per 100,000 full-time equivalent workers. The highest loss was seen in Texas with 488 deaths, followed by California with 422 deaths and Florida with 332 deaths. High rates were recorded in Wyoming (11.5) and Alaska (9.9). Delaware recorded both the lowest loss and the lowest rate with 7 deaths and a rate of 1.6.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,008, followed by transportation and warehousing with 874 deaths. The highest rate by industry was seen in truck transportation, with 28.3 deaths per 100,000 full time equivalent workers.

    With 13 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 27.1 percent of 2018's deaths. Administration and support and waste management and remediation services came in second with 12 deaths, accounting for 25.0 percent of total deaths. With an overall rate of 2.8, Connecticut saw a rate of 10.9 in construction, 10.2 in transportation and utilities, and 5.4 in professional and business services. Rates for other industry sectors did not meet publishing criteria. The government sector recorded 2 deaths. [ read more ]  

  • Examining the composition of Connecticut's employment by demographics and firm size.  December 2019 (372K) Pg.1-5
    By Matthew Krzyzek, Economist, Office of Research Department of Labor

    Connecticut employment has been growing since the end of the great recession nearly a decade ago. In recent years, industries such as manufacturing, health care, and warehousing have driven overall growth. In addition, there have been other important trends in Connecticut's labor market. For example, in the ten year period from 2007 to 2017, employment at private firms in Connecticut has gotten older, less male, and less white. At the same time, the share with a Bachelor's degree or more has fallen. Employment in firms with 500 or more employees has increased while employment at smaller firms has fallen.

    DEMOGRAPHICS OF EMPLOYMENT CHANGE
    Private sector job growth was quite modest from 2007 to 2017, a period that spanned the great recession. However, the number of workers aged 55 and over increased 37% in that ten year period. The portion aged 55 and over increased from less than 20% to more than 25% of all workers. The number of workers aged 25 to 54 declined as the last of the baby boom aged into the 55 and over group while the number under age 25 declined due to lower birthrates in recent decades and a drop in labor force participation for those aged 16 to 18.

    Looking at other demographic factors, in each of the past two decades, the number of males employed has decreased slightly while the number of females increased a bit. By 2017 the number of females employed slightly outnumbered the number of males employed in private sector payroll jobs. At the same time, the number of white and not Hispanic or Latino workers has declined while all other groups have seen increases with Black or African-American employment up 18% and employment of Hispanic or Latino workers up 28% in the ten years from 2007 to 2017. [ read more ] 

  • A Look at the Age Composition of Connecticut's Industries  July 2019 (392K) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The May 2019 Connecticut Economic Digest outlined top-line trends in Connecticut population, labor force participation, and employment to population ratios. As noted, overall labor force participation and employment to population ratios are up since the lows of 8 to 10 years ago. During this period, the median age in Connecticut increased to 40.9 by 2017, the 6th highest in the country. As the age composition of the overall Connecticut population changes, so Does the labor force. All industries are affected by population changes but some are facing particular challenges as a larger proportion of the workforce is nearing retirement age. [ read more ] 

  • The Higher Education / Workforce Report.  July 2019 (355K) Pg.4-5
    By Patrick.Flaherty, Director of Research, Department of Labor

    Most graduates of Connecticut's public colleges and universities work in Connecticut. Graduates from the wide range of programs are working in nearly every industry in our state. Shortly after leaving college, many graduates are employed in retail and food service. However, as time passes they are more likely to move to other industries such as manufacturing and health care. Average wages rise significantly in the years following graduation. [ read more ] 

  • The Growing Brewery Industry Employment Trend in Connecticut.  June 2019 (602K) Pg.1-5
    By Lincoln S. Dyer, Associate Economist, Department of Labor

    The craft beer industry, consisting of microbreweries, brewpubs, regional craft breweries, and contract brewing companies, has really established its calling in America over the last ten years. Overall total brewery employment in the U.S. (NAICS* code 31212), which also includes the large brand-name breweries, has grown from under 25,000 in the first quarter of 2010 to 81,180 in September 2019. This exciting brewery job growth is clearly being led by the craft beer industry portion. In Connecticut, with no large commercial breweries and mainly consisting of the craft beer industry segment, employment has grown from less than 15 in the first quarter of 2010 to close to 800 in December 2019 (780 jobs from 63 establishments). Notice the hockey stick or boomerang-like job growth since coming out the Great Financial Crisis shown in the chart. [ read more ] 

  • 2018 Unemployment Rate by Town.  June 2019 (602K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2018, the annual average statewide unemployment rate was 4.1%, down from 4.7% in 2017. For the eighth year, most municipalities experienced a decline in their unemployment rate, even more than fell in 2017.

    2017 to 2018
    Of 169 cities and towns in the state, the unemployment rate fell in 165, rose in 1, while 3 were unchanged in 2018. On the other hand, 152 were down, 11 were up, and 6 remained the same in 2017. Washington had the lowest unemployment rate of 2.4%, while the residents of Hartford experienced the highest rate of 7.0% last year (see table on page 3 for the complete town data). Overall, a total of 130 cities and towns had jobless rates below the 2018 statewide figure of 4.1%, 33 had rates above it, and six had rates equal to it. By comparison, 122 cities and towns had rates below the 2017 statewide average of 4.7%, 37 above it, and 10 were the same. [ read more ] 

  • Connecticut Projected to Add Jobs Through 2020.  May 2019 (348K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut has many strengths, including its highly-educated workforce, growth of high-paying fields such as manufacturing, a high concentration of world-class universities, and its comparative affordability to highcost major metropolitan areas in neighboring states. However, job growth has been slower than the nation as a whole, and slower than in our neighbor states.

    Connecticut is projected to continue to add jobs over the next two years with many of the trends observed over the past two years continuing through 2020. Connecticut's overall economy improved in 2018 (see the March 2019 Digest) with the eighth consecutive year of employment growth. Even though the past two years had the slowest growth since the end of the recession, Connecticut's unemployment rate fell to its lowest level since 2002, while the employment to population ratio hit a ten year high with the labor force participation rate at its highest level in eight years.

    The unemployment rate is low despite slow job growth because our working-age population has also increased at a slower pace - up 5.2% over ten years compared to a 9.9% increase nationally. To put it simply, our slower population growth is resulting in slower employment growth. [ read more ] 

  • Connecticut's Overall Economy Improves in 2018.  March 2019 (391K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Although employment growth slowed in Connecticut, the overall economy did pick up in 2018. The revised total nonfarm employment increased for the eighth consecutive year, while the unemployment rate has been falling since 2011. Moreover, real personal income has increased for the last five years, and the value of annual diffusion index of 57 state economic indicators rose higher than in 2016 and 2017.

    Nonfarm Employment
    After our latest annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,600 jobs (+0.1%) in 2018, which was fewer than the 3,500 jobs (+0.2%) in 2017. By contrast, employment grew much faster in the nation (1.6% in 2017 and 1.7% in 2018).

    The past two years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2019 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout the most of its 107-month employment recovery so far through January 2019. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • Connecticut's 2017 Work-Related Fatalities - Below Annual Average.  February 2019 (338K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 35 lives to work injuries in 2017. An increase from 2016's count of 28, it is still below Connecticut's annual average of 39 work-related deaths. At 1.9 deaths per 100,000 full-time equivalent workers, Connecticut had one of the lowest state rates. New Hampshire, New Jersey, and Rhode Island, all with a rate of 1.6, were the only states with lower rates. While our lower number and rate is primarily due to low employment in high-risk industries, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,147 lives to workplace injuries in 2017. The fatal injury rate decreased to 3.5 per 100,000 full-time equivalent workers from 3.6 in 2016. The highest loss was seen in Texas with 534 deaths, followed by California with 376 and New York with 313 deaths. Rhode Island recorded the lowest loss with 8 deaths. High rates were recorded in Alaska (10.2) and North Dakota (10.1).

    Nationally, the construction industry recorded the highest number of deaths at 971, followed by transportation and warehousing with 882. The highest rate by industry was seen in truck transportation, with 28.0 deaths per 100,000 full time equivalent workers. [ read more ]

  • Are Gig Jobs Transforming the Labor Markets?  December 2018 (359K) Pg.1-3
    By Patrick.Flaherty, Director of Research, Department of Labor

    Many believe that the economy and particularly the labor markets are being transformed because of the ability to order everything from a ride to a home repair via a smartphone app. Headlines such as "The gig economy workforce will double in four years" and academic papers with titles such as "The Rise and Nature of Alternative Work Arrangements in the United States" have promoted this idea. Others have raised doubts. A recent New York Times story stated, "You can see the gig economy everywhere but in the statistics" while the Conference Board recently issued a report titled "Contrary to the Hype-Real Trends in Nontraditional Work" which stated "in 2017, the share of nontraditional workers was no different than it was 20 years ago." The data do not show a clear picture. [ read more ] 

  • Is a Job Shortage Becoming a Labor Shortage?  December 2018 (359K) Pg.4-5
    By Matthew Krzyzek, Economist, DOL

    The total count of job openings exceeded the total number of unemployed workers in the U.S. for the first time on record. As of September 2018 there were more than seven million job openings compared to six million unemployed. While there is no equivalent state level statistic for job openings, there is evidence that Connecticut is experiencing a similar trend with a falling unemployment rate and a large number of job postings. Further examination of the Job Openings and Labor Turnover Survey (JOLTS) coupled with additional data sources such as the jobs postings available from Help Wanted Online (HWOL) can contextualize the labor market and explain how the Connecticut economy is doing. [ read more ] 

  • Long Term Industry and Occupational Projections: 2016-2026.  September 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    Connecticut's employment is projected to increase by more than 110,000 jobs over the ten-year period ending in 2026. This 5.9% increase is a bit slower than the 7.4% projected for the U.S., but both state and national projections assume full employment in 2026. With the unemployment rate currently low, total job growth is limited by growth in the population/labor force. Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2016 to 2026. This process is replicated at the state level to produce projections that provide a detailed overview of the expected direction of labor markets in Connecticut.

    U.S. Labor Force
    The overall U.S. labor force is projected to increase by 10.5 million workers from 2016 to 2026 (a 0.6% annualized growth rate) with increases of 4.5 million men and nearly 6 million women. The labor force is projected to be older and more diverse. The number of white non-Hispanics in the labor force is projected to decline by 2.5 million, while the number of workers of Hispanic origin is projected to increase by over 8 million. The number of Black or African-American workers will be up by 1.9 million and the number of Asian workers up by 2.6 million. The number of workers aged 55 and over is projected to increase by 6.4 million, while those aged 25 to 54 will increase by 5.4 million. The number of workers under age 25 is expected to decrease by 1.3 million. [ read more ] 

  • What is Ailing Connecticut's Economy? Is it a City Problem? Is it a Sector Problem?  July 2018 (392K) Pg.3-4
    By Manisha Srivastava, Connecticut Office of Policy and Management

    Connecticut's economic recovery from the 2007-2010 recession has lagged not only the country but also the region. Table 1 compares Connecticut's job growth and gross state product growth (GSP - a measure of goods and services produced within a region, utilized as a broad measure of economic activity) to regional states and the nation. The nation recovered jobs lost as a result of the recession by May 2014, and has since experienced job growth of 12.5%. Connecticut's job growth since the recession at 4.6% is close to Maine (5.0%) and Vermont (5.4%), but is one of the few states yet to recover all jobs lost during the recession. On GSP, Connecticut is the only state to continue losing economic activity even since the end of the recession (-3.3%). In fact, in inflation-adjusted, or real GSP terms - Connecticut's economy is at the same level it was in 2004. This lackluster economic growth has resulted in anemic revenue growth in the state, leading to years of budgetary constraints. [ download article only ] 

  • 2017 Unemployment Rate by Town.  June 2018 (409K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2017, for the seventh year, most municipalities experienced a decline in their unemployment rate, but fewer dropped than in 2016.

    2016 to 2017
    Out of 169 cities and towns in the state, the rate fell in 152, rose in 9, and 8 were unchanged in 2017. On the other hand, 159 were down, 3 were up, and 7 remained the same in 2016. Canaan had the lowest unemployment rate of 2.8%, while the residents of Hartford experienced the highest rate of 8.1% last year. See table on page 3 for the complete town data. The annual average statewide unemployment rate in 2017 was 4.7%, down from 5.1% in 2016. Overall, a total of 126 cities and towns had jobless rates below the statewide figure of 4.7%, 37 had rates above it, and six had rates equal to it last year. By comparison, there were 124 cities and towns that had rates below the statewide average of 5.1%, 39 above it, and six the same. [ download article only ] 

  • Connecticut's Short-Term Employment Projections Through 2019.  May 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Current Situation
    Connecticut is off to a good start in 2018. As reported in the March Digest, Connecticut's economic recovery slowed in 2017, but the first quarter of 2018 has shown significant job gains. While data are preliminary and subject to significant revision, first quarter employment rose more than 8,700 jobs from the fourth quarter of 2017 and more than 7,200 from the first quarter of 2017. Private sector employment gained 9,400 from the fourth quarter with Health Care & Social Assistance up 2,500 (+3,800 from the first quarter of 2017), Accommodation and Food Services up 1,300 (+900 from the 2017 Q1) and Professional, Scientific, and Technical Services up over 1,000. Manufacturing was a bright spot in 2017 - the first quarter of 2018 was up 5,100 from the first quarter of 2017 with most of the gains in Durable Goods.

    In 2017, the average seasonally adjusted monthly jobs gain was just 400 jobs per month compared to 1,500 jobs per month for the first three months of 2018. Though this pace of growth is not likely to continue - and is subject to revision - the Connecticut economy was showing positive momentum as we headed into spring. [ download article only ] 

  • Connecticut Economic Recovery Slows Down Further in 2017.  March 2018 (228K) Pg.1-5
    By Jungmin Charles Joo, Office of Research Department of Labor

    As predicted this time last year, Connecticut's economy did continue to improve in 2017, and at a slower pace than in 2016 (March 2017 article). For the seventh year in a row, the revised total nonfarm employment increased, while the unemployment rate fell. However, real personal income decreased for the last two years, and more economic indicators pointed in negative directions than in 2016.

    Nonfarm Employment
    After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,800 jobs (+0.1%) in 2017, which was fewer than the 4,800 jobs (+0.3%) in 2016. By contrast, employment grew much faster at 1.8% in 2016 and 1.6% in 2017 in the nation.

    Last year's Connecticut employment recovery was the slowest in the last seven years. In fact, the current 2010-2018's monthly job recovery rate has been trending downward from the beginning, averaging below 0.1 percent throughout the most of its 95-month employment recovery so far. In contrast, the 2003-2008 recovery period showed rising recovery rate, and during the 1993-2000 period, the monthly job growth rate had risen steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • Connecticut's Work-Related Fatalities in 2016.  February 2018 (331K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 28 lives to work injuries in 2016, decreasing from 2015's count of 44. This is the smallest loss since 2008. It is also below Connecticut's annual average of 39 work-related deaths. At 1.6 deaths per 100,000 fulltime equivalent workers, Connecticut had the lowest state rate, primarily due to lower employment in high-risk industries. However, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,190 lives to workplace injuries in 2016, the most since 2008. The fatal injury rate increased to 3.6 per 100,000 full-time equivalent workers from 3.4 in 2015. The biggest loss was seen in Texas with 545 work-related fatalities, followed by California with 376 and Florida with 309 deaths. Rhode Island recorded the fewest, with 9. High rates were recorded in Wyoming (12.3) and Alaska (10.6). Wyoming's highest rate was in the transportation and utilities industry, at 46.8. Alaska recorded a rate of 44.5 in manufacturing and 42.0 in transportation and utilities.

    Nationally, the construction industry recorded the biggest number of fatalities at 991, followed by transportation and warehousing with 825. The highest rate by industry was seen in truck transportation, with 25.6 deaths per 100,000 full time equivalent workers. [ download article only ] 

  • Life in the Slow Lane?  December 2017 (278K) Pg.1-5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The Connecticut State Data Center at the University of Connecticut recently released population projections for Connecticut and its towns through 2040. The projections suggest a slowing of population growth but do not show an exodus of young people from Connecticut. Declines in the younger population groups are driven by a low birth rate while migration out of state is concentrated in older age groups. Nevertheless, the number of senior citizens will increase while the school-aged population will decline. Growth will be uneven across cities and towns with some (particularly the largest cities) gaining significant population while others decline. Some of the smallest towns are projected to reverse part of the strong growth they have experienced in recent decades.

    Statewide Overview
    Connecticut's population increased by over 255,000 from 1970 to 1990 and added an additional 300,000 from 1990 to 2015, a 9.3% increase. Population growth is projected to grow just 1.7% in the 25 years from 2015 to 2040, less than 20% of the growth rate of the previous 25 years. Focusing on the most recent 15 year period and comparing it to the next shows a similar pattern. Population grew 5.5% from 2000 to 2015 but is projected to grow just 1.1% from 2015 to 2030. While these projections are not predictions of what will happen (unforeseen events such as changes in the economy could affect these projections), they are carefully calculated projections based on fertility rates, survival rates, domestic migration, international migration, and college migration. [ download article only ] 

  • Is Connecticut Losing Jobs to Other States?  November 2017 (353K) Pg.1-5
    By Andy Condon Ph.D., Director of Research, Department of Labor, Andrew.Condon@ct.gov

    Rightly or wrongly, Connecticut's job growth performance is often talked about in the context of "winning" or "losing" to other parts of the country. This article uses the location quotient measure to begin to address this issue by using national Quarterly Census of Employment and Wages (QCEW) data to measure relative job growth from and to Connecticut over time. According to the US Department of Labor's Bureau of Labor Statistics, location quotients are ratios that allow an area's distribution of employment by industry, ownership, and size class to be compared to a reference area's distribution. [ read more ] 

  • Robots in the Workplace: Threat or Asset?  July 2017 (337K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The latest breakthroughs in robotics and artificial intelligence have awakened fears that technological advances will lead to a large decrease in the overall level of employment and widespread unemployment. While there will be disruptions, and many occupations are at high risk of computerization over the next decade or two, the dynamic labor market continues to create opportunities for workers with the right skills and education. .  [ download article only ] 

  • Annual Unemployment Rate by Town, 2012-2016.  June 2017 (336K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    By looking at the unemployment rates, we can see that Connecticut has experienced six years of economic recovery. Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In the June 2016 Digest, 2011-2015 annual average town unemployment rate estimates were published. This year, revised 2012-2016 data are analyzed. [ download article only ] 

  • Short-Term Employment Projections Through 2018.  May 2017 (355K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The projections are based on a careful analysis of the Connecticut economy and labor market.

    Current Situation
    March of 2010 was the first month of payroll job growth after the great recession. Seven years later the Connecticut economy has regained 91,200 jobs or 77% of the 119,100 lost during the "great recession" as of March 2017. Overall employment growth has been dampened by the government sector which is down 14,000 jobs since February 2010. Private sector employment has fared significantly better having recovered 94% of the jobs lost during the downturn. [ download article only ] 

  • Connecticut Economic Recovery Continues in 2016.  March 2017 (346K) Pg.1-5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Although still yet to fully recover from the latest employment downturn, the Connecticut economy continued to improve in 2016, albeit at a slower pace. The total nonfarm employment increased for the sixth year. The unemployment rate fell for six consecutive years. Real personal income rose for the third year. Other economic indicators, however, were somewhat mixed.

    Nonfarm Employment
    After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 5,000 jobs (+0.3%) in 2016, which was fewer than the 12,600 jobs (+0.8%) in 2015. Last year's employment recovery was the slowest in the last six years. Nationally, employment grew faster at 2.1% in 2015 and 1.7% in 2016. On a monthly seasonally adjusted basis through January 2017, Connecticut has now recovered 70% (+83,600) of the total nonfarm jobs lost during the March 2008-February 2010 employment recession (-119,100), while the total private sector regained 92% of its job loss. By contrast, the nation has not only fully regained all of the jobs lost during its January 2008-February 2010 employment downturn, but has also added 82% more jobs by January his year.. [ download article only ] 

  • Connecticut's Work-Related Fatalities in 2015.  February 2017 (334K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 44 lives to work injuries in 2015. With an increase from 2014's revised count of 35, this is the biggest loss since 2010. It is also above Connecticut's annual average of 39 work-related deaths. Nationally, a total of 4,836 fatal workplace injuries occurred in 2015. This was a slight increase from 2014's reported 4,821 deaths. However, the rate of fatalities per 100,000 full-time equivalent workers fell from 3.43 in 2014 to 3.38 in 2015. [ download article only ] 

  • The Crossroads of Millennials and Migration.  December 2016 (411K) Pg.1-5
    By Manisha Srivastava, Connecticut Office of Policy and Management

    The nation is closely watching the actions of millennials - what do millennials like, what are their work preferences, where do millennials want to live? And there is good reason for this attention - millennials now make up the largest living generation. According to the Pew Research Center, millennials, whom they define as born between 1981 and 1997, recently surpassed baby boomers in 2015 as the largest living generation. As a result the preferences of millennials do have a sizable impact on the economy - and their choices have substantially deviated from those of prior generations. But as millennials age their preferences likely will return to historical norms, which could benefit Connecticut. Long-run domestic migration patterns show Connecticut has historically imported adults in their late twenties and thirties (and forties when international migration is included). As millennials start settling down and moving into larger homes, safe communities, and for good schools, hopefully Connecticut will stand out as a top destination. [ download article only ] 

  • Next Generation Economic Development.  November 2016 (319K) Pg.4
    By Al Sylvestre, Research Analyst, Department of Labor

    Connecticut is dependent on large employers for jobs and job growth. A significant proportion of private-sector employment is in companies with 500 or more employees. Early this year, based on the premise that Connecticut's economy would benefit from job growth among businesses of all sizes, the Capitol Region Council of Governments convened a panel of experts composed of business and government leaders to generate ideas for nurturing small to medium-size businesses in economic sectors that show promise for bringing more wellpaying jobs to Connecticut. The successful firms described below show that Connecticut has the potential to experience growth in diverse industries. [ download article only ] 

  • Seasonally Adjusted Unemployment Rates by Labor Market Area, 1990-July 2016.  October 2016 (404K) Pg.4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    In addition to not seasonally adjusted unemployment rate estimates, the Bureau of Labor Statistics (BLS) also produces monthly seasonally adjusted data by major labor market areas (LMAs) for Connecticut, going back to 1990. Because of the one-month lag, these estimates are not published in the Labor Situation or the Connecticut Economic Digest, but they are available upon request. This article looks at the long-term monthly trends of seasonally adjusted unemployment rates of all the LMAs. The Connecticut Department of Labor's Office of Research separately produced seasonally adjusted estimates for small areas (Enfield, Torrington-Northwest, and Danielson-Northeast) so that all areas in the state can be compared and analyzed. Note that because of the recent geographical changes, these small non-BLS LMAs can be seasonally adjusted only back to 2010. [ download article only ] 

  • Long Term Industry and Occupational Projections: 2014-2024.  September 2016 (354K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL, Matthew.Krzyzek@ct.gov and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    NATIONAL PROJECTIONS ~ Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2014 to 2024.

    Labor Force ~ The U.S. labor force is projected to increase by 9.8 million workers from 2014 to 2024 (a 0.6% annualized growth rate) with the 2024 labor force projected to be older and more diverse. The number of workers aged 55 and older is expected to increase by more than 6.7 million (+19.8%) while the number aged 16 to 24 is projected to decrease by 2.8 million (-13.1%) with the largest labor force cohort - those aged 25 to 54 (also known as prime-age workers) up just 3.9 million (+3.9%). As a percent of the labor force, the 16-24 cohort will fall 2.1 percentage points to 14.1% in 2024; increased postsecondary enrollment is a primary cause of this share decrease. [ download article only ] 

  • Business Formation in Connecticut: 2000-2015.  August 2016 (328K) Pg.4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Secretary of the State's office maintains records of all business entities in the state. From these records, an aggregation of business type and location has produced interesting data on business formation change in Connecticut over time. This information is available publicly from 1980 to 2015 by business entity type and geographically down to town levels. This article examines business formation change from 2000-2015 and shows how recent cyclical factors have impacted business development in the state. [ download article only ]  

  • Introducing the Job-to-Job Flows Data.  July 2016 (365K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    This article introduces a new set of statistics about the dynamic nature of the labor market - the Job-to-Job Flows. These statistics provide information on workers who leave or lose one job and take another with little or no unemployment in between. For example, when a worker quits one job to take a better job at a different company, this will be counted as a job-to-job flow. While the data is still considered "Beta" and will be enhanced and improved in future years, the recently released numbers help us understand job changes in Connecticut.  [ download article only ] 

  • Labor Force Participation Rate and Employment-Population Ratio, 1976-2016.  June 2016 (402K) Pg.1-2 & 5
    By Jungmin Charles Joo Department of Labor

    The Connecticut Economic Digest now publishes the monthly labor force participation rate and employment-population ratio, which are found under the "Unemployment" table on page 6. These two data, produced by the Bureau of Labor Statistics (BLS), provide additional perspectives to the unemployment rate data in assessing the current economic condition. This article also looks at their entire historical trends. [ download article only ] 

  • Annual Town Unemployment Rates, 2011-2015.  June 2016 (402K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In July 2015 Digest, 2010-2014 annual average town unemployment rate estimates were published. This year, revised 2011-2015 data are analyzed. [ download article only ] 

  • Connecticut's Short-Term Employment Outlook to 2017.  May 2016 (347K) Pg.1-5
    By Sarah Pilipaitis, Economist, Department of Labor

    Connecticut is now into its sixth year of recovery from the recession that took its toll on the state from 2008 to 2010. Over the recession, Connecticut lost over 5% of its nonfarm employment, roughly 91,100 jobs based on annual averages. The annual average nonfarm employment reached its peak in 2008 at 1,699,100 jobs. By the time it reached the trough in 2010, the state's employment had fallen to 1,608,000 jobs. The largest losses came from the construction, manufacturing, trade, transportation and utilities, and the professional and business services sectors. Those four sectors alone accounted for 80% of the lost jobs. The lone sector that was able to create jobs during the recession was education and health services, expanding by about 10,000 jobs from the peak to trough years. [ download article only ] 

  • Employment Grew for the Fifth Year.  March 2016 (322K) Pg.1-5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Although not yet completely recovered from the latest employment recession, 2015 was a year of continued moderate economic growth for Connecticut. For the fifth year in a row, our State's total nonfarm employment grew. The unemployment rate fell for five straight years. Real personal income rose for the second year. The majority of the other economic indicators also showed that our overall economy performed well.

    Nonfarm Employment - After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 12,500 jobs (+0.75%) in 2015, which was slightly more than the 11,400 jobs (+0.69%) in 2014. Nationally, employment grew faster at 1.9% in 2014 and 2.1% in 2015. Connecticut has now recovered 73% (+86,700) of the total nonfarm jobs lost during the March 2008-February 2010 employment recession (-119,100), while the total private sector regained 86% of its job loss. By contrast, the nation has not only fully regained all of the jobs lost during its January 2008-February 2010 employment downturn, but has also added 56% more jobs by January of this year. [ download article only ] 

  • Economic Status of People with Disabilities.  February 2016 (321K) Pg.1-5
    By Al Sylvestre, Research Analyst, Department of Labor

    In the eight years since the recession that began in 2008, conditions in Connecticut's labor market continue to improve. As a segment of the working-age population age 16 years and older that constitutes 5% of the work force, among whom 44% are employed full time according to the US Census Bureau's most recent (2014) American Community Survey (ACS), people with disabilities are becoming increasingly visible in the labor market. What follows is a brief examination of this population's economic characteristics as well as some of the programs and services that provide access to opportunities for its members to attach to the labor force and retain employment in response to changes in disability status.. [ download article only ] 

  • Connecticut's Work-Related Fatalities, 1992-2014.  December 2015 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Throughout our history, the American worker has labored not only to erect buildings and cities, but also to raise the standards of our Nation's workplaces. Through protests and picket lines, by organizing and raising their voices together, workers have won small and large victories that have pushed our country closer to ensuring safer and healthier jobs for all.

    Across the United States, as dedicated Americans clock in at factories, walk onto construction sites, put on their hospital uniforms, and report to do the daily work that drives our Nation's progress, they give meaning to the simple yet profound belief that if you work hard and take responsibility, you can get ahead. However, each year millions of people have their shifts cut short by work-related injuries and illnesses, and on average, 12 Americans lose their lives on the job every day." - President Barack Obama

    In 2014, America lost 4,679 people to work-related deaths. Thirty-three of those deaths were in Connecticut. Connecticut's "low" number is primarily due to low employment in high-risk industries. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One work-related death is one too many. [ download article only ] 

  • Construction Occupational Employment Trend, 2005-2013. August 2015 (345K) Pg.4.
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The bursting of the housing bubble hit certain areas of the economy harder than others. Though Connecticut was not an epicenter of the housing bubble and bust, its impact can be seen when examining construction occupational employment. This article uses data from the Census Bureau's American Community Survey (ACS) as it provides estimates of labor market variables not captured in other datasets, including unemployment by occupation and prior occupation of those not in the labor force. From this we can get a generalized idea of how construction occupations in Connecticut have fared during the recession and recovery.[ download article only ] 

  • Annual Town Unemployment Rates, 2010-2014.  July 2015 (338K) Pg.3-4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Unemployment rate data are from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics. Recently LAUS underwent a major revision back to 2010. [ download article only ] 

  • Examining Education, Incomes, and the "Skills Gap".  June 2015 (280K) Pg.1-3, 5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    While the unemployment rate has dropped sharply over the past few years, it remains higher than it was before the "great recession" began. On the other hand, the number and rate of job openings are higher than their prerecession levels. In March, there were five million job openings nationally despite an unemployment rate of 5.4%, a percentage point higher than prevailed in 2006 and 2007. Despite the pool of unemployed job-seekers, some business groups report that their members are having difficulty hiring employees with the skills and experience they are seeking. This has led some to conclude that there is a gap between the skills available in the labor force and the needs of employers. [ download article only ] 

  • A Review of 2004-2014 Employment Projections.  June 2015 (280K) Pg.4
    By Michael Fitzgerald, Research Analyst, Department of Labor Michael.Fitzgerald@ct.gov

    It will be years-not in my time-before a woman will become Prime Minister." That's a quote made by Margaret Thatcher in 1969, ten years before she took over as Prime Minister of the United Kingdom in 1979. In other words, projections-especially 10 years ahead of time-are difficult. Every two years, the Office of Research at the Connecticut Department of Labor creates 10-year employment projections for the state. Now that employment statistics for 2014 have been released, we are going to take a look at the 2004-2014 projections and see how well the projections fared. Statewide numbers for the Major Standard Occupational Classification (SOC) groupings and Occupation Employment Statistics data from 2014 will be what is focused on. There are a couple of things to bear in mind when looking at the original projections. [ download article only ] 

  • The Economic Impact of Tourism in Connecticut. May 2015 (367K) Pg.1-5
    Tourism Economics - Connecticut Department of Economic and Community Development

    Tourism is an important economic engine in Connecticut, and all business sectors in the state economy benefit from tourism activity directly and/or indirectly. Visitors to Connecticut represent a significant economic benefit as they spend money in the local economy on items such as lodging, food and beverage, retail purchases, and recreation. Visitor spending has an even larger impact as it ripples through the statewide economy, generating revenues and jobs for businesses spanning a wide range of industries. Since the recession, Connecticut's tourism industry has created 5,000 new jobs. Visitors to Connecticut spent $8.3 billion in 2013, generating a total economic impact of $14.0 billion, supporting nearly 119,000 total jobs.[ download article only ] 

  • Occupational Employment and Wages: 2001-2013. April 2015 (360K) Pg.4.
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Occupational Employment Statistics (OEWS) estimates employer survey information into detailed wage data for 821 occupations that comprise 22 major categories. Extensive occupational earnings data make the survey useful to both employers and employees. This article utilizes data from 2001, 2004, 2007, 2010, and 2013 to account for the 3-year OEWS survey cycle. Data is examined mostly at 2-digit Standard Occupational Classification (SOC) level but also dives deeper into 6 digit levels to explain broader changes.[ download article only ] 

  • Connecticut's Work-Related Fatalities, 1992-2013.  December 2014 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    "No one should have to sacrifice their life for their livelihood, because a nation built on the dignity of work must provide safe working conditions for its people." -Secretary of Labor Thomas E. Perez In 2013, work injuries claimed the lives of 4,405 workers in America. Twenty-six of those deaths occurred in Connecticut.

    Since 1992, the U.S. Department of Labor's Bureau of Labor Statistics has conducted the annual Census of Fatal Occupational Injuries (CFOI) to document workplace fatalities. Connecticut averages 39 workrelated fatalities annually with a high of 57 in 1998. In 2013, Connecticut saw the lowest recorded number of 26 lost workers. This "low" number is not statistically notable and cannot be attributed to a specific cause. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One workrelated death is one too many. As Dr. David Michaels, the Assistant Secretary of Labor for Occupational Safety and Health, states, "Making a living shouldn't have to cost you your life. Workplace fatalities, injuries, and illnesses are preventable. Safe jobs happen because employers make the choice to fulfill their responsibilities and protect their workers." [ download article only ] 

  • Long Term Industry and Occupational Projections: 2012-2022.  September 2014 (410K) Pg.1-5
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Every two years the Connecticut Department of Labor produces and publishes ten year projections by industry and occupation. This year's projections cover the period 2012-2022, which invites a comparison to the previous ten year period. The 2002-2012 period spans the global financial and economic crisis that caused the worst national recession since the Great Depression. While employment started to increase after the first quarter of 2010, by 2012 employment in many industries was still below 2002 levels. Importantly, the industries that grew the most after the recovery started were not necessarily the same as those that lost the most during the recession, so the industry and occupational mix of the economy has changed. The long term projections help put these changes into perspective and peek over the horizon to see what the industry and occupational profile of the economy would look like if full employment could be achieved within the next decade. [ download article only ] 

  • 75 years of state monthly nonfarm employment statistics. July 2014  (411K) Pg.3-4
    By Lincoln S. Dyer, Economist, DOL Lincoln.Dyer@ct.gov

    In the beginning tate and national nonfarm industry employment statistics officially begin their time-series in 1939 just before the start of World War II. More expanded reports on state and national employment, however, were already being called for by the late 1800's because of rapid industrialization, and during the Great Depression for more national economic planning to emerge from that lasting downturn. By 1940, the U.S. Bureau of Labor Statistics (BLS) moved to consolidate much of the work already being performed by federal statistical agencies, cooperating state research bureaus, and statistical and industrial societies for war planning purposes before WWII and began producing a national nonagricultural employment series for all 48 states, just as the US was preparing for war. This may have facilitated the redirection and awareness of industrial planning during and after the second world war across the country especially as the GI's returned home looking for jobs - ready with pent-up demand. (Most of the state data development, firm sampling, and nonfarm employment estimation work were performed in each individual state from about 1947 until recently - 2011. States still are a big part of the process.) [ download article only ]  

  • Is It Just the Weather? Connecticut's Baseline Forecast Suggests Slower Growth in 2014 and 2015.  June 2014 (429K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    In April 2014, the U.S. economy added 288,000 jobs and the unemployment rate (UR) fell by 0.4 percentage points, to its lowest level in five years, and the numbers for February and March were revised upward. However, after increasing in March, 806,000 left the labor force in April, making a shrinking labor force the principal reason for the declining UR. And the first estimate of U.S. GDP for 2014Q12 showed that U.S. economic growth rapidly decelerated. Many have pointed to the harsh winter weather as the principal culprit, and expect that the April jobs report indicates that the U.S. economy will bounce back in the second quarter. But is it just the weather?  [ download article only ] 

  • Part-time Employment Trends: An Update.  May 2014 (447K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Economic Digest last tackled the topic of part-time employment in 1997. Therein it asked "are these newly created jobs mostly part-time (1 to 34 hours), with relatively low paying wages?" The tepid post-recession recovery we are currently experiencing has many people asking those same questions again. Fortunately, data availability has improved since the 1990s and this article will highlight state-level measures of earnings and hours worked to help answer those questions about the Connecticut economy. [ download article only ]  

  • A Look Back at Connecticut's (Exhausted) UI Claimants February 2014  (335K) Pg.1-5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    Over three and a half years since the end of the Great Recession, Connecticut's unemployment rate remains persistently high. Nationally, long term unemployment as a share of total unemployment at 37.3% is down from its 2010 peak of 45%, but still much higher than prerecession levels. Who are these long-term unemployed? How many have returned to the job market and with what success? This article attempts to shed light on these and other questions. [ download article only ]  

  • The Monthly Snapshot Is Not the Whole Picture.  October 2013 (344K) Pg.1-3 & 5
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Labor markets are more dynamic than revealed in the monthly tallies of changes in employment levels. Two additional sets of indicators - the Business Employment Dynamics (BED)1 and the Quarterly Workforce Indicators (QWI)2 help illuminate the workings of the economy and labor market.

    Each month, the Department of Labor reports a snapshot of current employment which can be compared to the level of employment in a previous period, for example the previous year or the previous month. As the table at the top of page 6 shows, in August Connecticut employment fell by 6,000 jobs from July but increased 15,400 from August 2012. [ download article only ] 

  • Connecticut Migration Patterns.  August 2013 (418K) 4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Examining interstate migration patterns provides an interesting view of where new Nutmeggers are coming from and where former Connecticut residents are going. Table 1 shows the ten largest sources of Connecticut inflow migration. The bordering states of New York and Massachusetts had the largest combined share of total inflow to the state at 39 percent of total inflows. Together with the third largest inflow state of Florida, those three states totaled 45 percent of flows into Connecticut. These three states since 2005 have consistently comprised the top three inflow origins to Connecticut. Overall inflow to the state in 2011 was 73,607 new residents. From 2005 through 2011 inflow peaked in 2006 at 88,518 new residents. [ download article only ]  

  • Job Polarization in Connecticut.  December 2012 (185K) Pg.1,2 & 5
    By Matthew Krzyzek, CCT Economist, DOL, Matthew.Krzyzek@ct.gov

    In recent months, much has been written of the hollowing out of the middle class during the recovery. A New York Times article partially attributes this to longterm trends of automation and globalization that cause a polarization of labor to high and low wage employment. The same article extensively reports on the findings by The National Employment Law Project (NELP). Their work analyzed nationwide Current Population Survey (CPS) data and found middle wage jobs incurred a majority of job losses during the recession, while lowwage jobs experienced a majority of post-recession job growth. The report also found the share of high wage job losses and subsequent gains to be 19 and 20 percent. [ download article only ]  

  • Youth Employment Patterns Revisited. September 2012  (198K) Pg.1-5
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Last summer, the Connecticut Economic Digest published an article on youth employment in Connecticut. It used wage and Department of Motor Vehicles records to illustrate employment change by industry from the second to third quarter of 2007 and 2010. The article noted that youth employment declined at nearly three times the rate of overall Connecticut employment. This summer, the Census Quarterly Workforce Indicators (QWI) dataset has been examined to provide a more detailed and longer-term analysis of labor market changes for youths in Connecticut. The analysis provides more detail as to how the recession has affected the state's youngest segment of the labor force and analyzes long-term trends that help indicate the direction we are heading a full 3 years into the NBER-declared recovery. [ download article only ]  

  • Is Connecticut a Small Business State? May 2012  (329K) Pg.1-5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    A widely held belief is small businesses create most of the new jobs. Given the recent recession and slow recovery, there is a lot of interest in job creation and policies to promote economic growth. Using a newly available data set from the U.S. Census, this article explores the notion of job creation by both firm age and firm size, and seeks to provide some clarity on the underlying dynamics of Connecticut's labor market.

    The Business Dynamics Statistics (BDS) produced by the U.S. Census Bureau is compiled using the Census Bureau's Business Register. The Business Register covers establishments of all domestic businesses including the self-employed, but excluding private households and governments. The BDS dataset tabulates data at the establishment level (an establishment is a fixed physical location where economic activity takes place). Establishments all belong to firms (a firm may be the parent of one establishment or multiple establishments). When analyzing BDS data for Connecticut it is important to note that though the establishments are all based within Connecticut, parent firms for Connecticut's establishments can be located anywhere in the nation. [ download article only ]  

  • Employment Patterns and Structural Unemployment April 2012  (419K) Pg.3-4
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The recent recession has raised the question of structural unemployment's contribution to the stubbornly high unemployment rates that have thus far typified the recovery period. Structural change-the permanent relocation of workers from some industries to others, is a dynamic process that occurs throughout business cycles [ download article only ]  

  • Connecticut's UI Exhaustees: Where Are They Now? * November 2011  (351K) Pg.1-3, 5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    The recession of the late 2000's is the worst to hit the United States since the depression of the 1930's. Nineteen months after the official completion of Connecticut's recession, the unemployment rate is still stubbornly stuck around 9%. Based on data from the Current Employment Survey (CES), it is estimated about 119,000 jobs were lost in Connecticut through December 2009. Connecticut gained 24,300 jobs from January 2010, the end of Connecticut's recession, to January 2011. However, from January 2011 to July 2011, only about 8,500 jobs have been created. At the current level of job growth, it will take many years to employ those laid off by the recession. [ download article only ]

    * This a partial reprint of "Following Connecticut's Unemployment Insurance Claimants Through the Recession," by Manisha Srivastava, DOL, October 2011. For the full report, including an analysis on the demographics of current claimants, download: https://www1.ctdol.state.ct.us/lmi/pubs/ConnecticutUIClaimants.pdf

  • Youth Employment in Connecticut. July 2011  (419K) Pg.3
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    For many, summer is a time for relaxation. The season is typified by sunny weather, family vacations, barbeques and trips to the beach. However, the season also represents a young workers initiation into the labor force. Be it work as a camp counselor, lifeguard, salesperson or waitress, those summer jobs teach youths valuable skills they will carry with them onto enhanced employment opportunities later in life. Unfortunately, for a growing number of American youths, these jobs are increasingly hard to find. [ download article only ]  

  • A New Approach to Analyzing the Gender Wage Gap. April 2011  (415K) Pg.1-3,&5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    "Equal Pay Day" takes place on a Tuesday in April (April 12th this year), symbolizing how far into the workweek women must work to earn what men earned the previous week. The gender wage gap is calculated by the Bureau of Labor and Statistics (BLS), and is based on data collected through surveys. This article takes a new approach to understanding the gender wage gap using wage records from Connecticut's Unemployment Insurance (UI) program. The gender wage gap is analyzed by age group and in further detail for select industries, with interesting implications for policy makers. [ download article only ] 

  • The Face of the Long-Term Unemployed. November 2010 (473K) Pg.1-3,& 5
    By Manisha Srivastava, CCT Economist, Department of Labor Manisha.Srivastava@ct.gov

    After much political debate, Congress approved extending unemployment insurance benefits for the long-term unemployed until November 30, 2010. The extended Emergency Unemployment Compensation (EUC) program is 100% federally funded. This is in contrast to the regular Unemployment Compensation (UC) program that is fully State funded. The EUC program is a newly created program as of June 30, 2008 in response to the current financial crisis. It is the first time in the 75-year history of UC that benefits have been extended for up to 99 weeks. [ download article only ] 

  • A 2010 LANDING? The Connecticut Employment Outlook to 2010 June 2009, (414K) Pg.1.

  • Area Employment Projections to 2008. April 2001, (230K) Pg.4.

  • A short look at long-term employment projections. April 1998, (207K) Pg.1, 4.

  • Connecticut Employment Outlook to 2007. June 2006, (590K) Pg.1.

  • Connecticut Employment Outlook to 2008. June 2007, (235K) Pg.1-5.

  • Connecticut Employment Outlook to Fourth Quarter 2006 June 2005, (541K) Pg.2-5.

  • Connecticut Employment Trends. July 2007, (524K) Pg.1-5.

  • Connecticut Industry Employment Outlook to Fourth Quarter 2003. October 2002, (235K) Pg.1-5.

  • Connecticut Industry Employment Outlook to Second Quarter 2004. April 2003, (236K) Pg.1-5.

  • Connecticut Industry Employment Outlook to Fourth Quarter 2004. June 2004, (229K) Pg.1-5.

  • Connecticut's Investment Employment Rising. March 2007, (544K) Pg.1-5.

  • CT's Multiple Jobholders Rise to 6.3 Percent in 2007 February 2009, (407K) Pg.3.

  • Connecticut's Occupational Structure: A Regional View. May 1999, (273K) Pg.1-2.

  • Continued Employment and Wage Growth in Third Quarter 2000. April 2001, (230K) Pg.7.

  • Connecticut's 2008 Employment Situation, A Tale of Two Trends Aug 2009, (397K) Pg.1.

  • County Trends Examined. August 1999, (188K) Pg.1-4.

  • Defense-Related Employment-Can Connecticut Stop the Decline? February 2005, (643K) Pg.2-5.

  • Defining Employment. May 1999, (273K) Pg.3-4.

  • Employment and wages grew in 1Q97. December 1997, (249K) Pg.1-3.

  • Employment And Wages: Peak To Trough To Present. November 1998, (287K) Pg.1, 3-4.

  • Employment Estimating Methods Evolving. December 2000, (173K) Pg.1-2, 4.

  • Employment Projections: 1998-2008. March 2001, (226K) Pg.1-2, 4.

  • Employment services industry: a harbinger of the economy. May 2006, (495K) Pg.1.

  • Employment trends are analyzed from ES-202 data. December 1996, (233K) Pg.1-3.

  • (Almost) Everything You Wanted to Know About Connecticut’s Employment Numbers... But Were Afraid to Ask. October 2008, (410K) Pg.1-3.

  • Growth in Employment Slowed by Connecticut's Industry Mix. March 2006, (660K) Pg.1.

  • JOBS AND CYCLES: Historical Patterns in Connecticut's Employment Behavior. November 2005, (589K) Pg.1.

  • Modest gain in 2004 UI covered employment. August 2005, (573K) Pg.1-3, 5.

  • Occupational Employment Forecast to 2008. May 2001, (378K) Pg.1-3, 7.

  • Outsourcing: implications for employment. July 2004, (240K) Pg.1-5.

  • Part time story, The. July 1997, (185K) Pg.4.

  • The Bad News, the Not-So-Bad News and the Good News about Connecticut's Unemployment Rate November 2009 (402K) Pg.1-3, 5.

  • The Growth of Self-Employment November 2007, (572K) Pg.1-2, 5.

  • Turning Point: Connecticut Employment Outlook to 2009. June 2008, (420K) Pg.1-2, 5.

  • UI Covered Employment Approaches a Record Level. November 2000, (181K) Pg.1-4.

  • UI Covered employment continues upward trend in 2006. August 2007, (555K) Pg.1-5.

  • UI Covered Employment Declines in 2001 - First Time in Eight Years August 2002, (247K) Pg.1-5.

  • UI Covered Employment Declines in 2002 - Second Consecutive Year. September 2003, (230K) Pg.1, 5.

  • UI Covered Employment Increases in 2005 - Second Consecutive Year. August 2006, (582K) Pg.1-4.

  • UI Covered Employment Sets New High in 2007. Aug 2008, (412K) Pg.1-3, 5.

  • UI Covered Employment Reaches a New High in 2000. August 2001, (211K) Pg.1-3.

  • UI Covered Employment Sets New Record, Wage Growth Continues. July 2001, (215K) Pg.7.

  • U.S. self-employment rates. October 2004, (335K) Pg.1,5.

top
  • Exports Grew for the Third Year. April 2024 (4M) Pg.1-3.
    By Laura Jaworski, Office of Business Development, DECD

    Connecticut exports grew for the third consecutive year in 2023. Commodity exports increased 3.13% over 2022, totaling over $15.82 billion. More Connecticut companies are exporting as well. The most recent data indicates that 4,761 companies exported from Connecticut in 2021, up from 4,606 companies in 2020. 89% of these companies were small and medium-sized enterprises (SMEs) with fewer than 500 employees. According to the most recent data, approximately 50,705 U.S. jobs were supported by Connecticut exports.

    Connecticut Partner Countries
    In 2023, the state's top ten commodity export destinations were Germany, Canada, the Netherlands, the United Kingdom, Mexico, France, China, Singapore, South Korea, and Japan. Among the top ten destinations, except for the U.K., Mexico, and France, all experienced export growth. Exports to the U.K. dropped most significantly, down 19.59% over 2022.

    In 2023, there were decreases in many of the top ten Connecticut export commodity sectors to the United Kingdom, the largest being in the aircraft, spacecraft, and parts sector. A potential reason for this is continued regulatory challenges of Brexit and customs barriers. Higher inflation and rising energy prices in the United Kingdom have also shifted consumer goods spending. [ read more ]

  • Improved Trade Momentum Continues into 2022. July 2023 (4M) Pg.1-3.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    Improved trade momentum coming out of 2021 carried into 2022. Geopolitical issues influenced the global trade scene, namely the Russian war on Ukraine, as sanctions were imposed, supply chains disrupted, and countries looked to purchase more energy from the U.S. Rising interest rates, inflation, higher energy prices, labor shortages, and increased transportation and logistics costs continued to impact supply and demand conditions as well as consumer spending. With this background in mind, the following is a review of the state's 2022 export performance.

    Annual Export Figures
    In Annual 2022, Connecticut commodity exports increased 5.47% over 2021, totaling over $15.34 billion. Please refer to the associated tables for greater detail on the state's export composition. Although Connecticut continues to recover from the pandemic and there are encouraging signs of growth and momentum, state commodity exports have not returned to pre-pandemic levels nor the high of $17.4 billion recorded in 2018.

    Due to the unavailability of data, we are unable to ascertain the differential between the number of companies that exported pre- and post-COVID-19. The most recent data indicates that 4,606 companies exported from Connecticut in 2020. 89% of these companies were small and medium-sized enterprises (SMEs) with fewer than 500 employees. In 2019, approximately 63,000 U.S. jobs were supported by Connecticut exports. [ read more ]

  • Connecticut Exports Rose in 2021. April 2022 (4M) Pg.1-3.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    The impact of COVID-19 was greatly felt in 2020, marked by some of the largest reductions in trade since World War II. Economic disruptions, uncertainties, production and labor issues, supply chain reverberations, and reductions in supply and demand drove large international trade declines and increased trade costs.

    With global leaders and businesses now looking to shift from a pandemic to endemic phase, new trade questions emerge. What does the post-COVID-19 trade map look like? What will be the long-term shift to mitigate risk and address supply disruptions? How will we reimagine the global economy? And importantly, have exports recovered to pre-pandemic levels?

    The following is a review of the state's 2021 export performance and, where possible, pre-COVID-19 data comparisons are provided. [ read more ]

  • Connecticut Exports Fell in 2020. June 2021 (4M) Pg.1, 4-5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    COVID-19 had far-reaching impacts on commerce in 2020, resulting in economic disruptions, production issues, and reductions in supply and demand. Consumer demand sharply increased for particular goods, while others experienced dramatic drops. Extraordinary levels of uncertainty caused consumers to hold off on big ticket purchases and durables. As the virus spread along trade and travel routes, COVID-19 drove large international trade declines and disrupted everything as lockdowns and slowed border crossings led to supply chain disruptions and increased trade costs.

    To assess Connecticut's export status, The Connecticut Economic Digest conducts an annual review of the state's export performance. A review of the state's 2020 export position follows, all of which should be viewed in the frame of COVID-19. [ read more ]

  • Connecticut Exports Down in 2019 But Still Above 2017. April 2020 (409K) Pg.1-3.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    To assess Connecticut's export status, The Connecticut Economic Digest conducts an annual review of the state's export performance. A review of the state's 2019 export position follows.

    National
    Two notable events impacted trade in 2019: the Boeing 737 Max production shutdown and tariffs. Boeing is the largest U.S. exporter, and commercial aircraft is the biggest U.S. commodity export. The 737 Max, which went from slowed production to complete suspension, continues to have ripple effects. Not only did the biggest supplier to Boeing, Spirit AeroSystems, lay off 2,800 people, but the suspension will have likely ramifications on industrial production, trade, GDP, the aerospace supply chain and delivery of parts and inventory.

    U.S.-China trade friction dominated the headlines for a good part of 2019. The back and forth imposition of tariffs clearly impacted certain sectors. After a long period of negotiation, Phase I of the Economic and Trade Agreement between the U.S. and China was signed in January 2020.

    It should be noted that while news of the COVID-19 coronavirus began to circulate in late 2019, its impact is expected to be reflected in 2020 data. [ read more ] 

  • Connecticut Exports At Record High. April 2019 (352K) Pg.1-3.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    The dynamics of international trade is multifaceted and intertwined with geopolitics, the relative strength of the U.S. dollar, U.S. demand for imported goods, tariffs and free trade agreements (new and revised). Trade's importance as a driver of economic growth is significant, as exports contribute to economic health and job creation.

    To assess Connecticut's export status, The Connecticut Economic Digest conducts an annual review of the state's export performance. A review of the state's 2018 export position follows.[ read more ] 

  • Connecticut Exports: 2017 in Review. April 2018 (382K) Pg.1-3.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    2017 was a year in which international relations dominated the news headlines. Whether it was talk of the renegotiation of NAFTA and other free trade agreements, the status of the Trans-Pacific Partnership, currency manipulation and commodity dumping, the threat of a nuclear armed North Korea or entry and/or withdrawal from global pacts, geopolitics was front and center. Recently, President Trump signed an order on new tariffs on imported steel and aluminum. With such tariff increases, analysis must happen as to the potential impact on the defense industry, its subcontractors and supply chain. Will trade partners retaliate? What will be the impact on sales? As a defense-oriented state, Connecticut must monitor the evolution of such discussions. In the meantime, a review of the state's 2017 export position follows.[ download article only ] 

  • Connecticut Exports: 2016 in Review. April 2017 (326K) Pg.1-3.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    Geopolitical issues seemed to dominate 2016, whether it was the U.S. elections, Brexit, the Eurozone, free trade agreements, economic integration or national sovereignty. How these global issues impact trade, currency, and political relationships remains to be seen. In the meantime, to assess Connecticut's export status, a review of several key categories follows.

    Annual Export Figures
    In 2016, Connecticut's commodity exports totaled $14.4 billion, a 5.49% decrease from the $15.24 billion registered in 2015. It is important to note, as significant as commodity exports are, they omit service exports, for which the collection of data is inexact and unavailable at the state level. All U.S. states face this data gap. This means that export figures for a state like Connecticut- with a large concentration of insurance, financial and other services understate the true magnitude of its overall export value.[ download article only ] 

  • Connecticut Exports: 2015 in Review. April 2016 (323K) Pg.1-3, 5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    For the first time since 2009, U.S. exports decreased. The weak global economy and strong U.S. dollar, which made U.S. exports more expensive to foreign buyers, brought challenges to the export community and resulted in export declines across the board. To assess Connecticut's export status, a review of several key categories follows.[ download article only ] 

  • Connecticut Exports: 2014 in Review. April 2015 (360K) Pg.1-3, 5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    Opening foreign markets to U.S. goods and services is critical for economic competitiveness, growth and job creation. As such, President Obama commenced the second phase of the National Export Initiative, "NEI/NEXT," to strengthen partnerships among the export community. At a May 2014 launch, U.S. Department of Commerce Secretary Penny Pritzker announced that through NEI/NEXT, federal agencies are developing policy improvements to "provide exporters more tailored assistance and information; streamline export reporting requirements; expand access to export financing; ensure market access and a level playing field; and collaborate with state and local organizations."[ download article only ] 

  • Connecticut Exports: 2013 in Review. April 2014 (402K) Pg.1-3, 5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    To assess Connecticut's export status, The Connecticut Economic Digest conducts an annual review of the state's export performance. Exports are a significant contributor to the state's economy - they support and create jobs and spur economic growth. In 2013, Connecticut's commodity exports totaled $16.47 billion, a 3.23% increase from the $15.96 billion registered in 2012. Connecticut was one of 16 states to achieve a new record for exports in 2013, which helped drive the United States to overall record-setting 2013 exports. Since the 2010 launch of President Obama's "National Export Initiative" (NEI), the U.S. has experienced four consecutive years of record exports. Given the correlation between exports and jobs, and that 95% of potential consumers live abroad, trade expansion and increased exports are vital to economic development.[ download article only ] 

  • Connecticut Exports: 2012 in Review. April 2013 (423K) Pg.1-3, 5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    Each year The Digest takes a look at Connecticut's annual export performance. Exports are an important contributor to the state's economy, create jobs and spur economic growth. In 2012, Connecticut's commodity exports totaled $15.86 billion, a slight 2.14% decline from the $16.21 billion recorded in 2011. These commodity exports represent approximately 7% of Connecticut's gross state product (state GSP), up from 4.9% of state GSP just ten years earlier in 2002.[ download article only ] 

  • Connecticut Exports: 2011 in Review. April 2012 (421K) Pg.1-2, 5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    Exports are an engine of growth and an important contributor to gross domestic product. In Connecticut, commodity exports represent approximately 7% of the gross state product (state GDP). Exports sustain and create jobs and also have a multiplier effect on the economy. Given the fact that 95% of the world's consumers live outside the U.S., it makes sense to pursue foreign market opportunities and reach those consumers, generate new business, create jobs and spur economic growth and recovery. [ download article only ] 

  • Connecticut Exports: 2010 in Review. April 2011 (421K) Pg.1-2, 5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    In a climate of fiscal and budgetary challenges, it is imperative to recognize that export growth is a vehicle to achieve the twin goals of job creation and economic recovery. Exports are an engine of growth and an important contributor to gross domestic product. In Connecticut, commodity exports represent approximately 7% of the gross state product (state GDP). Exports sustain and create jobs and have a multiplier effect on the economy. Given the fact that 95% of the world's consumers live outside the U.S., it makes sense to pursue foreign market opportunities and reach those consumers, generate new business, create jobs and spur economic growth and recovery. Exports are critical for business and economic success. [ download article only ] 

  • Exports: Opportunities for Economic Growth. April 2010 (419K) Pg.1-2, 5.
    By Laura Jaworski, Office of International and Domestic Affairs, DECD

    During his January 2010 State of the Union address, President Obama announced a goal of doubling U.S. exports over the next five years. To reach this goal, the President unveiled a National Export Initiative (NEI) that focuses on three key areas: (1) expanding trade advocacy and educating companies about overseas market opportunities; (2) improving businesses' access to credit and (3) enforcing international trade laws and removing unfair tariff and non-tariff barriers that prevent U.S. companies from entering foreign markets. [ download article only ] 

  • 1998 Exports Reach All-Time High. April 1999, (321K) Pg.1-2, 4.

  • Connecticut Exports - 2006, A Very Good Year. April 2007, (525K) Pg.1-5.

  • Export growth highest in seven years. June 1998, (236K) Pg.1-2.

  • Exports, an Economic Bright Spot: 2008 Connecticut Exports in Review April 2009, (407K) Pg.1.

  • New Gains for Exports: 2005 Connecticut Exports in Review. April 2006, (495K) Pg.1.

  • Recent Connecticut Export Performance Explored. November 2002, (238K) Pg.1-3.

  • The Export Engine: 2007 Connecticut Exports in Review April 2008, (565K) Pg.1-2, 5.

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  • Connecticut Housing Market Trends. June 2024 (773k) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    In the years after the brief 2020 COVID-recession, Connecticut has experienced numerous shifts that have impacted the housing market. Inventory is down, prices are increasing, and multi-unit construction has become a majority of new housing development in the state. From 2017-2019, the pre-COVID housing monthly inventory ranged between 14,000 and 20,000 units in the state. After 2020, inventories tracked downward through 2024 and reached a low of 3,071 by February 2024. Part of the inventory decline is due to the large decrease in the time that a home is on the market. The median number of days a home was on the market in Connecticut from 2017-2019 ranged between about 50 days during peak summer months to a high of over 80 days during January of those years. After 2020, the median number of days on the market reached a low of 18 in May 2022. As inventory fell, buyers had fewer options and were eager to secure a sale, which helped shorten listing duration, further reducing inventory. In April 2024, statewide inventory was 3,432 and homes were on the market for a median of 32 days. Five years earlier (April 2019), inventory was over 15,000 and homes were on the market for a median of 53 days. [ read more ]

  • Connecticut's 2021 Housing Market: Hitting New Highs. July 2022 (773k) Pg.1-3
    By Nandika Prakash, Ph.D., DECD

    Connecticut's post-pandemic housing market momentum continued into 2021, with home sales and values continuing to rise as COVID restrictions eased. Home prices exceeded 2020 levels to reach a new high, and the number of units sold increased year over year as well. However, rising mortgage rates and low inventory may be a headwind that checks the market in 2022.

    Housing Production
    Census Bureau data shows that cities and towns in Connecticut authorized 4,651 single and multifamily homes with a total valuation of $1.22 billion in 2021. Despite the dynamic market, this was a 15% decline from the 5,471 units in 2020. The decrease was driven by 45% fewer permits for multifamily housing compared to 2020 levels; permits for single family structures increased by 17% over 2020, perhaps reflecting changing living preferences.

    Connecticut issued 2,941 single family permits which accounted for 63% of the total number of units authorized, the highest share in ten years. Only 32% were multifamily (5 units or more), breaking the recent trend of higher production of multifamily housing. New Haven (299), Milford (199), and Darien (159) had the highest number of permits, most of which were for multifamily housing. Southington (104), Bristol (94), and Greenwich (87) led the way in single family housing authorizations. [ read more ]

  • 2020 Connecticut Housing Market: A Year Like No Other. July 2021 (500K) Pg.2-3
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    Connecticut's housing market saw notable gains last year due in part to COVID-19, which spurred an outmigration from large urban areas like New York City. For example, home prices hit an all-time high and sales surged to their highest levels in sixteen years. This article examines these and other factors that contributed to a strong housing market in 2020.

    Housing Production
    According to data released from the Bureau of the Census, cities and towns in Connecticut authorized 5,471 single and multifamily homes with a total valuation of $1.061 billion in 2020. This level of production represented a 6.5% decrease from 5,854 in 2019, but an 13.6% increase from 4,815 in 2018.

    In 2020, Fairfield County authorized the most permits (34.0%), followed by New Haven County (25.1%) and Hartford County (15.5%). Windham County had the smallest share (2.7%).

    Connecticut issued 2,512 single family permits which accounted for 45.9% of the total number of housing units authorized, while 48.9% were multifamily (5 units or more), continuing the recent trend of higher demand for multifamily housing-especially in urban areas. [ read more ]

  • Connecticut's Housing Market Trended Upward in 2019. July 2020 (444K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    Connecticut's housing market showed signs of strength in 2019 as new permits reached their second highest level since 2007 and home sales prices reached an eleven-year high. This article examines several factors contributing to the state's housing rebound.

    Housing Production
    According to data release from the Bureau of the Census, cities and towns in Connecticut authorized 5,854 single and multifamily homes with a total valuation of $1.354 billion in 2019. The level of production is the highest since 2015 and represents a 21.6% increase compared to 4,815 in 2018. Connecticut had the third highest percent gain among fifty states: New Jersey and Arkansas led with 30.6% and 25.0%, respectively.

    In 2019, Fairfield County authorized the most permits with the largest share (39.7%), followed by New Haven County (24.8%) and Hartford County (13.5%). Both Litchfield and Middlesex counties had the smallest share (2.3%). Stamford, New Haven, Fairfield, Milford and Norwalk issued the most permits. Combined, they accounted for 42% of all housing units authorized last year. [ read more ]

  • 2018 Housing Market in Review. September 2019 (342K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    Connecticut's housing market experienced growth in 2018 with many economic indicators posting gains over the prior year. In this annual review, we will examine the state's housing industry from the permits, sales and price perspectives.

    Housing Production
    According to data released by the Bureau of the Census, cities and towns in Connecticut authorized a total of 4,815 single and multifamily homes with a total valuation of $1.112 billion in 2018. This level of production represents a 5.9% increase compared to 4,547 in 2017, and a 12.5% decrease compared to 5,504 in 2016.

    New Haven County regained the lead in the number of permit authorizations since 2010, with the largest share (24.2%) in 2018, followed by Hartford County (23.6%) and Fairfield County (22.8%). Litchfield County had the smallest share (2.6%). [ read more ]

  • Redevelopment for Workforce Housing. September 2019 (342K) Pg.3-4.
    By Al Sylvestre, Research Analyst, Department of Labor

    The vision of Connecticut as a prosperous, inviting, and invigorating place to live, work, and play is brought to life by plans, places, and the networks that connect them. The most recent annual gathering of southern New England's land use planners, economic development professionals, and scholars featured ideas, plans, and projects of great place making. Place making is fundamental to bringing growth and prosperity that business, government, and education leaders speak about when they talk of making Connecticut competitive with its neighbors. [ read more ] 

  • 2017 Housing Market in Review. July 2018 (392K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    Connecticut's housing sector in 2017 continued to exhibit mixed results mirroring the state's modest economic recovery. In this article, we will examine several aspects of state's housing industry including permits, sales and prices. [ download article only ] 

  • Connecticut's Path to More Affordable Housing. April 2018 (382K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Securing affordable housing in Connecticut's expensive residential market is a significant challenge for the state's workforce. What follows is a brief overview of some of the conundrum's components and some methods land use planners and policy makers employ to smooth the path to more affordable housing.

    Challenges
    According to the Partnership for Strong Communities, Connecticut has the sixth highest housing cost in the US while nearly a third of the population in 102 of its 169 cities and towns are spending at least 30% of their incomes on housing as shown on the map. As the housing cost burden rises with age, more households headed by persons over age 60 in a state with the sixth oldest population in the nation will find their incomes stretched more thinly. As people with disabilities and those above age 60 re-enter or remain in the workforce longer, access to housing becomes more difficult because: [ download article only ] 

  • State's 2016 Housing Market in Review. July 2017 (337K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    The housing market is an important sector of the economy, and so each year the Department of Economic and Community Development (DECD) examines different aspects of Connecticut's housing industry. This article takes a look at permits, sales, prices and housing characteristics.

    Home Sales and Prices
    The state's real estate market continued its momentum into 2016 with another strong performance in the number of sales and an uptick in median prices.

    According to the Warren Group report, Connecticut single-family home sales gained 8.7% from 29,644 in 2015 to 32,235 in 2016, the highest level in nine years. Condominium sales also gained ground with a 5.3% increase from 7,853 in 2015 to 8,267 in 2016. [ download article only ] 

  • Anchor Institutions and the Innovation Economy.  June 2017 (336K) Pg.1,2,5
    By Al Sylvestre, Research Analyst, Department of Labor

    Anchor Institution Characteristics
    Hospitals and institutions of higher learning deploying their considerable resources to promote neighborhood revitalization through economic development are known as anchor institutions. Often acting in concert with nonprofit and public agencies, anchor institutions create opportunities for home ownership among low- and moderate-income households as well as supporting educational and apprenticeship programs for disadvantaged youth to prepare them for gainful employment.

    This article offers a brief look at two prominent Connecticut anchor institutions and others throughout the country as examples of how institutional self-interest and philanthropy have successfully combined to drive the revitalization of the communities that host these institutions. If these institutions continue to be nourished by capital, innovation, and the commitment of community and social resource providers, the possibility remains that impoverished communities can flourish through the perseverance of individuals and institutions that see potential in their neighborhoods. [ download article only ] 

  • 2015 State Housing Market: Permits Up, Prices Fall. July 2016 (365K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    2015 was a strong year for the U.S. housing market, due to high home sales and rising home prices. Connecticut followed the nation in terms of sales, however, prices continued to fall. The multifamily unit segment became more important than ever in the state's housing industry as demand for multi-units is on the rise. In this annual article, we will examine several aspects of the state's housing sector and the factors leading to an increasing demand for rental units. [ download article only ] 

  • Connecticut's Housing Recovery Slowed in 2014. July 2015 (338K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    The state's overall housing recovery that began in 2012 continued, albeit at a slower rate, in 2014. One new positive trend was the increasing demand on multifamily units that sustained the housing sector. In this article, we will examine many aspects of the state's housing industry and the factors leading to a higher demand for multifamily homes. [ download article only ] 

  • State Housing Market Continued its Recovery in 2013. July 2014 (411K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    Connecticut's housing market continued on the path to recovery in 2013 with many economic indicators posting strong gains over the prior year. In this article, we will examine the state's housing industry and factors that led to stronger housing performance in 2013, most notably permits rising to pre-recession levels.  [ download article only ] 

  • Connecticut and the Housing Bust: A Tale of Two Bubbles  October 2012 (349K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    On July 18, 2012, the Center for Real Estate and Urban Economic Studies (CREUES) at the University of Connecticut released their study in which they found signs of stabilizing housing prices after more than a year of declines. They found that over the previous year prices had stabilized or increased throughout most of Connecticut's markets, and that those areas with declines also showed improvement with smaller drops. Nationally, in their 2012 report released in June, the Joint Center for Housing Studies of Harvard University stated:

    After several false starts, there is reason to believe that 2012 will mark the beginning of a true housing market recovery. Sustained employment growth remains key, providing the stimulus for stronger household growth and bringing relief to some distressed homeowners. They went on to caution: While gaining ground, the homeowner market still faces multiple challenges. If the broader economy weakens in the short term, the housing rebound could again stall. [ download article only ] 

  • State's 2012 Housing Market in Review. July 2013 (344K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    The housing market is an important sector of the economy - it creates jobs, spurs economic growth and impacts our overall quality of life. This article takes a look at many aspects of Connecticut's housing industry and the factors that led to modest housing growth in 2012, despite the fact that permits did not reach prerecession levels.  [ download article only ] 

  • State Housing Market Languished in 2011. July 2012 (419K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    The housing sector continued to be a drag on the economy through 2011 as suggested by a number of indicators, including record-low permit production and weak home sales. This article examines the 2011 housing market from several perspectives and includes some observations. [ download article only ] 

  • State's Housing Market: a Long Road to Recovery. July 2011 (419K) Pg.1-2,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    Housing market activity is one of the barometers of the health of the state and national economies. The anemic housing permit growth, weak home price increases, and fewer residential real estate transactions in 2010 - when coupled with high unemployment, a jobless economic recovery and a rising foreclosure rate - suggest that the state’s housing doldrums may continue. This article examines the housing market from several perspectives. [ download article only ] 

  • State's Housing Troubles Continued in 2009. July 2010 (416K) Pg.1-3,& 5
    By Kolie Sun, Senior Research Analyst, DECD  Kolie.Sun@ct.gov

    The Connecticut and U.S. economies experienced financial turmoil that began in the fall of 2008 and continued into the Great Recession of 2009. Nearly all sectors felt the adverse impacts of the recession, which resulted in higher unemployment, declining personal income and corporate revenues and weakened consumer confidence. The housing sector is a major contributor to the economic turmoil in 2009, as this analysis of the state's residential permit activities, home prices and foreclosures will clearly show. [ download article only ] 

  • 1998: A Stellar Year for Housing. July 1999, (192K) Pg.1-2.

  • 2007 State Housing Market Continues to Trend Downward. July 2008, (415K) Pg.1-2, 5.

  • Connecticut's Housing Industry in 2002: A Look Back. August 2003, (240K) Pg.1, 5.

  • Connecticut's housing market remains healthy. September 2006, (563K) Pg.1-4.

  • Housing 2000: Strong & Steady. July 2001, (215K) Pg.1-2.

  • Housing 2003 - the results are in. September 2004, (226K) Pg.1,5.

  • Housing permits reviewed. June 1997, (177K) Pg.1-3.

  • Housing sector buoyant. May 1998, (257K) Pg.1-2.

  • Housing Sector Remained Strong in 1999. July 2000, (176K) Pg.1-2.

  • Housing Industry Worsened in 2008 July 2009, (416K) Pg.1.

  • Is There a Housing Bubble? September 2005, (640K) Pg.1-3, 5.

  • State Housing Market Cooled in 2006. September 2007, (634K) Pg.1-2, 5.

  • The State of the Housing Industry. September 2002, (268K) Pg.4.

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  • Covered Employment and Wages: A 2022 Annual Review.  August 2023 (5M) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 3.2 percent during 2022.1 A combination of employment returning from pandemic losses and a strong job market contributed to this increase. Total private industry employment, constituting 86.9 percent of the state's employment total, increased by 3.4 percent. Total government employment increased slightly by 1.6 percent. Since the economic shutdown in March 2020, Connecticut has recovered nearly all the jobs lost, though some sectors have understandably fared better than others.

    Average annual wages for all Connecticut jobs increased by 4.4 percent, to $81,241. In 2022, private sector wages increased by 4.5 percent to $82,373; government wages increased 3.2 percent to $73,754.

    Like 2021, new business establishment creation was up significantly compared to pre-pandemic, as new firms continue to explore new opportunities. New business starts were 16,459 in 2022, compared to 16,978 (revised) in 2021. Overall, establishments rose to 142,858 in 2022, an increase of 6.7 percent over 2021. Total private establishments represented nearly all of the increase, reaching 139,442 in 2022. Government worksites increased 1.5 percent in the state, from 3,374 in 2021 to 3,424 in 2022. [ read more ]

  • Long Term Industry and Occupational Projections: 2020-2030.  September 2022 (4.3M) Pg.1-5
    By Matthew Krzyzek, Economist and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut's employment is projected to increase by more than 201,000 jobs over the ten-year period ending in 2030. This 12% increase is 4.3 percentage points above the U.S. projection of 7.7%. Every two years, the U.S. Bureau of Labor Statistics produces 10-year projections of the U.S. labor force and employment by industry and occupation. This process is replicated at the state level to produce a detailed overview of the expected direction of the labor market in Connecticut.

    Effects of COVID-19 on the 2020-30 Projections
    The COVID-19 pandemic triggered a steep and short U.S. recession from February to April 2020.1 The impact of this translates to lower base-year values than earlier rounds of long-term projections. This results in higher projected employment growth, particularly in the industries and occupations that had the largest COVID-19 declines.2 These projections assume a full-employment economy, and many industries heavily impacted by COVID-19 are projected to have higher growth than would occur if the base year was not so low due to the recession.

    In addition, some industries and occupations have seen a change in long-term demand as a result of the pandemic. Industries that are expected to see long-term increased growth include computer-related occupations such as those that relate to telework computing infrastructure and IT security. On the other hand, Retail Trade is expected to experience an amplification of its long-term declines due to changes in consumer behavior that will outlast the pandemic. [ read more ]

  • Covered Employment and Wages: A 2021 Annual Review.  August 2022 (5M) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 3.0 percent during 2021. The return of employees to work after the COVID shutdowns of 2020 was the primary cause for the increase. Total private industry employment, constituting 86.7 percent of the state's employment total, increased by 3.5 percent. Total government employment was relatively flat, declining 0.3 percent. It is important to note that this is a historical look at 2021 and it paints a less rosy picture of the economy than we know to be true based on 2022 data.

    Average annual wages for all Connecticut jobs increased by 3.2 percent, to $77,839. Given the nation experienced a non-seasonally adjusted annual inflation rate of 4.7 percent in the Consumer Price Index for All Urban Consumers: All Items (CPIAUCNS), most employees lost purchasing power even with the nominal wage increase. In 2021, private sector wages increased by 3.2 percent to $78,820; government wages increased 2.7 percent to $71,462.

    Like 2020, new business establishment creation was up significantly compared to pre-pandemic, as new firms continue to explore new opportunities. New business starts were 15,292 in 2021, compared to 12,747 in 2020. Overall, establishments rose to 133,921 in 2021, an increase of 5.4 percent over 2020. Total private establishments represented nearly all of the increase, reaching 130,547 in 2021. Government worksites increased 0.2 percent in the state, from 3,368 in 2020 to 3,374 in 2021 [ read more ]

  • Covered Employment and Wages: A 2020 Annual Review.  August 2021 (5M) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut decreased by 7.5 percent during 2020. The impact of the Coronavirus pandemic was the primary driver of employment and wage changes in 2020. Total private industry employment, constituting 86.2 percent of the state's employment total, decreased by 7.8 percent. Total government employment was also down 5.3 percent.

    Average annual wages for all Connecticut jobs increased by 8.1 percent, to $75,411. One must keep in mind that this increase is mostly due to lower wage earners no longer being employed, raising the average. In 2020, private sector wages increased by 8.2 percent to $76,341; government wages increased 7.3 percent to $69,594.

    Despite, and perhaps because of the pandemic, new business establishment creation was up significantly over the second half of 2020 as the economy reopened. New business starts were 5,927 from July-December 2020, compared to 4,908 for the same time period in 2019. Overall, establishments rose to 127,003 in 2020, an increase of 2.6 percent over 2019. Total private establishments represented nearly all of the increase, reaching 123,635 in 2020. Government worksites increased 0.6 percent in the state, from 3,347 in 2019 to 3,368 in 2020. [ read more ]

  • Covered Employment and Wages: A 2019 Annual Review.  August 2020 (353K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut decreased by 0.2 percent during 2019. Connecticut reversed the pattern of slow but steady employment growth since the Great Recession toward the end of 2019. Total private industry employment, constituting 86.5 percent of the state's employment total, decreased by 0.2 percent. Total government employment held steady year-over-year.

    Average annual wages for all Connecticut jobs increased by 3.0 percent, to $69,787, nearly double the improvement on the increase in 2018. In 2019, private sector wages increased by 3.3 percent to $70,554; government wages increased 1.1 percent to $64,855.

    The number of business establishments continued their expansion, with a new total of 123,766, an increase of 1.4 percent over 2018. Total private establishments represented nearly all of the increase, reaching 120,419 in 2019. Government worksites increased 0.2 percent in the state, from 3,340 in 2018 to 3,347 in 2019.  [ read more ]

  • Covered Employment and Wages: A 2018 Annual Review.  August 2019 (342K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent data published by the Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 0.2 percent during 2018. Connecticut continues to show slow but steady employment growth since the Great Recession. Total private industry employment, constituting 86.4 percent of the state's employment total, increased by 0.4 percent. Total government employment decreased by 1.1 percent year-over-year.

    Average annual wages for all Connecticut jobs increased by 1.6 percent, to $67,744, an improvement on the increase in 2017. In 2018, private sector wages increased by 1.5 percent to $68,305; government wages increased 2.4 percent to $64,126.

    The number of business establishments continued their expansion, with a new total of 122,067, an increase of 2.0 percent over 2017. Total private establishments represented the entirety of the increase, reaching 118,727 in 2018. Government worksites decreased 1.0 percent in the state, from 3,374 in 2017 to 3,340 in 2018. [ read more ]

  • Long Term Industry and Occupational Projections: 2016-2026.  September 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    Connecticut's employment is projected to increase by more than 110,000 jobs over the ten-year period ending in 2026. This 5.9% increase is a bit slower than the 7.4% projected for the U.S., but both state and national projections assume full employment in 2026. With the unemployment rate currently low, total job growth is limited by growth in the population/labor force. Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2016 to 2026. This process is replicated at the state level to produce projections that provide a detailed overview of the expected direction of labor markets in Connecticut.

    U.S. Labor Force
    The overall U.S. labor force is projected to increase by 10.5 million workers from 2016 to 2026 (a 0.6% annualized growth rate) with increases of 4.5 million men and nearly 6 million women. The labor force is projected to be older and more diverse. The number of white non-Hispanics in the labor force is projected to decline by 2.5 million, while the number of workers of Hispanic origin is projected to increase by over 8 million. The number of Black or African-American workers will be up by 1.9 million and the number of Asian workers up by 2.6 million. The number of workers aged 55 and over is projected to increase by 6.4 million, while those aged 25 to 54 will increase by 5.4 million. The number of workers under age 25 is expected to decrease by 1.3 million. [ read more ] 

  • Covered Employment and Wages: A 2017 Annual Review.  August 2018 (343K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    According to the most recent Quarterly Census of Employment and Wages (QCEW) program, the number of jobs in Connecticut increased by 0.2 percent during 2017.1 This is now the seventh consecutive year of employment growth since the Great Recession. Total private industry employment, constituting 86.4 percent of the state's employment total, increased by 0.5 percent. Total government employment decreased by 1.6 percent year-over-year.

    Average annual wages for all Connecticut jobs increased by 1.2 percent, to $66,648, double the increase in 2016. In 2017, private sector wages increased by 1.0 percent to $67,278; government wages increased 1.9 percent to $62,648.

    The number of business establishments expanded for the sixth consecutive year, with a new total of 119,669, an increase of 2.0 percent over 2016. Total private establishments represented the entirety of the increase, reaching 116,295 in 2017. Government worksites decreased 0.6 percent in the state, from 3,393 in 2016 to 3,374 in 2017. [ read more ]

  • Covered Employment and Wages: A 2016 Annual Review.  August 2017 (264K) Pg.1-5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of jobs covered by Connecticut Unemployment Insurance (UI) increased by 0.2 percent during 2016, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase continues the trend started in 2011. Total private industry employment, constituting 86.1 percent of the state's employment total, increased by 0.5 percent. Total government employment decreased by 1.4 percent year-over-year.

    Average annual wages for all Connecticut jobs increased by 0.5 percent to $65,869, much like in 2015. In 2016, private sector wages increased by 0.4 percent to $66,579; government wages increased 0.9 percent to $61,458.

    The number of business establishments expanded for the fifth year in a row, with a new total of 117,337, an increase of 0.9 percent over 2015. Total private establishments represented the entirety of the increase, reaching 113,944 in 2016. Government worksites decreased 0.9 percent in the state, from 3,425 in 2015 to 3,393 in 2016. [ download article only ]

  • A New Look at Earnings Inequality. April 2017 (326K) Pg.4-5.
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    There is a great deal of literature documenting the increase in income inequality in the United States from the mid-1970s to the present. Data from the Current Population Survey (CPS) and the Internal Revenue Service (IRS) show similar trends. In a recent presentation, Dr. James R. Spletzer of the U.S. Census Bureau reviewed this data and presented new findings using data from the Longitudinal Employer-Household Dynamics (LEHD).[ download article only ] 

  • Long Term Industry and Occupational Projections: 2014-2024.  September 2016 (354K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL, Matthew.Krzyzek@ct.gov and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    NATIONAL PROJECTIONS ~ Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2014 to 2024.

    Labor Force ~ The U.S. labor force is projected to increase by 9.8 million workers from 2014 to 2024 (a 0.6% annualized growth rate) with the 2024 labor force projected to be older and more diverse. The number of workers aged 55 and older is expected to increase by more than 6.7 million (+19.8%) while the number aged 16 to 24 is projected to decrease by 2.8 million (-13.1%) with the largest labor force cohort - those aged 25 to 54 (also known as prime-age workers) up just 3.9 million (+3.9%). As a percent of the labor force, the 16-24 cohort will fall 2.1 percentage points to 14.1% in 2024; increased postsecondary enrollment is a primary cause of this share decrease. [ download article only ] 

  • Covered Employment and Wages: A 2015 Annual Review.  August 2016 (328K) Pg.1-3,& 5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of jobs in Connecticut covered by Unemployment Insurance (UI) increased by 0.6 percent during 2015, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase continues the trend started back in 2011. Total private industry employment, constituting 85.9 percent of the state's employment total, increased by 0.8 percent. Government employment decreased by 0.6 percent year-over-year. [ download article only ]  

  • Covered Employment and Wages: A 2014 Annual Review.  August 2015 (345K) Pg.1-3,& 5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of workers in Connecticut covered by Unemployment Insurance (UI) increased by 0.8 percent during 2014, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase continues the trend started back in 2011. Total private industry employment, constituting 85.7 percent of the State's covered employment total, increased by 0.9 percent. Government employment increased by 0.3 percent year-over-year. [ download article only ]  

  • Construction Occupational Employment Trend, 2005-2013. August 2015 (345K) Pg.4.
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The bursting of the housing bubble hit certain areas of the economy harder than others. Though Connecticut was not an epicenter of the housing bubble and bust, its impact can be seen when examining construction occupational employment. This article uses data from the Census Bureau's American Community Survey (ACS) as it provides estimates of labor market variables not captured in other datasets, including unemployment by occupation and prior occupation of those not in the labor force. From this we can get a generalized idea of how construction occupations in Connecticut have fared during the recession and recovery.[ download article only ] 

  • Examining Education, Incomes, and the "Skills Gap".  June 2015 (280K) Pg.1-3, 5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    While the unemployment rate has dropped sharply over the past few years, it remains higher than it was before the "great recession" began. On the other hand, the number and rate of job openings are higher than their prerecession levels. In March, there were five million job openings nationally despite an unemployment rate of 5.4%, a percentage point higher than prevailed in 2006 and 2007. Despite the pool of unemployed job-seekers, some business groups report that their members are having difficulty hiring employees with the skills and experience they are seeking. This has led some to conclude that there is a gap between the skills available in the labor force and the needs of employers. [ download article only ] 

  • A Review of 2004-2014 Employment Projections.  June 2015 (280K) Pg.4
    By Michael Fitzgerald, Research Analyst, Department of Labor Michael.Fitzgerald@ct.gov

    It will be years-not in my time-before a woman will become Prime Minister." That's a quote made by Margaret Thatcher in 1969, ten years before she took over as Prime Minister of the United Kingdom in 1979. In other words, projections-especially 10 years ahead of time-are difficult. Every two years, the Office of Research at the Connecticut Department of Labor creates 10-year employment projections for the state. Now that employment statistics for 2014 have been released, we are going to take a look at the 2004-2014 projections and see how well the projections fared. Statewide numbers for the Major Standard Occupational Classification (SOC) groupings and Occupation Employment Statistics data from 2014 will be what is focused on. There are a couple of things to bear in mind when looking at the original projections. [ download article only ] 

  • Occupational Employment and Wages: 2001-2013. April 2015 (360K) Pg.4.
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Occupational Employment Statistics (OEWS) estimates employer survey information into detailed wage data for 821 occupations that comprise 22 major categories. Extensive occupational earnings data make the survey useful to both employers and employees. This article utilizes data from 2001, 2004, 2007, 2010, and 2013 to account for the 3-year OEWS survey cycle. Data is examined mostly at 2-digit Standard Occupational Classification (SOC) level but also dives deeper into 6 digit levels to explain broader changes.[ download article only ] 

  • Income Inequality, Poverty, and Labor Markets.  February 2015 (297K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    A large part of the current political and economic discussion and debate has been centered on the growing concentration of wealth and income over the last 30 years or so. And this trend has accelerated over the current recovery. Another issue is Poverty, a major consequence of extreme inequality. Therefore, addressing the issues of Poverty requires an understanding of the broader issue of Inequality. With that in mind, the remainder of the discussion will address the 30-year trend of rising Economic Inequality, especially in the U.S., what seems to be driving it, and its connection with labor markets. It will conclude with spotlighting a uniquely American phenomenon that exacerbates the inequality problem: Urban Sprawl. [ download article only ] 

  • The Minimum Wage Debate: 2014 Update.  November 2014 (364K) Pg.1-5
    By Daniel W. Kennedy, Ph.D., Senior Economist, Department of Labor Daniel.Kennedy@ct.gov

    INTRODUCTION: The Minimum Wage Debate - Back with a Vengeance The first version of this article, "The Minimum Wage Debate: The Latest Rounds", appeared in the January 1999 issue of the Connecticut Economic Digest. It was motivated by Connecticut's new minimum-wage increase that went into effect January 1, 1999. It raised the State's minimum wage to $5.65 per hour, and then to $6.15 on January 1, 2000 (or to a value that was indexed to the Federal minimum wage, whichever is greater). Although there was not much opposition in Connecticut, it did spark a national debate and some vocal Congressional opposition, when President Clinton proposed raising the Federal minimum wage. Well, it's Baaack! [ download article only ] 

  • Long Term Industry and Occupational Projections: 2012-2022.  September 2014 (410K) Pg.1-5
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Every two years the Connecticut Department of Labor produces and publishes ten year projections by industry and occupation. This year's projections cover the period 2012-2022, which invites a comparison to the previous ten year period. The 2002-2012 period spans the global financial and economic crisis that caused the worst national recession since the Great Depression. While employment started to increase after the first quarter of 2010, by 2012 employment in many industries was still below 2002 levels. Importantly, the industries that grew the most after the recovery started were not necessarily the same as those that lost the most during the recession, so the industry and occupational mix of the economy has changed. The long term projections help put these changes into perspective and peek over the horizon to see what the industry and occupational profile of the economy would look like if full employment could be achieved within the next decade. [ download article only ] 

  • Covered Employment and Wages: A 2013 Annual Review.  August 2014 (418K) Pg.1-3,& 5
    By Jonathan Kuchta, Research Analyst, Department of Labor

    The number of workers in Connecticut covered by Unemployment Insurance (UI)increased by 0.7 percent during 2013, according to most recent data published from the Quarterly Census of Employment and Wages (QCEW) program. This increase built upon the 1.0 percent increase in both 2012 and 2011. Total private industry employment, constituting 85.7 percent of the State's employment total [little changed from 2012's 85.5], increased by 1.0 percent. Government employment decreased by 0.5 percent over the year. [ download article only ]  

  • Connecticut Occupational Employment and Wages in 2013.  October 2013 (349K) Pg.4
    By Michael Fitzgerald, CCT Research Analyst, Department of Labor Michael.Fitzgerald@ct.gov

    The 2013 estimates from the Occupational Employment Statistics (OEWS) Program were recently released. The estimates show Connecticut's total nonfarm employment at 1,620,620. The two largest occupations in the state are Retail Salespersons (50,070) and Cashiers (39,050), comprising 3.1% and 2.4% of total employment, respectively. The remaining top ten occupations are Registered Nurses; Secretaries, Except Legal, Medical, and Executive; General and Operations Managers; Customer Service Representatives; Waiters and Waitresses; Janitors and Cleaners, Except Maids and Housekeepers; Combined Food Preparation and Serving Workers, Including Fast Food; and Office Clerks, General. These occupations represent just under 20% of total employment in the state. Ninety-two percent of the employees in the ten largest occupations are employed in the private sector. The percentages range from nearly 100% private employment for Retail Salespersons to 74% for Janitors and Cleaners, Except Maids and Housekeeping Cleaners. The overall percentage of private employment in the state is slightly lower at 85%. [ download article only ] 

  • Connecticut's Private Sector Hours and Earnings: Working to Get Back to Normal.  February 2013 (348K) Pg.1-5
    By Lincoln S. Dyer, Economist, DOL Lincoln.Dyer@ct.gov

    In 2007, just prior to the start of the "Great Recession," the Bureau of Labor Statistics (BLS) released a new series tracking hours and earnings for all private workers. The data are available for the U.S. and states for the aggregated private sector and major private industry divisions.

    The series was developed because the traditional production worker hours and earnings estimates, produced since 1939 for war planning purposes in the goods-producing industries (construction and manufacturing), no longer captured the U.S. economy. Service-providing sectors were now adding the greater part of the new jobs and output in the globalized 21st century. The monthly estimates (average hourly length of the private sector workweek, average hourly private pay rates, and the average weekly private earnings) are samplebased, and have not yet been officially seasonally adjusted by the BLS. A total private level only estimate (no industry supersectors) is also being calculated for Connecticut's six BLS-recognized labor market areas (LMAs). The new all employee private payroll data, after several years of availability, are starting to give some useful approximations of general workforce trends in the states. [ download article only ] 

  • Unemployment Insurance Covered Employment and Wages: 2011 Annual Review.  August 2012 (418K) Pg.1-3,& 5
    By Edward T. Doukas, Jr., Research Analyst, Department of Labor Edward.Doukas@ct.gov

    The number of workers in Connecticut covered by Unemployment Insurance (UI) laws increased by 1.0 percent during 2011, according to data derived through the Quarterly Census of Employment and Wages (QCEW) program. The 2011 increase reversed the trend over the previous two years when annual average employment declined; down 1.2 percent in 2010 and 4.3 percent in 2009. Total private industry employment, accounting for 85.3 percent of the State's employment total, increased by 1.6 percent, while government employment fell by 1.9 percent. [ download article only ]  

  • Connecticut Occupational Employment and Wages in 2012.  August 2012 (418K) Pg.1-3,& 5
    By Lisa Castagna, DOL, Lisa.Castagna@ct.gov) & Jungmin Charles Joo, Associate Research Analyst, DOL Jungmin.Joo@ct.gov

    The recently released statistics by the Office of Research in the Connecticut Department of Labor showed that retail salespersons (50,190) and cashiers (39,640) were the occupations with the highest employment in Connecticut. These two occupations combined made up nearly 6 percent of total Connecticut employment. [ download article only ] 

  • Connecticut Personal Income: Forecast for 2012. July 2010  (416K) Pg.3
    By Daniel W. Kennedy, Ph.D., Senior Economist, DOL Daniel.Kennedy@ct.gov

    On September 22, 2011, the U.S. Bureau of Economic Analysis (BEA) released state personal income for the second quarter of 2011. Connecticut's (CT), current dollar, seasonally adjusted quarterly personal income (QPI) was $206.408 billion for the second quarter of 2011 (2011Q2). This was up by $2.522 billion, or 1.24% from 2011Q1, and up by $9.694 billion, or 4.93% from 2010Q2. The second quarter QPI number had been revised downward by $1.632 billion to $203.886 billion from the initial estimate of $205.518 billion published in the June 2011 release. [ download article only ]

  • Covered Employment and Wages: 2010 Annual Review.  August 2011 (412K) Pg.1-3,& 5
    By Edward T. Doukas, Jr., Research Analyst, Department of Labor Edward.Doukas@ct.gov

    Employment in Connecticut covered by Unemployment Insurance (UI) decreased by 1.2 percent during 2010, according to preliminary figures that recently became available through the Quarterly Census of Employment and Wages (QCEW) program. While 2010 recorded the second consecutive drop in annual average employment, the rate of decline was less than in 2009 when covered employment dropped by 4.3 percent. Total private industry employment, constituting 84.8 percent of the State's employment total, decreased by 1.1 percent, while government employment fell by 1.7 percent. [ download article only ]  

  • A New Approach to Analyzing the Gender Wage Gap. April 2011  (185K) Pg.1-3,&5
    By Manisha Srivastava, Economist, Department of Labor Manisha.Srivastava@ct.gov

    "Equal Pay Day" takes place on a Tuesday in April (April 12th this year), symbolizing how far into the workweek women must work to earn what men earned the previous week. The gender wage gap is calculated by the Bureau of Labor and Statistics (BLS), and is based on data collected through surveys. This article takes a new approach to understanding the gender wage gap using wage records from Connecticut's Unemployment Insurance (UI) program. The gender wage gap is analyzed by age group and in further detail for select industries, with interesting implications for policy makers. [ download article only ]  

  • Connecticut Employment and Wages: A 2009 Review.  August 2010 (411K) Pg.1-3,& 5
    By Edward T. Doukas, Jr., Research Analyst, Department of Labor Edward.Doukas@ct.gov

    The recessionary impacts on Connecticut's economy that began being felt during the second half of 2008 took full effect in 2009. Connecticut's Unemployment Insurance (UI) covered employment dropped 4.3 percent during 2009. Records going back as far as 1969 show 2009's percentage decline was the second largest only behind the 5 percent drop that occurred during 1991. Another indicator of the economic wOEWS the State faced in 2009 was that the average annual wage of Connecticut workers ($57,755) decreased from the previous year ($58,334). A review of data dating back as far as 1969 shows that this was only the second time this anomaly has occurred. The only other year that annual pay per employee decreased was 2002. [ download article only ]  

  • CT Personal Income Pulls Through in First Quarter. July 2010  (416K) Pg.3
    By Lincoln S. Dyer, Economist, Department of Labor Lincoln.Dyer@ct.gov & Matthew Krzyzek, CCT Economist, Department of Labor Matthew.Krzyzek@ct.gov

    Connecticut personal income growth at 0.6% trailed national personal income growth of 0.9% and New England income growth of 0.8% in the first quarter of 2010. Personal income of $193.037 billion (current dollars, quarterly annualized rate) was the second consecutive quarterly increase, after increasing 0.3% in the fourth quarter of 2009, according to the Bureau of Economic Analysis (BEA). Comparable and adjacent states like New York (0.9%), New Jersey (0.8%), Massachusetts (0.7%), Maryland (0.8%), Pennsylvania (0.8%) and Rhode Island (0.9%) all experienced slightly faster growth than Connecticut during the first quarter. Connecticut ranked 44th by state, in the lowest quintile, in this quarter's personal income growth. [ download article only ]  

  • New Hours and Earnings Data Available. March 2010  (423K) Pg.3
    By Lincoln S. Dyer, Economist, Department of Labor Lincoln.Dyer@ct.gov

    After three years of exploratory development at the Office of Research, real-time monthly hours and earnings estimates for all private industries in the state and the six largest Connecticut labor market areas have been formally introduced. These newly available All Employee Hours and Earnings series from the employer payroll survey include the average hourly earnings, the average weekly hours employed, and the total average weekly earnings for most of Connecticut's private sector nonfarm workforce. [ download article only ]  

  • 2002 Connecticut Personal Income. June 2003, (220K) Pg.1-3.

  • A Primer on Personal Income. December 2001, (238K) Pg.1-3.

  • An Uneven Recovery, 1993-97. February 2000, (176K) Pg.1-4.

  • CONNECTICUT: A Net Exporter of Labor Services - Implications for Income Growth. November 2006, (652K) Pg.1-5.

  • Connecticut earnings: a look at income from current production. December 2003, (222K) Pg.1-3,5.

  • Connecticut Personal Income Continues to Climb in 2007 May 2008, (421K) Pg.1-2, 5.

  • CT Personal Income Grew 1.0 Percent in 2Q 2008. November 2008, (415K) Pg.5.

  • Connecticut Personal Income Growth Slows in 2008 May 2009, (403K) Pg.1.

  • Connecticut's wage rates among the highest in New England. June 1998, (236K) Pg.3-4.

  • Earnings by industry in the nineties. October 1997, (243K) Pg.1-4.

  • Minimum Wage Debate: The Latest Rounds. January 1999, (281K) Pg.3-4.

  • Our sources of income are changing. September 1996, (371K) Pg.1-3.

  • What Does that job pay? September 1996, (371K) Pg.4.

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  • Bioscience Industry Employment Trends, 2001-2023. July 2024 (4.5M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's bioscience cluster includes advanced manufacturing and service sector Research and Development (R&D) industries focused on the design and production of pharmaceuticals and other medical equipment and technology.

    Figure 1 shows annual average Bioscience employment from 2001 to 2023. Overall, Bioscience employment fell from 2001 to 2017, driven by declines in its manufacturing component industries. The combined Bioscience cluster grew 2.5% and 4.4% in 2018 and 2019. After a slight 0.3% dip from 2019 to 2020, the cluster grew by 6.2% and 5.1% in 2021 and 2022. Bioscience fell slightly in 2023, down 344 or -1.3% in 2023 but the number of establishments increased. [ read more ]

  • The Evolution of Zoning.  November 2023 (4.3M) Pg.1-5
    By Al Sylvestre, Research Analyst, Department of Labor

    Obnoxious sounds, smells, and danger from manufacturing, farming, and mining are high on the list of things we want to keep from our bedrooms, kitchens, and living spaces. Methods for achieving this evolved over time to be embodied in what land use planners call Euclidean zoning that is by turns confounding, controversial, mystifying, and aspirational. What follows is a brief examination of how zoning has become a useful tool even as its application can become an economic trap for real estate developers, regulators, small businesses, and residents. While the challenges of housing affordability and sprawl are daunting, the aforementioned planners, together with public officials, real estate developers, and community financial institutions, are formulating responses designed to give rise to communities of human scale that encourage interaction among their inhabitants.

    As people grew accustomed to living in group settlements, the walled cities of antiquity became places in which their denizens lived, worshipped, and carried out their civic business. Land outside the walls was reserved for the slaughter and rendering of animals, waste disposal, brick firing, mining, and other forms of extraction; the aboriginal form of zoning that separated incompatible land uses as shown in illustration 1 thus came into being. As populations grew and occupied ever more land, the protozoan form of cities, suburbs, and rural areas began to take shape where earth, space, vegetation, or any combination thereof came to serve as buffers separating incompatible land uses. As most work took place within the home before the industrial revolution of 1760 to 1840, residential areas in settlements of the time were centers of labor and commerce that gave rise to an urban environment of mixed residential and commercial land uses. The industrial revolution brought with it more intensive land uses such as manufacturing that took place in single large structures, on campuses, and within interconnected complexes occupied by up to thousands of workers gathered for labor that included assembly, slaughter and rendering of animals, and the processing of sewage and storm-water runoff. The scale at which industry did its work made the separation of working and living spaces a more urgent proposition; enter the concept of Euclidean zoning. [ read more ]

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • STEM To Grow Faster Than Overall Occupations Through 2030.  December 2022 (5M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Science, Technology, Engineering, and Math (STEM) occupations are projected to grow faster than all occupations in Connecticut through 2030. These high-growth, good-paying occupations are distributed throughout most major industries in the state and include a variety of career opportunities for Connecticut workers.

    The Connecticut Department of Labor discussed our 2020-2030 long-term projections in the September 2022 edition of the Connecticut Economic Digest. That article noted expectations of employment increasing by 201,000 jobs in Connecticut from 2020 to 2030. The industries projected to drive this overall growth include Accommodation & Food Services, Health Care, Transportation & Warehousing, and Professional, Scientific, & Technical Services. The long-term projections are conducted every two years by all 50 states and major territories at the industry and occupational level. This article focuses on STEM occupations within the long-term projections to illustrate employment expectations for this important segment of the Connecticut economy.

    Top Ten STEM Occupations in CT
    The ten largest STEM occupations account for 57% of overall STEM employment in the state. Among these ten occupations, four are computer occupations (SOC-15), three are engineering (SOC-17), two are management (SOC-11), and one involves sales (SOC-41). The largest STEM occupation in the state, Software Developers & Analysts (15-1256) had 2020 employment of 19,130 and is expected to grow by 5,280 or 28% to 24,410 by 2030. The other STEM occupations in Figure 1 are projected to grow between 8% and 22% through 2030. These occupations have annual average wages of between $63,380 (Computer User Support Specialist) and $150,629 (Computer & Information Systems Managers). STEM occupations earned an average of $103,214 overall in 2021, which compares favorably to $67,169 earned on average for all employment in the state [ read more ]

  • Transit Bus and Rail Ridership Trends  July 2022 (4.3M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With transit bus and rail ridership nearing pre-pandemic levels, the return of passengers to Connecticut's public transportation systems is on an upward trajectory. This stands in contrast to ridership trends from 2017 to 2020 shown in Charts 1 and 2. Chart 1 shows the number of unlinked passenger trips1 for each of CT Transit's2 divisions. Passenger trip decreases from 2019 to 2020 range from 7.2% in Waterbury to 17% in the New Britain division. The Hartford division that operates and manages 30% of the state's transit buses experienced a 17% ridership reduction. Pandemic-induced ridership declines in the nine transit districts outside of CT Transit's divisions (Chart 2) ranged from 63.3% for the Mashantucket-Pequot system to a low of 3.9% in the Northwestern Transit District (NWCTD). The two highest ridership districts, the Greater Bridgeport Transit Authority (GBT) with 4.2 million boardings in 2020, and the Norwalk Transit District with 1.1 million boardings had 20.2% and 18.1% fewer riders than in 2019. The outlier among these regions is the Windham Region Transit District whose nearly 25% ridership increase may be attributable to its concentration of employers whose operations depend on in-person work. [ read more ]

  • Much Ado About Parking  July 2021 (1.5M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With more parking space than public parkland in its downtown, Hartford's planners are considering the role parking plays in city life. The 435.2 acres of parking in downtown's two square miles would cover the University of Hartford campus, Bushnell Park, and the entire river-front park system in Hartford and East Hartford combined. Comparable cities such as Cambridge, MA and Arlington, VA dedicate 80% less land to parking than our capital city. This article looks at the challenges excess parking brings to Hartford; the ambitious measure taken by the city to integrate parking with development to attract new residents; and a new downtown development that applies design principles prioritizing vibrant street life over storing cars.

    From 1960 to 2000, Hartford's parking-to-building-area ratio more than doubled because of its desire to emulate suburbs' easy access to parking. Map 1 shows the results of this trend. The city's 21st century development priorities are evolving from its pursuit of Class A office space1 to adding housing that would transform downtown from a briefcase town to a vibrant and diverse 24-hour community with active street life. Since 2014, 881 apartments have been added downtown, with 477 more under construction, and 188 units in planning or design phases. [ read more ]

  • A look at Connecticut's Bioscience Industry Employment  April 2021 (4M) pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The events of the past year have highlighted the importance of Bioscience. The immediate need for pandemic mitigation resulted in a global mobilization that rapidly produced vaccines and increased medical equipment production. Bioscience Doesn't fall within a specific North American Industrial Classification System (NAICS) industry code and contains a broad cross-section of service industries and goods producing industries such as pharmaceutical, chemical, and medical device manufacturing.1 In February 2012, the Connecticut Economic Digest published an article on Bioscience which overviewed key industries that make up that sector in the state.2 The table below uses the bioscience industry cluster defined in that article and shows that in 2019 (the last year of annual data), the state had over a thousand Bioscience establishments that employed over 23,000 workers. This industry definition Doesn't account for the total impact of Bioscience on overall employment given spillover effects on other sectors such as Education and Health Care, and it Doesn't account for the total labor supply of available workers given that many employed in other forms of manufacturing or research & development have compatible occupational skills that would be relevant to an employer looking to expand in the state.

    The pie chart illustrates that across all Bioscience industries, about half are in the service sector and half are in the goods producing sector. Among the 8 industries, the largest two industries, Research & Development in Sciences (32%) and Medical Equipment & Supplies Manufacturing (28%) account for about half of Bioscience employment in the state. [ read more ]

  • CBD and THC: "High" Trends in Connecticut and the Nation.  December 2020 (1M) Pg.1-5
    Caroline Czajkowski, Department of Labor

    Cannabidiol (CBD) is a non-psychoactive natural compound primarily extracted from the hemp plant which is being investigated for numerous potential health benefits. Tetrahydrocannabinol (THC) is the chemical component in marijuana that causes the euphoric "high." In recent years the debate on CBD and THC has taken the nation by storm. Products can be purchased in a multitude of forms ranging from oils and cartridges to bath products. Proponents of both natural compounds claim that they have many therapeutic effects. However, critics are skeptical as limited research and data is currently available on both substances. With divided opinions on whether these compounds have beneficial or detrimental effects on both individuals and a society, it is noteworthy to investigate our nation and Connecticut's current standing on CBD and THC as well as the effects on our local economy.

    CBD is a cannabinoid, one of over 100 naturally occurring chemical compounds found in the cannabis plant. It can be derived from both hemp and marijuana plants. CBD extracted from hemp is federally legal in the United States, but if acquired from marijuana is classified as a schedule 1 drug. Unlike it's distant cousin THC, CBD is non-psychoactive, meaning it will not provide a hallucinatory effect which is associated with marijuana utilization.  [ read more ]

  • What Commuter Rail Brings to Central Connecticut  July 2020 (444K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Generational change for commuters arrived on June 18, 2018 as the Hartford Line passenger railroad, also known as CT Rail, began daily service between New Haven and Springfield, MA. Official rollout of the service began after a preview weekend so popular that trains had to intermittently stop taking passengers. The $768 million project came to life through a partnership among the Connecticut and Massachusetts state transportation departments, Amtrak, and several federal agencies. This article offers a brief look at CT Rail's vision and origin, its ridership, and development plans in various stages of completion since CT Rail's inception two summers ago. [ read more ]

  • Signs of Hope Despite Unprecedented Declines.  June 2020 (493K) Pg.1 & 5
    By Matthew Krzyzek, Economist, Department of Labor

    The global impact of COVID-19 has resulted in an unprecedented pause to economies all over the world. In April, U.S. payroll employment fell by 20.5 million jobs with declines reported in all 50 states. Connecticut lost a historic 266,300 net jobs, a -15.9% decline in just one month.

    As of early May 2020, approximately 300,000 Connecticut workers were receiving benefits. Compared to the 2009-2010 recession, 2020 claimants are more likely to be female, are younger on average, and are more likely to have worked in Accommodation & Food Service, Retail Trade, or Health Care & Social Assistance. The 2009-2010 recession saw the largest number of claims in manufacturing and construction. Workers in these industries are, on average, older and more likely to be male than workers in the economy as a whole. [ read more ]  

  • Connecticut's 2018 Work-Related Fatalities - Above Annual Average.  February 2020 (342K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 48 lives to work injuries in 2018, for a rate of 2.8 deaths per 100,000 full-time equivalent workers. An increase from 2017's count of 35, it is higher than Connecticut's annual average of 39 work-related deaths.

    The nation lost 5,250 lives to workplace injuries in 2018, an increase from 2017's 5,147 deaths. However, the fatal injury rate remained unchanged from 2017 - 3.5 per 100,000 full-time equivalent workers. The highest loss was seen in Texas with 488 deaths, followed by California with 422 deaths and Florida with 332 deaths. High rates were recorded in Wyoming (11.5) and Alaska (9.9). Delaware recorded both the lowest loss and the lowest rate with 7 deaths and a rate of 1.6.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,008, followed by transportation and warehousing with 874 deaths. The highest rate by industry was seen in truck transportation, with 28.3 deaths per 100,000 full time equivalent workers.

    With 13 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 27.1 percent of 2018's deaths. Administration and support and waste management and remediation services came in second with 12 deaths, accounting for 25.0 percent of total deaths. With an overall rate of 2.8, Connecticut saw a rate of 10.9 in construction, 10.2 in transportation and utilities, and 5.4 in professional and business services. Rates for other industry sectors did not meet publishing criteria. The government sector recorded 2 deaths. [ read more ]  

  • A Look at the Age Composition of Connecticut's Industries  July 2019 (392K) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The May 2019 Connecticut Economic Digest outlined top-line trends in Connecticut population, labor force participation, and employment to population ratios. As noted, overall labor force participation and employment to population ratios are up since the lows of 8 to 10 years ago. During this period, the median age in Connecticut increased to 40.9 by 2017, the 6th highest in the country. As the age composition of the overall Connecticut population changes, so Does the labor force. All industries are affected by population changes but some are facing particular challenges as a larger proportion of the workforce is nearing retirement age. [ read more ] 

  • The Higher Education / Workforce Report.  July 2019 (355K) Pg.4-5
    By Patrick.Flaherty, Director of Research, Department of Labor

    Most graduates of Connecticut's public colleges and universities work in Connecticut. Graduates from the wide range of programs are working in nearly every industry in our state. Shortly after leaving college, many graduates are employed in retail and food service. However, as time passes they are more likely to move to other industries such as manufacturing and health care. Average wages rise significantly in the years following graduation. [ read more ] 

  • The Growing Brewery Industry Employment Trend in Connecticut.  June 2019 (602K) Pg.1-5
    By Lincoln S. Dyer, Associate Economist, Department of Labor

    The craft beer industry, consisting of microbreweries, brewpubs, regional craft breweries, and contract brewing companies, has really established its calling in America over the last ten years. Overall total brewery employment in the U.S. (NAICS* code 31212), which also includes the large brand-name breweries, has grown from under 25,000 in the first quarter of 2010 to 81,180 in September 2019. This exciting brewery job growth is clearly being led by the craft beer industry portion. In Connecticut, with no large commercial breweries and mainly consisting of the craft beer industry segment, employment has grown from less than 15 in the first quarter of 2010 to close to 800 in December 2019 (780 jobs from 63 establishments). Notice the hockey stick or boomerang-like job growth since coming out the Great Financial Crisis shown in the chart. [ read more ]  

  • Connecticut's 2017 Work-Related Fatalities - Below Annual Average.  February 2019 (338K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 35 lives to work injuries in 2017. An increase from 2016's count of 28, it is still below Connecticut's annual average of 39 work-related deaths. At 1.9 deaths per 100,000 full-time equivalent workers, Connecticut had one of the lowest state rates. New Hampshire, New Jersey, and Rhode Island, all with a rate of 1.6, were the only states with lower rates. While our lower number and rate is primarily due to low employment in high-risk industries, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,147 lives to workplace injuries in 2017. The fatal injury rate decreased to 3.5 per 100,000 full-time equivalent workers from 3.6 in 2016. The highest loss was seen in Texas with 534 deaths, followed by California with 376 and New York with 313 deaths. Rhode Island recorded the lowest loss with 8 deaths. High rates were recorded in Alaska (10.2) and North Dakota (10.1).

    Nationally, the construction industry recorded the highest number of deaths at 971, followed by transportation and warehousing with 882. The highest rate by industry was seen in truck transportation, with 28.0 deaths per 100,000 full time equivalent workers. [ read more ]

  • Connecticut's Work-Related Fatalities in 2016.  February 2018 (331K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 28 lives to work injuries in 2016, decreasing from 2015's count of 44. This is the smallest loss since 2008. It is also below Connecticut's annual average of 39 work-related deaths. At 1.6 deaths per 100,000 fulltime equivalent workers, Connecticut had the lowest state rate, primarily due to lower employment in high-risk industries. However, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,190 lives to workplace injuries in 2016, the most since 2008. The fatal injury rate increased to 3.6 per 100,000 full-time equivalent workers from 3.4 in 2015. The biggest loss was seen in Texas with 545 work-related fatalities, followed by California with 376 and Florida with 309 deaths. Rhode Island recorded the fewest, with 9. High rates were recorded in Wyoming (12.3) and Alaska (10.6). Wyoming's highest rate was in the transportation and utilities industry, at 46.8. Alaska recorded a rate of 44.5 in manufacturing and 42.0 in transportation and utilities.

    Nationally, the construction industry recorded the biggest number of fatalities at 991, followed by transportation and warehousing with 825. The highest rate by industry was seen in truck transportation, with 25.6 deaths per 100,000 full time equivalent workers. [ download article only ] 

  • Robots in the Workplace: Threat or Asset?  July 2017 (337K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The latest breakthroughs in robotics and artificial intelligence have awakened fears that technological advances will lead to a large decrease in the overall level of employment and widespread unemployment. While there will be disruptions, and many occupations are at high risk of computerization over the next decade or two, the dynamic labor market continues to create opportunities for workers with the right skills and education. .  [ download article only ] 

  • Connecticut's Work-Related Fatalities in 2015.  February 2017 (334K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 44 lives to work injuries in 2015. With an increase from 2014's revised count of 35, this is the biggest loss since 2010. It is also above Connecticut's annual average of 39 work-related deaths. Nationally, a total of 4,836 fatal workplace injuries occurred in 2015. This was a slight increase from 2014's reported 4,821 deaths. However, the rate of fatalities per 100,000 full-time equivalent workers fell from 3.43 in 2014 to 3.38 in 2015. [ download article only ] 

  • Business Formation in Connecticut: 2000-2015.  August 2016 (328K) Pg.4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Secretary of the State's office maintains records of all business entities in the state. From these records, an aggregation of business type and location has produced interesting data on business formation change in Connecticut over time. This information is available publicly from 1980 to 2015 by business entity type and geographically down to town levels. This article examines business formation change from 2000-2015 and shows how recent cyclical factors have impacted business development in the state. [ download article only ]  

  • Connecticut's Work-Related Fatalities, 1992-2014.  December 2015 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Throughout our history, the American worker has labored not only to erect buildings and cities, but also to raise the standards of our Nation's workplaces. Through protests and picket lines, by organizing and raising their voices together, workers have won small and large victories that have pushed our country closer to ensuring safer and healthier jobs for all.

    Across the United States, as dedicated Americans clock in at factories, walk onto construction sites, put on their hospital uniforms, and report to do the daily work that drives our Nation's progress, they give meaning to the simple yet profound belief that if you work hard and take responsibility, you can get ahead. However, each year millions of people have their shifts cut short by work-related injuries and illnesses, and on average, 12 Americans lose their lives on the job every day." - President Barack Obama

    In 2014, America lost 4,679 people to work-related deaths. Thirty-three of those deaths were in Connecticut. Connecticut's "low" number is primarily due to low employment in high-risk industries. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One work-related death is one too many. [ download article only ] 

  • The Economic Impact of Tourism in Connecticut. May 2015 (367K) Pg.1-5
    Tourism Economics - Connecticut Department of Economic and Community Development

    Tourism is an important economic engine in Connecticut, and all business sectors in the state economy benefit from tourism activity directly and/or indirectly. Visitors to Connecticut represent a significant economic benefit as they spend money in the local economy on items such as lodging, food and beverage, retail purchases, and recreation. Visitor spending has an even larger impact as it ripples through the statewide economy, generating revenues and jobs for businesses spanning a wide range of industries. Since the recession, Connecticut's tourism industry has created 5,000 new jobs. Visitors to Connecticut spent $8.3 billion in 2013, generating a total economic impact of $14.0 billion, supporting nearly 119,000 total jobs.[ download article only ] 

  • Connecticut's Work-Related Fatalities, 1992-2013.  December 2014 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    "No one should have to sacrifice their life for their livelihood, because a nation built on the dignity of work must provide safe working conditions for its people." -Secretary of Labor Thomas E. Perez In 2013, work injuries claimed the lives of 4,405 workers in America. Twenty-six of those deaths occurred in Connecticut.

    Since 1992, the U.S. Department of Labor's Bureau of Labor Statistics has conducted the annual Census of Fatal Occupational Injuries (CFOI) to document workplace fatalities. Connecticut averages 39 workrelated fatalities annually with a high of 57 in 1998. In 2013, Connecticut saw the lowest recorded number of 26 lost workers. This "low" number is not statistically notable and cannot be attributed to a specific cause. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One workrelated death is one too many. As Dr. David Michaels, the Assistant Secretary of Labor for Occupational Safety and Health, states, "Making a living shouldn't have to cost you your life. Workplace fatalities, injuries, and illnesses are preventable. Safe jobs happen because employers make the choice to fulfill their responsibilities and protect their workers." [ download article only ] 

  • Connecticut's Bioscience Industry: An Update.  February 2012 (415K) Pg.1-3 & 5
    By Stan McMillen, Ph.D., Managing Economist, DECD, Stan.McMillen@ct.gov & Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    The "Bioscience Connecticut" initiative that emerged in May 2011 is an $864 million investment that intends to make the University of Connecticut's Health Center (UCHC) a hub of research and clinical work in bioscience. This initiative reinforces the state's ongoing and renewed commitment to make Connecticut a leader in the bioscience industry. The "Bioscience Connecticut" initiative anticipates creating 3,000 jobs annually from 2012 through 2018 in the construction of a new patient tower and ambulatory care facility and renovations to existing research facilities. The plan estimates the creation of 16,400 jobs through 2037, a doubling of federal and industry research grants, as well as increased access to high quality health care, increased medical and dental school enrollments (+30%) and an increase in the number of primary and specialty care clinicians to meet forecasted workforce shortages and increased demand for healthcare services.  [ download article only ] 

  • Connecticut's Defense-Related Industry: Spending, Employment, and Dependency  September 2011 (421K) Pg.1-3, 5
    By Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    This article examines how Connecticut's defense industry has fared in recent years and how much the overall state economy depends on it. When last reported in this publication (August 1996 and February 2005), from 1985 to 1995 U.S. federal defense procurement had dropped precipitously by 43% from $179 billion in 1985 to $101 billion in 1995. It was $327.5 billion in federal fiscal year (FFY) 2009. This was in part attributable to the "peace dividend" following the end of the Cold War. In Connecticut defense procurement also dropped significantly over the same period by 64%, from $7.1 billion to $2.5 billion (in fixed 1992 dollars). This trend has been thoroughly reversed by one of the largest surges in national security spending in the state's history. [ download article only ]  

  • Manufacturing Isn't Dead: It Doesn't Even Look That Way!  April 2011 (421K) Pg.3
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Some have erroneously declared manufacturing "dead," particularly in a state like Connecticut that has seen manufacturing's share of total employment fall nearly in half in the past twenty years. But this pronouncement is not just "premature" (to quote Mark Twain) but completely unwarranted. While a smaller share of total employment, manufacturing is and will continue to be a vital component of Connecticut's economy and labor market, and Connecticut will remain a place where manufacturers can grow and prosper. [ download article only ]  

  • A detailed look at Connecticut industry in 2003. August 2004, (228K) Pg.1,5.

  • Aerospace. August 2001, (211K) Pg.5.

  • Business Services - Assisting Connecticut's Economy. January 2003, (248K) Pg.3-4.

  • Child Day Care Services. December 2001, (238K) Pg.5.

  • Computer services industry expanding at a Pentium speed. November 1997, (227K) Pg.3 - 4.

  • Connecticut Agriculture: A Growing Industry. June 1999, (311K) Pg.3-4.

  • Connecticut Industry Employment Mid-Term Outlook to Second Quarter 2006. November 2004, (230K) Pg.1-3,5.

  • Connecticut industry employment outlook to fourth quarter 2004. November 2003, (222K) Pg.5.

  • Connecticut Manufacturing - Is There Reason for Optimism? April 2000, (179K) Pg.1-4.

  • Connecticut's Bioscience Industry: A Brief History. May 2007, (545K) Pg.1-5.

  • Connecticut's Drug Sector: Healthy, Wealthy, and Getting Wiser. October 1998, (290K) Pg.1- 4.

  • Connecticut's Film Tax Credit: An Analysis of the First-Year Impact. July 2008, (415K) Pg.1-2, 5.

  • Connecticut's international seaports and airport. February 1998, (238K) Pg.1-2.

  • Construction Strikes Back. September 2000, (183K) Pg.1-4.

  • Eat, drink and be merry- (restaurant) industry is companion to the economy. January 1998, (227K) Pg.3-4.

  • Employment in private defense-related industries drops again in 1995. August 1996, (323K) Pg.4.

  • Government Sector Trends. February 2002, (207K) Pg.1-2.

  • Growth Momentum September 2001, (233K) Pg.5.

  • Health services employment undergoes change. April 1997, (316K) Pg.1-4.

  • Highlighting Connecticut's growing plastics industry. February 1997, (303K) Pg.3.

  • Information Technology Helps Pace Job Growth. October 1999, (281K) Pg.1- 4.

  • Instruments and Related Products. June 2002, (232K) Pg.5.

  • Insurance Carriers and Agents. April 2002, (228K) Pg.1-5.

  • Keep Connecticut's Home FIRE Burning. June 2000, (184K) Pg.1- 4.

  • Local and Interurban Transit. December 2002, (238K) Pg.5.

  • Machinery industry examined. January 1997, (315K) Pg.1-3.

  • Much Ado About Services. December 1999, (182K) Pg.1-4.

  • Retail: Help Wanted! December 1998, (285K) Pg.1-4.

  • Security and Commodity Brokerages. February 2001, (231K) Pg.5.

  • State Wholesale Trade Examined. February 2001, (231K) Pg.1-2.

  • Transportation and Public Utilities: Economics in Motion August 2000, (180K) Pg.1-2, 4.

  • Which Industries are Important to Connecticut? October 2000, (184K) Pg.1-4.

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  • Bioscience Industry Employment Trends, 2001-2023. July 2024 (4.5M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's bioscience cluster includes advanced manufacturing and service sector Research and Development (R&D) industries focused on the design and production of pharmaceuticals and other medical equipment and technology.

    Figure 1 shows annual average Bioscience employment from 2001 to 2023. Overall, Bioscience employment fell from 2001 to 2017, driven by declines in its manufacturing component industries. The combined Bioscience cluster grew 2.5% and 4.4% in 2018 and 2019. After a slight 0.3% dip from 2019 to 2020, the cluster grew by 6.2% and 5.1% in 2021 and 2022. Bioscience fell slightly in 2023, down 344 or -1.3% in 2023 but the number of establishments increased. [ read more ]

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • Robots in the Workplace: Threat or Asset?  July 2017 (337K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The latest breakthroughs in robotics and artificial intelligence have awakened fears that technological advances will lead to a large decrease in the overall level of employment and widespread unemployment. While there will be disruptions, and many occupations are at high risk of computerization over the next decade or two, the dynamic labor market continues to create opportunities for workers with the right skills and education. .  [ download article only ] 

  • Anchor Institutions and the Innovation Economy.  June 2017 (336K) Pg.1,2,5
    By Al Sylvestre, Research Analyst, Department of Labor

    Anchor Institution Characteristics
    Hospitals and institutions of higher learning deploying their considerable resources to promote neighborhood revitalization through economic development are known as anchor institutions. Often acting in concert with nonprofit and public agencies, anchor institutions create opportunities for home ownership among low- and moderate-income households as well as supporting educational and apprenticeship programs for disadvantaged youth to prepare them for gainful employment.

    This article offers a brief look at two prominent Connecticut anchor institutions and others throughout the country as examples of how institutional self-interest and philanthropy have successfully combined to drive the revitalization of the communities that host these institutions. If these institutions continue to be nourished by capital, innovation, and the commitment of community and social resource providers, the possibility remains that impoverished communities can flourish through the perseverance of individuals and institutions that see potential in their neighborhoods. [ download article only ] 

  • Connecticut's Bioscience Industry: An Update.  February 2012 (415K) Pg.1-3 & 5
    By Stan McMillen, Ph.D., Managing Economist, DECD, Stan.McMillen@ct.gov & Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    The "Bioscience Connecticut" initiative that emerged in May 2011 is an $864 million investment that intends to make the University of Connecticut's Health Center (UCHC) a hub of research and clinical work in bioscience. This initiative reinforces the state's ongoing and renewed commitment to make Connecticut a leader in the bioscience industry. The "Bioscience Connecticut" initiative anticipates creating 3,000 jobs annually from 2012 through 2018 in the construction of a new patient tower and ambulatory care facility and renovations to existing research facilities. The plan estimates the creation of 16,400 jobs through 2037, a doubling of federal and industry research grants, as well as increased access to high quality health care, increased medical and dental school enrollments (+30%) and an increase in the number of primary and specialty care clinicians to meet forecasted workforce shortages and increased demand for healthcare services.  [ download article only ] 

  • 12th Business Training Network Focuses on Attracting Maritime Workers. January 2003, (248K) Pg.7.

  • 1999 Legislation Planned. February 1999, (429K) Pg.3.

  • Access 2001 Winners Named. December 2001, (238K) Pg.7.

  • Aerospace Core Created. January 2000, (176K) Pg.3.

  • Agriculture Announced as State's Newest Cluster. May 2002, (203K) Pg.7.

  • A Look at Connecticut's Industry Clusters. October 2005, (570K) Pg.1.

  • Bioscience Leader Pfizer - a Catalyst in New London. October 2001, (238K) Pg.7.

  • BioScience Update. April 2001, (230K) Pg.3.

  • Bio-tech cluster advances. August 1998, (177K) Pg.3.

  • Bradley at Crossroads. June 2000, (184K) Pg.3.

  • Business Training Grants. November 1999, (194K) Pg.3.

  • Call for 2002 Inner City Entrepreneurship Award Entries. November 2001, (237K) Pg.7.

  • China trade impacts state. July 1998, (397K) Pg.3.

  • Cities Championed. July 2000, (176K) Pg.3.

  • Cluster Activation. February 2000, (176K) Pg.3.

  • "Cluster-Based" Exports Proposed. September 1998, (272K) Pg.3.

  • "Cluster Bill" passes both houses. June 1998, (236K) Pg.3.

  • Cluster Initiative recognized. June 2003, (220K) Pg.5.

  • Cluster Supply Chains. April 1999, (321K) Pg.3.

  • Connecticut Emerging as "Hot Spot" for Bioscience and Information Technology. May 2002, (203K) Pages 4-5.

  • Connecticut Information Technology: Powering the Economy. May 2003, (253K) Pg.1-5.

  • Connecticut Receives Top Honors At ICIC-INC Magazine Inner City 100 Ceremony. June 2002, (232K) Pg.7.

  • CT Scores Straight A's on National Economic Development Report Card. January 2002, (226K) Pg.3.

  • CURE Leads Bioscience. November 1998, (287K) Pg.3.

  • DECD Recognized for Economic Development Efforts. April 2002, (228K) Pg.3.

  • Economic Board Convened. December 1998, (285K) Pg.3.

  • Entrepreneurship Awards. June 2001, (375K) Pg.3.

  • Exports Up 1.5 Percent. October 1998, (290K) Pg.3.

  • First Business Training Network to Enter Phase Two Development July 2002, (239K) Pg.7.

  • Focus on Bradley. January 2001, (249K) Pg.3.

  • Going Global. October 2000, (184K) Pg.3.

  • Grant Establishes Greater Valley Manufacturing Training Network. October 2002, (235K) Pg.7.

  • Human Resources. September 1999, (178K) Pg.3.

  • Industry clusters report to governor. July 1997, (185K) Pg.1-3.

  • Industry clusters revisited. October 1996, (305K) Pg.1-3.

  • Inner City 10. November 2000, (181K) Pg.3.

  • Insurance and Financial Services Cluster Announced. December 2002, (238K) Pg.7.

  • Lean Manufacturing To Be Promoted. March 1999, (449K) Pg.3.

  • Legislature, Governor Advance Cluster Initiatives. September 2001, (233K) Pg.5.

  • Lights, Sound, Action! Movie, TV and Sound Production in CT. February 2006, (611K) Pg.5.

  • Major Steps Taken in Hartford's Inner City Business Strategy. September 2002, (268K) Pg.7.

  • Manufacturing Progress. April 2000, (179K) Pg.3.

  • Maritime Cluster Outlines Transportation Recommendations. February 2003, (254K) Pg.7.

  • Maritime Launched. March 2001, (226K) Pg.3.

  • Meeting Local Demand. August 1999, (188K) Pg.3.

  • META Leads New Clusters. May 2001, (378K) Pg.3.

  • New Marketing Campaign and Bioscience Office Announced. February 2002, (207K) Pg.3.

  • Out-of-state Executives Impressed with Connecticut August 2002, (247K) Pg.7.

  • Pfizer to build clinical research unit in New Haven. March 2003, (266K) Pg.5.

  • Pilot Financing Program for Bioscience Announced. November 2002, (238K) Pg.7.

  • Progress Reported. January 1999, (281K) Pg.3.

  • Q2 YTD Exports Even. October 1999, (281K) Pg.3.

  • Regional Links. July 1999, (192K) Pg.3.

  • Smart Start Up. August 2000, (180K) Pg.3.

  • Software/IT Announced. December 1999, (182K) Pg.3.

  • Software/IT Success. February 2001, (231K) Pg.3.

  • State Acclaimed. December 2000, (173K) Pg.3.

  • Statewide Call. July 2001, (215K) Pg.3.

  • Teaching Entrepreneurship. August 2001, (211K) Pg.7.

  • The British are Coming! The British are Coming! April 2003, (236K) Pg.7.

  • Tourism: an economic driver. September 1997, (170K) Pg.1-2.

  • Tourism Impact Up. March 2000, (181K) Pg.3.

  • Urban Clusters. May 1999, (273K) Pg.3.

  • Urban Clusters II. June 1999, (311K) Pg.3.

  • Workforce Development. May 2000, (178K) Pg.3.

  • You Belong in Connecticut September 2000, (183K) Pg.3.

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  • Most Towns Experienced Decreases in the Unemployment Rate in 2023.  June 2024 (4.5M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2023, the annual average statewide unemployment rate was 3.8%, down from 4.1% in 2022. As the labor force bounced back for the third year from the impact of the COVID-19 pandemic, most of the municipalities continued to experience a decrease in their unemployment rate last year.

    2022 to 2023
    The unemployment rate in 89% of the cities and towns in the state fell in 2023. Washington had the lowest unemployment rate of 2.3%, while the residents of Waterbury experienced the highest rate of 5.9% last year (see table on page 3 for the complete town data). Overall, a total of 131 cities and towns had jobless rates below the 2023 statewide figure of 3.8%, 30 had rates above it, and 8 had rates equal to it. By comparison, 125 cities and towns had rates below the 2022 statewide average of 4.1%, 38 above it, and 6 were the same.

    Of the five largest cities in the state with a population of 100,000 or more, Stamford had the lowest unemployment rate of 3.5% in 2023. Waterbury posted the highest jobless rate among the large cities at 5.9%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Short-Term Employment Projected to Grow Modestly Through 2025.  May 2024 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add almost 30,000 jobs through the end of the short-term projections period (2nd quarter 2025). In addition to that net increase, the state is projected to have over 425,000 openings across all occupational categories and every educational level. The industries driving this growth include Health Care, Educational Services, Manufacturing, and Transportation & Warehousing. Through 2025Q2, we project overall employment in Connecticut to increase by 1.6% from 1,824,865 to 1,854,557 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 2.1% and the Service-Providing sector is projected to grow by 1.5% over two years. This latter sector represents 86.6% of industry employment in the state. The current projections round spans the second quarter of 2023 to the second quarter of 2025.

    Projections by Industry
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. Among the 20 industry groups shown in Figure 1 (page 3), 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+9,255), Educational Services (+2,954), Manufacturing (+2,787), and Transportation & Warehousing (+2,692). [ read more ]

  • Connecticut's Population Gains.  April 2024 (4M) Pg.1-3
    By Patrick.Flaherty, Director of Research

    The latest population estimates from the U.S. Census Bureau show that Connecticut's population increased by 8,470 in 2023 with births outnumbering deaths by 2,115 and net migration from other states and countries totaling 6,248. While it will be some months before a breakdown by state and age will be available for 2023, the available data through 2022 show encouraging signs for Connecticut.. [ read more ]

  • Connecticut's Work-Related Fatality Rate Second Lowest in Nation for Two Years in a Row.  February 2024 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 34 lives to work injuries in 2022, for a rate of 2.0 deaths per 100,000 full-time equivalent workers. This is an increase from 2021's 23 deaths but is below Connecticut's annual average of 38 work-related deaths (Chart 1). Only one other state - Rhode Island - recorded a rate lower than Connecticut's (Table 1).

    The nation lost 5,486 lives to workplace injuries in 2022, an increase from 2021's 5,190 deaths. The fatal injury rate increased from 3.6 per 100,000 full-time equivalent workers in 2021 to 3.7 in 2022. The highest loss was seen in Texas with 578 deaths, followed by California with 504 deaths and Florida with 307 deaths. High rates were recorded in Wyoming (12.7) and North Dakota (9.8). Rhode Island had 7 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,069 followed by transportation and warehousing with 1,053 deaths. Together, these two industries account for 39 percent of deaths.

    The construction industry and the transportation and warehousing industry each had 9 deaths in Connecticut. Together, they accounted for 53 percent of 2022's deaths. Manufacturing came in third with 4 deaths, or 11.8 percent of total deaths (Table 2). With an overall rate of 2.0, Connecticut saw a rate of 9.4 in transportation and utilities and 6.7 in construction. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • Summary of Boston Consulting Group's Report: "Getting Young People Back on Track"  December 2023 (4.3M) Pg.1-5
    By Xian Guan, Associate Research Analyst, Department of Labor

    In October 2023, the Boston Consulting Company (BCG) released "Getting Young People Back on Track," an important blueprint for identifying and re-engaging disconnected and at-risk youth. The report was produced using data from the state's P20 WIN project and reached audiences including policymakers, youth services professionals, safety net service agencies, and media outlets. To further the efforts to reach at-risk young people, the Connecticut Department of Labor (CTDOL) presents the report's key findings followed by a synopsis of how the underlying data was compiled through the Connecticut longitudinal data system, P20 WIN. Additionally, CTDOL's Research Unit, a P20 WIN partner, offers three data-driven recommendations for future research.

    At-Risk and Disconnected Young People
    "Getting Young People Back on Track" concluded that during the 2021-2022 school year Connecticut had 119,000 youth between 14-26 years old who are either disconnected or at risk. Using the below definitional framework, this total is comprised of 63,000 disconnected and 56,000 at-risk youth.

    On-track: young people aged 14-26 who are engaged in the educational system or on-track for gainful employment.

    At-risk: three sub-populations-off-track, those students who do not meet state credit attainment requirements; at-risk due to other factors, such as absenteeism and/or behavioral issues; and severely off-track, those students are off-track and display additional risk factors. [ read more ]

  • All State Economic Indexes Rose Again in 2022.  October 2023 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the second year in a row, all state economic indexes increased last year. Connecticut had the twelfth-highest 2022 growth in the nation at 17.8%, exceeding the nation's 17.6% increase. Rhode Island, Colorado, Missouri, and New Jersey grew the most in 2022 while Washington, Kentucky, Nebraska, and Utah were the slowest.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2023 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2022 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate.

    Business establishments are the physical work units located in the state. Employment is the number of payroll employees in the establishments that are located in the state who are covered under the unemployment insurance law (nearly the universe count of all the payroll employees in each state). Average annual pay is the aggregate wages earned divided by the total average employment. Establishments, employment, and wages are proxies for each state's business activities and its overall economic strength, while the unemployment rate measures the overall economic health of each state's working residents. [ read more ]

    Download SEI 2010-2022 data.xlsx

  • All of Connecticut Town Economic Indexes Recover in 2022.  September 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as all municipalities' indexes rose in 2022, a recovery for all 169 cities and towns that fell in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2022 data.xlsx

  • The Unemployment Rate of All Towns Fell in 2022.  June 2023 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2022, the annual average statewide unemployment rate was 4.2%, down from 6.3% in 2021. As the labor force bounced back for the second year from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2021 to 2022
    The unemployment rate in all 169 cities and towns in the state fell in 2022. Roxbury had the lowest unemployment rate of 2.5%, while the residents of Hartford experienced the highest rate of 6.5% last year (see table on page 3 for the complete town data). Overall, a total of 128 cities and towns had jobless rates below the 2022 statewide figure of 4.2%, 37 had rates above it, and 4 had rates equal to it. By comparison, 134 cities and towns had rates below the 2021 statewide average of 6.3%, 30 above it, and 5 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.9% in 2022. Hartford posted the highest jobless rate among the large cities at 6.5%. All five cities experienced over-the-year unemployment rate decreases.  [ read more ]

  • Short-Term Employment Projections Through 2024.  April 2023 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add jobs through the end of the short-term projections period. Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The current round spans the second quarter of 2022 to the second quarter of 2024. Through 2024Q2, we project overall employment in Connecticut to increase by 2.5% from 1,800,395 to 1,845,444 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 3.7% and the Service-Providing Sector is projected to grow by 2.2% over two years. This latter sector represents 86.7% of industry employment in the state.

    Projections by Industry
    Among the 20 industry groups shown in figure 1, 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+6,156), Accommodation & Food Services (+5,493), Manufacturing (+5,478), and Transportation & Warehousing (+4,643). These four industries account for more than half of the projected overall growth across all industries. The projected Health Care growth will bring that industry to early 2020 pre-pandemic employment levels. Accommodation & Food Services was one of the hardest hit industries during the COVID-19 lockdown and fell by almost 50% during the first half of 2020 from 134,000 to 71,000. That industry is projected to increase to almost 138,000 workers by the second quarter of 2024, exceeding 2020 pre-pandemic levels but still down from a series high of 144,000 reached in late 2019. The gains in Manufacturing are driven in large part by Transportation Equipment Manufacturing (NAICS 336), which is projected to account for 2,957 of the 5,478 job increase projected for the overall sector. Transportation & Warehousing quickly rebounded from the COVID-19 lockdown and added jobs throughout the recovery. The industry was up 14,500 jobs or 25% from 2020Q2 to 2022Q2 and is expected to continue to grow by 7% through 2024Q2. [ read more ]

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • Connecticut's Economy Recovers to its Pre-Pandemic Level in 2022  March 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Connecticut employment continued to improve for the second year in a row, nearly completely recovering to the pre-pandemic levels. The revised annual average total nonfarm employment rose 3.1% to a level of 1,665,600 in 2022. Correspondingly, last year's annual average unemployment rate dropped significantly to 4.2% from 6.3% in 2021. In fact, 2022 economy recovered the strongest over the last nine years as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2022 Connecticut regained 49,300 jobs (3.1%), more than the gain of 45,600 jobs (2.9%) in 2021. In the nation employment rose faster at 4.3% in 2022, after having increased 2.9% in 2021.

    As shown in Chart 1, all but one of Connecticut's industry sectors bounced back last year. Ten of eleven major industry sectors have added jobs back over the year, while mining was unchanged. The biggest recovery occurred in leisure and hospitality (10.9%), other services (4.8%), and information (3.7%). Leisure and hospitality was also the biggest job gainer (14,700), followed by education and health services (8,300). Financial activities (0.2%) and government (1.3%) posted the slowest job growth in 2022. [ read more ]  

  • Connecticut's Work-Related Fatality Rate Second Lowest in Nation.  January 2023 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 23 lives to work injuries in 2021, for a rate of 1.4 deaths per 100,000 full-time equivalent workers. This is the lowest recorded number of deaths since the program began in 1992. This is a decrease from 2020's 29 deaths and is below Connecticut's annual average of 38 work-related deaths (Chart 1). Only one other state - Rhode Island - recorded a rate lower than Connecticut's (Table 1).

    The nation lost 5,190 lives to workplace injuries in 2021, an increase from 2020's 4,764 deaths. The fatal injury rate increased from 3.4 per 100,000 full-time equivalent workers in 2020 to 3.6 in 2021. The highest loss was seen in Texas with 533 deaths, followed by California with 462 deaths and Florida with 315 deaths. High rates were recorded in Wyoming (10.4) and North Dakota (9.0). Rhode Island had 5 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 986, followed by transportation and warehousing with 976 deaths. Together, these two industries account for 38 percent of deaths.

    With 6 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 26.1 percent of 2021's deaths. Administrative and waste services came in second with 5 deaths, accounting for 21.7 percent of total deaths (Table 2). With an overall rate of 1.4, Connecticut saw a rate of 5.2 in construction and 2.5 in professional and business services. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • STEM To Grow Faster Than Overall Occupations Through 2030.  December 2022 (5M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Science, Technology, Engineering, and Math (STEM) occupations are projected to grow faster than all occupations in Connecticut through 2030. These high-growth, good-paying occupations are distributed throughout most major industries in the state and include a variety of career opportunities for Connecticut workers.

    The Connecticut Department of Labor discussed our 2020-2030 long-term projections in the September 2022 edition of the Connecticut Economic Digest. That article noted expectations of employment increasing by 201,000 jobs in Connecticut from 2020 to 2030. The industries projected to drive this overall growth include Accommodation & Food Services, Health Care, Transportation & Warehousing, and Professional, Scientific, & Technical Services. The long-term projections are conducted every two years by all 50 states and major territories at the industry and occupational level. This article focuses on STEM occupations within the long-term projections to illustrate employment expectations for this important segment of the Connecticut economy.

    Top Ten STEM Occupations in CT
    The ten largest STEM occupations account for 57% of overall STEM employment in the state. Among these ten occupations, four are computer occupations (SOC-15), three are engineering (SOC-17), two are management (SOC-11), and one involves sales (SOC-41). The largest STEM occupation in the state, Software Developers & Analysts (15-1256) had 2020 employment of 19,130 and is expected to grow by 5,280 or 28% to 24,410 by 2030. The other STEM occupations in Figure 1 are projected to grow between 8% and 22% through 2030. These occupations have annual average wages of between $63,380 (Computer User Support Specialist) and $150,629 (Computer & Information Systems Managers). STEM occupations earned an average of $103,214 overall in 2021, which compares favorably to $67,169 earned on average for all employment in the state [ read more ]

  • 2021 Economic Indexes Rebounded in All States.  November 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Economic indexes bounced back last year in all states after having fallen in 2020. Forty-nine states (including Connecticut) had faster growth in 2021 than in 2019 - the last pre-pandemic year while one state matched the 2019 pace.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2022 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census of Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2021 period.

    These indexes provide a measure of the overall economic strength of each state. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2021 data.xlsx

  • Nearly All of Connecticut Town Economic Indexes Recover in 2021.  October 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as 99% of municipalities' indexes rose in 2021, after all of 169 cities and towns having fallen in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2021 data.xlsx

  • Long Term Industry and Occupational Projections: 2020-2030.  September 2022 (4.3M) Pg.1-5
    By Matthew Krzyzek, Economist and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut's employment is projected to increase by more than 201,000 jobs over the ten-year period ending in 2030. This 12% increase is 4.3 percentage points above the U.S. projection of 7.7%. Every two years, the U.S. Bureau of Labor Statistics produces 10-year projections of the U.S. labor force and employment by industry and occupation. This process is replicated at the state level to produce a detailed overview of the expected direction of the labor market in Connecticut.

    Effects of COVID-19 on the 2020-30 Projections
    The COVID-19 pandemic triggered a steep and short U.S. recession from February to April 2020.1 The impact of this translates to lower base-year values than earlier rounds of long-term projections. This results in higher projected employment growth, particularly in the industries and occupations that had the largest COVID-19 declines.2 These projections assume a full-employment economy, and many industries heavily impacted by COVID-19 are projected to have higher growth than would occur if the base year was not so low due to the recession.

    In addition, some industries and occupations have seen a change in long-term demand as a result of the pandemic. Industries that are expected to see long-term increased growth include computer-related occupations such as those that relate to telework computing infrastructure and IT security. On the other hand, Retail Trade is expected to experience an amplification of its long-term declines due to changes in consumer behavior that will outlast the pandemic. [ read more ]

  • 2021 Unemployment Rate by Town.  June 2022 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2021, the annual average statewide unemployment rate was 6.3%, down from 7.8% in 2020. As the labor force bounced back from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2020 to 2021
    The unemployment rate in all 169 cities and towns in the state fell in 2021. Cornwall had the lowest unemployment rate of 3.7%, while the residents of Hartford experienced the highest rate of 11.0% last year (see table on page 3 for the complete town data). Overall, a total of 134 cities and towns had jobless rates below the 2021 statewide figure of 6.3%, 31 had rates above it, and 4 had rates equal to it. By comparison, 127 cities and towns had rates below the 2020 statewide average of 7.8%, 39 above it, and 3 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 5.7% in 2021. Hartford posted the highest jobless rate among the large cities at 11.0%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Job Openings Growth and the Tight Labor Market in Connecticut.  June 2022 (4M) Pg.1,4-5
    By Matthew Krzyzek, Economist, Department of Labor

    As the global economy recovers from the tumultuous impacts of COVID-19, its continued effect on labor markets is illustrated by a look at the BLS Job Openings and Labor Turnover Survey (JOLTS). The JOLTS survey provides information on labor demand and turnover at the U.S., regional, and most recently at the state levels.1 This information includes estimates of job openings, new hires, layoffs, quits, and other labor market movements.

    In the year before the early 2020 COVID-recession, the economy had a tight labor market. The unemployment rate was below 4% and the U.S. and Northeast both had more openings than unemployed workers throughout the year. Figure 1 shows the number of job openings per unemployed worker from early 2019 through March 2022. This ratio experienced an unprecedented decline during early 2020. In February 2020, Connecticut had 1.05 job openings per unemployed worker, a level in line with the Northeast (1.07). The U.S. rate was higher. Two months later, as COVID-related unemployment spiked, there were only 0.33 openings per unemployed worker in Connecticut and 0.20 in both the Northeast and U.S. Put another way, in April 2020, there were three unemployed workers per opening in the state, and five unemployed workers per opening in the Northeast and U.S. [ read more ]

  • Short-Term Employment Projections Through 2023.  May 2022 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past two years have been a period of unprecedented economic change during which labor markets adapted to COVID-19 mitigation. In early 2020, the US economy had a 2-month recession, the shortest on record.1 Employment peaked in February at 152.5 million and fell by 22 million two months later. Employment began to quickly rebound and more than half of the 22 million jobs lost were recovered by September 2022. The most recent month of data marks two years from the February 2020 pre-COVID employment peak and show that the current employment level has recovered 92.8% of jobs lost nationwide during the recession.

    Figure 1 shows the impact of the COVID-19 recession and recovery on northeast states through March 2022. Every northeast state had 2020 percent losses that were steeper than the U.S. Connecticut's 17% decline was the second lowest in the Northeast. Adjacent states of Massachusetts, New York, and Rhode Island had respective drops of 18.4%, 20.2%, and 21.3%. In the two years since the February 2020 peak, Connecticut has recovered 81.8% of the jobs lost during the COVID-recession, more than New York (76.4%), but less than Massachusetts (87.1%) and Rhode Island (85.1%). [ read more ]  

  • Connecticut's Economy Rebounds in 2022  March 2022 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Though not completely recovered, Connecticut employment turned around last year following the severely COVID-19 pandemic-impacted 2020. The revised annual average total nonfarm employment rose 2.7% to a level of 1,613,000. Correspondingly, last year's unemployment rate dropped to 6.3% from 7.8% in 2020. Overall, 2021 economy recovered to a similar strength of 2018, as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2021 Connecticut regained 42,300 jobs (2.7%), after having lost 125,400 jobs, or -7.4% in 2020. Meanwhile in the nation employment rose 2.8% in 2021, after having shed 5.8% in 2020.

    As shown in Chart 1, most of Connecticut's industry sectors partially bounced back last year. In fact, seven of eleven major industry sectors have added jobs back over the year. The biggest recovery occurred in leisure and hospitality (14.1%), construction (4.6%), and trade, transportation and utilities (4.4%). Leisure and hospitality was also the biggest job gainer (16,500), followed by trade, transportation, and utilities (12,100). On the other hand, manufacturing (-0.3%) and government (-0.3%) lost jobs over the year. The biggest job loss was in financial activities (-2,500, -2.1%).  [ read more ]  

  • Connecticut's Work-Related Fatalities Third Lowest in Nation.  February 2022 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 29 lives to work injuries in 2020, for a rate of 1.8 deaths per 100,000 full-time equivalent workers. While this is an increase from 2019's 26 deaths, it is below Connecticut's annual average of 38 work-related deaths. Only two other states – Delaware and Rhode Island – recorded rates lower than Connecticut's

    The nation lost 4,764 lives to workplace injuries in 2020, a decrease from 2019's 5,333 deaths. This is the lowest annual number since 2013. The fatal injury rate dropped from 3.5 per 100,000 full-time equivalent workers in 2019 to 3.4 in 2020. The highest loss was seen in Texas with 469 deaths, followed by California with 463 deaths and Florida with 275 deaths. High rates were recorded in Wyoming (13.0) and Alaska (10.7). Rhode Island had 5 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,008, followed by transportation and warehousing with 805 deaths. Together, these two industries account for 38 percent of deaths.

    With 9 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 31.0 percent of 2020's deaths. Transportation and warehousing came in second with 7 deaths, accounting for 24.1 percent of total deaths. With an overall rate of 1.8, Connecticut saw a rate of 8.3 in construction. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • LEHD: Data that Help Better Explain the Connecticut Labor Market.  December 2021 (4.7M) Pg.1-5
    By Patrick.Flaherty, Director of Research and Matthew Krzyzek, Economist, Department of Labor

    Connecticut has now regained 73% of the jobs lost during the COVID-19 shutdown and the unemployment rate has fallen to 6.4% as of October 2021. These numbers give a "snapshot" of economic conditions based on the Current Employment Statistics (CES) and Local Area Unemployment Statistics (LAUS), two surveys that provide a timely picture of Connecticut's labor market conditions.

    While not as timely, more detail regarding the workings of the labor market is available through the Longitudinal Employer-Household Dynamics (LEHD) data published by the U.S. Census Bureau. This data is possible due to the Local Employment Dynamics (LED) partnership between the Census Bureau and state workforce agencies including the Connecticut Department of Labor. [ read more ]

  • Responding to the COVID-19 Economic Crisis: One City's Story.  November 2021 (4M) Pg.1-5
    By Dean Mack, Economic Development Officer, City of New Haven

    As in the rest of the world, the economy in the City of New Haven has been heavily impacted by COVID 19. Quantitative data has proven to be one of our most reliable methods for understanding the development of the COVID 19 crisis and especially its impacts on our businesses. Continued unemployment claims topped out at 10,000 in April 2020, which made up over 15% of our labor force, and remained above 6,000 until July 2021. At least 66 businesses closed permanently, City parking revenues plummeted from over $100,000 per week in February 2020 to below $5,000 per week in April 2020, and downtown pedestrian counts dropped from over 65,000 per week to 11,000 during the same time span. These data points help us review the arch of the economic crisis with an added level of understanding that we did not always have as events were unfolding around us.

    As the crisis hit, the City was focused on immediate response in terms of public health, the continuity of government and supporting our economy. Federal assistance programs were being created to replace income or provide temporary or permanent relief from required payments like taxes, mortgage, and loans to businesses. Local economic development activities shifted to crisis response and triage as economic impacts rolled in. In addition to assisting through locally-funded programs, like the New Haven digital marketplace and Eat New Haven marketing program, the City also became a resource center, identifying and understanding Federal and State assistance programs and connecting businesses with applications. [ read more ]

  • All State Economic Indexes Fell in 2020 Due to the COVID Pandemic.  October 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Because of the COVID-19 pandemic, all state economic indexes fell over the year. After annual revisions, Connecticut ranked 35th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2020, down from the 25th position in 2019. Utah came in first in the nation with the highest index of 143.1 last year, while Hawaii placed last (103.3). Our state's index of 114.2 was below the nationwide value of 119.8

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2021 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2020 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2020 data.xlsx

  • All of Connecticut Town Economic Indexes Fell in 2020 Due to the COVID-19 Pandemic.  September 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy shrank last year because of the COVID-19 pandemic, as all of 169 municipalities' fell in 2020. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2020 data.xlsx

  • 2020 Unemployment Rate by Town.  June 2021 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2020, the annual average statewide unemployment rate was 7.9%, up from 3.6% in 2019. Due to the COVID-19 pandemic, all 169 municipalities experienced an increase in their unemployment rate last year.

    2019 to 2020
    The unemployment rate in all 169 cities and towns in the state rose in 2020. Sharon had the lowest unemployment rate of 4.4%, while the residents of Norwich experienced the highest rate of 14.0% last year (see table on page 3 for the complete town data). Overall, a total of 127 cities and towns had jobless rates below the 2020 statewide figure of 7.9%, 40 had rates above it, and 2 had rates equal to it. By comparison, 126 cities and towns had rates below the 2019 statewide average of 3.6%, 31 above it, and 12 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 8.1% in 2020. Hartford posted the highest jobless rate among the large cities at 13.3%. All five cities experienced over-the-year unemployment rate increases. [ read more ]

  • Short-Term Employment Projections Through 2022.  May 2021 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past year is certainly one that won't be forgotten. The economy fell from record highs to record lows over the course of two months. From February to April 2020, the US and Connecticut economies fell respectively by 14.7 and 17.2 percent. In the year since, both have recovered just over 58% of the jobs lost from the February US employment peak to the April employment trough. When compared to other states, Connecticut's employment recovery rate (April 2020 to Feb. 2021) has been larger than the adjacent states of New York and Massachusetts but lower than Rhode Island's.

    Connecticut Short-Term Projections
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projection by industry and occupation. The current projections are for the period from the second quarter of 2020 to the second quarter of 2022. This base quarter coincides with the April 2020 employment trough and illustrates where we project employment to be two years after the start of the pandemic. Through 2022Q2, we project overall employment in Connecticut to increase by 13.5% from 1,541,793 to 1,750,039, as is shown in the industry table. This projected growth suggests that the state will rebound through 2022Q2 and recover most of the employment lost during the pandemic. [ read more ]  

  • Connecticut's Economy Shrinks Due to the Pandemic in 2020  March 2021 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell sharply in Connecticut for the first time since 2010 and the overall economy shrank in 2020. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly in 2019, and drastically last year, due to the impact from the pandemic. Correspondingly, last year's unemployment rate rose significantly, while after having increased in the last six years, real personal income fell markedly. Not surprisingly the value of annual diffusion index of 58 state economic indicators dropped dramatically as well in 2020.

    As in past years, this article focuses on the annual average. However, 2020 was unusual for many reasons. There were sharp job declines concentrated in a few months in the first half of the year followed by several months of strong growth - although not strong enough to fully overcome the large job losses caused by the pandemic. [ read more ]  

  • Connecticut's 2019 Work-Related Fatalities Lowest On Record.  February 2021 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 26 lives to work injuries in 2019, for a rate of 1.4 deaths per 100,000 full-time equivalent workers. This is the lowest recorded number of deaths since the census began in 1992. A decrease from 2018's 48 deaths, it is below Connecticut's annual average of 39 work-related deaths (Chart 1). Connecticut's rate of 1.4 is the lowest recorded by any state for 2019.

    The nation lost 5,333 lives to workplace injuries in 2019, an increase from 2018's 5,250 deaths. However, the fatal injury rate remained unchanged from 2018 - 3.5 per 100,000 full-time equivalent workers. Twenty-eight states had more fatal injuries in 2019 than 2018, while 21 states had fewer. The highest loss was seen in Texas with 608 deaths, followed by California with 451 deaths and Florida with 306 deaths. High rates were recorded in Alaska (14.1) and Wyoming (12.0). The District of Columbia, Rhode Island, and Vermont each had 10 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,061, followed by transportation and warehousing with 913 deaths. Together, these two industries account for 37 percent of deaths.

    With 8 deaths, the transportation and warehousing industry had the highest number of deaths in Connecticut, accounting for 30.8 percent of 2019's deaths. Construction came in second with 6 deaths, accounting for 23.1 percent of total deaths. With an overall rate of 1.4, Connecticut saw a rate of 10.9 in transportation and utilities and 4.7 in construction. Rates for other industry sectors did not meet publishing criteria. The government sector recorded 2 deaths.  [ read more ]

  • A look at the Changing Demographic Composition of Connecticut Employment: 1999-2019  September 2020 (368K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Newly released data through 2019 illustrates changes in the demographic composition of employment in the years leading up to the 2019 business cycle peak. During the past year the economy went from one extreme to the other. In a matter of weeks, the pandemic paused many sectors of the economy and required populations globally to change behavior and adapt to minimize its impact on public health. Unemployment went from a historic low to a historic high, unemployment claims reached record levels, and the US economy went swiftly into a recession by the first quarter of this year. A look at the demographic trends before the pandemic can give insight into what we can expect in a post-pandemic economy.

    Long Term Trends: 1999-2019
    The racial and ethnic composition of Connecticut employment has made some notable shifts over the past two decades. The U.S. Census Bureau's Quarterly Workforce Indicators (QWI) dataset allows for a detailed view of the composition of employment in the state. The Connecticut Economic Digest has previously featured this dataset in May and December of 2019 in articles that looked at age cohort changes by industry and a detailed look at demographic breakdown of overall employment by firm size.

    Those articles showed that the share of the Connecticut workforce over age 54 has doubled over twenty years with pronounced increases in major sectors such as Manufacturing and Healthcare & Social Assistance. The December 2019 article illustrated how cyclical employment changes and the demographic composition of employment vary by firm size. [ read more ]  

  • Signs of Hope Despite Unprecedented Declines.  June 2020 (493K) Pg.1 & 5
    By Matthew Krzyzek, Economist, Department of Labor

    The global impact of COVID-19 has resulted in an unprecedented pause to economies all over the world. In April, U.S. payroll employment fell by 20.5 million jobs with declines reported in all 50 states. Connecticut lost a historic 266,300 net jobs, a -15.9% decline in just one month.

    As of early May 2020, approximately 300,000 Connecticut workers were receiving benefits. Compared to the 2009-2010 recession, 2020 claimants are more likely to be female, are younger on average, and are more likely to have worked in Accommodation & Food Service, Retail Trade, or Health Care & Social Assistance. The 2009-2010 recession saw the largest number of claims in manufacturing and construction. Workers in these industries are, on average, older and more likely to be male than workers in the economy as a whole. [ read more ]  

  • 2019 Unemployment Rate by Town.  June 2020 (493K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2019, the annual average statewide unemployment rate was 3.7%, down from 4.1% in 2018. For the ninth year, most municipalities experienced a decline in their unemployment rate, although a little fewer than fell in 2018.

    2018 to 2019
    Of 169 cities and towns in the state, the unemployment rate fell in 162, rose in 5, while 2 were unchanged in 2019. On the other hand, 164 were down, 1 was up, and 4 remained the same in 2018. Roxbury had the lowest unemployment rate of 2.1%, while the residents of Hartford experienced the highest rate of 6.6% last year (see table on page 3 for the complete town data). Overall, a total of 124 cities and towns had jobless rates below the 2019 statewide figure of 3.7%, 35 had rates above it, and 10 had rates equal to it. By comparison, 128 cities and towns had rates below the 2018 statewide average of 4.1%, 35 above it, and 6 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.3% in 2019. Hartford posted the highest jobless rate among the large cities at 6.6%. All five cities experienced over-the-year unemployment rate decreases. The map on page 4 also shows the unemployment rates for each town in 2019. [ read more ]  

  • Connecticut Projected to Add Fewer Jobs Through 2021.  May 2020 (367K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    The whole world has changed in the few short weeks since we completed the latest short term projections in February 2020. At the time, the U.S. unemployment rate was lower than it had been at any time since the late 1960s and Connecticut jobs were growing. Since then the COVID-19 health crisis and the related shutdown of nonessential businesses caused a drastic shift in the employment outlook. Many leading analysts1 have declared that there is a 100% chance that the U.S. economy has entered a recession. One indicator of change is claims for unemployment insurance. As of April 11, 16 million American workers were collecting unemployment insurance with another 4 million filing claims the following week.

    Connecticut's economy has also been affected by the health crisis and the shutdowns and has seen a large increase in unemployment claims and will clearly suffer a recession along with the nation. What we don't know (what no one knows) is how long it will last. Therefore, we are presenting below our previously-completed short term projections for employment in the 2nd quarter of 2021. This represents a "best case" scenario - that while severe, the recession will be short and the national and Connecticut economies will bounce back early next year so that by next summer we'll be back on track. We will then discuss the risks to this outlook which are, unfortunately, all on the downside.

    Connecticut Employment Projections 2019-2021
    In February 2020, the Connecticut Department of Labor's Office of Research projected that Connecticut's overall employment increase by 0.4% from 2019Q2 to 2021Q2. Employment was projected to increase in Connecticut from 1,815,649 to 1,822,595 with Health Care, Transportation & Warehousing, and Social Assistance adding the most jobs.

    The projected two year employment growth of 6,950 jobs is comparable to many northeast states. Almost every other New England state had projected growth of 1.5% or less. Massachusetts' 2.3% projected two-year growth differentiates it from the rest of the region and is driven in large part by its Boston metropolitan area. Additionally, neighboring New York projected 2.0% growth through 2021. [ read more ]  

  • Connecticut's Overall Economy Sends Mixed Signals in 2020.  March 2020 (412K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell in Connecticut for the first time since 2010 and the overall economy weakened in 2019. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly last year, although the unemployment rate continued to fall since 2011. While real personal income continued to increase for the last six years, the value of the annual diffusion index of 58 state economic indicators dropped to the lowest level since 2010, indicating a slowing but still positive level of growth.

    Nonfarm Employment
    After our latest annual revision (based on annual average, not seasonally adjusted data), in 2019 Connecticut actually lost employment for the first time since 2010 (-3,300 jobs, -0.2%). In 2018, 2,600 jobs were created (+0.2%). By contrast, employment grew much faster in the nation (1.6% in 2018 and 1.4% in 2019). Employment growth appears to be slowing nationally and in our neighbor states partially due to very low unemployment rates.

    The past three years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2020 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout most of the 120-month employment recovery period to date. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. Slowing growth rates should be expected this long into a recovery. [ read more ]  

  • Connecticut's 2018 Work-Related Fatalities - Above Annual Average.  February 2020 (342K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 48 lives to work injuries in 2018, for a rate of 2.8 deaths per 100,000 full-time equivalent workers. An increase from 2017's count of 35, it is higher than Connecticut's annual average of 39 work-related deaths.

    The nation lost 5,250 lives to workplace injuries in 2018, an increase from 2017's 5,147 deaths. However, the fatal injury rate remained unchanged from 2017 - 3.5 per 100,000 full-time equivalent workers. The highest loss was seen in Texas with 488 deaths, followed by California with 422 deaths and Florida with 332 deaths. High rates were recorded in Wyoming (11.5) and Alaska (9.9). Delaware recorded both the lowest loss and the lowest rate with 7 deaths and a rate of 1.6.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,008, followed by transportation and warehousing with 874 deaths. The highest rate by industry was seen in truck transportation, with 28.3 deaths per 100,000 full time equivalent workers.

    With 13 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 27.1 percent of 2018's deaths. Administration and support and waste management and remediation services came in second with 12 deaths, accounting for 25.0 percent of total deaths. With an overall rate of 2.8, Connecticut saw a rate of 10.9 in construction, 10.2 in transportation and utilities, and 5.4 in professional and business services. Rates for other industry sectors did not meet publishing criteria. The government sector recorded 2 deaths. [ read more ]  

  • Examining the composition of Connecticut's employment by demographics and firm size.  December 2019 (372K) Pg.1-5
    By Matthew Krzyzek, Economist, Office of Research Department of Labor

    Connecticut employment has been growing since the end of the great recession nearly a decade ago. In recent years, industries such as manufacturing, health care, and warehousing have driven overall growth. In addition, there have been other important trends in Connecticut's labor market. For example, in the ten year period from 2007 to 2017, employment at private firms in Connecticut has gotten older, less male, and less white. At the same time, the share with a Bachelor's degree or more has fallen. Employment in firms with 500 or more employees has increased while employment at smaller firms has fallen.

    DEMOGRAPHICS OF EMPLOYMENT CHANGE
    Private sector job growth was quite modest from 2007 to 2017, a period that spanned the great recession. However, the number of workers aged 55 and over increased 37% in that ten year period. The portion aged 55 and over increased from less than 20% to more than 25% of all workers. The number of workers aged 25 to 54 declined as the last of the baby boom aged into the 55 and over group while the number under age 25 declined due to lower birthrates in recent decades and a drop in labor force participation for those aged 16 to 18.

    Looking at other demographic factors, in each of the past two decades, the number of males employed has decreased slightly while the number of females increased a bit. By 2017 the number of females employed slightly outnumbered the number of males employed in private sector payroll jobs. At the same time, the number of white and not Hispanic or Latino workers has declined while all other groups have seen increases with Black or African-American employment up 18% and employment of Hispanic or Latino workers up 28% in the ten years from 2007 to 2017. [ read more ] 

  • A Look at the Age Composition of Connecticut's Industries  July 2019 (392K) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The May 2019 Connecticut Economic Digest outlined top-line trends in Connecticut population, labor force participation, and employment to population ratios. As noted, overall labor force participation and employment to population ratios are up since the lows of 8 to 10 years ago. During this period, the median age in Connecticut increased to 40.9 by 2017, the 6th highest in the country. As the age composition of the overall Connecticut population changes, so Does the labor force. All industries are affected by population changes but some are facing particular challenges as a larger proportion of the workforce is nearing retirement age. [ read more ] 

  • The Higher Education / Workforce Report.  July 2019 (355K) Pg.4-5
    By Patrick.Flaherty, Director of Research, Department of Labor

    Most graduates of Connecticut's public colleges and universities work in Connecticut. Graduates from the wide range of programs are working in nearly every industry in our state. Shortly after leaving college, many graduates are employed in retail and food service. However, as time passes they are more likely to move to other industries such as manufacturing and health care. Average wages rise significantly in the years following graduation. [ read more ] 

  • 2018 Unemployment Rate by Town.  June 2019 (602K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2018, the annual average statewide unemployment rate was 4.1%, down from 4.7% in 2017. For the eighth year, most municipalities experienced a decline in their unemployment rate, even more than fell in 2017.

    2017 to 2018
    Of 169 cities and towns in the state, the unemployment rate fell in 165, rose in 1, while 3 were unchanged in 2018. On the other hand, 152 were down, 11 were up, and 6 remained the same in 2017. Washington had the lowest unemployment rate of 2.4%, while the residents of Hartford experienced the highest rate of 7.0% last year (see table on page 3 for the complete town data). Overall, a total of 130 cities and towns had jobless rates below the 2018 statewide figure of 4.1%, 33 had rates above it, and six had rates equal to it. By comparison, 122 cities and towns had rates below the 2017 statewide average of 4.7%, 37 above it, and 10 were the same. [ read more ] 

  • Connecticut Projected to Add Jobs Through 2020.  May 2019 (348K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut has many strengths, including its highly-educated workforce, growth of high-paying fields such as manufacturing, a high concentration of world-class universities, and its comparative affordability to highcost major metropolitan areas in neighboring states. However, job growth has been slower than the nation as a whole, and slower than in our neighbor states.

    Connecticut is projected to continue to add jobs over the next two years with many of the trends observed over the past two years continuing through 2020. Connecticut's overall economy improved in 2018 (see the March 2019 Digest) with the eighth consecutive year of employment growth. Even though the past two years had the slowest growth since the end of the recession, Connecticut's unemployment rate fell to its lowest level since 2002, while the employment to population ratio hit a ten year high with the labor force participation rate at its highest level in eight years.

    The unemployment rate is low despite slow job growth because our working-age population has also increased at a slower pace - up 5.2% over ten years compared to a 9.9% increase nationally. To put it simply, our slower population growth is resulting in slower employment growth. [ read more ] 

  • Connecticut's Overall Economy Improves in 2018.  March 2019 (391K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Although employment growth slowed in Connecticut, the overall economy did pick up in 2018. The revised total nonfarm employment increased for the eighth consecutive year, while the unemployment rate has been falling since 2011. Moreover, real personal income has increased for the last five years, and the value of annual diffusion index of 57 state economic indicators rose higher than in 2016 and 2017.

    Nonfarm Employment
    After our latest annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,600 jobs (+0.1%) in 2018, which was fewer than the 3,500 jobs (+0.2%) in 2017. By contrast, employment grew much faster in the nation (1.6% in 2017 and 1.7% in 2018).

    The past two years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2019 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout the most of its 107-month employment recovery so far through January 2019. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • Connecticut's 2017 Work-Related Fatalities - Below Annual Average.  February 2019 (338K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 35 lives to work injuries in 2017. An increase from 2016's count of 28, it is still below Connecticut's annual average of 39 work-related deaths. At 1.9 deaths per 100,000 full-time equivalent workers, Connecticut had one of the lowest state rates. New Hampshire, New Jersey, and Rhode Island, all with a rate of 1.6, were the only states with lower rates. While our lower number and rate is primarily due to low employment in high-risk industries, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,147 lives to workplace injuries in 2017. The fatal injury rate decreased to 3.5 per 100,000 full-time equivalent workers from 3.6 in 2016. The highest loss was seen in Texas with 534 deaths, followed by California with 376 and New York with 313 deaths. Rhode Island recorded the lowest loss with 8 deaths. High rates were recorded in Alaska (10.2) and North Dakota (10.1).

    Nationally, the construction industry recorded the highest number of deaths at 971, followed by transportation and warehousing with 882. The highest rate by industry was seen in truck transportation, with 28.0 deaths per 100,000 full time equivalent workers. [ read more ]

  • Are Gig Jobs Transforming the Labor Markets?  December 2018 (359K) Pg.1-3
    By Patrick.Flaherty, Director of Research, Department of Labor

    Many believe that the economy and particularly the labor markets are being transformed because of the ability to order everything from a ride to a home repair via a smartphone app. Headlines such as "The gig economy workforce will double in four years" and academic papers with titles such as "The Rise and Nature of Alternative Work Arrangements in the United States" have promoted this idea. Others have raised doubts. A recent New York Times story stated, "You can see the gig economy everywhere but in the statistics" while the Conference Board recently issued a report titled "Contrary to the Hype-Real Trends in Nontraditional Work" which stated "in 2017, the share of nontraditional workers was no different than it was 20 years ago." The data do not show a clear picture. [ read more ] 

  • Is a Job Shortage Becoming a Labor Shortage?  December 2018 (359K) Pg.4-5
    By Matthew Krzyzek, Economist, DOL

    The total count of job openings exceeded the total number of unemployed workers in the U.S. for the first time on record. As of September 2018 there were more than seven million job openings compared to six million unemployed. While there is no equivalent state level statistic for job openings, there is evidence that Connecticut is experiencing a similar trend with a falling unemployment rate and a large number of job postings. Further examination of the Job Openings and Labor Turnover Survey (JOLTS) coupled with additional data sources such as the jobs postings available from Help Wanted Online (HWOL) can contextualize the labor market and explain how the Connecticut economy is doing. [ read more ] 

  • Long Term Industry and Occupational Projections: 2016-2026.  September 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    Connecticut's employment is projected to increase by more than 110,000 jobs over the ten-year period ending in 2026. This 5.9% increase is a bit slower than the 7.4% projected for the U.S., but both state and national projections assume full employment in 2026. With the unemployment rate currently low, total job growth is limited by growth in the population/labor force. Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2016 to 2026. This process is replicated at the state level to produce projections that provide a detailed overview of the expected direction of labor markets in Connecticut.

    U.S. Labor Force
    The overall U.S. labor force is projected to increase by 10.5 million workers from 2016 to 2026 (a 0.6% annualized growth rate) with increases of 4.5 million men and nearly 6 million women. The labor force is projected to be older and more diverse. The number of white non-Hispanics in the labor force is projected to decline by 2.5 million, while the number of workers of Hispanic origin is projected to increase by over 8 million. The number of Black or African-American workers will be up by 1.9 million and the number of Asian workers up by 2.6 million. The number of workers aged 55 and over is projected to increase by 6.4 million, while those aged 25 to 54 will increase by 5.4 million. The number of workers under age 25 is expected to decrease by 1.3 million. [ read more ] 

  • 2017 Unemployment Rate by Town.  June 2018 (409K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2017, for the seventh year, most municipalities experienced a decline in their unemployment rate, but fewer dropped than in 2016.

    2016 to 2017
    Out of 169 cities and towns in the state, the rate fell in 152, rose in 9, and 8 were unchanged in 2017. On the other hand, 159 were down, 3 were up, and 7 remained the same in 2016. Canaan had the lowest unemployment rate of 2.8%, while the residents of Hartford experienced the highest rate of 8.1% last year. See table on page 3 for the complete town data. The annual average statewide unemployment rate in 2017 was 4.7%, down from 5.1% in 2016. Overall, a total of 126 cities and towns had jobless rates below the statewide figure of 4.7%, 37 had rates above it, and six had rates equal to it last year. By comparison, there were 124 cities and towns that had rates below the statewide average of 5.1%, 39 above it, and six the same. [ download article only ] 

  • Connecticut's Short-Term Employment Projections Through 2019.  May 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Current Situation
    Connecticut is off to a good start in 2018. As reported in the March Digest, Connecticut's economic recovery slowed in 2017, but the first quarter of 2018 has shown significant job gains. While data are preliminary and subject to significant revision, first quarter employment rose more than 8,700 jobs from the fourth quarter of 2017 and more than 7,200 from the first quarter of 2017. Private sector employment gained 9,400 from the fourth quarter with Health Care & Social Assistance up 2,500 (+3,800 from the first quarter of 2017), Accommodation and Food Services up 1,300 (+900 from the 2017 Q1) and Professional, Scientific, and Technical Services up over 1,000. Manufacturing was a bright spot in 2017 - the first quarter of 2018 was up 5,100 from the first quarter of 2017 with most of the gains in Durable Goods.

    In 2017, the average seasonally adjusted monthly jobs gain was just 400 jobs per month compared to 1,500 jobs per month for the first three months of 2018. Though this pace of growth is not likely to continue - and is subject to revision - the Connecticut economy was showing positive momentum as we headed into spring. [ download article only ] 

  • Connecticut Economic Recovery Slows Down Further in 2017.  March 2018 (228K) Pg.1-5
    By Jungmin Charles Joo, Office of Research Department of Labor

    As predicted this time last year, Connecticut's economy did continue to improve in 2017, and at a slower pace than in 2016 (March 2017 article). For the seventh year in a row, the revised total nonfarm employment increased, while the unemployment rate fell. However, real personal income decreased for the last two years, and more economic indicators pointed in negative directions than in 2016.

    Nonfarm Employment
    After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,800 jobs (+0.1%) in 2017, which was fewer than the 4,800 jobs (+0.3%) in 2016. By contrast, employment grew much faster at 1.8% in 2016 and 1.6% in 2017 in the nation.

    Last year's Connecticut employment recovery was the slowest in the last seven years. In fact, the current 2010-2018's monthly job recovery rate has been trending downward from the beginning, averaging below 0.1 percent throughout the most of its 95-month employment recovery so far. In contrast, the 2003-2008 recovery period showed rising recovery rate, and during the 1993-2000 period, the monthly job growth rate had risen steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • Connecticut's Work-Related Fatalities in 2016.  February 2018 (331K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 28 lives to work injuries in 2016, decreasing from 2015's count of 44. This is the smallest loss since 2008. It is also below Connecticut's annual average of 39 work-related deaths. At 1.6 deaths per 100,000 fulltime equivalent workers, Connecticut had the lowest state rate, primarily due to lower employment in high-risk industries. However, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,190 lives to workplace injuries in 2016, the most since 2008. The fatal injury rate increased to 3.6 per 100,000 full-time equivalent workers from 3.4 in 2015. The biggest loss was seen in Texas with 545 work-related fatalities, followed by California with 376 and Florida with 309 deaths. Rhode Island recorded the fewest, with 9. High rates were recorded in Wyoming (12.3) and Alaska (10.6). Wyoming's highest rate was in the transportation and utilities industry, at 46.8. Alaska recorded a rate of 44.5 in manufacturing and 42.0 in transportation and utilities.

    Nationally, the construction industry recorded the biggest number of fatalities at 991, followed by transportation and warehousing with 825. The highest rate by industry was seen in truck transportation, with 25.6 deaths per 100,000 full time equivalent workers. [ download article only ] 

  • Life in the Slow Lane?  December 2017 (278K) Pg.1-5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The Connecticut State Data Center at the University of Connecticut recently released population projections for Connecticut and its towns through 2040. The projections suggest a slowing of population growth but do not show an exodus of young people from Connecticut. Declines in the younger population groups are driven by a low birth rate while migration out of state is concentrated in older age groups. Nevertheless, the number of senior citizens will increase while the school-aged population will decline. Growth will be uneven across cities and towns with some (particularly the largest cities) gaining significant population while others decline. Some of the smallest towns are projected to reverse part of the strong growth they have experienced in recent decades.

    Statewide Overview
    Connecticut's population increased by over 255,000 from 1970 to 1990 and added an additional 300,000 from 1990 to 2015, a 9.3% increase. Population growth is projected to grow just 1.7% in the 25 years from 2015 to 2040, less than 20% of the growth rate of the previous 25 years. Focusing on the most recent 15 year period and comparing it to the next shows a similar pattern. Population grew 5.5% from 2000 to 2015 but is projected to grow just 1.1% from 2015 to 2030. While these projections are not predictions of what will happen (unforeseen events such as changes in the economy could affect these projections), they are carefully calculated projections based on fertility rates, survival rates, domestic migration, international migration, and college migration. [ download article only ] 

  • Is Connecticut Losing Jobs to Other States?  November 2017 (353K) Pg.1-5
    By Andy Condon Ph.D., Director of Research, Department of Labor, Andrew.Condon@ct.gov

    Rightly or wrongly, Connecticut's job growth performance is often talked about in the context of "winning" or "losing" to other parts of the country. This article uses the location quotient measure to begin to address this issue by using national Quarterly Census of Employment and Wages (QCEW) data to measure relative job growth from and to Connecticut over time. According to the US Department of Labor's Bureau of Labor Statistics, location quotients are ratios that allow an area's distribution of employment by industry, ownership, and size class to be compared to a reference area's distribution. [ read more ] 

  • Annual Unemployment Rate by Town, 2012-2016.  June 2017 (336K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    By looking at the unemployment rates, we can see that Connecticut has experienced six years of economic recovery. Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In the June 2016 Digest, 2011-2015 annual average town unemployment rate estimates were published. This year, revised 2012-2016 data are analyzed. [ download article only ] 

  • Short-Term Employment Projections Through 2018.  May 2017 (355K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The projections are based on a careful analysis of the Connecticut economy and labor market.

    Current Situation
    March of 2010 was the first month of payroll job growth after the great recession. Seven years later the Connecticut economy has regained 91,200 jobs or 77% of the 119,100 lost during the "great recession" as of March 2017. Overall employment growth has been dampened by the government sector which is down 14,000 jobs since February 2010. Private sector employment has fared significantly better having recovered 94% of the jobs lost during the downturn. [ download article only ] 

  • Connecticut's Work-Related Fatalities in 2015.  February 2017 (334K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 44 lives to work injuries in 2015. With an increase from 2014's revised count of 35, this is the biggest loss since 2010. It is also above Connecticut's annual average of 39 work-related deaths. Nationally, a total of 4,836 fatal workplace injuries occurred in 2015. This was a slight increase from 2014's reported 4,821 deaths. However, the rate of fatalities per 100,000 full-time equivalent workers fell from 3.43 in 2014 to 3.38 in 2015. [ download article only ] 

  • The Crossroads of Millennials and Migration.  December 2016 (411K) Pg.1-5
    By Manisha Srivastava, Connecticut Office of Policy and Management

    The nation is closely watching the actions of millennials - what do millennials like, what are their work preferences, where do millennials want to live? And there is good reason for this attention - millennials now make up the largest living generation. According to the Pew Research Center, millennials, whom they define as born between 1981 and 1997, recently surpassed baby boomers in 2015 as the largest living generation. As a result the preferences of millennials do have a sizable impact on the economy - and their choices have substantially deviated from those of prior generations. But as millennials age their preferences likely will return to historical norms, which could benefit Connecticut. Long-run domestic migration patterns show Connecticut has historically imported adults in their late twenties and thirties (and forties when international migration is included). As millennials start settling down and moving into larger homes, safe communities, and for good schools, hopefully Connecticut will stand out as a top destination. [ download article only ] 

  • Seasonally Adjusted Unemployment Rates by Labor Market Area, 1990-July 2016.  October 2016 (404K) Pg.4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    In addition to not seasonally adjusted unemployment rate estimates, the Bureau of Labor Statistics (BLS) also produces monthly seasonally adjusted data by major labor market areas (LMAs) for Connecticut, going back to 1990. Because of the one-month lag, these estimates are not published in the Labor Situation or the Connecticut Economic Digest, but they are available upon request. This article looks at the long-term monthly trends of seasonally adjusted unemployment rates of all the LMAs. The Connecticut Department of Labor's Office of Research separately produced seasonally adjusted estimates for small areas (Enfield, Torrington-Northwest, and Danielson-Northeast) so that all areas in the state can be compared and analyzed. Note that because of the recent geographical changes, these small non-BLS LMAs can be seasonally adjusted only back to 2010. [ download article only ] 

  • Long Term Industry and Occupational Projections: 2014-2024.  September 2016 (354K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL, Matthew.Krzyzek@ct.gov and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    NATIONAL PROJECTIONS ~ Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2014 to 2024.

    Labor Force ~ The U.S. labor force is projected to increase by 9.8 million workers from 2014 to 2024 (a 0.6% annualized growth rate) with the 2024 labor force projected to be older and more diverse. The number of workers aged 55 and older is expected to increase by more than 6.7 million (+19.8%) while the number aged 16 to 24 is projected to decrease by 2.8 million (-13.1%) with the largest labor force cohort - those aged 25 to 54 (also known as prime-age workers) up just 3.9 million (+3.9%). As a percent of the labor force, the 16-24 cohort will fall 2.1 percentage points to 14.1% in 2024; increased postsecondary enrollment is a primary cause of this share decrease. [ download article only ] 

  • Introducing the Job-to-Job Flows Data.  July 2016 (365K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    This article introduces a new set of statistics about the dynamic nature of the labor market - the Job-to-Job Flows. These statistics provide information on workers who leave or lose one job and take another with little or no unemployment in between. For example, when a worker quits one job to take a better job at a different company, this will be counted as a job-to-job flow. While the data is still considered "Beta" and will be enhanced and improved in future years, the recently released numbers help us understand job changes in Connecticut.  [ download article only ] 

  • Labor Force Participation Rate and Employment-Population Ratio, 1976-2016.  June 2016 (402K) Pg.1-2 & 5
    By Jungmin Charles Joo Department of Labor

    The Connecticut Economic Digest now publishes the monthly labor force participation rate and employment-population ratio, which are found under the "Unemployment" table on page 6. These two data, produced by the Bureau of Labor Statistics (BLS), provide additional perspectives to the unemployment rate data in assessing the current economic condition. This article also looks at their entire historical trends. [ download article only ] 

  • Annual Town Unemployment Rates, 2011-2015.  June 2016 (402K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In July 2015 Digest, 2010-2014 annual average town unemployment rate estimates were published. This year, revised 2011-2015 data are analyzed. [ download article only ] 

  • Economic Status of People with Disabilities.  February 2016 (321K) Pg.1-5
    By Al Sylvestre, Research Analyst, Department of Labor

    In the eight years since the recession that began in 2008, conditions in Connecticut's labor market continue to improve. As a segment of the working-age population age 16 years and older that constitutes 5% of the work force, among whom 44% are employed full time according to the US Census Bureau's most recent (2014) American Community Survey (ACS), people with disabilities are becoming increasingly visible in the labor market. What follows is a brief examination of this population's economic characteristics as well as some of the programs and services that provide access to opportunities for its members to attach to the labor force and retain employment in response to changes in disability status.. [ download article only ] 

  • Connecticut's Work-Related Fatalities, 1992-2014.  December 2015 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Throughout our history, the American worker has labored not only to erect buildings and cities, but also to raise the standards of our Nation's workplaces. Through protests and picket lines, by organizing and raising their voices together, workers have won small and large victories that have pushed our country closer to ensuring safer and healthier jobs for all.

    Across the United States, as dedicated Americans clock in at factories, walk onto construction sites, put on their hospital uniforms, and report to do the daily work that drives our Nation's progress, they give meaning to the simple yet profound belief that if you work hard and take responsibility, you can get ahead. However, each year millions of people have their shifts cut short by work-related injuries and illnesses, and on average, 12 Americans lose their lives on the job every day." - President Barack Obama

    In 2014, America lost 4,679 people to work-related deaths. Thirty-three of those deaths were in Connecticut. Connecticut's "low" number is primarily due to low employment in high-risk industries. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One work-related death is one too many. [ download article only ] 

  • Construction Occupational Employment Trend, 2005-2013. August 2015 (345K) Pg.4.
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The bursting of the housing bubble hit certain areas of the economy harder than others. Though Connecticut was not an epicenter of the housing bubble and bust, its impact can be seen when examining construction occupational employment. This article uses data from the Census Bureau's American Community Survey (ACS) as it provides estimates of labor market variables not captured in other datasets, including unemployment by occupation and prior occupation of those not in the labor force. From this we can get a generalized idea of how construction occupations in Connecticut have fared during the recession and recovery.[ download article only ] 

  • Annual Town Unemployment Rates, 2010-2014.  July 2015 (338K) Pg.3-4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Unemployment rate data are from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics. Recently LAUS underwent a major revision back to 2010. [ download article only ] 

  • Examining Education, Incomes, and the "Skills Gap".  June 2015 (280K) Pg.1-3, 5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    While the unemployment rate has dropped sharply over the past few years, it remains higher than it was before the "great recession" began. On the other hand, the number and rate of job openings are higher than their prerecession levels. In March, there were five million job openings nationally despite an unemployment rate of 5.4%, a percentage point higher than prevailed in 2006 and 2007. Despite the pool of unemployed job-seekers, some business groups report that their members are having difficulty hiring employees with the skills and experience they are seeking. This has led some to conclude that there is a gap between the skills available in the labor force and the needs of employers. [ download article only ] 

  • A Review of 2004-2014 Employment Projections.  June 2015 (280K) Pg.4
    By Michael Fitzgerald, Research Analyst, Department of Labor Michael.Fitzgerald@ct.gov

    It will be years-not in my time-before a woman will become Prime Minister." That's a quote made by Margaret Thatcher in 1969, ten years before she took over as Prime Minister of the United Kingdom in 1979. In other words, projections-especially 10 years ahead of time-are difficult. Every two years, the Office of Research at the Connecticut Department of Labor creates 10-year employment projections for the state. Now that employment statistics for 2014 have been released, we are going to take a look at the 2004-2014 projections and see how well the projections fared. Statewide numbers for the Major Standard Occupational Classification (SOC) groupings and Occupation Employment Statistics data from 2014 will be what is focused on. There are a couple of things to bear in mind when looking at the original projections. [ download article only ] 

  • Connecticut's Work-Related Fatalities, 1992-2013.  December 2014 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    "No one should have to sacrifice their life for their livelihood, because a nation built on the dignity of work must provide safe working conditions for its people." -Secretary of Labor Thomas E. Perez In 2013, work injuries claimed the lives of 4,405 workers in America. Twenty-six of those deaths occurred in Connecticut.

    Since 1992, the U.S. Department of Labor's Bureau of Labor Statistics has conducted the annual Census of Fatal Occupational Injuries (CFOI) to document workplace fatalities. Connecticut averages 39 workrelated fatalities annually with a high of 57 in 1998. In 2013, Connecticut saw the lowest recorded number of 26 lost workers. This "low" number is not statistically notable and cannot be attributed to a specific cause. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One workrelated death is one too many. As Dr. David Michaels, the Assistant Secretary of Labor for Occupational Safety and Health, states, "Making a living shouldn't have to cost you your life. Workplace fatalities, injuries, and illnesses are preventable. Safe jobs happen because employers make the choice to fulfill their responsibilities and protect their workers." [ download article only ] 

  • Long Term Industry and Occupational Projections: 2012-2022.  September 2014 (410K) Pg.1-5
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Every two years the Connecticut Department of Labor produces and publishes ten year projections by industry and occupation. This year's projections cover the period 2012-2022, which invites a comparison to the previous ten year period. The 2002-2012 period spans the global financial and economic crisis that caused the worst national recession since the Great Depression. While employment started to increase after the first quarter of 2010, by 2012 employment in many industries was still below 2002 levels. Importantly, the industries that grew the most after the recovery started were not necessarily the same as those that lost the most during the recession, so the industry and occupational mix of the economy has changed. The long term projections help put these changes into perspective and peek over the horizon to see what the industry and occupational profile of the economy would look like if full employment could be achieved within the next decade. [ download article only ] 

  • Connecticut Migration Patterns.  August 2013 (418K) 4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Examining interstate migration patterns provides an interesting view of where new Nutmeggers are coming from and where former Connecticut residents are going. Table 1 shows the ten largest sources of Connecticut inflow migration. The bordering states of New York and Massachusetts had the largest combined share of total inflow to the state at 39 percent of total inflows. Together with the third largest inflow state of Florida, those three states totaled 45 percent of flows into Connecticut. These three states since 2005 have consistently comprised the top three inflow origins to Connecticut. Overall inflow to the state in 2011 was 73,607 new residents. From 2005 through 2011 inflow peaked in 2006 at 88,518 new residents. [ download article only ]  

  • Job Polarization in Connecticut.  December 2012 (185K) Pg.1,2 & 5
    By Matthew Krzyzek, CCT Economist, DOL, Matthew.Krzyzek@ct.gov

    In recent months, much has been written of the hollowing out of the middle class during the recovery. A New York Times article partially attributes this to longterm trends of automation and globalization that cause a polarization of labor to high and low wage employment. The same article extensively reports on the findings by The National Employment Law Project (NELP). Their work analyzed nationwide Current Population Survey (CPS) data and found middle wage jobs incurred a majority of job losses during the recession, while lowwage jobs experienced a majority of post-recession job growth. The report also found the share of high wage job losses and subsequent gains to be 19 and 20 percent. [ download article only ]  

  • Youth Employment Patterns Revisited. September 2012  (198K) Pg.1-5
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Last summer, the Connecticut Economic Digest published an article on youth employment in Connecticut. It used wage and Department of Motor Vehicles records to illustrate employment change by industry from the second to third quarter of 2007 and 2010. The article noted that youth employment declined at nearly three times the rate of overall Connecticut employment. This summer, the Census Quarterly Workforce Indicators (QWI) dataset has been examined to provide a more detailed and longer-term analysis of labor market changes for youths in Connecticut. The analysis provides more detail as to how the recession has affected the state's youngest segment of the labor force and analyzes long-term trends that help indicate the direction we are heading a full 3 years into the NBER-declared recovery. [ download article only ]  

  • Young People Aren't Fleeing and the Cities Aren't Dying. October 2011  (419K) Pg.1-3, 5
    By Patrick J. Flaherty, Economist, DOL, Patrick.Flaherty@ct.gov

    Data from the U.S. Census Bureau refute the conventional wisdom that young people are leaving Connecticut in droves and the population of our cities is in decline. One example of popular perceptions comes from the "2011 Survey of Connecticut Business" released in early September by BlumShapiro and CBIA which reported "An overwhelming majority of respondents (85%) worry about the state's slow population growth and out-migration of 21-to-45 year-olds." Similarly, when population estimates from the 2009 American Community Survey (ACS) were released, a press release was headlined "Connecticut Still at Bottom in Attracting, Keeping 25-34-Year-Olds." In fact, the 2010 U.S. Census confirms that Ct's population is aging, but that the situation is not as dire or dramatic as perceptions would suggest. [ download article only ]  

  • Youth Employment in Connecticut. July 2011  (419K) Pg.3
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    For many, summer is a time for relaxation. The season is typified by sunny weather, family vacations, barbeques and trips to the beach. However, the season also represents a young workers initiation into the labor force. Be it work as a camp counselor, lifeguard, salesperson or waitress, those summer jobs teach youths valuable skills they will carry with them onto enhanced employment opportunities later in life. Unfortunately, for a growing number of American youths, these jobs are increasingly hard to find. [ download article only ]  

  • Measures of Labor Underutilization. February 2010 (401K) Pg.3.
    By Salvatore DiPillo, Associate Research Analyst, Department of Labor, Salvatore.DiPillo@ct.gov

    In the November 2009 issue of the Digest we began publishing for Connecticut, in addition to the official unemployment rate, the most comprehensive measure of labor underutilization. Referred to as the "U-6" by the U.S. Bureau of Labor Statistics (BLS) which sets the definition of the labor force, employment and unemployment and the methodologies for measuring these, it is just one of six measures of unemployment for the nation and the states. [ download article only ] 

  • Expanded Current Population Survey and Its Effect on Labor Force Data Estimates. August 2001, (211K) Pg.4.

  • Improvements Coming to Labor Force Estimates. December 2004, (826K) Pg.2-5.

  • Introducing an Alternative Measure of Labor Underutilization in Connecticut. November 2009 (402K) Pg.5.

  • Norwich area has greatest labor force growth. October 2004, (335K) Pg.1,5.

  • Stamford tops in labor force and establishments. February 2006, (611K) Pg.1-3.

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  • Short-Term Employment Projected to Grow Modestly Through 2025.  May 2024 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add almost 30,000 jobs through the end of the short-term projections period (2nd quarter 2025). In addition to that net increase, the state is projected to have over 425,000 openings across all occupational categories and every educational level. The industries driving this growth include Health Care, Educational Services, Manufacturing, and Transportation & Warehousing. Through 2025Q2, we project overall employment in Connecticut to increase by 1.6% from 1,824,865 to 1,854,557 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 2.1% and the Service-Providing sector is projected to grow by 1.5% over two years. This latter sector represents 86.6% of industry employment in the state. The current projections round spans the second quarter of 2023 to the second quarter of 2025.

    Projections by Industry
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. Among the 20 industry groups shown in Figure 1 (page 3), 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+9,255), Educational Services (+2,954), Manufacturing (+2,787), and Transportation & Warehousing (+2,692). [ read more ]

  • Summary of Boston Consulting Group's Report: "Getting Young People Back on Track"  December 2023 (4.3M) Pg.1-5
    By Xian Guan, Associate Research Analyst, Department of Labor

    In October 2023, the Boston Consulting Company (BCG) released "Getting Young People Back on Track," an important blueprint for identifying and re-engaging disconnected and at-risk youth. The report was produced using data from the state's P20 WIN project and reached audiences including policymakers, youth services professionals, safety net service agencies, and media outlets. To further the efforts to reach at-risk young people, the Connecticut Department of Labor (CTDOL) presents the report's key findings followed by a synopsis of how the underlying data was compiled through the Connecticut longitudinal data system, P20 WIN. Additionally, CTDOL's Research Unit, a P20 WIN partner, offers three data-driven recommendations for future research.

    At-Risk and Disconnected Young People
    "Getting Young People Back on Track" concluded that during the 2021-2022 school year Connecticut had 119,000 youth between 14-26 years old who are either disconnected or at risk. Using the below definitional framework, this total is comprised of 63,000 disconnected and 56,000 at-risk youth.

    On-track: young people aged 14-26 who are engaged in the educational system or on-track for gainful employment.

    At-risk: three sub-populations-off-track, those students who do not meet state credit attainment requirements; at-risk due to other factors, such as absenteeism and/or behavioral issues; and severely off-track, those students are off-track and display additional risk factors. [ read more ]

  • All State Economic Indexes Rose Again in 2022.  October 2023 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the second year in a row, all state economic indexes increased last year. Connecticut had the twelfth-highest 2022 growth in the nation at 17.8%, exceeding the nation's 17.6% increase. Rhode Island, Colorado, Missouri, and New Jersey grew the most in 2022 while Washington, Kentucky, Nebraska, and Utah were the slowest.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2023 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2022 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate.

    Business establishments are the physical work units located in the state. Employment is the number of payroll employees in the establishments that are located in the state who are covered under the unemployment insurance law (nearly the universe count of all the payroll employees in each state). Average annual pay is the aggregate wages earned divided by the total average employment. Establishments, employment, and wages are proxies for each state's business activities and its overall economic strength, while the unemployment rate measures the overall economic health of each state's working residents. [ read more ]

    Download SEI 2010-2022 data.xlsx

  • All of Connecticut Town Economic Indexes Recover in 2022.  September 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as all municipalities' indexes rose in 2022, a recovery for all 169 cities and towns that fell in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2022 data.xlsx

  • Solving the Office to Residential Conversion Puzzle  July 2023 (4.1M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With almost a quarter of Hartford's available office space lying fallow as the city's residential vacancy rate hovers near two percent, shrinking office footprints suggest an obvious solution to the capital region's housing shortage. While the Capital Region Development Authority (CRDA) and state agencies work with real estate developers to turn the office glut into housing opportunity, an examination of office to residential conversion feasibility illustrates the complexity of achieving the office to residential space balance that can make the long-held vision of Hartford as a vibrant 24-hour city a reality. Examples from Philadelphia (1600 Arch Street) and Manhattan (180 Water Street) illustrate the challenges and opportunities for converting office space into desirable dwelling units.

    A building envelope's shape, along with the placement of its structural columns, elevator shafts, and stairwells, constitutes the geometry within which an apartment's living, sleeping, and workspace areas are laid out. Developers, architects, and designers must solve for the adequacy of light and air movement that make a dwelling unit livable. The building's location and proximity to public amenities completes the value proposition of conversion versus demolition and new construction. [ read more ]

  • How COVID has changed the Labor Market  June 2023 (4M) Pg.1,4,5
    By Patrick.Flaherty, Director of Research

    Now that three years have passed since the emergence of COVID-19 it is possible to begin to distinguish between the short-term and long-term effects of the pandemic. To provide additional measures of the effects of the COVID-19 pandemic on the labor market, the Bureau of Labor Statistics (BLS) conducted a series of Business Response Surveys. The initial survey was conducted in July through September 2020. Additional surveys were conducted in July to September 2021 and August to September 2022. The results of these surveys give some insights into the effects of the pandemic on the labor market nationally and here in Connecticut. In addition, the Job Openings and Labor Turnover Survey (JOLTS) from BLS and the Job-to-Job Flows from the U.S. Census show one unexpected effect of the pandemic - the greater willingness of workers to voluntarily leave their jobs and the resulting increase the number of job openings.

    The 2020 Business Response Survey showed that Connecticut's business response to the pandemic was similar to businesses in the nation as a whole. For example, 51.9% of establishments nation-wide told employees not to work and 51.3% of these continued to pay employees some or all of their pay while not working. In Connecticut, it was 52.8% and 48.1% respectively. Nationally, 55.6% of establishments experienced a decrease in demand for their products or services and 18.7% experienced a government-mandated closure. Connecticut's portion with decreased demand was 56.3% while the portion with a mandated closure was 17.3% in Connecticut. Only 17.8% of establishments nationally and 17.1% in Connecticut reported that they experienced no impact from the pandemic on their business operations. [ read more ]

  • How Does Connecticut's Economic Growth Stack Up Against the Recent Budget Surpluses?  May 2023 (4M) Pg.1-5
    By Manisha Srivastava, Connecticut Office of Policy and Management

    There is a common adage that a strong stock market does not necessarily indicate a strong underlying economy, that the stock market is not the economy. What about budget surpluses – do year upon year of budget surpluses indicate a strong underlying economy?

    Connecticut (CT) has shifted from ongoing budget deficits during the 2010s following the Great Recession to budget surpluses, including billion plus dollar surpluses more recently. There are multiple factors responsible for these budget surpluses. As a result of the COVID-19 pandemic, the federal government stepped in with financial assistance including the Paycheck Protection Program and Enhanced Unemployment Insurance. In addition, the pandemic-mandated work from home policy (where possible) reduced state office expenses while waivers and other safety-oriented accommodations reduced the level of interactions with the public and hence expenses. And finally, certain tax revenue sources have continued to outperform and come in above projections. What do these strong revenues indicate regarding CT's economy, have CT's economic indicators similarly outperformed? Let's find out.

    The primary revenue sources for the General Fund (GF) include Income Tax and Sales and Use Tax; in Fiscal Year (FY) 2022, Income Tax made up 48.7% and Sales Tax made up 19.4% of General Fund revenues.2 There are two components to Income Tax, Withholding and Estimates & Finals, representing 31.7% and 17.1%, respectively, of General Fund revenues in FY 2022. About 20 other taxes, revenues, fees, and federal grants comprise the remaining 31.9% of the General Fund, including sources such as Corporation Tax, slot revenues, Real Estate Conveyance Tax, and the Pass-through Entity Tax. The primary drivers of the budget surpluses include Income, Sales, and the Pass-through Entity Tax. [ read more ]

  • Short-Term Employment Projections Through 2024.  April 2023 (4M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's economy is projected to add jobs through the end of the short-term projections period. Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The current round spans the second quarter of 2022 to the second quarter of 2024. Through 2024Q2, we project overall employment in Connecticut to increase by 2.5% from 1,800,395 to 1,845,444 including self-employment and unpaid family workers (UFW). The Goods-Producing sector is projected to grow by 3.7% and the Service-Providing Sector is projected to grow by 2.2% over two years. This latter sector represents 86.7% of industry employment in the state.

    Projections by Industry
    Among the 20 industry groups shown in figure 1, 16 are projected to increase over two years and 4 are projected to decline. The largest increases are expected in Health Care (+6,156), Accommodation & Food Services (+5,493), Manufacturing (+5,478), and Transportation & Warehousing (+4,643). These four industries account for more than half of the projected overall growth across all industries. The projected Health Care growth will bring that industry to early 2020 pre-pandemic employment levels. Accommodation & Food Services was one of the hardest hit industries during the COVID-19 lockdown and fell by almost 50% during the first half of 2020 from 134,000 to 71,000. That industry is projected to increase to almost 138,000 workers by the second quarter of 2024, exceeding 2020 pre-pandemic levels but still down from a series high of 144,000 reached in late 2019. The gains in Manufacturing are driven in large part by Transportation Equipment Manufacturing (NAICS 336), which is projected to account for 2,957 of the 5,478 job increase projected for the overall sector. Transportation & Warehousing quickly rebounded from the COVID-19 lockdown and added jobs throughout the recovery. The industry was up 14,500 jobs or 25% from 2020Q2 to 2022Q2 and is expected to continue to grow by 7% through 2024Q2. [ read more ]

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • STEM To Grow Faster Than Overall Occupations Through 2030.  December 2022 (5M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Science, Technology, Engineering, and Math (STEM) occupations are projected to grow faster than all occupations in Connecticut through 2030. These high-growth, good-paying occupations are distributed throughout most major industries in the state and include a variety of career opportunities for Connecticut workers.

    The Connecticut Department of Labor discussed our 2020-2030 long-term projections in the September 2022 edition of the Connecticut Economic Digest. That article noted expectations of employment increasing by 201,000 jobs in Connecticut from 2020 to 2030. The industries projected to drive this overall growth include Accommodation & Food Services, Health Care, Transportation & Warehousing, and Professional, Scientific, & Technical Services. The long-term projections are conducted every two years by all 50 states and major territories at the industry and occupational level. This article focuses on STEM occupations within the long-term projections to illustrate employment expectations for this important segment of the Connecticut economy.

    Top Ten STEM Occupations in CT
    The ten largest STEM occupations account for 57% of overall STEM employment in the state. Among these ten occupations, four are computer occupations (SOC-15), three are engineering (SOC-17), two are management (SOC-11), and one involves sales (SOC-41). The largest STEM occupation in the state, Software Developers & Analysts (15-1256) had 2020 employment of 19,130 and is expected to grow by 5,280 or 28% to 24,410 by 2030. The other STEM occupations in Figure 1 are projected to grow between 8% and 22% through 2030. These occupations have annual average wages of between $63,380 (Computer User Support Specialist) and $150,629 (Computer & Information Systems Managers). STEM occupations earned an average of $103,214 overall in 2021, which compares favorably to $67,169 earned on average for all employment in the state [ read more ]

  • 2021 Economic Indexes Rebounded in All States.  November 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Economic indexes bounced back last year in all states after having fallen in 2020. Forty-nine states (including Connecticut) had faster growth in 2021 than in 2019 - the last pre-pandemic year while one state matched the 2019 pace.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2022 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census of Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2021 period.

    These indexes provide a measure of the overall economic strength of each state. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2021 data.xlsx

  • Nearly All of Connecticut Town Economic Indexes Recover in 2021.  October 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as 99% of municipalities' indexes rose in 2021, after all of 169 cities and towns having fallen in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2021 data.xlsx

  • Long Term Industry and Occupational Projections: 2020-2030.  September 2022 (4.3M) Pg.1-5
    By Matthew Krzyzek, Economist and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut's employment is projected to increase by more than 201,000 jobs over the ten-year period ending in 2030. This 12% increase is 4.3 percentage points above the U.S. projection of 7.7%. Every two years, the U.S. Bureau of Labor Statistics produces 10-year projections of the U.S. labor force and employment by industry and occupation. This process is replicated at the state level to produce a detailed overview of the expected direction of the labor market in Connecticut.

    Effects of COVID-19 on the 2020-30 Projections
    The COVID-19 pandemic triggered a steep and short U.S. recession from February to April 2020.1 The impact of this translates to lower base-year values than earlier rounds of long-term projections. This results in higher projected employment growth, particularly in the industries and occupations that had the largest COVID-19 declines.2 These projections assume a full-employment economy, and many industries heavily impacted by COVID-19 are projected to have higher growth than would occur if the base year was not so low due to the recession.

    In addition, some industries and occupations have seen a change in long-term demand as a result of the pandemic. Industries that are expected to see long-term increased growth include computer-related occupations such as those that relate to telework computing infrastructure and IT security. On the other hand, Retail Trade is expected to experience an amplification of its long-term declines due to changes in consumer behavior that will outlast the pandemic. [ read more ]

  • Transit Bus and Rail Ridership Trends  July 2022 (4.3M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With transit bus and rail ridership nearing pre-pandemic levels, the return of passengers to Connecticut's public transportation systems is on an upward trajectory. This stands in contrast to ridership trends from 2017 to 2020 shown in Charts 1 and 2. Chart 1 shows the number of unlinked passenger trips1 for each of CT Transit's2 divisions. Passenger trip decreases from 2019 to 2020 range from 7.2% in Waterbury to 17% in the New Britain division. The Hartford division that operates and manages 30% of the state's transit buses experienced a 17% ridership reduction. Pandemic-induced ridership declines in the nine transit districts outside of CT Transit's divisions (Chart 2) ranged from 63.3% for the Mashantucket-Pequot system to a low of 3.9% in the Northwestern Transit District (NWCTD). The two highest ridership districts, the Greater Bridgeport Transit Authority (GBT) with 4.2 million boardings in 2020, and the Norwalk Transit District with 1.1 million boardings had 20.2% and 18.1% fewer riders than in 2019. The outlier among these regions is the Windham Region Transit District whose nearly 25% ridership increase may be attributable to its concentration of employers whose operations depend on in-person work. [ read more ]

  • Job Openings Growth and the Tight Labor Market in Connecticut.  June 2022 (4M) Pg.1,4-5
    By Matthew Krzyzek, Economist, Department of Labor

    As the global economy recovers from the tumultuous impacts of COVID-19, its continued effect on labor markets is illustrated by a look at the BLS Job Openings and Labor Turnover Survey (JOLTS). The JOLTS survey provides information on labor demand and turnover at the U.S., regional, and most recently at the state levels.1 This information includes estimates of job openings, new hires, layoffs, quits, and other labor market movements.

    In the year before the early 2020 COVID-recession, the economy had a tight labor market. The unemployment rate was below 4% and the U.S. and Northeast both had more openings than unemployed workers throughout the year. Figure 1 shows the number of job openings per unemployed worker from early 2019 through March 2022. This ratio experienced an unprecedented decline during early 2020. In February 2020, Connecticut had 1.05 job openings per unemployed worker, a level in line with the Northeast (1.07). The U.S. rate was higher. Two months later, as COVID-related unemployment spiked, there were only 0.33 openings per unemployed worker in Connecticut and 0.20 in both the Northeast and U.S. Put another way, in April 2020, there were three unemployed workers per opening in the state, and five unemployed workers per opening in the Northeast and U.S. [ read more ]

  • Short-Term Employment Projections Through 2023.  May 2022 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past two years have been a period of unprecedented economic change during which labor markets adapted to COVID-19 mitigation. In early 2020, the US economy had a 2-month recession, the shortest on record.1 Employment peaked in February at 152.5 million and fell by 22 million two months later. Employment began to quickly rebound and more than half of the 22 million jobs lost were recovered by September 2022. The most recent month of data marks two years from the February 2020 pre-COVID employment peak and show that the current employment level has recovered 92.8% of jobs lost nationwide during the recession.

    Figure 1 shows the impact of the COVID-19 recession and recovery on northeast states through March 2022. Every northeast state had 2020 percent losses that were steeper than the U.S. Connecticut's 17% decline was the second lowest in the Northeast. Adjacent states of Massachusetts, New York, and Rhode Island had respective drops of 18.4%, 20.2%, and 21.3%. In the two years since the February 2020 peak, Connecticut has recovered 81.8% of the jobs lost during the COVID-recession, more than New York (76.4%), but less than Massachusetts (87.1%) and Rhode Island (85.1%). [ read more ]  

  • LEHD: Data that Help Better Explain the Connecticut Labor Market.  December 2021 (4.7M) Pg.1-5
    By Patrick.Flaherty, Director of Research and Matthew Krzyzek, Economist, Department of Labor

    Connecticut has now regained 73% of the jobs lost during the COVID-19 shutdown and the unemployment rate has fallen to 6.4% as of October 2021. These numbers give a "snapshot" of economic conditions based on the Current Employment Statistics (CES) and Local Area Unemployment Statistics (LAUS), two surveys that provide a timely picture of Connecticut's labor market conditions.

    While not as timely, more detail regarding the workings of the labor market is available through the Longitudinal Employer-Household Dynamics (LEHD) data published by the U.S. Census Bureau. This data is possible due to the Local Employment Dynamics (LED) partnership between the Census Bureau and state workforce agencies including the Connecticut Department of Labor. [ read more ]

  • All State Economic Indexes Fell in 2020 Due to the COVID Pandemic.  October 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Because of the COVID-19 pandemic, all state economic indexes fell over the year. After annual revisions, Connecticut ranked 35th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2020, down from the 25th position in 2019. Utah came in first in the nation with the highest index of 143.1 last year, while Hawaii placed last (103.3). Our state's index of 114.2 was below the nationwide value of 119.8

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2021 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2020 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2020 data.xlsx

  • All of Connecticut Town Economic Indexes Fell in 2020 Due to the COVID-19 Pandemic.  September 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy shrank last year because of the COVID-19 pandemic, as all of 169 municipalities' fell in 2020. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2020 data.xlsx

  • Much Ado About Parking  July 2021 (1.5M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With more parking space than public parkland in its downtown, Hartford's planners are considering the role parking plays in city life. The 435.2 acres of parking in downtown's two square miles would cover the University of Hartford campus, Bushnell Park, and the entire river-front park system in Hartford and East Hartford combined. Comparable cities such as Cambridge, MA and Arlington, VA dedicate 80% less land to parking than our capital city. This article looks at the challenges excess parking brings to Hartford; the ambitious measure taken by the city to integrate parking with development to attract new residents; and a new downtown development that applies design principles prioritizing vibrant street life over storing cars.

    From 1960 to 2000, Hartford's parking-to-building-area ratio more than doubled because of its desire to emulate suburbs' easy access to parking. Map 1 shows the results of this trend. The city's 21st century development priorities are evolving from its pursuit of Class A office space1 to adding housing that would transform downtown from a briefcase town to a vibrant and diverse 24-hour community with active street life. Since 2014, 881 apartments have been added downtown, with 477 more under construction, and 188 units in planning or design phases. [ read more ]

  • Short-Term Employment Projections Through 2022.  May 2021 (4M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    CURRENT SITUATION
    The past year is certainly one that won't be forgotten. The economy fell from record highs to record lows over the course of two months. From February to April 2020, the US and Connecticut economies fell respectively by 14.7 and 17.2 percent. In the year since, both have recovered just over 58% of the jobs lost from the February US employment peak to the April employment trough. When compared to other states, Connecticut's employment recovery rate (April 2020 to Feb. 2021) has been larger than the adjacent states of New York and Massachusetts but lower than Rhode Island's.

    Connecticut Short-Term Projections
    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projection by industry and occupation. The current projections are for the period from the second quarter of 2020 to the second quarter of 2022. This base quarter coincides with the April 2020 employment trough and illustrates where we project employment to be two years after the start of the pandemic. Through 2022Q2, we project overall employment in Connecticut to increase by 13.5% from 1,541,793 to 1,750,039, as is shown in the industry table. This projected growth suggests that the state will rebound through 2022Q2 and recover most of the employment lost during the pandemic. [ read more ]  

  • A look at Connecticut's Bioscience Industry Employment  April 2021 (4M) pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The events of the past year have highlighted the importance of Bioscience. The immediate need for pandemic mitigation resulted in a global mobilization that rapidly produced vaccines and increased medical equipment production. Bioscience Doesn't fall within a specific North American Industrial Classification System (NAICS) industry code and contains a broad cross-section of service industries and goods producing industries such as pharmaceutical, chemical, and medical device manufacturing.1 In February 2012, the Connecticut Economic Digest published an article on Bioscience which overviewed key industries that make up that sector in the state.2 The table below uses the bioscience industry cluster defined in that article and shows that in 2019 (the last year of annual data), the state had over a thousand Bioscience establishments that employed over 23,000 workers. This industry definition Doesn't account for the total impact of Bioscience on overall employment given spillover effects on other sectors such as Education and Health Care, and it Doesn't account for the total labor supply of available workers given that many employed in other forms of manufacturing or research & development have compatible occupational skills that would be relevant to an employer looking to expand in the state.

    The pie chart illustrates that across all Bioscience industries, about half are in the service sector and half are in the goods producing sector. Among the 8 industries, the largest two industries, Research & Development in Sciences (32%) and Medical Equipment & Supplies Manufacturing (28%) account for about half of Bioscience employment in the state. [ read more ]

  • CBD and THC: "High" Trends in Connecticut and the Nation.  December 2020 (1M) Pg.1-5
    Caroline Czajkowski, Department of Labor

    Cannabidiol (CBD) is a non-psychoactive natural compound primarily extracted from the hemp plant which is being investigated for numerous potential health benefits. Tetrahydrocannabinol (THC) is the chemical component in marijuana that causes the euphoric "high." In recent years the debate on CBD and THC has taken the nation by storm. Products can be purchased in a multitude of forms ranging from oils and cartridges to bath products. Proponents of both natural compounds claim that they have many therapeutic effects. However, critics are skeptical as limited research and data is currently available on both substances. With divided opinions on whether these compounds have beneficial or detrimental effects on both individuals and a society, it is noteworthy to investigate our nation and Connecticut's current standing on CBD and THC as well as the effects on our local economy.

    CBD is a cannabinoid, one of over 100 naturally occurring chemical compounds found in the cannabis plant. It can be derived from both hemp and marijuana plants. CBD extracted from hemp is federally legal in the United States, but if acquired from marijuana is classified as a schedule 1 drug. Unlike it's distant cousin THC, CBD is non-psychoactive, meaning it will not provide a hallucinatory effect which is associated with marijuana utilization.  [ read more ]

  • State Economic Indexes Lower in 2019.  November 2020 (564K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance ranked 32nd in 2019 when compared to other states and the District of Columbia (DC). This is up from 37th in 2018 and the best ranking in nine years.

    For the second time, South Carolina came in first in the nation with the highest index of 192.3 last year, while Alaska continued to place last (113.2). Our state's index of 144.2 was below the nationwide value of 153.4.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2020 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2019 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2019 data.xlsx

  • Connecticut Town Economic Indexes Fell Slightly in 2019.  October 2020 (396K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy continued its moderate growth last year, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced five years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2019 data.xlsx

  • A look at the Changing Demographic Composition of Connecticut Employment: 1999-2019  September 2020 (368K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Newly released data through 2019 illustrates changes in the demographic composition of employment in the years leading up to the 2019 business cycle peak. During the past year the economy went from one extreme to the other. In a matter of weeks, the pandemic paused many sectors of the economy and required populations globally to change behavior and adapt to minimize its impact on public health. Unemployment went from a historic low to a historic high, unemployment claims reached record levels, and the US economy went swiftly into a recession by the first quarter of this year. A look at the demographic trends before the pandemic can give insight into what we can expect in a post-pandemic economy.

    Long Term Trends: 1999-2019
    The racial and ethnic composition of Connecticut employment has made some notable shifts over the past two decades. The U.S. Census Bureau's Quarterly Workforce Indicators (QWI) dataset allows for a detailed view of the composition of employment in the state. The Connecticut Economic Digest has previously featured this dataset in May and December of 2019 in articles that looked at age cohort changes by industry and a detailed look at demographic breakdown of overall employment by firm size.

    Those articles showed that the share of the Connecticut workforce over age 54 has doubled over twenty years with pronounced increases in major sectors such as Manufacturing and Healthcare & Social Assistance. The December 2019 article illustrated how cyclical employment changes and the demographic composition of employment vary by firm size. [ read more ]  

  • What Commuter Rail Brings to Central Connecticut  July 2020 (444K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Generational change for commuters arrived on June 18, 2018 as the Hartford Line passenger railroad, also known as CT Rail, began daily service between New Haven and Springfield, MA. Official rollout of the service began after a preview weekend so popular that trains had to intermittently stop taking passengers. The $768 million project came to life through a partnership among the Connecticut and Massachusetts state transportation departments, Amtrak, and several federal agencies. This article offers a brief look at CT Rail's vision and origin, its ridership, and development plans in various stages of completion since CT Rail's inception two summers ago. [ read more ]

  • Signs of Hope Despite Unprecedented Declines.  June 2020 (493K) Pg.1 & 5
    By Matthew Krzyzek, Economist, Department of Labor

    The global impact of COVID-19 has resulted in an unprecedented pause to economies all over the world. In April, U.S. payroll employment fell by 20.5 million jobs with declines reported in all 50 states. Connecticut lost a historic 266,300 net jobs, a -15.9% decline in just one month.

    As of early May 2020, approximately 300,000 Connecticut workers were receiving benefits. Compared to the 2009-2010 recession, 2020 claimants are more likely to be female, are younger on average, and are more likely to have worked in Accommodation & Food Service, Retail Trade, or Health Care & Social Assistance. The 2009-2010 recession saw the largest number of claims in manufacturing and construction. Workers in these industries are, on average, older and more likely to be male than workers in the economy as a whole. [ read more ]  

  • Connecticut Projected to Add Fewer Jobs Through 2021.  May 2020 (367K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    The whole world has changed in the few short weeks since we completed the latest short term projections in February 2020. At the time, the U.S. unemployment rate was lower than it had been at any time since the late 1960s and Connecticut jobs were growing. Since then the COVID-19 health crisis and the related shutdown of nonessential businesses caused a drastic shift in the employment outlook. Many leading analysts1 have declared that there is a 100% chance that the U.S. economy has entered a recession. One indicator of change is claims for unemployment insurance. As of April 11, 16 million American workers were collecting unemployment insurance with another 4 million filing claims the following week.

    Connecticut's economy has also been affected by the health crisis and the shutdowns and has seen a large increase in unemployment claims and will clearly suffer a recession along with the nation. What we don't know (what no one knows) is how long it will last. Therefore, we are presenting below our previously-completed short term projections for employment in the 2nd quarter of 2021. This represents a "best case" scenario - that while severe, the recession will be short and the national and Connecticut economies will bounce back early next year so that by next summer we'll be back on track. We will then discuss the risks to this outlook which are, unfortunately, all on the downside.

    Connecticut Employment Projections 2019-2021
    In February 2020, the Connecticut Department of Labor's Office of Research projected that Connecticut's overall employment increase by 0.4% from 2019Q2 to 2021Q2. Employment was projected to increase in Connecticut from 1,815,649 to 1,822,595 with Health Care, Transportation & Warehousing, and Social Assistance adding the most jobs.

    The projected two year employment growth of 6,950 jobs is comparable to many northeast states. Almost every other New England state had projected growth of 1.5% or less. Massachusetts' 2.3% projected two-year growth differentiates it from the rest of the region and is driven in large part by its Boston metropolitan area. Additionally, neighboring New York projected 2.0% growth through 2021. [ read more ]  

  • Connecticut's Overall Economy Sends Mixed Signals in 2020.  March 2020 (412K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell in Connecticut for the first time since 2010 and the overall economy weakened in 2019. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly last year, although the unemployment rate continued to fall since 2011. While real personal income continued to increase for the last six years, the value of the annual diffusion index of 58 state economic indicators dropped to the lowest level since 2010, indicating a slowing but still positive level of growth.

    Nonfarm Employment
    After our latest annual revision (based on annual average, not seasonally adjusted data), in 2019 Connecticut actually lost employment for the first time since 2010 (-3,300 jobs, -0.2%). In 2018, 2,600 jobs were created (+0.2%). By contrast, employment grew much faster in the nation (1.6% in 2018 and 1.4% in 2019). Employment growth appears to be slowing nationally and in our neighbor states partially due to very low unemployment rates.

    The past three years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2020 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout most of the 120-month employment recovery period to date. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. Slowing growth rates should be expected this long into a recovery. [ read more ]  

  • Examining the composition of Connecticut's employment by demographics and firm size.  December 2019 (372K) Pg.1-5
    By Matthew Krzyzek, Economist, Office of Research Department of Labor

    Connecticut employment has been growing since the end of the great recession nearly a decade ago. In recent years, industries such as manufacturing, health care, and warehousing have driven overall growth. In addition, there have been other important trends in Connecticut's labor market. For example, in the ten year period from 2007 to 2017, employment at private firms in Connecticut has gotten older, less male, and less white. At the same time, the share with a Bachelor's degree or more has fallen. Employment in firms with 500 or more employees has increased while employment at smaller firms has fallen.

    DEMOGRAPHICS OF EMPLOYMENT CHANGE
    Private sector job growth was quite modest from 2007 to 2017, a period that spanned the great recession. However, the number of workers aged 55 and over increased 37% in that ten year period. The portion aged 55 and over increased from less than 20% to more than 25% of all workers. The number of workers aged 25 to 54 declined as the last of the baby boom aged into the 55 and over group while the number under age 25 declined due to lower birthrates in recent decades and a drop in labor force participation for those aged 16 to 18.

    Looking at other demographic factors, in each of the past two decades, the number of males employed has decreased slightly while the number of females increased a bit. By 2017 the number of females employed slightly outnumbered the number of males employed in private sector payroll jobs. At the same time, the number of white and not Hispanic or Latino workers has declined while all other groups have seen increases with Black or African-American employment up 18% and employment of Hispanic or Latino workers up 28% in the ten years from 2007 to 2017. [ read more ] 

  • State Economic Indexes Improve Further in 2018.  November 2019 (377K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance last year was the best in terms of ranking in eight years. After annual revisions, Connecticut ranked 37th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2018, up from the 38th position in 2017.

    For the first time, South Carolina came in first in the nation with the highest index of 171.3 last year, while Alaska continued to place last (109.4). Colorado, which had ranked number one for three years in a row, fell to 13th place in 2018. Our state's index of 136.9 was below the nationwide value of 148.0.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2019 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2018 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2018 data.xlsx

  • Connecticut Town Economic Indexes Rose Higher in 2018.  October 2019 (340K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back strongly in 2018 after having slowed down in 2016 and 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced four years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]

    Download CTEI 2005-2018 data.xlsx

  • Redevelopment for Workforce Housing. September 2019 (342K) Pg.3-4.
    By Al Sylvestre, Research Analyst, Department of Labor

    The vision of Connecticut as a prosperous, inviting, and invigorating place to live, work, and play is brought to life by plans, places, and the networks that connect them. The most recent annual gathering of southern New England's land use planners, economic development professionals, and scholars featured ideas, plans, and projects of great place making. Place making is fundamental to bringing growth and prosperity that business, government, and education leaders speak about when they talk of making Connecticut competitive with its neighbors. [ read more ] 

  • The Higher Education / Workforce Report.  July 2019 (355K) Pg.4-5
    By Patrick.Flaherty, Director of Research, Department of Labor

    Most graduates of Connecticut's public colleges and universities work in Connecticut. Graduates from the wide range of programs are working in nearly every industry in our state. Shortly after leaving college, many graduates are employed in retail and food service. However, as time passes they are more likely to move to other industries such as manufacturing and health care. Average wages rise significantly in the years following graduation. [ read more ] 

  • Connecticut Projected to Add Jobs Through 2020.  May 2019 (348K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Connecticut has many strengths, including its highly-educated workforce, growth of high-paying fields such as manufacturing, a high concentration of world-class universities, and its comparative affordability to highcost major metropolitan areas in neighboring states. However, job growth has been slower than the nation as a whole, and slower than in our neighbor states.

    Connecticut is projected to continue to add jobs over the next two years with many of the trends observed over the past two years continuing through 2020. Connecticut's overall economy improved in 2018 (see the March 2019 Digest) with the eighth consecutive year of employment growth. Even though the past two years had the slowest growth since the end of the recession, Connecticut's unemployment rate fell to its lowest level since 2002, while the employment to population ratio hit a ten year high with the labor force participation rate at its highest level in eight years.

    The unemployment rate is low despite slow job growth because our working-age population has also increased at a slower pace - up 5.2% over ten years compared to a 9.9% increase nationally. To put it simply, our slower population growth is resulting in slower employment growth. [ read more ] 

  • Complete Streets are Sweet. April 2019 (352K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Because every trip begins and ends on foot, universal access to work, education, and recreation is the guiding principle that gave rise to complete streets, the design and operation of streets that are safe for all users inclusive of people with disabilities and public transit users as well as motorized and non-motorized vehicle operators. Since 2009, the Department of Transportation (ConnDOT), guided by its Bicycle and Pedestrian Advisory Board (Bike and Ped Board), is bringing safer commuting to Connecticut's cities and towns. This article illustrates some benefits attributable to complete streets along with a brief description of how ConnDOT supports municipal efforts to bring complete streets to their residents.

    The Capitol Region Council of Governments (CRCOG) outlines five categories of Complete Streets' benefits in its bike and ped plan for the region.[ read more ] 

  • Connecticut's Overall Economy Improves in 2018.  March 2019 (391K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Although employment growth slowed in Connecticut, the overall economy did pick up in 2018. The revised total nonfarm employment increased for the eighth consecutive year, while the unemployment rate has been falling since 2011. Moreover, real personal income has increased for the last five years, and the value of annual diffusion index of 57 state economic indicators rose higher than in 2016 and 2017.

    Nonfarm Employment
    After our latest annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,600 jobs (+0.1%) in 2018, which was fewer than the 3,500 jobs (+0.2%) in 2017. By contrast, employment grew much faster in the nation (1.6% in 2017 and 1.7% in 2018).

    The past two years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2019 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout the most of its 107-month employment recovery so far through January 2019. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • Are Gig Jobs Transforming the Labor Markets?  December 2018 (359K) Pg.1-3
    By Patrick.Flaherty, Director of Research, Department of Labor

    Many believe that the economy and particularly the labor markets are being transformed because of the ability to order everything from a ride to a home repair via a smartphone app. Headlines such as "The gig economy workforce will double in four years" and academic papers with titles such as "The Rise and Nature of Alternative Work Arrangements in the United States" have promoted this idea. Others have raised doubts. A recent New York Times story stated, "You can see the gig economy everywhere but in the statistics" while the Conference Board recently issued a report titled "Contrary to the Hype-Real Trends in Nontraditional Work" which stated "in 2017, the share of nontraditional workers was no different than it was 20 years ago." The data do not show a clear picture. [ read more ] 

  • Is a Job Shortage Becoming a Labor Shortage?  December 2018 (359K) Pg.4-5
    By Matthew Krzyzek, Economist, DOL

    The total count of job openings exceeded the total number of unemployed workers in the U.S. for the first time on record. As of September 2018 there were more than seven million job openings compared to six million unemployed. While there is no equivalent state level statistic for job openings, there is evidence that Connecticut is experiencing a similar trend with a falling unemployment rate and a large number of job postings. Further examination of the Job Openings and Labor Turnover Survey (JOLTS) coupled with additional data sources such as the jobs postings available from Help Wanted Online (HWOL) can contextualize the labor market and explain how the Connecticut economy is doing. [ read more ] 

  • 2017 State Economic Indexes.  November 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the third year in a row, Colorado came in first in the nation with the highest index of 165.7 last year, while Alaska ranked last (105.9). Our state's index of 128.7 was below the nationwide value of 139.1.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2018 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2017 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2017 data.xlsx

  • 2017 Connecticut Town Economic Indexes.  October 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut experienced continued overall economic improvement in 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced three years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]  

    Download CTEI 2005-2017 data.xlsx

  • What is Ailing Connecticut's Economy? Is it a City Problem? Is it a Sector Problem?  July 2018 (392K) Pg.3-4
    By Manisha Srivastava, Connecticut Office of Policy and Management

    Connecticut's economic recovery from the 2007-2010 recession has lagged not only the country but also the region. Table 1 compares Connecticut's job growth and gross state product growth (GSP - a measure of goods and services produced within a region, utilized as a broad measure of economic activity) to regional states and the nation. The nation recovered jobs lost as a result of the recession by May 2014, and has since experienced job growth of 12.5%. Connecticut's job growth since the recession at 4.6% is close to Maine (5.0%) and Vermont (5.4%), but is one of the few states yet to recover all jobs lost during the recession. On GSP, Connecticut is the only state to continue losing economic activity even since the end of the recession (-3.3%). In fact, in inflation-adjusted, or real GSP terms - Connecticut's economy is at the same level it was in 2004. This lackluster economic growth has resulted in anemic revenue growth in the state, leading to years of budgetary constraints. [ download article only ] 

  • Complete Streets' Promise of Economic Benefits.  June 2018 (409K) Pg.1,5
    By Al Sylvestre, Research Analyst, Department of Labor

    Walking or bicycling to work without competition from speeding motorists is just one benefit of the Complete Streets movement that is making its effects felt in Connecticut. Since the passage of 2009 legislation, the state Department of Transportation (ConnDOT) and its advisors have been working to bring a safer commute together with Transit Oriented Development (TOD) to Connecticut's cities and towns. In addition to a brief outline of Complete Streets principles and benefits, this article describes what its application looks like in two cities and one suburb. [ download article only ] 

  • Connecticut's Short-Term Employment Projections Through 2019.  May 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Current Situation
    Connecticut is off to a good start in 2018. As reported in the March Digest, Connecticut's economic recovery slowed in 2017, but the first quarter of 2018 has shown significant job gains. While data are preliminary and subject to significant revision, first quarter employment rose more than 8,700 jobs from the fourth quarter of 2017 and more than 7,200 from the first quarter of 2017. Private sector employment gained 9,400 from the fourth quarter with Health Care & Social Assistance up 2,500 (+3,800 from the first quarter of 2017), Accommodation and Food Services up 1,300 (+900 from the 2017 Q1) and Professional, Scientific, and Technical Services up over 1,000. Manufacturing was a bright spot in 2017 - the first quarter of 2018 was up 5,100 from the first quarter of 2017 with most of the gains in Durable Goods.

    In 2017, the average seasonally adjusted monthly jobs gain was just 400 jobs per month compared to 1,500 jobs per month for the first three months of 2018. Though this pace of growth is not likely to continue - and is subject to revision - the Connecticut economy was showing positive momentum as we headed into spring. [ download article only ] 

  • Connecticut Economic Recovery Slows Down Further in 2017.  March 2018 (228K) Pg.1-5
    By Jungmin Charles Joo, Office of Research Department of Labor

    As predicted this time last year, Connecticut's economy did continue to improve in 2017, and at a slower pace than in 2016 (March 2017 article). For the seventh year in a row, the revised total nonfarm employment increased, while the unemployment rate fell. However, real personal income decreased for the last two years, and more economic indicators pointed in negative directions than in 2016.

    Nonfarm Employment
    After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,800 jobs (+0.1%) in 2017, which was fewer than the 4,800 jobs (+0.3%) in 2016. By contrast, employment grew much faster at 1.8% in 2016 and 1.6% in 2017 in the nation.

    Last year's Connecticut employment recovery was the slowest in the last seven years. In fact, the current 2010-2018's monthly job recovery rate has been trending downward from the beginning, averaging below 0.1 percent throughout the most of its 95-month employment recovery so far. In contrast, the 2003-2008 recovery period showed rising recovery rate, and during the 1993-2000 period, the monthly job growth rate had risen steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • State Economic Indexes (SEI), 2010-2016.  October 2017 (375K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut ranked 32nd out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2016, moving up from the 39th position in 2015. In fact, last year's overall economic performance was the best in terms of the ranking in six years. Colorado, once again, ranked first in the nation with the highest index last year (145.3), while Wyoming came in last (102.6). Our state's index of 120.5 was below the nationwide value of 124.5.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2017 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes, an annual composite index of each of the 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2016 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2013-2016.  September 2017 (375K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    The Connecticut Town Economic Index showed the state's cities and towns experienced further economic improvement in 2016, though at a slower pace than in 2015.

    CTEI: Methodology: The CTEI was introduced two years ago and is being released annually. The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in the state. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ download article only ] 

  • Anchor Institutions and the Innovation Economy.  June 2017 (336K) Pg.1,2,5
    By Al Sylvestre, Research Analyst, Department of Labor

    Anchor Institution Characteristics
    Hospitals and institutions of higher learning deploying their considerable resources to promote neighborhood revitalization through economic development are known as anchor institutions. Often acting in concert with nonprofit and public agencies, anchor institutions create opportunities for home ownership among low- and moderate-income households as well as supporting educational and apprenticeship programs for disadvantaged youth to prepare them for gainful employment.

    This article offers a brief look at two prominent Connecticut anchor institutions and others throughout the country as examples of how institutional self-interest and philanthropy have successfully combined to drive the revitalization of the communities that host these institutions. If these institutions continue to be nourished by capital, innovation, and the commitment of community and social resource providers, the possibility remains that impoverished communities can flourish through the perseverance of individuals and institutions that see potential in their neighborhoods. [ download article only ] 

  • Short-Term Employment Projections Through 2018.  May 2017 (355K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor and Patrick.Flaherty, Director of Research, Department of Labor

    Each year, the Office of Research at the Connecticut Department of Labor produces short-term employment projections by industry and occupation. The projections are based on a careful analysis of the Connecticut economy and labor market.

    Current Situation
    March of 2010 was the first month of payroll job growth after the great recession. Seven years later the Connecticut economy has regained 91,200 jobs or 77% of the 119,100 lost during the "great recession" as of March 2017. Overall employment growth has been dampened by the government sector which is down 14,000 jobs since February 2010. Private sector employment has fared significantly better having recovered 94% of the jobs lost during the downturn. [ download article only ] 

  • The Crossroads of Millennials and Migration.  December 2016 (411K) Pg.1-5
    By Manisha Srivastava, Connecticut Office of Policy and Management

    The nation is closely watching the actions of millennials - what do millennials like, what are their work preferences, where do millennials want to live? And there is good reason for this attention - millennials now make up the largest living generation. According to the Pew Research Center, millennials, whom they define as born between 1981 and 1997, recently surpassed baby boomers in 2015 as the largest living generation. As a result the preferences of millennials do have a sizable impact on the economy - and their choices have substantially deviated from those of prior generations. But as millennials age their preferences likely will return to historical norms, which could benefit Connecticut. Long-run domestic migration patterns show Connecticut has historically imported adults in their late twenties and thirties (and forties when international migration is included). As millennials start settling down and moving into larger homes, safe communities, and for good schools, hopefully Connecticut will stand out as a top destination. [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2010-2015.  October 2016 (404K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Town Economic Index (CTEI) showed the state's cities and towns experienced further economic improvement in 2015. The CTEI was introduced last year and will be released annually in the October issue. The revised 2011 index values for all 169 cities and towns in the state are available upon request.

    CTEI: Methodology: The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • Introducing the State Economic Indexes (SEI).  November 2016 (319K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    If the 50 states and the District of Columbia, Connecticut ranked 38th in the State Economic Indexes (SEI) in 2015. Our state's index of 118.9 was below the nationwide value of 124.1 (see table on page 2). Over the last five years, Connecticut's overall index performed the worst in 2013, ranking 45th. However, last year was the best since 2011, bringing up the state to 38th position. As the chart on page 3 shows, Colorado ranked first in the nation with the highest index last year (137.9), while New Mexico came in last (107.2). [ download article only ] 

  • Business Formation in Connecticut: 2000-2015.  August 2016 (328K) Pg.4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Secretary of the State's office maintains records of all business entities in the state. From these records, an aggregation of business type and location has produced interesting data on business formation change in Connecticut over time. This information is available publicly from 1980 to 2015 by business entity type and geographically down to town levels. This article examines business formation change from 2000-2015 and shows how recent cyclical factors have impacted business development in the state. [ download article only ]  

  • Introducing the Job-to-Job Flows Data.  July 2016 (365K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    This article introduces a new set of statistics about the dynamic nature of the labor market - the Job-to-Job Flows. These statistics provide information on workers who leave or lose one job and take another with little or no unemployment in between. For example, when a worker quits one job to take a better job at a different company, this will be counted as a job-to-job flow. While the data is still considered "Beta" and will be enhanced and improved in future years, the recently released numbers help us understand job changes in Connecticut.  [ download article only ] 

  • Connecticut's Short-Term Employment Outlook to 2017.  May 2016 (347K) Pg.1-5
    By Sarah Pilipaitis, Economist, Department of Labor

    Connecticut is now into its sixth year of recovery from the recession that took its toll on the state from 2008 to 2010. Over the recession, Connecticut lost over 5% of its nonfarm employment, roughly 91,100 jobs based on annual averages. The annual average nonfarm employment reached its peak in 2008 at 1,699,100 jobs. By the time it reached the trough in 2010, the state's employment had fallen to 1,608,000 jobs. The largest losses came from the construction, manufacturing, trade, transportation and utilities, and the professional and business services sectors. Those four sectors alone accounted for 80% of the lost jobs. The lone sector that was able to create jobs during the recession was education and health services, expanding by about 10,000 jobs from the peak to trough years. [ download article only ] 

  • Connecticut's so-called Misery Index Falling as of Late.  November 2015 (234K) Pg.1-3
    By Lincoln S. Dyer, Economist, DOL Lincoln.Dyer@ct.gov

    A straight forward Misery Index was developed in the 1960's by Yale economist Arthur Okun, who is primarily known for formulating Okun's Law - a perceived inverse relationship between a country's unemployment rate and its national output - gross domestic product (GDP). As a nation's unemployment rate declined, Okun's Law inferred that a country's gross product/output increased with some degree of regularity, and/or vice versa. This fundamental supposition of Okun's Law has held up pretty well over time. Okun's Misery Index, aptly an economic indicator that similarly is utilizing the unemployment rate (seasonally adjusted), is essentially the unemployment rate added to the annualized inflation rate (UR+CPI U annualized). These are two statistics our federal/state cooperating partner, the US Bureau of Labor Statistics, produces on a monthly basis. The Office of Research shares in the development of the state's unemployment rate. [ download article only ] 

  • Introducing the Connecticut Town Economic Index (CTEI).  October 2015 (350K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • Connecticut Job Vacancy Survey.  September 2015 (371K) Pg.1-5
    By Andy Condon Ph.D., Director of Research, Department of Labor, Andrew.Condon@ct.gov

    In 2014, the Connecticut Department of Labor’s Office of Research, in partnership with the Office of Workforce Competitiveness, conducted a survey of Connecticut employers designed to estimate hiring demand and job vacancy characteristics by industry and occupation.

    Survey Sample - Information was gathered through the survey of a stratified sample of 10,300 firms in five Labor Market Areas. Firms excluded from the sampling process include Government entities and businesses with no employees. The sample was stratified by industry “supersector,” Labor Market Area and firm employment size. [ download article only ]  

  • Construction Occupational Employment Trend, 2005-2013. August 2015 (345K) Pg.4.
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The bursting of the housing bubble hit certain areas of the economy harder than others. Though Connecticut was not an epicenter of the housing bubble and bust, its impact can be seen when examining construction occupational employment. This article uses data from the Census Bureau's American Community Survey (ACS) as it provides estimates of labor market variables not captured in other datasets, including unemployment by occupation and prior occupation of those not in the labor force. From this we can get a generalized idea of how construction occupations in Connecticut have fared during the recession and recovery.[ download article only ] 

  • The Economic Impact of Tourism in Connecticut. May 2015 (367K) Pg.1-5
    Tourism Economics - Connecticut Department of Economic and Community Development

    Tourism is an important economic engine in Connecticut, and all business sectors in the state economy benefit from tourism activity directly and/or indirectly. Visitors to Connecticut represent a significant economic benefit as they spend money in the local economy on items such as lodging, food and beverage, retail purchases, and recreation. Visitor spending has an even larger impact as it ripples through the statewide economy, generating revenues and jobs for businesses spanning a wide range of industries. Since the recession, Connecticut's tourism industry has created 5,000 new jobs. Visitors to Connecticut spent $8.3 billion in 2013, generating a total economic impact of $14.0 billion, supporting nearly 119,000 total jobs.[ download article only ] 

  • Danbury Labor Market Area Profiled. February 2011 (402K) Pg.1-3 & 5
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    A labor market area is defined as an economically integrated geographic area within which individuals can reside and find employment within a reasonable distance or can readily change employment without changing their place of residence. Connecticut has nine labor market areas, named for the major cities that serve as their hubs. The areas are Bridgeport-Stamford, Danbury, Enfield, Hartford, New Haven, Norwich-New London, Torrington, Waterbury and Willimantic-Danielson.[ download article only ] 

  • The Geography of Connecticut Labor Market Dynamics. December 2010 (550K) Pg.1-3
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    The labor market is dynamic. Even during the worst months of the recession, when nationally jobs on net were declining by approximately 800,000 per month, there were still approximately four million new hires. Of course, there were even more separations, which is why total employment declined on net - but the number of separations was actually lower during the recession than during the previous period of job growth. In times of strong growth, approximately five million workers lose or leave their jobs every month. [ download article only ] 

  • Changes in Labor Market Areas. December 2004, (826K) Pg.2-5.

  • Connecticut’s Labor Market Dynamics: Clues From KLEMS? December 2009 (419K) Pg.1-3, 5.

  • Connecticut's Gold Coast (Stamford LMA) is shining. March 1998, (231K) Pg.2-3.

  • Danbury Labor Market Area thriving. August 1997, (180K) Pg.1-3.

  • Danielson Area: On A Fast Recovery Track. November 1998, (287K) Pg.2.

  • Hartford Area employment-signs of growth? September 1997, (170K) Pg.3-4.

  • Job outlook improving for New Haven Area. June 1997, (177K) Pg.4.

  • Major Northeast Gaming Labor Markets Reviewed May 2009, (403K) Pg.2.

  • Reconstructing Bridgeport. July 1998, (397K) Pg.1-4.

  • Southeastern Connecticut economic secrets revealed. May 1997, (328K) Pg.1-4.

  • Torrington Area: A diamond in the rough, The. September 1998, (272K) Pg.1-2.

  • Transformation of the Waterbury Area, The. November 1997, (227K) Pg.1-2, 4.

top

Ask the Digest
  • Connecticut's Population Gains.  April 2024 (4M) Pg.1-3
    By Patrick.Flaherty, Director of Research

    The latest population estimates from the U.S. Census Bureau show that Connecticut's population increased by 8,470 in 2023 with births outnumbering deaths by 2,115 and net migration from other states and countries totaling 6,248. While it will be some months before a breakdown by state and age will be available for 2023, the available data through 2022 show encouraging signs for Connecticut.. [ read more ]

  • How COVID has changed the Labor Market  June 2023 (4M) Pg.1,4,5
    By Patrick.Flaherty, Director of Research

    Now that three years have passed since the emergence of COVID-19 it is possible to begin to distinguish between the short-term and long-term effects of the pandemic. To provide additional measures of the effects of the COVID-19 pandemic on the labor market, the Bureau of Labor Statistics (BLS) conducted a series of Business Response Surveys. The initial survey was conducted in July through September 2020. Additional surveys were conducted in July to September 2021 and August to September 2022. The results of these surveys give some insights into the effects of the pandemic on the labor market nationally and here in Connecticut. In addition, the Job Openings and Labor Turnover Survey (JOLTS) from BLS and the Job-to-Job Flows from the U.S. Census show one unexpected effect of the pandemic - the greater willingness of workers to voluntarily leave their jobs and the resulting increase the number of job openings.

    The 2020 Business Response Survey showed that Connecticut's business response to the pandemic was similar to businesses in the nation as a whole. For example, 51.9% of establishments nation-wide told employees not to work and 51.3% of these continued to pay employees some or all of their pay while not working. In Connecticut, it was 52.8% and 48.1% respectively. Nationally, 55.6% of establishments experienced a decrease in demand for their products or services and 18.7% experienced a government-mandated closure. Connecticut's portion with decreased demand was 56.3% while the portion with a mandated closure was 17.3% in Connecticut. Only 17.8% of establishments nationally and 17.1% in Connecticut reported that they experienced no impact from the pandemic on their business operations. [ read more ]

  • What is the difference between "nonfarm employment" and the "employed"? July 2001, (215K) Pg.5.

  • What are Business Cycles? September 2001, (233K) Pg.5.

  • Making Sense of Census July 2002, (239K) Pg.1-3.

Consumer Price Index (CPI)

  • 1998 CPI Revision, The. May 1998, (257K) Pg.2.

  • A brief look at the Consumer Price Index. December 1996, (287K) Pg.4.

Defense Spending

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • Connecticut's Defense-Related Industry: Spending, Employment, and Dependency  September 2011  (421K) Pg.1-3, 5.
    By Mark Prisloe, Associate Economist, DECD, Mark.Prisloe@ct.gov

    This article examines how Connecticut's defense industry has fared in recent years and how much the overall state economy depends on it. When last reported in this publication (August 1996 and February 2005), from 1985 to 1995 U.S. federal defense procurement had dropped precipitously by 43% from $179 billion in 1985 to $101 billion in 1995. It was $327.5 billion in federal fiscal year (FFY) 2009. This was in part attributable to the "peace dividend" following the end of the Cold War. In Connecticut defense procurement also dropped significantly over the same period by 64%, from $7.1 billion to $2.5 billion (in fixed 1992 dollars). This trend has been thoroughly reversed by one of the largest surges in national security spending in the state's history. [ download article only ] 

  • Defense spending down. August 1996, (323K) Pg.1-3.

Education and Training

  • The Higher Education / Workforce Report.  July 2019 (355K) Pg.4-5
    By Patrick.Flaherty, Director of Research, Department of Labor

    Most graduates of Connecticut's public colleges and universities work in Connecticut. Graduates from the wide range of programs are working in nearly every industry in our state. Shortly after leaving college, many graduates are employed in retail and food service. However, as time passes they are more likely to move to other industries such as manufacturing and health care. Average wages rise significantly in the years following graduation. [ read more ] 

  • Does Education Matter? May 2013  (419K) Pg.1,2 & 5.
    By Sarah York, Economist, Department of Labor

    With the varied reports on the state of the economy recently, many people are finding it difficult to tell which direction the economy is headed. The uncertainty leads many questioning their perceived notion on how to become successful in a chosen career. With increased attention on the costs of higher education coupled with the meek jobs reports, the decision to attend college may not seem worth it. However, an analysis of the most recent data available for Connecticut suggests that there is still a significant benefit to pursue higher education. [ read more ]  

  • Even in Tough Times, Education Improves Chances in Labor Market. July 2012  (419K) Pg.3-4.
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    During graduation season, there were a number of stories in the news about the difficulty that many new college graduates are having finding employment, particularly high paying employment within a field related to their course of study. In addition, announcements by many institutions of tuition and fee increases and the debates in Washington about the interest rate changed on student loans generated media attention on the high cost of higher education. Implicit in some of this coverage is the idea that given the high cost of going to college, and the shortterm difficulty of some college graduates in the labor market, a college education might not be "worth it." While "individual results may vary" as they say (in fact they do vary significantly), on average additional education is still associated with increased employment and higher long term earnings prospects. [ download article only ]  

  • Connecticut's School-to-Career System. November 1999, (194K) Pg.4.

  • Educating Connecticut. November 2008, (415K) Pg.1-3.

  • High school graduates profiled. February 1997, (303K) Pg.1-2, 4.

  • Occupational Information System (OIS). January 1997, (315K) Pg.4.

Economic Indicators

  • Summary of Boston Consulting Group's Report: "Getting Young People Back on Track"  December 2023 (4.3M) Pg.1-5
    By Xian Guan, Associate Research Analyst, Department of Labor

    In October 2023, the Boston Consulting Company (BCG) released "Getting Young People Back on Track," an important blueprint for identifying and re-engaging disconnected and at-risk youth. The report was produced using data from the state's P20 WIN project and reached audiences including policymakers, youth services professionals, safety net service agencies, and media outlets. To further the efforts to reach at-risk young people, the Connecticut Department of Labor (CTDOL) presents the report's key findings followed by a synopsis of how the underlying data was compiled through the Connecticut longitudinal data system, P20 WIN. Additionally, CTDOL's Research Unit, a P20 WIN partner, offers three data-driven recommendations for future research.

    At-Risk and Disconnected Young People
    "Getting Young People Back on Track" concluded that during the 2021-2022 school year Connecticut had 119,000 youth between 14-26 years old who are either disconnected or at risk. Using the below definitional framework, this total is comprised of 63,000 disconnected and 56,000 at-risk youth.

    On-track: young people aged 14-26 who are engaged in the educational system or on-track for gainful employment.

    At-risk: three sub-populations-off-track, those students who do not meet state credit attainment requirements; at-risk due to other factors, such as absenteeism and/or behavioral issues; and severely off-track, those students are off-track and display additional risk factors. [ read more ]

  • All State Economic Indexes Rose Again in 2022.  October 2023 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the second year in a row, all state economic indexes increased last year. Connecticut had the twelfth-highest 2022 growth in the nation at 17.8%, exceeding the nation's 17.6% increase. Rhode Island, Colorado, Missouri, and New Jersey grew the most in 2022 while Washington, Kentucky, Nebraska, and Utah were the slowest.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2023 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2022 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate.

    Business establishments are the physical work units located in the state. Employment is the number of payroll employees in the establishments that are located in the state who are covered under the unemployment insurance law (nearly the universe count of all the payroll employees in each state). Average annual pay is the aggregate wages earned divided by the total average employment. Establishments, employment, and wages are proxies for each state's business activities and its overall economic strength, while the unemployment rate measures the overall economic health of each state's working residents. [ read more ]

    Download SEI 2010-2022 data.xlsx

  • All of Connecticut Town Economic Indexes Recover in 2022.  September 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as all municipalities' indexes rose in 2022, a recovery for all 169 cities and towns that fell in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2022 data.xlsx

  • 2021 Economic Indexes Rebounded in All States.  November 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Economic indexes bounced back last year in all states after having fallen in 2020. Forty-nine states (including Connecticut) had faster growth in 2021 than in 2019 - the last pre-pandemic year while one state matched the 2019 pace.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2022 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census of Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2021 period.

    These indexes provide a measure of the overall economic strength of each state. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2021 data.xlsx

  • Nearly All of Connecticut Town Economic Indexes Recover in 2021.  October 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as 99% of municipalities' indexes rose in 2021, after all of 169 cities and towns having fallen in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2021 data.xlsx

  • All State Economic Indexes Fell in 2020 Due to the COVID Pandemic.  October 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Because of the COVID-19 pandemic, all state economic indexes fell over the year. After annual revisions, Connecticut ranked 35th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2020, down from the 25th position in 2019. Utah came in first in the nation with the highest index of 143.1 last year, while Hawaii placed last (103.3). Our state's index of 114.2 was below the nationwide value of 119.8

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2021 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2020 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2020 data.xlsx

  • All of Connecticut Town Economic Indexes Fell in 2020 Due to the COVID-19 Pandemic.  September 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy shrank last year because of the COVID-19 pandemic, as all of 169 municipalities' fell in 2020. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2020 data.xlsx

  • State Economic Indexes Lower in 2019.  November 2020 (564K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance ranked 32nd in 2019 when compared to other states and the District of Columbia (DC). This is up from 37th in 2018 and the best ranking in nine years.

    For the second time, South Carolina came in first in the nation with the highest index of 192.3 last year, while Alaska continued to place last (113.2). Our state's index of 144.2 was below the nationwide value of 153.4.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2020 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2019 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2019 data.xlsx

  • Connecticut Town Economic Indexes Fell Slightly in 2019.  October 2020 (396K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy continued its moderate growth last year, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced five years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2019 data.xlsx

  • State Economic Indexes Improve Further in 2018.  November 2019 (377K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance last year was the best in terms of ranking in eight years. After annual revisions, Connecticut ranked 37th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2018, up from the 38th position in 2017.

    For the first time, South Carolina came in first in the nation with the highest index of 171.3 last year, while Alaska continued to place last (109.4). Colorado, which had ranked number one for three years in a row, fell to 13th place in 2018. Our state's index of 136.9 was below the nationwide value of 148.0.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2019 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2018 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2018 data.xlsx

  • Connecticut Town Economic Indexes Rose Higher in 2018.  October 2019 (340K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back strongly in 2018 after having slowed down in 2016 and 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced four years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]

    Download CTEI 2005-2018 data.xlsx

  • 2017 State Economic Indexes.  November 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the third year in a row, Colorado came in first in the nation with the highest index of 165.7 last year, while Alaska ranked last (105.9). Our state's index of 128.7 was below the nationwide value of 139.1.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2018 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2017 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2017 data.xlsx

  • 2017 Connecticut Town Economic Indexes.  October 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut experienced continued overall economic improvement in 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced three years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]  

    Download CTEI 2005-2017 data.xlsx

  • State Economic Indexes (SEI), 2010-2016.  October 2017 (375K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut ranked 32nd out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2016, moving up from the 39th position in 2015. In fact, last year's overall economic performance was the best in terms of the ranking in six years. Colorado, once again, ranked first in the nation with the highest index last year (145.3), while Wyoming came in last (102.6). Our state's index of 120.5 was below the nationwide value of 124.5.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2017 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes, an annual composite index of each of the 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2016 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2013-2016.  September 2017 (375K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    The Connecticut Town Economic Index showed the state's cities and towns experienced further economic improvement in 2016, though at a slower pace than in 2015.

    CTEI: Methodology: The CTEI was introduced two years ago and is being released annually. The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in the state. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ download article only ] 

  • Introducing the State Economic Indexes (SEI).  November 2016 (319K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    If the 50 states and the District of Columbia, Connecticut ranked 38th in the State Economic Indexes (SEI) in 2015. Our state's index of 118.9 was below the nationwide value of 124.1 (see table on page 2). Over the last five years, Connecticut's overall index performed the worst in 2013, ranking 45th. However, last year was the best since 2011, bringing up the state to 38th position. As the chart on page 3 shows, Colorado ranked first in the nation with the highest index last year (137.9), while New Mexico came in last (107.2). [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2010-2015.  October 2016 (404K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Town Economic Index (CTEI) showed the state's cities and towns experienced further economic improvement in 2015. The CTEI was introduced last year and will be released annually in the October issue. The revised 2011 index values for all 169 cities and towns in the state are available upon request.

    CTEI: Methodology: The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • Business Formation in Connecticut: 2000-2015.  August 2016 (328K) Pg.4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Secretary of the State's office maintains records of all business entities in the state. From these records, an aggregation of business type and location has produced interesting data on business formation change in Connecticut over time. This information is available publicly from 1980 to 2015 by business entity type and geographically down to town levels. This article examines business formation change from 2000-2015 and shows how recent cyclical factors have impacted business development in the state. [ download article only ]  

  • Connecticut's so-called Misery Index Falling as of Late.  November 2015 (234K) Pg.1-3
    By Lincoln S. Dyer, Economist, DOL Lincoln.Dyer@ct.gov

    A straight forward Misery Index was developed in the 1960's by Yale economist Arthur Okun, who is primarily known for formulating Okun's Law - a perceived inverse relationship between a country's unemployment rate and its national output - gross domestic product (GDP). As a nation's unemployment rate declined, Okun's Law inferred that a country's gross product/output increased with some degree of regularity, and/or vice versa. This fundamental supposition of Okun's Law has held up pretty well over time. Okun's Misery Index, aptly an economic indicator that similarly is utilizing the unemployment rate (seasonally adjusted), is essentially the unemployment rate added to the annualized inflation rate (UR+CPI U annualized). These are two statistics our federal/state cooperating partner, the US Bureau of Labor Statistics, produces on a monthly basis. The Office of Research shares in the development of the state's unemployment rate. [ download article only ] 

  • Introducing the Connecticut Town Economic Index (CTEI).  October 2015 (350K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • A Look at Phil Fed's Coincident and Leading Indexes.  April 2013 (423K) Pg.4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    State Coincident Indexes. The Federal Reserve Bank of Philadelphia produces a monthly coincident index for each of the 50 states and the nation, and it combines four state-level indicators, nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the consumer price index (U.S. city average) to summarize current economic conditions in a single statistic. The trend for each state's index is set to the trend of its gross domestic product (GDP), so longterm growth in the state's index matches long-term growth in its GDP. [ download article only ] 

  • Coincident and Leading Employment Indexes Recalibrated for the New Millenium. March 2001, (226K) Pg.6-7.

  • Introducing the Connecticut Manufacturing Production Index. June 1999, (311K) Pg.1-2.

  • New auto registrations: what's really under the hood? February 1998, (238K) Pg.3-4.

  • Unmasking the Unemployment Rate. February 2003, (254K) Pg.1,3.

Employment Cost Index (ECI)

  • A look at the Employment Cost Index. October 1996, (305K) Pg.4.

Green Jobs

  • It's Not Easy Defining Green (with apologies to Kermit the Frog). September 2010 (408K) Pg.1-3,& 5
    By Patrick J. Flaherty, Economist, Department of Labor Patrick.Flaherty@ct.gov

    Concern about the environment, unstable world energy markets, a desire to find new and creative ways to grow the economy, and significant public investment have kept interest high in the definition of "green jobs." Approximately $60 billion of the $787 billion stimulus package passed by Congress in 2009 was devoted to green activities. Data available on the Governor's website show over $200 million in grants to state agencies and another $200 million in tax credits and grants to other entities in Connecticut in the areas of energy and the environment from the stimulus legislation. [ download article only ] 

  • How "Green" is Connecticut's Economy? December 2008, (415K) Pg.1-3,5.

Labor Surplus Areas

  • Labor surplus areas offer advantages to businesses. December 1997, (249K) Pg.4.

Job Fairs

North American Industry Classification System (NAICS)

  • NAICS - A New Look at Connecticut Industry. January 2000, (176K) Pg.3-4.

  • NAICS Implementation is Underway. February 2002, (207K) Pg.5.

  • Nonfarm Employment Data under NAICS. December 2002, (238K) Pg.1-2.

  • North American Industry Classification System. November 1996, (300K) Pg.4.

Seasonal Adjustment

  • Economic data: to adjust or not to adjust? November 1996, (300K) Pg.1-3.

Small Business

  • Is Connecticut a Small Business State? May 2012  (329K) Pg.1-5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    A widely held belief is small businesses create most of the new jobs. Given the recent recession and slow recovery, there is a lot of interest in job creation and policies to promote economic growth. Using a newly available data set from the U.S. Census, this article explores the notion of job creation by both firm age and firm size, and seeks to provide some clarity on the underlying dynamics of Connecticut's labor market.

    The Business Dynamics Statistics (BDS) produced by the U.S. Census Bureau is compiled using the Census Bureau's Business Register. The Business Register covers establishments of all domestic businesses including the self-employed, but excluding private households and governments. The BDS dataset tabulates data at the establishment level (an establishment is a fixed physical location where economic activity takes place). Establishments all belong to firms (a firm may be the parent of one establishment or multiple establishments). When analyzing BDS data for Connecticut it is important to note that though the establishments are all based within Connecticut, parent firms for Connecticut's establishments can be located anywhere in the nation. [ download article only ]  

  • Connecticut Nonemployer Businesses Exceed Quarter Million. September 2007, (634K) Pg.3.

  • Small Business Advisory Council continues activities. August 1997, (180K) Pg.4.

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  • Occupational Profile: Electricians July 2024 (4M) Pg.4
    By Jennifer Goddu, Research Analyst, Department of Labor

    Electricians are skilled trade workers responsible for installing, maintaining, and repairing electrical wiring, equipment, and fixtures. Trained electricians ensure that electrical work is done in accordance with state and local building regulations based on the National Electrical Code. Enforced in all 50 states, NFPA 70, National Electrical Code, is the benchmark for safe electrical design, installation, and inspection to protect people and property from electrical hazards. Electricians work both indoors and outdoors at homes, businesses, factories, and construction sites. Duties may include installing electrical systems in newly constructed buildings or maintaining electrical equipment and systems. Maintenance work can include fixing or replacing parts, light fixtures, control systems and motors, or inspecting electrical components such as transformers and circuit breakers. Electricians read blueprints of electrical systems that show the location of circuits, outlets, and other equipment. They use a variety of tools to perform their jobs, such as conduit benders, wire strippers, screw drivers, pliers, and drills. Electricians also use a variety of testing equipment such as voltmeters, ohmmeters, ammeters, thermal scanners, and cable testers to identify electrical problems and ensure components are working properly. [ download article only ] 

  • Occupational Profile: Diagnostic Medical Sonographer April 2016 (404K) Pg.4
    By Lisa D'Acunto, Research Analyst, Department of Labor, Lisa.D'Acunto@ct.gov

    Diagnostic medical sonographers operate special imaging equipment to create images or conduct tests that help physicians assess and diagnose medical conditions. They specialize in creating images of the body's organs and tissues known as sonograms or ultrasounds. High frequency sound waves are used by a diagnostic sonographer to produce images of the inside of the body. An instrument called an ultrasound transducer is used on the parts of the patient's body that are being examined. Pulses of sound are emitted from the transducer that bounce back and cause echOEWS. Those echOEWS are then sent to the ultrasound machine, which processes them and displays them as images used by physicians for diagnosis. [ download article only ] 

  • Occupational Profile: Information Security Analysts.  October 2015 (350K) Pg.4
    By Sarah Pilipaitis, Economist, Department of Labor

    nformation security analysts plan, implement, upgrade, or monitor security measures for the protection of computer networks and information. They may ensure appropriate security controls are in place that will safeguard digital files and vital electronic infrastructure. Additionally, information security analysts may respond to computer security breaches and viruses. [ download article only ] 

  • A Closer Look at Home Care Occupations.  October 2014 (464K) Pg.1-5
    By Sarah Pilipaitis, Economist, Department of Labor

    Every two years, the Connecticut Department of Labor produces long-term occupational projections. The 2012-2022 projections show that two of the fastest growing occupations in terms of percent and net change come from the Home Health Care industry. The fastest growing occupation in Connecticut in the ten-year timeframe by net change is projected to be Personal Care Aides with a growth of 38.1 percent and 8,846 jobs. Nearby on the list of fastest growing occupations in Connecticut is Home Health Aides with a projected growth rate of 38.1% and 3,195 jobs from 2012 to 2022.1 The rise in these two occupations warrants a closer look at what each of them entails. [ download article only ] 

  • Occupational Profile: Mechanical Engineers August 2014 (414K) Pg.4
    By Michael Fitzgerald, Research Analyst, Department of Labor

    Mechanical Engineers work in a variety of industries developing, building and testing mechanical and thermal devices, including tools, engines and other machines. Mechanical Engineers typically work in an office environment but occasionally travel into the field to inspect or fix equipment. They need at least a bachelor's degree and a graduate degree may be required for management. Mechanical Engineers must be licensed if they sell their services publicly. (Occupational Outlook Handbook) [ download article only ] 

  • Occupational Profile: Dentist Hygienists April 2014 (404K) Pg.4
    By Lisa D'Acunto, Research Analyst, Department of Labor, Lisa.D'Acunto@ct.gov

    Dental hygienists clean teeth, examine patients for signs of oral diseases such as gingivitis, take x-rays, and provide other preventative dental care. They remove tartar and plaque and apply sealants and fluorides to help protect teeth. Educating patients on ways to improve and maintain good oral health is also an important part of this profession. Dental hygienists typically need an associate's degree in dental hygiene. Bachelor's degrees in dental hygiene are also available, but are less common. A bachelor's or master's degree is usually required for research, teaching, or clinical practice in public or school health programs. Every state requires dental hygienists to be licensed; requirements vary by state. Licensure requirements in most states include a degree from an accredited dental hygiene program and passing grades on written and practical examinations. [ download article only ] 

  • Occupational Profile: Personal Financial Advisors. February 2014 (335K) Pg.4
    By Linda Mothersele, Research Analyst, Department of Labor, Linda.Mothersele@ct.gov

    Personal financial advisors give financial advice to people. They help with investments, taxes, and insurance decisions. A bachelor's degree is required for an entry level position, but a master's degree and certification increases chances for advancement and a higher level of pay. While most financial advisors work out of an office, nearly 25 percent of personal financial advisors were self employed in 2010. Their schedules often involve evening or weekend meetings with clients. They may also attend conferences and conduct classes in financial planning. With a high percentage of baby boomers nearing retirement there is a strong demand for this type of service. People are having to take more responsibility for their own financial planning as the funding for pensions has decreased, thus increasing the need for this type of service. [ download article only ] 

  • Occupational Profile: Physician Assistants. December 2013 (408K) Pg.4
    By Michael Polzella, Associate Research Analyst, Department of Labor, Michael.Polzella@ct.gov

    Physician assistants, also known as PAs, practice medicine under the direction of physicians and surgeons. They are formally trained to examine patients, diagnose injuries and illnesses, and provide treatment. According to the American Academy of Physician Assistants, the Physician Assistant (PA) profession was created to improve and expand healthcare. "In the mid-1960s, physicians and educators recognized there was a shortage of primary care physicians. To remedy this, Eugene A. Stead Jr., MD, of the Duke University Medical Center put together the first class of PAs in 1965. He selected Navy corpsmen who had received considerable medical training during their military service and based the curriculum on his knowledge of the fast-track training of doctors during World War II." [ download article only ] 

  • Pharmacist Employment Outlook Delivers a Dose of Brightness. October 2010 (408K) Pg.1-2
    By Sarah York, CCT Economist, Department of Labor, Sarah.York@ct.gov

    Pharmacists have long played an important role in the healthcare industry. While physicians diagnose a patient's ailments and prescribe medicine to treat it, pharmacists are responsible for distributing that medicine in a safe and accurate manner. As their careers evolve, pharmacists have been expanding their duties. With the increases in job responsibilities and the strong reliance the healthcare industry has on pharmacists, the job outlook remains strong. [ download article only ] 

  • Accountants and Auditors. December 2002, (238K) Pg.4.

  • Automotive Service Technicians And Mechanics. January 2006, (557K) Pg.1-3.

  • Carpenters January 2002, (226K) Pg.5.

  • Chefs and Head Cooks. October 2006, (652K) Pg.1-4.

  • Computer Engineers January 2001, (249K) Pg.5.

  • Computer Support Specialists. July 2003, (192K) Pg.4.

  • Construction managers October 2007, (574K) Pg.3.

  • Correctional Officers. October 2001, (238K) Pg.5.

  • Firefighters. April 2006, (495K) Pg.5.

  • Home Health Aides May 2002, (203K) Pg.6.

  • Librarians. September 2002, (268K) Pg.5.

  • Mechanical Engineers. February 2006, (611K) Pg.5.

  • Paralegals and Legal Assistants. November 2002, (238K) Pg.5.

  • Physical Therapists. February 2003, (254K) Pg.5.

  • Public Relations Specialists. December 2006, (512K) Pg.1-2.

  • Put Your Pet Passion To Work. July 2008, (415K) Pg.1-2, 5.

  • Real estate brokers and sales agents. September 2006, (563K) Pg.1-4.

  • Recreation and Fitness Workers. January 2005, (661K) Pg.2-5.

  • Registered Nurses. June 2001, (375K) Pg.5.

  • Secondary School Teachers. December 2001, (238K) Pg.4.

  • Security Guards. January 2003, (248K) Pg.5.

  • Social and Human Service Assistants. March 2003, (266K) Pg.5.

  • Systems Analyst July 2002, (239K) Pg.4.

  • Veterinarians Jul 2009, (416K) Pg.1.

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  • Most Towns Experienced Decreases in the Unemployment Rate in 2023.  June 2024 (4.5M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2023, the annual average statewide unemployment rate was 3.8%, down from 4.1% in 2022. As the labor force bounced back for the third year from the impact of the COVID-19 pandemic, most of the municipalities continued to experience a decrease in their unemployment rate last year.

    2022 to 2023
    The unemployment rate in 89% of the cities and towns in the state fell in 2023. Washington had the lowest unemployment rate of 2.3%, while the residents of Waterbury experienced the highest rate of 5.9% last year (see table on page 3 for the complete town data). Overall, a total of 131 cities and towns had jobless rates below the 2023 statewide figure of 3.8%, 30 had rates above it, and 8 had rates equal to it. By comparison, 125 cities and towns had rates below the 2022 statewide average of 4.1%, 38 above it, and 6 were the same.

    Of the five largest cities in the state with a population of 100,000 or more, Stamford had the lowest unemployment rate of 3.5% in 2023. Waterbury posted the highest jobless rate among the large cities at 5.9%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • All State Economic Indexes Rose Again in 2022.  October 2023 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the second year in a row, all state economic indexes increased last year. Connecticut had the twelfth-highest 2022 growth in the nation at 17.8%, exceeding the nation's 17.6% increase. Rhode Island, Colorado, Missouri, and New Jersey grew the most in 2022 while Washington, Kentucky, Nebraska, and Utah were the slowest.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2023 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2022 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate.

    Business establishments are the physical work units located in the state. Employment is the number of payroll employees in the establishments that are located in the state who are covered under the unemployment insurance law (nearly the universe count of all the payroll employees in each state). Average annual pay is the aggregate wages earned divided by the total average employment. Establishments, employment, and wages are proxies for each state's business activities and its overall economic strength, while the unemployment rate measures the overall economic health of each state's working residents. [ read more ]

    Download SEI 2010-2022 data.xlsx

  • All of Connecticut Town Economic Indexes Recover in 2022.  September 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as all municipalities' indexes rose in 2022, a recovery for all 169 cities and towns that fell in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2022 data.xlsx

  • The Unemployment Rate of All Towns Fell in 2022.  June 2023 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2022, the annual average statewide unemployment rate was 4.2%, down from 6.3% in 2021. As the labor force bounced back for the second year from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2021 to 2022
    The unemployment rate in all 169 cities and towns in the state fell in 2022. Roxbury had the lowest unemployment rate of 2.5%, while the residents of Hartford experienced the highest rate of 6.5% last year (see table on page 3 for the complete town data). Overall, a total of 128 cities and towns had jobless rates below the 2022 statewide figure of 4.2%, 37 had rates above it, and 4 had rates equal to it. By comparison, 134 cities and towns had rates below the 2021 statewide average of 6.3%, 30 above it, and 5 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.9% in 2022. Hartford posted the highest jobless rate among the large cities at 6.5%. All five cities experienced over-the-year unemployment rate decreases.  [ read more ]

  • 2021 Economic Indexes Rebounded in All States.  November 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Economic indexes bounced back last year in all states after having fallen in 2020. Forty-nine states (including Connecticut) had faster growth in 2021 than in 2019 - the last pre-pandemic year while one state matched the 2019 pace.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2022 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census of Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2021 period.

    These indexes provide a measure of the overall economic strength of each state. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2021 data.xlsx

  • Nearly All of Connecticut Town Economic Indexes Recover in 2021.  October 2022 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back last year, as 99% of municipalities' indexes rose in 2021, after all of 169 cities and towns having fallen in 2020 from the effects of the COVID-19 pandemic. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2021 data.xlsx

  • 2021 Unemployment Rate by Town.  June 2022 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2021, the annual average statewide unemployment rate was 6.3%, down from 7.8% in 2020. As the labor force bounced back from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2020 to 2021
    The unemployment rate in all 169 cities and towns in the state fell in 2021. Cornwall had the lowest unemployment rate of 3.7%, while the residents of Hartford experienced the highest rate of 11.0% last year (see table on page 3 for the complete town data). Overall, a total of 134 cities and towns had jobless rates below the 2021 statewide figure of 6.3%, 31 had rates above it, and 4 had rates equal to it. By comparison, 127 cities and towns had rates below the 2020 statewide average of 7.8%, 39 above it, and 3 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 5.7% in 2021. Hartford posted the highest jobless rate among the large cities at 11.0%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • All State Economic Indexes Fell in 2020 Due to the COVID Pandemic.  October 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Because of the COVID-19 pandemic, all state economic indexes fell over the year. After annual revisions, Connecticut ranked 35th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2020, down from the 25th position in 2019. Utah came in first in the nation with the highest index of 143.1 last year, while Hawaii placed last (103.3). Our state's index of 114.2 was below the nationwide value of 119.8

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2021 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2020 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2020 data.xlsx

  • All of Connecticut Town Economic Indexes Fell in 2020 Due to the COVID-19 Pandemic.  September 2021 (5M) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy shrank last year because of the COVID-19 pandemic, as all of 169 municipalities' fell in 2020. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced in 2015 and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2020 data.xlsx

  • 2020 Unemployment Rate by Town.  June 2021 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2020, the annual average statewide unemployment rate was 7.9%, up from 3.6% in 2019. Due to the COVID-19 pandemic, all 169 municipalities experienced an increase in their unemployment rate last year.

    2019 to 2020
    The unemployment rate in all 169 cities and towns in the state rose in 2020. Sharon had the lowest unemployment rate of 4.4%, while the residents of Norwich experienced the highest rate of 14.0% last year (see table on page 3 for the complete town data). Overall, a total of 127 cities and towns had jobless rates below the 2020 statewide figure of 7.9%, 40 had rates above it, and 2 had rates equal to it. By comparison, 126 cities and towns had rates below the 2019 statewide average of 3.6%, 31 above it, and 12 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 8.1% in 2020. Hartford posted the highest jobless rate among the large cities at 13.3%. All five cities experienced over-the-year unemployment rate increases. [ read more ]

  • Update on Property Taxation  April 2021 (4M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    From the Lake Chaffee Improvement Association (Ashford) to the Borough of Jewett City (Griswold) to sandy Miami Beach (Old Lyme), property taxes1 levied by Connecticut's 169 municipalities and 310 taxing districts finance public education, safety, and infrastructure as well as some private roads and security. Real estate, motor vehicle, and personal property taxes constitute more than half of city, town, and district revenue and 98.5% of local tax collection to finance services provided by jurisdictions shown in Table 1. This article outlines local tax-assessment structures and describes novel solutions the city of Hartford developed to balance taxation among homeowners and commercial property owners. The Hartford example was chosen because its methods affect a broad cross section of property-tax payers rather than targeted relief offered by many of Connecticut's municipalities. The article concludes by describing the Massachusetts and New York experiences with property taxation limits.

    While local officials administer property assessment and taxation, state law governs the manner in which municipal assessors determine property value, assessment ratios,2 and tax-collection procedures. Additionally, state statute authorizes tax exemptions, credits, and abatements. Despite extensive public discussion about property tax reduction, state law has changed little beyond mandating abatements for veterans and offering municipalities tax relief options for people with disabilities and the elderly as well as permitting the phase-in of assessment increases over as many as five years to delay property tax increases resulting from reassessment. [ read more ]

  • State Economic Indexes Lower in 2019.  November 2020 (564K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance ranked 32nd in 2019 when compared to other states and the District of Columbia (DC). This is up from 37th in 2018 and the best ranking in nine years.

    For the second time, South Carolina came in first in the nation with the highest index of 192.3 last year, while Alaska continued to place last (113.2). Our state's index of 144.2 was below the nationwide value of 153.4.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2020 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2019 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]

    Download SEI 2010-2019 data.xlsx

  • Connecticut Town Economic Indexes Fell Slightly in 2019.  October 2020 (396K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy continued its moderate growth last year, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced five years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. The four annual average town economic indicators used as components are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number payroll employees in establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under unemployment insurance law, thus capturing nearly 100 percent of all payroll employees in each town. [ read more ]

    Download CTEI 2005-2019 data.xlsx

  • Signs of Hope Despite Unprecedented Declines.  June 2020 (493K) Pg.1 & 5
    By Matthew Krzyzek, Economist, Department of Labor

    The global impact of COVID-19 has resulted in an unprecedented pause to economies all over the world. In April, U.S. payroll employment fell by 20.5 million jobs with declines reported in all 50 states. Connecticut lost a historic 266,300 net jobs, a -15.9% decline in just one month.

    As of early May 2020, approximately 300,000 Connecticut workers were receiving benefits. Compared to the 2009-2010 recession, 2020 claimants are more likely to be female, are younger on average, and are more likely to have worked in Accommodation & Food Service, Retail Trade, or Health Care & Social Assistance. The 2009-2010 recession saw the largest number of claims in manufacturing and construction. Workers in these industries are, on average, older and more likely to be male than workers in the economy as a whole. [ read more ]  

  • 2019 Unemployment Rate by Town.  June 2020 (493K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2019, the annual average statewide unemployment rate was 3.7%, down from 4.1% in 2018. For the ninth year, most municipalities experienced a decline in their unemployment rate, although a little fewer than fell in 2018.

    2018 to 2019
    Of 169 cities and towns in the state, the unemployment rate fell in 162, rose in 5, while 2 were unchanged in 2019. On the other hand, 164 were down, 1 was up, and 4 remained the same in 2018. Roxbury had the lowest unemployment rate of 2.1%, while the residents of Hartford experienced the highest rate of 6.6% last year (see table on page 3 for the complete town data). Overall, a total of 124 cities and towns had jobless rates below the 2019 statewide figure of 3.7%, 35 had rates above it, and 10 had rates equal to it. By comparison, 128 cities and towns had rates below the 2018 statewide average of 4.1%, 35 above it, and 6 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.3% in 2019. Hartford posted the highest jobless rate among the large cities at 6.6%. All five cities experienced over-the-year unemployment rate decreases. The map on page 4 also shows the unemployment rates for each town in 2019. [ read more ]  

  • State Economic Indexes Improve Further in 2018.  November 2019 (377K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's economic performance last year was the best in terms of ranking in eight years. After annual revisions, Connecticut ranked 37th out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2018, up from the 38th position in 2017.

    For the first time, South Carolina came in first in the nation with the highest index of 171.3 last year, while Alaska continued to place last (109.4). Colorado, which had ranked number one for three years in a row, fell to 13th place in 2018. Our state's index of 136.9 was below the nationwide value of 148.0.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2019 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2018 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2018 data.xlsx

  • Connecticut Town Economic Indexes Rose Higher in 2018.  October 2019 (340K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut's overall economy bounced back strongly in 2018 after having slowed down in 2016 and 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced four years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]

    Download CTEI 2005-2018 data.xlsx

  • 2018 Unemployment Rate by Town.  June 2019 (602K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2018, the annual average statewide unemployment rate was 4.1%, down from 4.7% in 2017. For the eighth year, most municipalities experienced a decline in their unemployment rate, even more than fell in 2017.

    2017 to 2018
    Of 169 cities and towns in the state, the unemployment rate fell in 165, rose in 1, while 3 were unchanged in 2018. On the other hand, 152 were down, 11 were up, and 6 remained the same in 2017. Washington had the lowest unemployment rate of 2.4%, while the residents of Hartford experienced the highest rate of 7.0% last year (see table on page 3 for the complete town data). Overall, a total of 130 cities and towns had jobless rates below the 2018 statewide figure of 4.1%, 33 had rates above it, and six had rates equal to it. By comparison, 122 cities and towns had rates below the 2017 statewide average of 4.7%, 37 above it, and 10 were the same. [ read more ] 

  • Complete Streets are Sweet. April 2019 (352K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    Because every trip begins and ends on foot, universal access to work, education, and recreation is the guiding principle that gave rise to complete streets, the design and operation of streets that are safe for all users inclusive of people with disabilities and public transit users as well as motorized and non-motorized vehicle operators. Since 2009, the Department of Transportation (ConnDOT), guided by its Bicycle and Pedestrian Advisory Board (Bike and Ped Board), is bringing safer commuting to Connecticut's cities and towns. This article illustrates some benefits attributable to complete streets along with a brief description of how ConnDOT supports municipal efforts to bring complete streets to their residents.

    The Capitol Region Council of Governments (CRCOG) outlines five categories of Complete Streets' benefits in its bike and ped plan for the region.[ read more ] 

  • 2017 State Economic Indexes.  November 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    For the third year in a row, Colorado came in first in the nation with the highest index of 165.7 last year, while Alaska ranked last (105.9). Our state's index of 128.7 was below the nationwide value of 139.1.

    SEI: Methodology
    Applying the same components and methodology of the Connecticut Town Economic Indexes (See October 2018 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes for all 50 states and DC. With recently available annual average data from the Quarterly Census Employment and Wages (QCEW) program, along with the revised annual average unemployment rate from Local Area Unemployment Statistics (LAUS), annual SEI is reestimated for the 2010-2017 period.

    These indexes provide a measure of the overall economic strength of each state that can be compared and ranked. Four annual average state economic indicators were used as components: 1. the number of the total covered business establishments, 2. total covered employment, 3. real covered wages, and 4. the unemployment rate. [ read more ]  

    Download SEI 2010-2017 data.xlsx

  • 2017 Connecticut Town Economic Indexes.  October 2018 (374K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    Connecticut experienced continued overall economic improvement in 2017, based on the index performances of cities and towns. The indexes on page 3 give a broad measure of business and resident economic well-being of each town, allowing comparisons among them.

    The CTEI Methodology
    The Connecticut Town Economic Indexes (CTEI) were introduced three years ago and are released annually. The Connecticut Department of Labor's Office of Research developed the composite indexes of all 169 municipalities in the state to measure each town or city's overall economic health, which then can be ranked and compared to others to gain perspective. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered annual average wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ read more ]  

    Download CTEI 2005-2017 data.xlsx

  • 2017 Unemployment Rate by Town.  June 2018 (409K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2017, for the seventh year, most municipalities experienced a decline in their unemployment rate, but fewer dropped than in 2016.

    2016 to 2017
    Out of 169 cities and towns in the state, the rate fell in 152, rose in 9, and 8 were unchanged in 2017. On the other hand, 159 were down, 3 were up, and 7 remained the same in 2016. Canaan had the lowest unemployment rate of 2.8%, while the residents of Hartford experienced the highest rate of 8.1% last year. See table on page 3 for the complete town data. The annual average statewide unemployment rate in 2017 was 4.7%, down from 5.1% in 2016. Overall, a total of 126 cities and towns had jobless rates below the statewide figure of 4.7%, 37 had rates above it, and six had rates equal to it last year. By comparison, there were 124 cities and towns that had rates below the statewide average of 5.1%, 39 above it, and six the same. [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2013-2016.  September 2017 (375K) Pg.1-5
    By Jungmin Charles Joo, and Dana Placzek, Office of Research Department of Labor

    The Connecticut Town Economic Index showed the state's cities and towns experienced further economic improvement in 2016, though at a slower pace than in 2015.

    CTEI: Methodology: The CTEI was introduced two years ago and is being released annually. The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in the state. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, inflation-adjusted covered wages, and the unemployment rate.

    Establishments are the physical work units located in the municipality. Employment is the number of employees on payroll in the establishments that are located in the town. Wages are the aggregate payroll pay divided by the total average employment. These three measures come from the Quarterly Census of Employment and Wages (QCEW) program and include all those who are covered under the unemployment insurance law, thus capturing nearly 100 percent of all the employees in each town. [ download article only ] 

  • Annual Unemployment Rate by Town, 2012-2016.  June 2017 (336K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    By looking at the unemployment rates, we can see that Connecticut has experienced six years of economic recovery. Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In the June 2016 Digest, 2011-2015 annual average town unemployment rate estimates were published. This year, revised 2012-2016 data are analyzed. [ download article only ] 

  • Connecticut Town Economic Index (CTEI): 2010-2015.  October 2016 (404K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Town Economic Index (CTEI) showed the state's cities and towns experienced further economic improvement in 2015. The CTEI was introduced last year and will be released annually in the October issue. The revised 2011 index values for all 169 cities and towns in the state are available upon request.

    CTEI: Methodology: The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • Business Formation in Connecticut: 2000-2015.  August 2016 (328K) Pg.4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Secretary of the State's office maintains records of all business entities in the state. From these records, an aggregation of business type and location has produced interesting data on business formation change in Connecticut over time. This information is available publicly from 1980 to 2015 by business entity type and geographically down to town levels. This article examines business formation change from 2000-2015 and shows how recent cyclical factors have impacted business development in the state. [ download article only ]  

  • Annual Town Unemployment Rates, 2011-2015.  June 2016 (402K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In July 2015 Digest, 2010-2014 annual average town unemployment rate estimates were published. This year, revised 2011-2015 data are analyzed. [ download article only ] 

  • Introducing the Connecticut Town Economic Index (CTEI).  October 2015 (350K) Pg.1-3, & 5
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    The Connecticut Department of Labor's Office of Research developed the Connecticut Town Economic Index (CTEI), an annual composite index of all 169 cities and towns in Connecticut. This index measures each town or city's overall economic health, which can be ranked and compared to others to gain perspective of its performance each year. Four annual average town economic indicators were used as components, which are total covered business establishments, total covered employment, real covered wages, and the unemployment rate. [ download article only ] 

  • Annual Town Unemployment Rates, 2010-2014.  July 2015 (338K) Pg.3-4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    Unemployment rate data are from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics. Recently LAUS underwent a major revision back to 2010. [ download article only ] 

  • A Profile of Mansfield, Connecticut. May 2013 (342K) Pg.3 & 4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Situated 23 miles from Hartford in the rolling countryside of eastern Connecticut, Mansfield has grown from a quaint farming community to become the home of a major university. The town was incorporated in 1702 by settlers from nearby Norwich and encompasses about 45 square miles. Early industries included agriculture and textile manufacturing. The town led the U.S. in silk production in the early 19th century. The 1881 formation of the Storrs Agricultural School that later became the University of Connecticut established education as a primary industry for the town. A majority of Mansfield's employment occurs in and around the UConn campus in the Storrs section of town and the recent Storrs Center commercial development seeks to further invigorate the local economy. [ download article only ]

  • West Hartford: One of the Ten Best Cities in the Country. October 2010 (408K) Pg.3 & 5
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Incorporated on May 3rd 1854, West Hartford is a town of 63,908 and encompasses 22.4 square miles, situated exactly 98 miles from both Boston and New York City. Quiet suburban neighborhoods of early-mid twentieth century colonial style single-family homes typify much of the town. West Hartford Center, a thriving downtown commercial district, has in recent years become a popular location for commerce and recreation in central Connecticut. An extensive network of town parks, pools, theatre groups, golf courses and a skating rink helps to ensure the availability of year-round recreation and a high quality of life. [ download article only ] 

  • 2000 Population Increased for 139 Cities and Towns. May 2001, (378K) Pg.4-5.

  • A look at Connecticut's 169 cities and towns. May 1998, (257K) Pg.3-4.

  • A Tale of Large Cities: Population and Jobs. May 2000, (178K) Pg.1-3.

  • Barkhamsted. April 2007, (525K) Pg.3.

  • Branford: A Nice Place to Live, Work, and Play. September 2008, (425K) Pg.2.

  • Bristol October 2001, (238K) Pg.4.

  • Brooklyn May 2008, (421K) Pg.3.

  • Cities and Towns Profiled for 2005. October 2006, (652K) Pg.1-4.

  • Cities and Towns Profiled for 2007. September 2008, (425K) Pg.1.

  • Connecticut's Bustling Cities. June 2001, (375K) Pg.1-2.

  • Danbury. April 2001, (230K) Pg.5.

  • Farmington. April 2006, (495K) Pg.4.

  • Glastonbury. December 2006, (512K) Pg.3-5.

  • Greenwich Tops in Wages in 2001. September 2002, (268K) Pg.1,3.

  • Greenwich Tops in Wages Again. October 2003, (230K) Pg.5.

  • Hamden Profile November 2001, (237K) Pg.5.

  • Hartford: An Update. May 2000, (178K) Pg.4.

  • Hartford profile. June 2001, (375K) Pg.1-2.

  • Hartford Leads in Jobs, as Stamford Tops in Wages in 2000. July 2001, (215K) Pg.3.

  • Impact of small cities CDBG program awards, The. April 1998, (207K) Pg.2-3.

  • Marlborough. December 2002, (238K) Pg.3.

  • New Haven Leads in Jobs, as Greenwich Tops in Wages. July 1999, (192K) Pg.3-4.

  • New Haven Profile. January 2001, (249K) Pg.4.

  • Simsbury. February 2003, (254K) Pg.4.

  • South Windsor April 2002, (228K) Pg.4.

  • There's No Place Like Home…in Stamford February 2008, (955K) Pg.1-2, 5.

  • Wallingford November 2002, (238K) Pg.4.

  • Westbrook April 2005, (962K) Pg.4.

  • Wethersfield January 2004, (222K) Pg.4.

  • Willington September 2001, (233K) Pg.4.

  • Windham July 2002, (239K) Pg.5.

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  • Bioscience Industry Employment Trends, 2001-2023. July 2024 (4.5M) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    Connecticut's bioscience cluster includes advanced manufacturing and service sector Research and Development (R&D) industries focused on the design and production of pharmaceuticals and other medical equipment and technology.

    Figure 1 shows annual average Bioscience employment from 2001 to 2023. Overall, Bioscience employment fell from 2001 to 2017, driven by declines in its manufacturing component industries. The combined Bioscience cluster grew 2.5% and 4.4% in 2018 and 2019. After a slight 0.3% dip from 2019 to 2020, the cluster grew by 6.2% and 5.1% in 2021 and 2022. Bioscience fell slightly in 2023, down 344 or -1.3% in 2023 but the number of establishments increased. [ read more ]

  • Most Towns Experienced Decreases in the Unemployment Rate in 2023.  June 2024 (4.5M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2023, the annual average statewide unemployment rate was 3.8%, down from 4.1% in 2022. As the labor force bounced back for the third year from the impact of the COVID-19 pandemic, most of the municipalities continued to experience a decrease in their unemployment rate last year.

    2022 to 2023
    The unemployment rate in 89% of the cities and towns in the state fell in 2023. Washington had the lowest unemployment rate of 2.3%, while the residents of Waterbury experienced the highest rate of 5.9% last year (see table on page 3 for the complete town data). Overall, a total of 131 cities and towns had jobless rates below the 2023 statewide figure of 3.8%, 30 had rates above it, and 8 had rates equal to it. By comparison, 125 cities and towns had rates below the 2022 statewide average of 4.1%, 38 above it, and 6 were the same.

    Of the five largest cities in the state with a population of 100,000 or more, Stamford had the lowest unemployment rate of 3.5% in 2023. Waterbury posted the highest jobless rate among the large cities at 5.9%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Connecticut's Population Gains.  April 2024 (4M) Pg.1-3
    By Patrick.Flaherty, Director of Research

    The latest population estimates from the U.S. Census Bureau show that Connecticut's population increased by 8,470 in 2023 with births outnumbering deaths by 2,115 and net migration from other states and countries totaling 6,248. While it will be some months before a breakdown by state and age will be available for 2023, the available data through 2022 show encouraging signs for Connecticut.. [ read more ]

  • Connecticut's Work-Related Fatality Rate Second Lowest in Nation for Two Years in a Row.  February 2024 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 34 lives to work injuries in 2022, for a rate of 2.0 deaths per 100,000 full-time equivalent workers. This is an increase from 2021's 23 deaths but is below Connecticut's annual average of 38 work-related deaths (Chart 1). Only one other state - Rhode Island - recorded a rate lower than Connecticut's (Table 1).

    The nation lost 5,486 lives to workplace injuries in 2022, an increase from 2021's 5,190 deaths. The fatal injury rate increased from 3.6 per 100,000 full-time equivalent workers in 2021 to 3.7 in 2022. The highest loss was seen in Texas with 578 deaths, followed by California with 504 deaths and Florida with 307 deaths. High rates were recorded in Wyoming (12.7) and North Dakota (9.8). Rhode Island had 7 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,069 followed by transportation and warehousing with 1,053 deaths. Together, these two industries account for 39 percent of deaths.

    The construction industry and the transportation and warehousing industry each had 9 deaths in Connecticut. Together, they accounted for 53 percent of 2022's deaths. Manufacturing came in third with 4 deaths, or 11.8 percent of total deaths (Table 2). With an overall rate of 2.0, Connecticut saw a rate of 9.4 in transportation and utilities and 6.7 in construction. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • Summary of Boston Consulting Group's Report: "Getting Young People Back on Track"  December 2023 (4.3M) Pg.1-5
    By Xian Guan, Associate Research Analyst, Department of Labor

    In October 2023, the Boston Consulting Company (BCG) released "Getting Young People Back on Track," an important blueprint for identifying and re-engaging disconnected and at-risk youth. The report was produced using data from the state's P20 WIN project and reached audiences including policymakers, youth services professionals, safety net service agencies, and media outlets. To further the efforts to reach at-risk young people, the Connecticut Department of Labor (CTDOL) presents the report's key findings followed by a synopsis of how the underlying data was compiled through the Connecticut longitudinal data system, P20 WIN. Additionally, CTDOL's Research Unit, a P20 WIN partner, offers three data-driven recommendations for future research.

    At-Risk and Disconnected Young People
    "Getting Young People Back on Track" concluded that during the 2021-2022 school year Connecticut had 119,000 youth between 14-26 years old who are either disconnected or at risk. Using the below definitional framework, this total is comprised of 63,000 disconnected and 56,000 at-risk youth.

    On-track: young people aged 14-26 who are engaged in the educational system or on-track for gainful employment.

    At-risk: three sub-populations-off-track, those students who do not meet state credit attainment requirements; at-risk due to other factors, such as absenteeism and/or behavioral issues; and severely off-track, those students are off-track and display additional risk factors. [ read more ]

  • Solving the Office to Residential Conversion Puzzle  July 2023 (4.1M) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    With almost a quarter of Hartford's available office space lying fallow as the city's residential vacancy rate hovers near two percent, shrinking office footprints suggest an obvious solution to the capital region's housing shortage. While the Capital Region Development Authority (CRDA) and state agencies work with real estate developers to turn the office glut into housing opportunity, an examination of office to residential conversion feasibility illustrates the complexity of achieving the office to residential space balance that can make the long-held vision of Hartford as a vibrant 24-hour city a reality. Examples from Philadelphia (1600 Arch Street) and Manhattan (180 Water Street) illustrate the challenges and opportunities for converting office space into desirable dwelling units.

    A building envelope's shape, along with the placement of its structural columns, elevator shafts, and stairwells, constitutes the geometry within which an apartment's living, sleeping, and workspace areas are laid out. Developers, architects, and designers must solve for the adequacy of light and air movement that make a dwelling unit livable. The building's location and proximity to public amenities completes the value proposition of conversion versus demolition and new construction. [ read more ]

  • How COVID has changed the Labor Market  June 2023 (4M) Pg.1,4,5
    By Patrick.Flaherty, Director of Research

    Now that three years have passed since the emergence of COVID-19 it is possible to begin to distinguish between the short-term and long-term effects of the pandemic. To provide additional measures of the effects of the COVID-19 pandemic on the labor market, the Bureau of Labor Statistics (BLS) conducted a series of Business Response Surveys. The initial survey was conducted in July through September 2020. Additional surveys were conducted in July to September 2021 and August to September 2022. The results of these surveys give some insights into the effects of the pandemic on the labor market nationally and here in Connecticut. In addition, the Job Openings and Labor Turnover Survey (JOLTS) from BLS and the Job-to-Job Flows from the U.S. Census show one unexpected effect of the pandemic - the greater willingness of workers to voluntarily leave their jobs and the resulting increase the number of job openings.

    The 2020 Business Response Survey showed that Connecticut's business response to the pandemic was similar to businesses in the nation as a whole. For example, 51.9% of establishments nation-wide told employees not to work and 51.3% of these continued to pay employees some or all of their pay while not working. In Connecticut, it was 52.8% and 48.1% respectively. Nationally, 55.6% of establishments experienced a decrease in demand for their products or services and 18.7% experienced a government-mandated closure. Connecticut's portion with decreased demand was 56.3% while the portion with a mandated closure was 17.3% in Connecticut. Only 17.8% of establishments nationally and 17.1% in Connecticut reported that they experienced no impact from the pandemic on their business operations. [ read more ]

  • The Unemployment Rate of All Towns Fell in 2022.  June 2023 (4M) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2022, the annual average statewide unemployment rate was 4.2%, down from 6.3% in 2021. As the labor force bounced back for the second year from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2021 to 2022
    The unemployment rate in all 169 cities and towns in the state fell in 2022. Roxbury had the lowest unemployment rate of 2.5%, while the residents of Hartford experienced the highest rate of 6.5% last year (see table on page 3 for the complete town data). Overall, a total of 128 cities and towns had jobless rates below the 2022 statewide figure of 4.2%, 37 had rates above it, and 4 had rates equal to it. By comparison, 134 cities and towns had rates below the 2021 statewide average of 6.3%, 30 above it, and 5 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.9% in 2022. Hartford posted the highest jobless rate among the large cities at 6.5%. All five cities experienced over-the-year unemployment rate decreases.  [ read more ]

  • The Provision State - Connecticut's Private Defense-Related Employment into the 21st Century  April 2023 (4M) Pg.4-5
    By Labor Department Research Staff Update

    The Office of Research at the Connecticut Department of Labor has been documenting and tracking industry employment in the state with our federal partners, the U.S. Bureau of Labor Statistics (BLS), since at least the late 1930's. Since the statistics began (and we have employment data back to 1939) defense-related manufacturing has been of interest to policymakers and the public. Tracking employment was a necessary endeavor during WW II for the planning of defense production in the war effort. Office of Research folklore has it rumored that future Governor Ella Grasso worked together with our office when she was assistant state director of research of the Federal War Manpower Commission during WW II.1 Consequently, the first Cold War end was expedited by a major U.S. defense industry build-up in the 1980's and supported strong statewide employment growth during that decade. Connecticut's aerospace and shipbuilding industry employment amongst other industry sectors helped the U.S. end the Cold War. [ read more ]  

  • Connecticut's Economy Recovers to its Pre-Pandemic Level in 2022  March 2023 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Connecticut employment continued to improve for the second year in a row, nearly completely recovering to the pre-pandemic levels. The revised annual average total nonfarm employment rose 3.1% to a level of 1,665,600 in 2022. Correspondingly, last year's annual average unemployment rate dropped significantly to 4.2% from 6.3% in 2021. In fact, 2022 economy recovered the strongest over the last nine years as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2022 Connecticut regained 49,300 jobs (3.1%), more than the gain of 45,600 jobs (2.9%) in 2021. In the nation employment rose faster at 4.3% in 2022, after having increased 2.9% in 2021.

    As shown in Chart 1, all but one of Connecticut's industry sectors bounced back last year. Ten of eleven major industry sectors have added jobs back over the year, while mining was unchanged. The biggest recovery occurred in leisure and hospitality (10.9%), other services (4.8%), and information (3.7%). Leisure and hospitality was also the biggest job gainer (14,700), followed by education and health services (8,300). Financial activities (0.2%) and government (1.3%) posted the slowest job growth in 2022. [ read more ]  

  • Connecticut's Work-Related Fatality Rate Second Lowest in Nation.  January 2023 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 23 lives to work injuries in 2021, for a rate of 1.4 deaths per 100,000 full-time equivalent workers. This is the lowest recorded number of deaths since the program began in 1992. This is a decrease from 2020's 29 deaths and is below Connecticut's annual average of 38 work-related deaths (Chart 1). Only one other state - Rhode Island - recorded a rate lower than Connecticut's (Table 1).

    The nation lost 5,190 lives to workplace injuries in 2021, an increase from 2020's 4,764 deaths. The fatal injury rate increased from 3.4 per 100,000 full-time equivalent workers in 2020 to 3.6 in 2021. The highest loss was seen in Texas with 533 deaths, followed by California with 462 deaths and Florida with 315 deaths. High rates were recorded in Wyoming (10.4) and North Dakota (9.0). Rhode Island had 5 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 986, followed by transportation and warehousing with 976 deaths. Together, these two industries account for 38 percent of deaths.

    With 6 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 26.1 percent of 2021's deaths. Administrative and waste services came in second with 5 deaths, accounting for 21.7 percent of total deaths (Table 2). With an overall rate of 1.4, Connecticut saw a rate of 5.2 in construction and 2.5 in professional and business services. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • STEM To Grow Faster Than Overall Occupations Through 2030.  December 2022 (5M) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Science, Technology, Engineering, and Math (STEM) occupations are projected to grow faster than all occupations in Connecticut through 2030. These high-growth, good-paying occupations are distributed throughout most major industries in the state and include a variety of career opportunities for Connecticut workers.

    The Connecticut Department of Labor discussed our 2020-2030 long-term projections in the September 2022 edition of the Connecticut Economic Digest. That article noted expectations of employment increasing by 201,000 jobs in Connecticut from 2020 to 2030. The industries projected to drive this overall growth include Accommodation & Food Services, Health Care, Transportation & Warehousing, and Professional, Scientific, & Technical Services. The long-term projections are conducted every two years by all 50 states and major territories at the industry and occupational level. This article focuses on STEM occupations within the long-term projections to illustrate employment expectations for this important segment of the Connecticut economy.

    Top Ten STEM Occupations in CT
    The ten largest STEM occupations account for 57% of overall STEM employment in the state. Among these ten occupations, four are computer occupations (SOC-15), three are engineering (SOC-17), two are management (SOC-11), and one involves sales (SOC-41). The largest STEM occupation in the state, Software Developers & Analysts (15-1256) had 2020 employment of 19,130 and is expected to grow by 5,280 or 28% to 24,410 by 2030. The other STEM occupations in Figure 1 are projected to grow between 8% and 22% through 2030. These occupations have annual average wages of between $63,380 (Computer User Support Specialist) and $150,629 (Computer & Information Systems Managers). STEM occupations earned an average of $103,214 overall in 2021, which compares favorably to $67,169 earned on average for all employment in the state [ read more ]

  • 2021 Unemployment Rate by Town.  June 2022 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2021, the annual average statewide unemployment rate was 6.3%, down from 7.8% in 2020. As the labor force bounced back from the impact of the COVID-19 pandemic, all 169 municipalities experienced a decrease in their unemployment rate last year.

    2020 to 2021
    The unemployment rate in all 169 cities and towns in the state fell in 2021. Cornwall had the lowest unemployment rate of 3.7%, while the residents of Hartford experienced the highest rate of 11.0% last year (see table on page 3 for the complete town data). Overall, a total of 134 cities and towns had jobless rates below the 2021 statewide figure of 6.3%, 31 had rates above it, and 4 had rates equal to it. By comparison, 127 cities and towns had rates below the 2020 statewide average of 7.8%, 39 above it, and 3 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 5.7% in 2021. Hartford posted the highest jobless rate among the large cities at 11.0%. All five cities experienced over-the-year unemployment rate decreases. [ read more ]

  • Connecticut's Economy Rebounds in 2022  March 2022 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Though not completely recovered, Connecticut employment turned around last year following the severely COVID-19 pandemic-impacted 2020. The revised annual average total nonfarm employment rose 2.7% to a level of 1,613,000. Correspondingly, last year's unemployment rate dropped to 6.3% from 7.8% in 2020. Overall, 2021 economy recovered to a similar strength of 2018, as per annual diffusion index.

    Nonfarm Employment
    After the latest annual revision (based on annual average, not seasonally adjusted data), in 2021 Connecticut regained 42,300 jobs (2.7%), after having lost 125,400 jobs, or -7.4% in 2020. Meanwhile in the nation employment rose 2.8% in 2021, after having shed 5.8% in 2020.

    As shown in Chart 1, most of Connecticut's industry sectors partially bounced back last year. In fact, seven of eleven major industry sectors have added jobs back over the year. The biggest recovery occurred in leisure and hospitality (14.1%), construction (4.6%), and trade, transportation and utilities (4.4%). Leisure and hospitality was also the biggest job gainer (16,500), followed by trade, transportation, and utilities (12,100). On the other hand, manufacturing (-0.3%) and government (-0.3%) lost jobs over the year. The biggest job loss was in financial activities (-2,500, -2.1%).  [ read more ]  

  • Connecticut's Work-Related Fatalities Third Lowest in Nation.  February 2022 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 29 lives to work injuries in 2020, for a rate of 1.8 deaths per 100,000 full-time equivalent workers. While this is an increase from 2019's 26 deaths, it is below Connecticut's annual average of 38 work-related deaths. Only two other states – Delaware and Rhode Island – recorded rates lower than Connecticut's

    The nation lost 4,764 lives to workplace injuries in 2020, a decrease from 2019's 5,333 deaths. This is the lowest annual number since 2013. The fatal injury rate dropped from 3.5 per 100,000 full-time equivalent workers in 2019 to 3.4 in 2020. The highest loss was seen in Texas with 469 deaths, followed by California with 463 deaths and Florida with 275 deaths. High rates were recorded in Wyoming (13.0) and Alaska (10.7). Rhode Island had 5 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,008, followed by transportation and warehousing with 805 deaths. Together, these two industries account for 38 percent of deaths.

    With 9 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 31.0 percent of 2020's deaths. Transportation and warehousing came in second with 7 deaths, accounting for 24.1 percent of total deaths. With an overall rate of 1.8, Connecticut saw a rate of 8.3 in construction. Rates for other industry sectors did not meet publishing criteria. [ read more ]

  • LEHD: Data that Help Better Explain the Connecticut Labor Market.  December 2021 (4.7M) Pg.1-5
    By Patrick.Flaherty, Director of Research and Matthew Krzyzek, Economist, Department of Labor

    Connecticut has now regained 73% of the jobs lost during the COVID-19 shutdown and the unemployment rate has fallen to 6.4% as of October 2021. These numbers give a "snapshot" of economic conditions based on the Current Employment Statistics (CES) and Local Area Unemployment Statistics (LAUS), two surveys that provide a timely picture of Connecticut's labor market conditions.

    While not as timely, more detail regarding the workings of the labor market is available through the Longitudinal Employer-Household Dynamics (LEHD) data published by the U.S. Census Bureau. This data is possible due to the Local Employment Dynamics (LED) partnership between the Census Bureau and state workforce agencies including the Connecticut Department of Labor. [ read more ]

  • Responding to the COVID-19 Economic Crisis: One City's Story.  November 2021 (4M) Pg.1-5
    By Dean Mack, Economic Development Officer, City of New Haven

    As in the rest of the world, the economy in the City of New Haven has been heavily impacted by COVID 19. Quantitative data has proven to be one of our most reliable methods for understanding the development of the COVID 19 crisis and especially its impacts on our businesses. Continued unemployment claims topped out at 10,000 in April 2020, which made up over 15% of our labor force, and remained above 6,000 until July 2021. At least 66 businesses closed permanently, City parking revenues plummeted from over $100,000 per week in February 2020 to below $5,000 per week in April 2020, and downtown pedestrian counts dropped from over 65,000 per week to 11,000 during the same time span. These data points help us review the arch of the economic crisis with an added level of understanding that we did not always have as events were unfolding around us.

    As the crisis hit, the City was focused on immediate response in terms of public health, the continuity of government and supporting our economy. Federal assistance programs were being created to replace income or provide temporary or permanent relief from required payments like taxes, mortgage, and loans to businesses. Local economic development activities shifted to crisis response and triage as economic impacts rolled in. In addition to assisting through locally-funded programs, like the New Haven digital marketplace and Eat New Haven marketing program, the City also became a resource center, identifying and understanding Federal and State assistance programs and connecting businesses with applications. [ read more ]

  • 2020 Unemployment Rate by Town.  June 2021 (602K) Pg.2-3
    By Jungmin Charles Joo Office of Research Department of Labor

    In 2020, the annual average statewide unemployment rate was 7.9%, up from 3.6% in 2019. Due to the COVID-19 pandemic, all 169 municipalities experienced an increase in their unemployment rate last year.

    2019 to 2020
    The unemployment rate in all 169 cities and towns in the state rose in 2020. Sharon had the lowest unemployment rate of 4.4%, while the residents of Norwich experienced the highest rate of 14.0% last year (see table on page 3 for the complete town data). Overall, a total of 127 cities and towns had jobless rates below the 2020 statewide figure of 7.9%, 40 had rates above it, and 2 had rates equal to it. By comparison, 126 cities and towns had rates below the 2019 statewide average of 3.6%, 31 above it, and 12 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 8.1% in 2020. Hartford posted the highest jobless rate among the large cities at 13.3%. All five cities experienced over-the-year unemployment rate increases. [ read more ]

  • A look at Connecticut's Bioscience Industry Employment  April 2021 (4M) pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The events of the past year have highlighted the importance of Bioscience. The immediate need for pandemic mitigation resulted in a global mobilization that rapidly produced vaccines and increased medical equipment production. Bioscience Doesn't fall within a specific North American Industrial Classification System (NAICS) industry code and contains a broad cross-section of service industries and goods producing industries such as pharmaceutical, chemical, and medical device manufacturing.1 In February 2012, the Connecticut Economic Digest published an article on Bioscience which overviewed key industries that make up that sector in the state.2 The table below uses the bioscience industry cluster defined in that article and shows that in 2019 (the last year of annual data), the state had over a thousand Bioscience establishments that employed over 23,000 workers. This industry definition Doesn't account for the total impact of Bioscience on overall employment given spillover effects on other sectors such as Education and Health Care, and it Doesn't account for the total labor supply of available workers given that many employed in other forms of manufacturing or research & development have compatible occupational skills that would be relevant to an employer looking to expand in the state.

    The pie chart illustrates that across all Bioscience industries, about half are in the service sector and half are in the goods producing sector. Among the 8 industries, the largest two industries, Research & Development in Sciences (32%) and Medical Equipment & Supplies Manufacturing (28%) account for about half of Bioscience employment in the state. [ read more ]

  • Connecticut's Economy Shrinks Due to the Pandemic in 2020  March 2021 (4M) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell sharply in Connecticut for the first time since 2010 and the overall economy shrank in 2020. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly in 2019, and drastically last year, due to the impact from the pandemic. Correspondingly, last year's unemployment rate rose significantly, while after having increased in the last six years, real personal income fell markedly. Not surprisingly the value of annual diffusion index of 58 state economic indicators dropped dramatically as well in 2020.

    As in past years, this article focuses on the annual average. However, 2020 was unusual for many reasons. There were sharp job declines concentrated in a few months in the first half of the year followed by several months of strong growth - although not strong enough to fully overcome the large job losses caused by the pandemic. [ read more ]  

  • Connecticut's 2019 Work-Related Fatalities Lowest On Record.  February 2021 (4.4M) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 26 lives to work injuries in 2019, for a rate of 1.4 deaths per 100,000 full-time equivalent workers. This is the lowest recorded number of deaths since the census began in 1992. A decrease from 2018's 48 deaths, it is below Connecticut's annual average of 39 work-related deaths (Chart 1). Connecticut's rate of 1.4 is the lowest recorded by any state for 2019.

    The nation lost 5,333 lives to workplace injuries in 2019, an increase from 2018's 5,250 deaths. However, the fatal injury rate remained unchanged from 2018 - 3.5 per 100,000 full-time equivalent workers. Twenty-eight states had more fatal injuries in 2019 than 2018, while 21 states had fewer. The highest loss was seen in Texas with 608 deaths, followed by California with 451 deaths and Florida with 306 deaths. High rates were recorded in Alaska (14.1) and Wyoming (12.0). The District of Columbia, Rhode Island, and Vermont each had 10 deaths, the lowest recorded number for states.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,061, followed by transportation and warehousing with 913 deaths. Together, these two industries account for 37 percent of deaths.

    With 8 deaths, the transportation and warehousing industry had the highest number of deaths in Connecticut, accounting for 30.8 percent of 2019's deaths. Construction came in second with 6 deaths, accounting for 23.1 percent of total deaths. With an overall rate of 1.4, Connecticut saw a rate of 10.9 in transportation and utilities and 4.7 in construction. Rates for other industry sectors did not meet publishing criteria. The government sector recorded 2 deaths.  [ read more ]

  • A look at the Changing Demographic Composition of Connecticut Employment: 1999-2019  September 2020 (368K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor

    Newly released data through 2019 illustrates changes in the demographic composition of employment in the years leading up to the 2019 business cycle peak. During the past year the economy went from one extreme to the other. In a matter of weeks, the pandemic paused many sectors of the economy and required populations globally to change behavior and adapt to minimize its impact on public health. Unemployment went from a historic low to a historic high, unemployment claims reached record levels, and the US economy went swiftly into a recession by the first quarter of this year. A look at the demographic trends before the pandemic can give insight into what we can expect in a post-pandemic economy.

    Long Term Trends: 1999-2019
    The racial and ethnic composition of Connecticut employment has made some notable shifts over the past two decades. The U.S. Census Bureau's Quarterly Workforce Indicators (QWI) dataset allows for a detailed view of the composition of employment in the state. The Connecticut Economic Digest has previously featured this dataset in May and December of 2019 in articles that looked at age cohort changes by industry and a detailed look at demographic breakdown of overall employment by firm size.

    Those articles showed that the share of the Connecticut workforce over age 54 has doubled over twenty years with pronounced increases in major sectors such as Manufacturing and Healthcare & Social Assistance. The December 2019 article illustrated how cyclical employment changes and the demographic composition of employment vary by firm size. [ read more ]  

  • 2019 Unemployment Rate by Town.  June 2020 (493K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2019, the annual average statewide unemployment rate was 3.7%, down from 4.1% in 2018. For the ninth year, most municipalities experienced a decline in their unemployment rate, although a little fewer than fell in 2018.

    2018 to 2019
    Of 169 cities and towns in the state, the unemployment rate fell in 162, rose in 5, while 2 were unchanged in 2019. On the other hand, 164 were down, 1 was up, and 4 remained the same in 2018. Roxbury had the lowest unemployment rate of 2.1%, while the residents of Hartford experienced the highest rate of 6.6% last year (see table on page 3 for the complete town data). Overall, a total of 124 cities and towns had jobless rates below the 2019 statewide figure of 3.7%, 35 had rates above it, and 10 had rates equal to it. By comparison, 128 cities and towns had rates below the 2018 statewide average of 4.1%, 35 above it, and 6 were the same.

    Of the five largest cities in the state with a 2010 Census population of 100,000 or more, Stamford had the lowest unemployment rate of 3.3% in 2019. Hartford posted the highest jobless rate among the large cities at 6.6%. All five cities experienced over-the-year unemployment rate decreases. The map on page 4 also shows the unemployment rates for each town in 2019. [ read more ]  

  • Disability and Employment  April 2020 (342K) Pg.4-5.
    By Al Sylvestre, Research Analyst, Department of Labor

    As the private-sector labor market has recovered more jobs than it lost in the 2008-2010 recession, people with disabilities, who comprise five percent of the state workforce, continue integrating with the labor market. This article takes a brief look at the economic geography of people with disabilities showing where they live, the economic sectors in which they work, and how their earnings compare with those of their non-disabled peers. Programs and services that provide opportunities for people with disabilities to attach to the labor force and retain employment are briefly discussed as well.

    Population and Geography
    The US Census Bureau's American Community Survey (ACS) 2017 five-year average statistics show that 3.43% of working people with disabilities have one or more disabilities. This includes 0.71% of the employed work force with a vision impairment or legal blindness. About 86% of people with disabilities have a physical impairment including hearing loss or an ambulatory disability. People with one or more disabilities have self-care difficulties (6.5% of disabled workers), independent living difficulty (16.7%), or cognitive difficulty (33.1%). [ read more ]

  • Connecticut's Overall Economy Sends Mixed Signals in 2020.  March 2020 (412K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Employment fell in Connecticut for the first time since 2010 and the overall economy weakened in 2019. After having increased for eight straight years, the revised annual average total nonfarm employment fell slightly last year, although the unemployment rate continued to fall since 2011. While real personal income continued to increase for the last six years, the value of the annual diffusion index of 58 state economic indicators dropped to the lowest level since 2010, indicating a slowing but still positive level of growth.

    Nonfarm Employment
    After our latest annual revision (based on annual average, not seasonally adjusted data), in 2019 Connecticut actually lost employment for the first time since 2010 (-3,300 jobs, -0.2%). In 2018, 2,600 jobs were created (+0.2%). By contrast, employment grew much faster in the nation (1.6% in 2018 and 1.4% in 2019). Employment growth appears to be slowing nationally and in our neighbor states partially due to very low unemployment rates.

    The past three years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2020 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout most of the 120-month employment recovery period to date. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. Slowing growth rates should be expected this long into a recovery. [ read more ]  

  • Connecticut's 2018 Work-Related Fatalities - Above Annual Average.  February 2020 (342K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 48 lives to work injuries in 2018, for a rate of 2.8 deaths per 100,000 full-time equivalent workers. An increase from 2017's count of 35, it is higher than Connecticut's annual average of 39 work-related deaths.

    The nation lost 5,250 lives to workplace injuries in 2018, an increase from 2017's 5,147 deaths. However, the fatal injury rate remained unchanged from 2017 - 3.5 per 100,000 full-time equivalent workers. The highest loss was seen in Texas with 488 deaths, followed by California with 422 deaths and Florida with 332 deaths. High rates were recorded in Wyoming (11.5) and Alaska (9.9). Delaware recorded both the lowest loss and the lowest rate with 7 deaths and a rate of 1.6.

    Industry
    Nationally, the construction industry recorded the highest number of deaths at 1,008, followed by transportation and warehousing with 874 deaths. The highest rate by industry was seen in truck transportation, with 28.3 deaths per 100,000 full time equivalent workers.

    With 13 deaths, the construction industry had the highest number of deaths in Connecticut, accounting for 27.1 percent of 2018's deaths. Administration and support and waste management and remediation services came in second with 12 deaths, accounting for 25.0 percent of total deaths. With an overall rate of 2.8, Connecticut saw a rate of 10.9 in construction, 10.2 in transportation and utilities, and 5.4 in professional and business services. Rates for other industry sectors did not meet publishing criteria. The government sector recorded 2 deaths. [ read more ]  

  • Examining the composition of Connecticut's employment by demographics and firm size.  December 2019 (372K) Pg.1-5
    By Matthew Krzyzek, Economist, Office of Research Department of Labor

    Connecticut employment has been growing since the end of the great recession nearly a decade ago. In recent years, industries such as manufacturing, health care, and warehousing have driven overall growth. In addition, there have been other important trends in Connecticut's labor market. For example, in the ten year period from 2007 to 2017, employment at private firms in Connecticut has gotten older, less male, and less white. At the same time, the share with a Bachelor's degree or more has fallen. Employment in firms with 500 or more employees has increased while employment at smaller firms has fallen.

    DEMOGRAPHICS OF EMPLOYMENT CHANGE
    Private sector job growth was quite modest from 2007 to 2017, a period that spanned the great recession. However, the number of workers aged 55 and over increased 37% in that ten year period. The portion aged 55 and over increased from less than 20% to more than 25% of all workers. The number of workers aged 25 to 54 declined as the last of the baby boom aged into the 55 and over group while the number under age 25 declined due to lower birthrates in recent decades and a drop in labor force participation for those aged 16 to 18.

    Looking at other demographic factors, in each of the past two decades, the number of males employed has decreased slightly while the number of females increased a bit. By 2017 the number of females employed slightly outnumbered the number of males employed in private sector payroll jobs. At the same time, the number of white and not Hispanic or Latino workers has declined while all other groups have seen increases with Black or African-American employment up 18% and employment of Hispanic or Latino workers up 28% in the ten years from 2007 to 2017. [ read more ] 

  • Redevelopment for Workforce Housing. September 2019 (342K) Pg.3-4.
    By Al Sylvestre, Research Analyst, Department of Labor

    The vision of Connecticut as a prosperous, inviting, and invigorating place to live, work, and play is brought to life by plans, places, and the networks that connect them. The most recent annual gathering of southern New England's land use planners, economic development professionals, and scholars featured ideas, plans, and projects of great place making. Place making is fundamental to bringing growth and prosperity that business, government, and education leaders speak about when they talk of making Connecticut competitive with its neighbors. [ read more ] 

  • A Look at the Age Composition of Connecticut's Industries  July 2019 (392K) Pg.1-3
    By Matthew Krzyzek, Economist, Department of Labor

    The May 2019 Connecticut Economic Digest outlined top-line trends in Connecticut population, labor force participation, and employment to population ratios. As noted, overall labor force participation and employment to population ratios are up since the lows of 8 to 10 years ago. During this period, the median age in Connecticut increased to 40.9 by 2017, the 6th highest in the country. As the age composition of the overall Connecticut population changes, so Does the labor force. All industries are affected by population changes but some are facing particular challenges as a larger proportion of the workforce is nearing retirement age. [ read more ] 

  • 2018 Unemployment Rate by Town.  June 2019 (602K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2018, the annual average statewide unemployment rate was 4.1%, down from 4.7% in 2017. For the eighth year, most municipalities experienced a decline in their unemployment rate, even more than fell in 2017.

    2017 to 2018
    Of 169 cities and towns in the state, the unemployment rate fell in 165, rose in 1, while 3 were unchanged in 2018. On the other hand, 152 were down, 11 were up, and 6 remained the same in 2017. Washington had the lowest unemployment rate of 2.4%, while the residents of Hartford experienced the highest rate of 7.0% last year (see table on page 3 for the complete town data). Overall, a total of 130 cities and towns had jobless rates below the 2018 statewide figure of 4.1%, 33 had rates above it, and six had rates equal to it. By comparison, 122 cities and towns had rates below the 2017 statewide average of 4.7%, 37 above it, and 10 were the same. [ read more ] 

  • Connecticut's Overall Economy Improves in 2018.  March 2019 (391K) Pg.1-5
    By Jungmin Charles Joo, Research Analyst, Department of Labor

    Although employment growth slowed in Connecticut, the overall economy did pick up in 2018. The revised total nonfarm employment increased for the eighth consecutive year, while the unemployment rate has been falling since 2011. Moreover, real personal income has increased for the last five years, and the value of annual diffusion index of 57 state economic indicators rose higher than in 2016 and 2017.

    Nonfarm Employment
    After our latest annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,600 jobs (+0.1%) in 2018, which was fewer than the 3,500 jobs (+0.2%) in 2017. By contrast, employment grew much faster in the nation (1.6% in 2017 and 1.7% in 2018).

    The past two years of Connecticut's employment recovery has been the slowest of the last eight years. In fact, the current 2010-2019 monthly job recovery rate has been trending downward, averaging below 0.1 percent throughout the most of its 107-month employment recovery so far through January 2019. In contrast, the 2003-2008 recovery period showed a rising recovery rate, and during the 1993-2000 period, the monthly job growth rate rose steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • Connecticut's 2017 Work-Related Fatalities - Below Annual Average.  February 2019 (338K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor

    Connecticut lost 35 lives to work injuries in 2017. An increase from 2016's count of 28, it is still below Connecticut's annual average of 39 work-related deaths. At 1.9 deaths per 100,000 full-time equivalent workers, Connecticut had one of the lowest state rates. New Hampshire, New Jersey, and Rhode Island, all with a rate of 1.6, were the only states with lower rates. While our lower number and rate is primarily due to low employment in high-risk industries, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,147 lives to workplace injuries in 2017. The fatal injury rate decreased to 3.5 per 100,000 full-time equivalent workers from 3.6 in 2016. The highest loss was seen in Texas with 534 deaths, followed by California with 376 and New York with 313 deaths. Rhode Island recorded the lowest loss with 8 deaths. High rates were recorded in Alaska (10.2) and North Dakota (10.1).

    Nationally, the construction industry recorded the highest number of deaths at 971, followed by transportation and warehousing with 882. The highest rate by industry was seen in truck transportation, with 28.0 deaths per 100,000 full time equivalent workers. [ read more ]

  • Is a Job Shortage Becoming a Labor Shortage?  December 2018 (359K) Pg.4-5
    By Matthew Krzyzek, Economist, DOL

    The total count of job openings exceeded the total number of unemployed workers in the U.S. for the first time on record. As of September 2018 there were more than seven million job openings compared to six million unemployed. While there is no equivalent state level statistic for job openings, there is evidence that Connecticut is experiencing a similar trend with a falling unemployment rate and a large number of job postings. Further examination of the Job Openings and Labor Turnover Survey (JOLTS) coupled with additional data sources such as the jobs postings available from Help Wanted Online (HWOL) can contextualize the labor market and explain how the Connecticut economy is doing. [ read more ] 

  • Long Term Industry and Occupational Projections: 2016-2026.  September 2018 (360K) Pg.1-5
    By Matthew Krzyzek, Economist, DOL and Patrick J. Flaherty, Assistant Director of Research, DOL, Patrick.Flaherty@ct.gov

    Connecticut's employment is projected to increase by more than 110,000 jobs over the ten-year period ending in 2026. This 5.9% increase is a bit slower than the 7.4% projected for the U.S., but both state and national projections assume full employment in 2026. With the unemployment rate currently low, total job growth is limited by growth in the population/labor force. Every two years, the U.S. Bureau of Labor Statistics produces 10 year projections of the U.S. labor force and employment by industry and occupation. The latest projections are for the period 2016 to 2026. This process is replicated at the state level to produce projections that provide a detailed overview of the expected direction of labor markets in Connecticut.

    U.S. Labor Force
    The overall U.S. labor force is projected to increase by 10.5 million workers from 2016 to 2026 (a 0.6% annualized growth rate) with increases of 4.5 million men and nearly 6 million women. The labor force is projected to be older and more diverse. The number of white non-Hispanics in the labor force is projected to decline by 2.5 million, while the number of workers of Hispanic origin is projected to increase by over 8 million. The number of Black or African-American workers will be up by 1.9 million and the number of Asian workers up by 2.6 million. The number of workers aged 55 and over is projected to increase by 6.4 million, while those aged 25 to 54 will increase by 5.4 million. The number of workers under age 25 is expected to decrease by 1.3 million. [ read more ] 

  • What is Ailing Connecticut's Economy? Is it a City Problem? Is it a Sector Problem?  July 2018 (392K) Pg.3-4
    By Manisha Srivastava, Connecticut Office of Policy and Management

    Connecticut's economic recovery from the 2007-2010 recession has lagged not only the country but also the region. Table 1 compares Connecticut's job growth and gross state product growth (GSP - a measure of goods and services produced within a region, utilized as a broad measure of economic activity) to regional states and the nation. The nation recovered jobs lost as a result of the recession by May 2014, and has since experienced job growth of 12.5%. Connecticut's job growth since the recession at 4.6% is close to Maine (5.0%) and Vermont (5.4%), but is one of the few states yet to recover all jobs lost during the recession. On GSP, Connecticut is the only state to continue losing economic activity even since the end of the recession (-3.3%). In fact, in inflation-adjusted, or real GSP terms - Connecticut's economy is at the same level it was in 2004. This lackluster economic growth has resulted in anemic revenue growth in the state, leading to years of budgetary constraints. [ download article only ] 

  • 2017 Unemployment Rate by Town.  June 2018 (409K) Pg.2-4
    By Jungmin Charles Joo and Dana Placzek, Office of Research Department of Labor

    In 2017, for the seventh year, most municipalities experienced a decline in their unemployment rate, but fewer dropped than in 2016.

    2016 to 2017
    Out of 169 cities and towns in the state, the rate fell in 152, rose in 9, and 8 were unchanged in 2017. On the other hand, 159 were down, 3 were up, and 7 remained the same in 2016. Canaan had the lowest unemployment rate of 2.8%, while the residents of Hartford experienced the highest rate of 8.1% last year. See table on page 3 for the complete town data. The annual average statewide unemployment rate in 2017 was 4.7%, down from 5.1% in 2016. Overall, a total of 126 cities and towns had jobless rates below the statewide figure of 4.7%, 37 had rates above it, and six had rates equal to it last year. By comparison, there were 124 cities and towns that had rates below the statewide average of 5.1%, 39 above it, and six the same. [ download article only ] 

  • Connecticut Economic Recovery Slows Down Further in 2017.  March 2018 (228K) Pg.1-5
    By Jungmin Charles Joo, Office of Research Department of Labor

    As predicted this time last year, Connecticut's economy did continue to improve in 2017, and at a slower pace than in 2016 (March 2017 article). For the seventh year in a row, the revised total nonfarm employment increased, while the unemployment rate fell. However, real personal income decreased for the last two years, and more economic indicators pointed in negative directions than in 2016.

    Nonfarm Employment
    After our annual revision, Connecticut gained (based on annual average, not seasonally adjusted data) 1,800 jobs (+0.1%) in 2017, which was fewer than the 4,800 jobs (+0.3%) in 2016. By contrast, employment grew much faster at 1.8% in 2016 and 1.6% in 2017 in the nation.

    Last year's Connecticut employment recovery was the slowest in the last seven years. In fact, the current 2010-2018's monthly job recovery rate has been trending downward from the beginning, averaging below 0.1 percent throughout the most of its 95-month employment recovery so far. In contrast, the 2003-2008 recovery period showed rising recovery rate, and during the 1993-2000 period, the monthly job growth rate had risen steadily, increasing above the 0.1 percent threshold in later years of its employment recovery. [ read more ]  

  • Connecticut's Work-Related Fatalities in 2016.  February 2018 (331K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 28 lives to work injuries in 2016, decreasing from 2015's count of 44. This is the smallest loss since 2008. It is also below Connecticut's annual average of 39 work-related deaths. At 1.6 deaths per 100,000 fulltime equivalent workers, Connecticut had the lowest state rate, primarily due to lower employment in high-risk industries. However, it cannot be stressed enough that even one work-related death is one too many.

    Industry
    The nation lost 5,190 lives to workplace injuries in 2016, the most since 2008. The fatal injury rate increased to 3.6 per 100,000 full-time equivalent workers from 3.4 in 2015. The biggest loss was seen in Texas with 545 work-related fatalities, followed by California with 376 and Florida with 309 deaths. Rhode Island recorded the fewest, with 9. High rates were recorded in Wyoming (12.3) and Alaska (10.6). Wyoming's highest rate was in the transportation and utilities industry, at 46.8. Alaska recorded a rate of 44.5 in manufacturing and 42.0 in transportation and utilities.

    Nationally, the construction industry recorded the biggest number of fatalities at 991, followed by transportation and warehousing with 825. The highest rate by industry was seen in truck transportation, with 25.6 deaths per 100,000 full time equivalent workers. [ download article only ] 

  • Life in the Slow Lane?  December 2017 (278K) Pg.1-5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The Connecticut State Data Center at the University of Connecticut recently released population projections for Connecticut and its towns through 2040. The projections suggest a slowing of population growth but do not show an exodus of young people from Connecticut. Declines in the younger population groups are driven by a low birth rate while migration out of state is concentrated in older age groups. Nevertheless, the number of senior citizens will increase while the school-aged population will decline. Growth will be uneven across cities and towns with some (particularly the largest cities) gaining significant population while others decline. Some of the smallest towns are projected to reverse part of the strong growth they have experienced in recent decades.

    Statewide Overview
    Connecticut's population increased by over 255,000 from 1970 to 1990 and added an additional 300,000 from 1990 to 2015, a 9.3% increase. Population growth is projected to grow just 1.7% in the 25 years from 2015 to 2040, less than 20% of the growth rate of the previous 25 years. Focusing on the most recent 15 year period and comparing it to the next shows a similar pattern. Population grew 5.5% from 2000 to 2015 but is projected to grow just 1.1% from 2015 to 2030. While these projections are not predictions of what will happen (unforeseen events such as changes in the economy could affect these projections), they are carefully calculated projections based on fertility rates, survival rates, domestic migration, international migration, and college migration. [ download article only ] 

  • Is Connecticut Losing Jobs to Other States?  November 2017 (353K) Pg.1-5
    By Andy Condon Ph.D., Director of Research, Department of Labor, Andrew.Condon@ct.gov

    Rightly or wrongly, Connecticut's job growth performance is often talked about in the context of "winning" or "losing" to other parts of the country. This article uses the location quotient measure to begin to address this issue by using national Quarterly Census of Employment and Wages (QCEW) data to measure relative job growth from and to Connecticut over time. According to the US Department of Labor's Bureau of Labor Statistics, location quotients are ratios that allow an area's distribution of employment by industry, ownership, and size class to be compared to a reference area's distribution. [ read more ] 

  • Robots in the Workplace: Threat or Asset?  July 2017 (337K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    The latest breakthroughs in robotics and artificial intelligence have awakened fears that technological advances will lead to a large decrease in the overall level of employment and widespread unemployment. While there will be disruptions, and many occupations are at high risk of computerization over the next decade or two, the dynamic labor market continues to create opportunities for workers with the right skills and education. .  [ download article only ] 

  • Annual Unemployment Rate by Town, 2012-2016.  June 2017 (336K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    By looking at the unemployment rates, we can see that Connecticut has experienced six years of economic recovery. Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In the June 2016 Digest, 2011-2015 annual average town unemployment rate estimates were published. This year, revised 2012-2016 data are analyzed. [ download article only ] 

  • Connecticut's Work-Related Fatalities in 2015.  February 2017 (334K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Connecticut lost 44 lives to work injuries in 2015. With an increase from 2014's revised count of 35, this is the biggest loss since 2010. It is also above Connecticut's annual average of 39 work-related deaths. Nationally, a total of 4,836 fatal workplace injuries occurred in 2015. This was a slight increase from 2014's reported 4,821 deaths. However, the rate of fatalities per 100,000 full-time equivalent workers fell from 3.43 in 2014 to 3.38 in 2015. [ download article only ] 

  • The Crossroads of Millennials and Migration.  December 2016 (411K) Pg.1-5
    By Manisha Srivastava, Connecticut Office of Policy and Management

    The nation is closely watching the actions of millennials - what do millennials like, what are their work preferences, where do millennials want to live? And there is good reason for this attention - millennials now make up the largest living generation. According to the Pew Research Center, millennials, whom they define as born between 1981 and 1997, recently surpassed baby boomers in 2015 as the largest living generation. As a result the preferences of millennials do have a sizable impact on the economy - and their choices have substantially deviated from those of prior generations. But as millennials age their preferences likely will return to historical norms, which could benefit Connecticut. Long-run domestic migration patterns show Connecticut has historically imported adults in their late twenties and thirties (and forties when international migration is included). As millennials start settling down and moving into larger homes, safe communities, and for good schools, hopefully Connecticut will stand out as a top destination. [ download article only ] 

  • Seasonally Adjusted Unemployment Rates by Labor Market Area, 1990-July 2016.  October 2016 (404K) Pg.4
    By Jungmin Charles Joo, Associate Research Analyst, DOL

    In addition to not seasonally adjusted unemployment rate estimates, the Bureau of Labor Statistics (BLS) also produces monthly seasonally adjusted data by major labor market areas (LMAs) for Connecticut, going back to 1990. Because of the one-month lag, these estimates are not published in the Labor Situation or the Connecticut Economic Digest, but they are available upon request. This article looks at the long-term monthly trends of seasonally adjusted unemployment rates of all the LMAs. The Connecticut Department of Labor's Office of Research separately produced seasonally adjusted estimates for small areas (Enfield, Torrington-Northwest, and Danielson-Northeast) so that all areas in the state can be compared and analyzed. Note that because of the recent geographical changes, these small non-BLS LMAs can be seasonally adjusted only back to 2010. [ download article only ] 

  • Introducing the Job-to-Job Flows Data.  July 2016 (365K) Pg.3-4
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    This article introduces a new set of statistics about the dynamic nature of the labor market - the Job-to-Job Flows. These statistics provide information on workers who leave or lose one job and take another with little or no unemployment in between. For example, when a worker quits one job to take a better job at a different company, this will be counted as a job-to-job flow. While the data is still considered "Beta" and will be enhanced and improved in future years, the recently released numbers help us understand job changes in Connecticut.  [ download article only ] 

  • Annual Town Unemployment Rates, 2011-2015.  June 2016 (402K) Pg.3-4
    By Jungmin Charles Joo Department of Labor

    Unemployment rates come from the Local Area Unemployment Statistics (LAUS) program. There are total of 169 cities and towns in Connecticut for which labor force estimates are produced monthly by the Connecticut Department of Labor in cooperation with the U.S. Bureau of Labor Statistics (BLS). For a brief explanation of the methodology of LAUS, see "Labor Force Estimates" on page 23. In July 2015 Digest, 2010-2014 annual average town unemployment rate estimates were published. This year, revised 2011-2015 data are analyzed. [ download article only ] 

  • Economic Status of People with Disabilities.  February 2016 (321K) Pg.1-5
    By Al Sylvestre, Research Analyst, Department of Labor

    In the eight years since the recession that began in 2008, conditions in Connecticut's labor market continue to improve. As a segment of the working-age population age 16 years and older that constitutes 5% of the work force, among whom 44% are employed full time according to the US Census Bureau's most recent (2014) American Community Survey (ACS), people with disabilities are becoming increasingly visible in the labor market. What follows is a brief examination of this population's economic characteristics as well as some of the programs and services that provide access to opportunities for its members to attach to the labor force and retain employment in response to changes in disability status. [ download article only ] 

  • Connecticut's Work-Related Fatalities, 1992-2014.  December 2015 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    Throughout our history, the American worker has labored not only to erect buildings and cities, but also to raise the standards of our Nation's workplaces. Through protests and picket lines, by organizing and raising their voices together, workers have won small and large victories that have pushed our country closer to ensuring safer and healthier jobs for all.

    Across the United States, as dedicated Americans clock in at factories, walk onto construction sites, put on their hospital uniforms, and report to do the daily work that drives our Nation's progress, they give meaning to the simple yet profound belief that if you work hard and take responsibility, you can get ahead. However, each year millions of people have their shifts cut short by work-related injuries and illnesses, and on average, 12 Americans lose their lives on the job every day." - President Barack Obama

    In 2014, America lost 4,679 people to work-related deaths. Thirty-three of those deaths were in Connecticut. Connecticut's "low" number is primarily due to low employment in high-risk industries. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One work-related death is one too many. [ download article only ] 

  • Examining Education, Incomes, and the "Skills Gap".  June 2015 (280K) Pg.1-3, 5
    By Patrick J. Flaherty, Assistant Director of Research, Department of Labor

    While the unemployment rate has dropped sharply over the past few years, it remains higher than it was before the "great recession" began. On the other hand, the number and rate of job openings are higher than their prerecession levels. In March, there were five million job openings nationally despite an unemployment rate of 5.4%, a percentage point higher than prevailed in 2006 and 2007. Despite the pool of unemployed job-seekers, some business groups report that their members are having difficulty hiring employees with the skills and experience they are seeking. This has led some to conclude that there is a gap between the skills available in the labor force and the needs of employers. [ download article only ] 

  • The Economic Impact of Tourism in Connecticut. May 2015 (367K) Pg.1-5
    Tourism Economics - Connecticut Department of Economic and Community Development

    Tourism is an important economic engine in Connecticut, and all business sectors in the state economy benefit from tourism activity directly and/or indirectly. Visitors to Connecticut represent a significant economic benefit as they spend money in the local economy on items such as lodging, food and beverage, retail purchases, and recreation. Visitor spending has an even larger impact as it ripples through the statewide economy, generating revenues and jobs for businesses spanning a wide range of industries. Since the recession, Connecticut's tourism industry has created 5,000 new jobs. Visitors to Connecticut spent $8.3 billion in 2013, generating a total economic impact of $14.0 billion, supporting nearly 119,000 total jobs.[ download article only ] 

  • Connecticut's Work-Related Fatalities, 1992-2013.  December 2014 (433K) Pg.1-5
    By Erin C. Wilkins, Associate Research Analyst, Department of Labor, Erin.Wilkins@ct.gov

    "No one should have to sacrifice their life for their livelihood, because a nation built on the dignity of work must provide safe working conditions for its people." -Secretary of Labor Thomas E. Perez In 2013, work injuries claimed the lives of 4,405 workers in America. Twenty-six of those deaths occurred in Connecticut.

    Since 1992, the U.S. Department of Labor's Bureau of Labor Statistics has conducted the annual Census of Fatal Occupational Injuries (CFOI) to document workplace fatalities. Connecticut averages 39 workrelated fatalities annually with a high of 57 in 1998. In 2013, Connecticut saw the lowest recorded number of 26 lost workers. This "low" number is not statistically notable and cannot be attributed to a specific cause. However, it cannot be stressed enough that what is statistically unremarkable has a devastating impact on loved ones. One workrelated death is one too many. As Dr. David Michaels, the Assistant Secretary of Labor for Occupational Safety and Health, states, "Making a living shouldn't have to cost you your life. Workplace fatalities, injuries, and illnesses are preventable. Safe jobs happen because employers make the choice to fulfill their responsibilities and protect their workers." [ download article only ] 

  • Long Term Industry and Occupational Projections: 2012-2022.  September 2014 (410K) Pg.1-5
    By Patrick J. Flaherty, Economist, Department of Labor, Patrick.Flaherty@ct.gov

    Every two years the Connecticut Department of Labor produces and publishes ten year projections by industry and occupation. This year's projections cover the period 2012-2022, which invites a comparison to the previous ten year period. The 2002-2012 period spans the global financial and economic crisis that caused the worst national recession since the Great Depression. While employment started to increase after the first quarter of 2010, by 2012 employment in many industries was still below 2002 levels. Importantly, the industries that grew the most after the recovery started were not necessarily the same as those that lost the most during the recession, so the industry and occupational mix of the economy has changed. The long term projections help put these changes into perspective and peek over the horizon to see what the industry and occupational profile of the economy would look like if full employment could be achieved within the next decade. [ download article only ] 

  • Part-time Employment Trends: An Update.  May 2014 (447K) Pg.1-5
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    The Connecticut Economic Digest last tackled the topic of part-time employment in 1997. Therein it asked "are these newly created jobs mostly part-time (1 to 34 hours), with relatively low paying wages?" The tepid post-recession recovery we are currently experiencing has many people asking those same questions again. Fortunately, data availability has improved since the 1990s and this article will highlight state-level measures of earnings and hours worked to help answer those questions about the Connecticut economy. [ download article only ]  

  • Connecticut Migration Patterns.  August 2013 (418K) 4
    By Matthew Krzyzek, Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Examining interstate migration patterns provides an interesting view of where new Nutmeggers are coming from and where former Connecticut residents are going. Table 1 shows the ten largest sources of Connecticut inflow migration. The bordering states of New York and Massachusetts had the largest combined share of total inflow to the state at 39 percent of total inflows. Together with the third largest inflow state of Florida, those three states totaled 45 percent of flows into Connecticut. These three states since 2005 have consistently comprised the top three inflow origins to Connecticut. Overall inflow to the state in 2011 was 73,607 new residents. From 2005 through 2011 inflow peaked in 2006 at 88,518 new residents. [ download article only ]  

  • Youth Employment Patterns Revisited. September 2012  (198K) Pg.1-5
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    Last summer, the Connecticut Economic Digest published an article on youth employment in Connecticut. It used wage and Department of Motor Vehicles records to illustrate employment change by industry from the second to third quarter of 2007 and 2010. The article noted that youth employment declined at nearly three times the rate of overall Connecticut employment. This summer, the Census Quarterly Workforce Indicators (QWI) dataset has been examined to provide a more detailed and longer-term analysis of labor market changes for youths in Connecticut. The analysis provides more detail as to how the recession has affected the state's youngest segment of the labor force and analyzes long-term trends that help indicate the direction we are heading a full 3 years into the NBER-declared recovery. [ download article only ]  

  • Youth Employment in Connecticut. July 2011  (419K) Pg.3
    By Matthew Krzyzek, CCT Economist, Department of Labor, Matthew.Krzyzek@ct.gov

    For many, summer is a time for relaxation. The season is typified by sunny weather, family vacations, barbeques and trips to the beach. However, the season also represents a young workers initiation into the labor force. Be it work as a camp counselor, lifeguard, salesperson or waitress, those summer jobs teach youths valuable skills they will carry with them onto enhanced employment opportunities later in life. Unfortunately, for a growing number of American youths, these jobs are increasingly hard to find. [ download article only ]  

  • A New Approach to Analyzing the Gender Wage Gap. April 2011  (185K) Pg.1-3,&5
    By Manisha Srivastava, Economist, Department of Labor, Manisha.Srivastava@ct.gov

    "Equal Pay Day" takes place on a Tuesday in April (April 12th this year), symbolizing how far into the workweek women must work to earn what men earned the previous week. The gender wage gap is calculated by the Bureau of Labor and Statistics (BLS), and is based on data collected through surveys. This article takes a new approach to understanding the gender wage gap using wage records from Connecticut's Unemployment Insurance (UI) program. The gender wage gap is analyzed by age group and in further detail for select industries, with interesting implications for policy makers. [ download article only ] 

  • A Closer Look at Worker Displacement. July 2000, (176K) Pg.3-4.

  • Baby Boomers - Drivers of Change. February 1999, (429K) Pg.1,4.

  • Fatal Work Injuries in 2007. October 2008, (410K) Pg.1-3.

  • Got Data? Information for Workforce Investment Planning - 2005. December 2005, (551K) Pg.5.

  • Mass Layoffs and the Business Cycle September 2009, (410K) Pg.1.

  • Mass Layoff Trends in Connecticut. September 2002, (268K) Pg.2.

  • Multiple Jobholding Trends. October 2001, (238K) Pg.1-3.

  • Older Workers and Their Earnings after a Mass Layoff December 2007, (569K) Pg.1-2, 5.

  • Occupational Injuries and Illnesses in 2000. May 2002, (203K) Pg.1-3.

  • Profiles of the Connecticut Workforce. July 2003, (192K) Pg.1-3.

  • Profiles of the workforce, 1986 and 1996. August 1998, (177K) Pg.1-4.

  • Steady Habits Uncovered in CT Private Worksite Data January 2008, (620K) Pg.1-2.

  • Union Membership Trends. April 2002, (228K) Pg.1-3.

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