2024 Workforce Sector Economic Scorecard - State of Connecticut Benchmarked March 2022 Select Year >>> Workforce Sector Scorecard Current Workforce 2022 Workforce 2021 Workforce 2020 Workforce 2019 Workforce 2018 Workforce 2017 Workforce 2016 Workforce 2015 Workforce 2014 Workforce 2013 Workforce 2012 Workforce 2011 Workforce 2010 Workforce 2009 Workforce 2008 Workforce 2007 Workforce 2006 Workforce 2005 Workforce 2004 Workforce 2003 Workforce 2002 Workforce 2001 Workforce Workforce Trends Workforce Historical Totals

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

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

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

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

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

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

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

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

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