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State of Connecticut Labor Situation | Last Updated: December 19, 2024 |
CT posts a small job gain (+300) in November as the jobless rate holds firm at a low 3.0%. |
WETHERSFIELD, December 19, 2024 - Connecticut industry payrolls added 300 jobs in November 2024 to a level of 1,709,300 as the unemployment
rate held steady at 3.0% (preliminary data, seasonally adjusted). Statewide nonfarm industry payrolls are 9,600 (0.6%) positions higher than a year ago. The October 2024 Connecticut preliminary job loss
of 300 (-0.02%) was not revised (unchanged) on the normal monthly revision. The November 2024 Connecticut unemployment rate is now well below a year ago (4.2%) and far below the nation (4.2%).
This labor statistics release includes estimated data from two different monthly surveys (businesses and households) produced by the U.S. Bureau of Labor Statistics (BLS) in cooperation with the States.
“Private sector jobs are up for the second consecutive month and are up 13,800 so far this year,” said Patrick Flaherty, Director of the Office of Research at the Connecticut Department of Labor. “The increase in Finance & Insurance is particularly encouraging. The very low unemployment rate suggests that jobseekers are having success in the labor market.” | |||
Nonfarm Jobs Detail (business establishment survey) | |
Connecticut’s Private Sector employment increased in
November 2024 by 800 (0.1%) to 1,475,500 and is up by 9,700 jobs (0.7%) from November 2023. October’s preliminary private sector's
gain of 900 jobs was adjusted slightly higher on revision to a 1,100 (0.1%) increase. The government supersector again was lower
by 500 jobs (-0.2%) in November to a level of 233,000 jobs (fifth month in a row of losses) and is now lower by 100 (-0.04%) positions from last November’s levels. The October 2024 preliminary total government job loss of 1,200 was revised even
lower by 200 to -1,400 (-0.6%). Connecticut’s total government supersector consists of all civilian federal, state, local, and tribal government
employment, including public education and Native American casino jobs located on federally recognized tribal reservations.
Five of the ten major industry supersectors increased jobs in November 2024, while four declined and the Information supersector was unchanged. The six industry supersectors that increased employment or were unchanged in November 2024 included:
The four industry supersector that fell in jobs in November 2024 were:
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Connecticut Labor Market Areas (LMAs): Two of the six major Connecticut LMAs that are seasonally adjusted by the BLS (about 92.3% of the state) posted nonfarm payroll job gains in November 2024 while three BLS labor markets saw monthly declines and the Danbury LMA (0.0%, 78,200) was unchanged. The New Haven LMA (307,300) led the regions in numeric (1,400) and percentage gains (0.5%) while the Hartford-West Hartford-East Hartford LMA (0.1%, 589,300) increased 800. The Bridgeport-Stamford-Norwalk LMA (-0.02%, 409,400), the Norwich-New London-Westerly LMA (-0.1%, 126,400) and the Waterbury LMA (-0.1%, 66,600) each experienced small monthly declines of 100.
Note: Six major Connecticut LMAs are estimated independently from the statewide data by the BLS and cover more than 90% of the nonfarm employment in the state. Thus, estimates will not fully sum to the statewide total. |
Hours and Earnings: The November 2024 Private Sector average workweek, not seasonally adjusted, averaged 33.6 hours (AWH). This is up one-tenth of an hour from the November 2023 average of 33.5 hours (0.3%). Average hourly earnings (AHE) at $38.32 in November 2024, not seasonally adjusted, were up by $1.70 (4.6%) from the November 2023 estimate of $36.62. The resulting November 2024 private sector average weekly earnings (AWE) were estimated at $1,287.55, higher by $60.78 (5.0%) from a year ago ($1,226.77). | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Note: Current all-employee private sector hours and earnings estimates can be volatile due to fluctuating sample responses. |
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in October, the same increase as in each of the previous 3 months, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.6 percent before seasonal adjustment. The index for shelter rose 0.4 percent in October, accounting for over half of the monthly all items increase. The food index also increased over the month, rising 0.2 percent as the food at home index increased 0.1 percent and the food away from home index rose 0.2 percent. The energy index was unchanged over the month, after declining 1.9 percent in September. The index for all items less food and energy rose 0.3 percent in October, as it did in August and September. Indexes that increased in October include shelter, used cars and trucks, airline fares, medical care, and recreation. The indexes for apparel, communication, and household furnishings and operations were among those that decreased over the month. The all items index rose 2.6 percent for the 12 months ending October, after rising 2.4 percent over the 12 months ending September. The all items less food and energy index rose 3.3 percent over the last 12 months. The energy index decreased 4.9 percent for the 12 months ending October. The food index increased 2.1 percent over the last year. | |
State of Connecticut Unemployment Rate vs. United States Unemployment Rate |
The preliminary November 2024 unemployment rate was estimated by the BLS Local Area Unemployment Statistics program (LAUS) to be 3.0% (seasonally adjusted). This is unchanged from October 2024, yet the unemployment rate is down one and two-tenths percent compared to the November 2023 level of 4.2%. The state jobless rate has declined 1.5 percentage points since March 2024. The U.S. unemployment rate for November 2024 was 4.2%, up one-tenth of one percent from the October 2024 rate but higher over the year from 3.7% in November 2023. The CT jobless rate in November 2024 is one and two-tenths of a percentage point lower than the U.S. unemployment rate. | |
Month | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CT | U.S. | CT | U.S. | CT | U.S. | CT | U.S. | CT | U.S. | CT | U.S. | CT | U.S. | CT | U.S. | CT | U.S. | CT | U.S. |
Jan | 6.0 | 5.7 | -0.3 | 5.2 | 4.8 | -0.4 | 4.6 | 4.7 | 0.1 | 4.2 | 4.0 | -0.2 | 3.7 | 4.0 | 0.3 | 3.8 | 3.6 | -0.2 | 7.1 | 6.4 | -0.7 | 4.9 | 4.0 | -0.9 | 3.6 | 3.4 | -0.2 | 4.4 | 3.7 | -0.7 |
Feb | 5.9 | 5.5 | -0.4 | 5.2 | 4.9 | -0.3 | 4.5 | 4.6 | 0.1 | 4.1 | 4.1 | 0.0 | 3.6 | 3.8 | 0.2 | 3.8 | 3.5 | -0.3 | 7.1 | 6.2 | -0.9 | 4.6 | 3.8 | -0.8 | 3.5 | 3.6 | 0.1 | 4.5 | 3.9 | -0.6 |
Mar | 5.8 | 5.4 | -0.4 | 5.1 | 5.0 | -0.1 | 4.5 | 4.4 | -0.1 | 4.1 | 4.0 | -0.1 | 3.6 | 3.8 | 0.2 | 3.9 | 4.4 | 0.5 | 7.0 | 6.1 | -0.9 | 4.4 | 3.6 | -0.8 | 3.4 | 3.5 | 0.1 | 4.5 | 3.8 | -0.7 |
Apr | 5.8 | 5.4 | -0.4 | 5.0 | 5.1 | 0.1 | 4.5 | 4.4 | -0.1 | 4.0 | 4.0 | 0.0 | 3.5 | 3.7 | 0.2 | 8.3 | 14.9 | 6.6 | 7.1 | 6.1 | -1.0 | 4.3 | 3.7 | -0.6 | 3.3 | 3.4 | 0.1 | 4.4 | 3.9 | -0.5 |
May | 5.7 | 5.6 | -0.1 | 4.9 | 4.8 | -0.1 | 4.4 | 4.4 | 0.0 | 3.9 | 3.8 | -0.1 | 3.5 | 3.6 | 0.1 | 11.8 | 13.3 | 1.5 | 6.9 | 5.8 | -1.1 | 4.1 | 3.6 | -0.5 | 3.3 | 3.7 | 0.4 | 4.3 | 4.0 | -0.3 |
Jun | 5.6 | 5.3 | -0.3 | 4.9 | 4.9 | 0.0 | 4.4 | 4.3 | -0.1 | 3.9 | 4.0 | 0.1 | 3.5 | 3.6 | 0.1 | 11.5 | 11.0 | -0.5 | 6.8 | 5.9 | -0.9 | 4.0 | 3.6 | -0.4 | 3.4 | 3.6 | 0.2 | 3.9 | 4.1 | 0.2 |
Jul | 5.6 | 5.2 | -0.4 | 4.8 | 4.8 | 0.0 | 4.4 | 4.3 | -0.1 | 3.8 | 3.8 | 0.0 | 3.5 | 3.7 | 0.2 | 11.7 | 10.2 | -1.5 | 6.5 | 5.4 | -1.1 | 3.9 | 3.5 | -0.4 | 3.6 | 3.5 | -0.1 | 3.6 | 4.3 | 0.7 |
Aug | 5.5 | 5.1 | -0.4 | 4.7 | 4.9 | 0.2 | 4.4 | 4.4 | 0.0 | 3.8 | 3.8 | 0.0 | 3.6 | 3.6 | 0.0 | 9.6 | 8.4 | -1.2 | 6.2 | 5.1 | -1.1 | 3.8 | 3.6 | -0.2 | 3.8 | 3.8 | 0.0 | 3.4 | 4.2 | 0.8 |
Sep | 5.4 | 5.0 | -0.4 | 4.7 | 5.0 | 0.3 | 4.4 | 4.3 | -0.1 | 3.7 | 3.7 | 0.0 | 3.6 | 3.5 | -0.1 | 8.8 | 7.8 | -1.0 | 5.9 | 4.7 | -1.2 | 3.8 | 3.5 | -0.3 | 4.0 | 3.8 | -0.2 | 3.2 | 4.1 | 0.9 |
Oct | 5.4 | 5.0 | -0.4 | 4.7 | 4.9 | 0.2 | 4.3 | 4.2 | -0.1 | 3.7 | 3.8 | 0.1 | 3.6 | 3.6 | 0.0 | 7.9 | 6.8 | -1.1 | 5.6 | 4.5 | -1.1 | 3.8 | 3.6 | -0.2 | 4.2 | 3.8 | -0.4 | 3.0 | 4.1 | 1.1 |
Nov | 5.4 | 5.1 | -0.3 | 4.6 | 4.7 | 0.1 | 4.3 | 4.2 | -0.1 | 3.7 | 3.8 | 0.1 | 3.7 | 3.6 | -0.1 | 7.5 | 6.7 | -0.8 | 5.3 | 4.1 | -1.2 | 3.8 | 3.6 | -0.2 | 4.2 | 3.7 | -0.5 | 3.0 | 4.2 | 1.2 |
Dec | 5.3 | 5.0 | -0.3 | 4.6 | 4.7 | 0.1 | 4.3 | 4.1 | -0.2 | 3.7 | 3.9 | 0.2 | 3.7 | 3.6 | -0.1 | 7.4 | 6.7 | -0.7 | 5.1 | 3.9 | -1.2 | 3.7 | 3.5 | -0.2 | 4.2 | 3.7 | -0.5 |
The nonfarm employment estimate, derived from a survey of businesses, is a measure of jobs in the state; the unemployment rate and labor force estimates are based on a household survey, and measure the work status of people who live in Connecticut. Overall, as the national and state economies recover, volatility in monthly numbers can be expected. Job and employment estimates are best understood in the context of their movement over several months rather than observed changes in a single month's value. |
Labor Force / Residents Employed / Residents Unemployed |
Average weekly initial unemployment claims (not seasonally adjusted) for first-time filers (AWIC) in Connecticut for November 2024 were a still low 2,621. This is 604 (29.9%) claims higher than October 2024 (2,017) but lower by 264 claims (-9.2%) than the November 2023 (2,885) level. Claims naturally rise as winter months approach. | |
Month | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||||||||||||||
Labor Force |
Resident Emp. |
Resident Unemp. |
Labor Force |
Resident Emp. |
Resident Unemp. |
Labor Force |
Resident Emp. |
Resident Unemp. |
Labor Force |
Resident Emp. |
Resident Unemp. |
Labor Force |
Resident Emp. |
Resident Unemp. |
Labor Force |
Resident Emp. |
Resident Unemp. |
Labor Force |
Resident Emp. |
Resident Unemp. |
|
Jan | 1,908.3 | 1,828.3 | 80.0 | 1,927.3 | 1,856.5 | 70.8 | 1,936.8 | 1,863.4 | 73.4 | 1,805.1 | 1,676.0 | 129.0 | 1,942.9 | 1,848.6 | 94.4 | 1,886.3 | 1,818.6 | 67.7 | 1,902.4 | 1,819.5 | 82.9 |
Feb | 1,910.7 | 1,831.8 | 78.9 | 1,926.6 | 1,856.8 | 69.8 | 1,931.1 | 1,856.8 | 74.3 | 1,801.7 | 1,673.9 | 127.8 | 1,938.6 | 1,849.5 | 89.2 | 1,886.4 | 1,820.5 | 65.8 | 1,906.4 | 1,820.3 | 86.1 |
Mar | 1,914.5 | 1,836.7 | 77.7 | 1,925.8 | 1,857.2 | 68.6 | 1,924.5 | 1,849.6 | 74.9 | 1,800.0 | 1,673.3 | 126.8 | 1,933.8 | 1,849.1 | 84.7 | 1,887.1 | 1,822.9 | 64.2 | 1,910.5 | 1,825.0 | 85.4 |
Apr | 1,918.6 | 1,842.2 | 76.5 | 1,925.7 | 1,858.0 | 67.7 | 1,828.7 | 1,676.7 | 151.9 | 1,801.0 | 1,673.6 | 127.4 | 1,929.3 | 1,847.1 | 82.3 | 1,888.3 | 1,825.0 | 63.2 | 1,911.1 | 1,827.6 | 83.4 |
May | 1,922.2 | 1,846.9 | 75.3 | 1,926.7 | 1,859.5 | 67.2 | 1,901.8 | 1,676.9 | 224.9 | 1,798.9 | 1,674.8 | 124.1 | 1,923.0 | 1,843.2 | 79.8 | 1,889.8 | 1,826.6 | 63.2 | 1,914.5 | 1,832.7 | 81.8 |
Jun | 1,924.9 | 1,850.7 | 74.2 | 1,928.9 | 1,861.6 | 67.3 | 1,893.1 | 1,675.9 | 217.3 | 1,821.1 | 1,696.8 | 124.3 | 1,914.8 | 1,837.8 | 77.1 | 1,892.0 | 1,827.5 | 64.5 | 1,913.4 | 1,838.8 | 74.6 |
Jul | 1,926.8 | 1,853.6 | 73.2 | 1,931.7 | 1,863.6 | 68.1 | 1,901.5 | 1,679.8 | 221.6 | 1,837.5 | 1,717.7 | 119.9 | 1,905.6 | 1,831.3 | 74.3 | 1,894.5 | 1,827.1 | 67.4 | 1,907.8 | 1,838.5 | 69.3 |
Aug | 1,928.5 | 1,856.0 | 72.5 | 1,934.6 | 1,865.5 | 69.1 | 1,859.8 | 1,681.9 | 178.0 | 1,854.9 | 1,739.0 | 115.9 | 1,896.6 | 1,825.4 | 71.2 | 1,896.8 | 1,825.1 | 71.6 | 1,902.5 | 1,837.0 | 65.5 |
Sep | 1,930.0 | 1,857.9 | 72.1 | 1,937.4 | 1,867.5 | 69.9 | 1,848.0 | 1,685.1 | 162.9 | 1,870.3 | 1,759.9 | 110.4 | 1,892.9 | 1,820.9 | 71.9 | 1,898.6 | 1,822.5 | 76.1 | 1,900.5 | 1,839.1 | 61.4 |
Oct | 1,931.4 | 1,859.4 | 72.0 | 1,939.7 | 1,869.0 | 70.6 | 1,828.0 | 1,684.2 | 143.8 | 1,888.5 | 1,782.0 | 106.5 | 1,890.1 | 1,818.1 | 71.9 | 1,899.6 | 1,820.1 | 79.6 | 1,901.4 | 1,843.7 | 57.7 |
Nov | 1,932.6 | 1,860.8 | 71.9 | 1,941.0 | 1,869.5 | 71.5 | 1,819.1 | 1,682.3 | 136.8 | 1,905.5 | 1,804.1 | 101.4 | 1,888.1 | 1,817.0 | 71.1 | 1,899.5 | 1,819.2 | 80.3 | 1,903.0 | 1,846.1 | 56.9 |
Dec | 1,933.4 | 1,861.9 | 71.5 | 1,940.2 | 1,867.8 | 72.5 | 1,813.4 | 1,679.3 | 134.1 | 1,924.3 | 1,826.4 | 97.9 | 1,886.9 | 1,817.3 | 69.6 | 1,899.1 | 1,819.3 | 79.9 |
The nonfarm employment estimate, derived from a survey of businesses, is a measure of jobs in the state; the unemployment rate and labor force estimates are based on a household survey, and measure the work status of people who live in Connecticut. Overall, as the national and state economies recover, volatility in monthly numbers can be expected. Job and employment estimates are best understood in the context of their movement over several months rather than observed changes in a single month's value. |
Next Connecticut Labor Situation release: Monday, January 27, 2025 (December 2024, preliminary data) |
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