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Labor Market Information - Financial Activities Sector State of Connecticut
Last Updated: July 18, 2024
  Financial Activities Sector ~ State of Connecticut Select Industry  
1 Month Ago 1 Year Ago January 2010 Recession Trough March 2008 Employment Peak
Jun
2024
May
2024
Change Rate % Jun
2024
Jun
2023
Change Rate % Jun
2024
Jan
2010
Change Rate % Jun
2024
Mar
2008
Change Rate %
119,300 118,600 700 0.6% 119,300 118,700 600 0.5% 119,300 134,900 -15,600 -11.6% 119,300 144,500 -25,200 -17.4%
The financial activities sector is made up of two parts: the finance and insurance sector (sector 52), and the real estate and rental and leasing sector (sector 53). The finance and insurance sector comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities are identified:

  • Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities.
  • Pooling of risk by underwriting insurance and annuities.
  • Providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs.

The real estate and rental and leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting and/or buying real estate for others, and appraising real estate. The main components of this sector are the real estate lessors industries; equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works).

Download Financial Employment (1990-Current) .xls
 Month  2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y 2023 Y/Y 2024 Y/Y
 Jan 129,600 130,100 128,700 126,400 124,000 122,700 119,000 118,700 118,500 118,100
 Feb 129,800 130,000 128,300 126,300 124,000 122,700 118,900 118,700 118,400 118,500
 Mar 129,900 130,300 128,100 126,000 123,700 122,300 119,000 118,800 118,400 118,300
 Apr 130,100 130,200 128,200 125,600 123,800 119,500 117,900 118,700 118,400 119,000
 May 130,400 130,000 128,300 125,600 123,600 119,200 117,700 118,800 118,500 118,600
 Jun 130,300 129,600 128,300 125,600 124,100 119,200 117,400 118,400 118,700 119,300
 Jul 130,200 129,200 128,000 125,200 124,100 119,100 117,300 118,500 118,300
 Aug 130,200 129,200 127,700 125,000 124,000 119,400 117,200 118,300 118,600
 Sep 130,100 129,200 127,500 125,100 123,600 119,500 116,800 118,500 118,500
 Oct 130,100 129,000 127,300 125,000 123,600 119,300 118,200 118,400 118,300
 Nov 130,100 128,700 126,800 124,800 123,300 119,200 118,600 118,400 117,800
 Dec 130,000 128,400 126,700 124,600 123,000 118,800 118,600 118,500 117,500
 Month  2005 Y/Y 2006 Y/Y 2007 Y/Y 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y
 Jan 141,200 143,700 145,600 143,800 140,800 134,900 136,100 133,700 132,400 128,900
 Feb 141,500 143,500 145,200 144,100 140,200 135,000 136,100 133,500 131,900 128,700
 Mar 141,200 143,500 144,600 144,500 139,700 135,000 135,700 133,500 131,500 128,300
 Apr 142,300 143,800 145,200 144,200 138,500 134,800 135,600 133,500 131,400 128,300
 May 142,000 143,900 144,900 144,000 138,000 134,800 135,400 133,500 130,500 128,600
 Jun 142,200 143,900 145,100 144,000 137,100 135,000 134,400 133,500 130,800 128,400
 Jul 142,700 144,200 144,800 143,400 136,700 135,200 135,100 133,100 130,600 128,600
 Aug 142,600 144,400 144,400 143,600 136,300 135,700 135,000 132,800 130,300 128,700
 Sep 142,600 144,500 144,300 143,100 136,100 135,300 134,400 133,000 129,700 128,900
 Oct 142,900 145,000 144,000 142,200 136,100 135,400 134,000 132,700 129,300 129,100
 Nov 142,900 145,300 143,600 142,200 136,000 135,600 134,100 132,300 129,200 129,200
 Dec 143,300 145,200 143,700 141,600 135,600 135,700 133,800 132,100 129,200 129,300
 Month  1995 Y/Y 1996 Y/Y 1997 Y/Y 1998 Y/Y 1999 Y/Y 2000 Y/Y 2001 Y/Y 2002 Y/Y 2003 Y/Y 2004 Y/Y
 Jan 130,900 128,600 127,700 133,900 140,100 141,800 142,700 143,400 143,200 140,900
 Feb 130,700 129,400 128,800 134,400 140,000 142,200 142,700 143,100 142,800 140,700
 Mar 130,600 129,400 128,900 135,200 139,700 142,500 142,700 142,800 142,400 140,600
 Apr 131,700 128,700 129,300 134,300 140,700 142,300 142,800 142,300 143,500 140,300
 May 131,900 128,500 129,900 134,800 140,800 142,500 142,900 142,500 143,700 140,500
 Jun 132,000 128,100 128,600 135,400 140,900 143,100 143,100 142,100 143,400 140,300
 Jul 133,900 127,900 129,300 138,600 141,100 143,700 143,300 142,400 142,800 140,300
 Aug 134,000 128,000 129,900 139,000 140,900 143,800 143,400 142,400 142,600 140,700
 Sep 134,500 127,400 130,900 139,200 141,200 143,700 143,100 142,600 142,500 140,600
 Oct 132,700 129,200 132,500 139,400 141,400 143,600 142,900 142,400 142,000 140,800
 Nov 132,900 129,500 132,600 139,700 141,400 143,500 142,900 142,900 141,700 141,000
 Dec 132,700 128,600 133,500 139,800 141,500 143,600 142,700 142,700 141,700 140,900
State of Connecticut Department of Labor - Office of Research, 200 Folly Brook Boulevard, Wethersfield, CT 06109
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