|Private Sector employment grew by 6,000 (0.4%, 1,454,400 jobs) in May, and remains up over the year by 15,300 jobs (1.1%). Although the Government supersector grew (700, 0.3%, 233,900) last month, it remains down over the year (-4,300, -1.8%). The Government supersector, which includes all federal, state and local employment, including public higher education and Native American casinos located on tribal land, remains the largest source of job losses in 2017.
Seven of the ten major industry supersectors grew jobs in May 2017 while three declined. The private Education and Health Services (3,200, 1.0%, 333,400 jobs) industry supersector was the biggest job generator in May. The educational services segment (2,100, 3.3%, 65,500) was the main source of this growth, but health services (1,100, 0.4%, 267,900) was positive as well. Private Education and Health Services lead in job growth magnitude over the year (6,100, 1.9% OTY). This was followed by the Leisure and Hospitality (1,600, 1.0%, 158,000 jobs) and Professional and Business Services (1,600, 0.7%, 217,100 jobs) both adding 1,600 positions. The Financial Activities supersector (800, 0.6%, 132,600) was also higher in May 2017. While the overall Government supersector (700, 0.3%, 233,900) posted a gain in May, the state government portion was still lower (-500, -0.8%, 65,400) over the month. The Other Services (500, 0.7%, 67,700 positions) supersector added a small number of jobs and now leads in percentage job growth (3,200, 5.0% OTY) since May 2017. The Trade, Transportation & Utilities (300, 0.1%, 297,100 jobs) industry supersector was just slightly higher last month.
Manufacturing (-900, -0.6%, 155,800 jobs) was the largest declining industry supersector of the three that lost jobs in May 2017. This important industry is only slightly lower (-300, -0.2% OTY) over the year. Construction and Mining (-600,-1.0%, 61,700) was next in losses last month, with building industries coming off a big 2,600 gain in April. A smaller job loss of 500 from the Information (-500, -1.6%, 31,000 jobs) industry supersector rounded out declining industries for the month. The Information (-1,300, -4.0%, OTY) supersector now leads in percentage losses over the year.
Connecticut has now recovered 79.0% (94,100, or an average of 1,082 jobs per month) of the 119,100 seasonally adjusted jobs lost in the Great Recession (3/08-2/10). The job recovery is into its 87th month and the state needs an additional 25,000 jobs to reach an employment expansion. The state's private sector has recovered at faster pace, regaining 96.6% (107,900 or about 1,240 per month) of the 111,700 private sector jobs lost in that same employment downturn. Just 3,800 more jobs are needed to be added to have a fully recovered private sector. The Government supersector has lost a total of 21,200 positions since the recession began in March 2008. This includes an additional 13,800 jobs lost since the state's overall nonfarm employment recovery began in February 2010 – hindering the recovery.