2023 Workforce Sector Economic Scorecard - State of Connecticut Last Updated: September 18, 2023

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 2022 2023 Jan 1,646.5 1,681.9 Feb 1,658.8 1,687.0 Mar 1,665.9 1,685.3 Apr 1,667.6 1,686.5 May 1,666.6 1,691.8 Jun 1,666.9 1,689.3 Jul 1,670.8 1,691.2 Aug 1,672.1 1,693.3 Sep 1,673.4 Oct 1,669.4 Nov 1,674.6 Dec 1,673.1

Residents Employed 2022 2023 1,862.0 1,837.5 1,864.5 1,835.0 1,866.0 1,830.4 1,865.8 1,828.8 1,863.6 1,826.5 1,859.1 1,827.1 1,852.5 1,827.9 1,845.6 1,829.2 1,840.2 1,837.0 1,837.1 1,838.1

Labor Force 2022 2023 1,956.7 1,912.9 1,953.7 1,910.8 1,950.4 1,905.6 1,947.7 1,901.4 1,943.4 1,897.6 1,937.0 1,897.3 1,928.7 1,896.8 1,919.9 1,896.6 1,916.1 1,913.8 1,913.7 1,914.3

Unemployment Rate 2022 2023 4.8 3.9 4.6 4.0 4.3 3.9 4.2 3.8 4.1 3.7 4.0 3.7 4.0 3.6 3.9 3.6 4.0 4.0 4.0 4.0

Residents Unemployed 2022 2023 94.6 75.4 89.2 75.7 84.5 75.3 81.9 72.6 79.8 71.1 78.0 70.1 76.2 68.9 74.2 67.3 75.9 76.8 76.6 76.2

Average Weekly Initial Claims 2022 2023 4,832 3,819 4,478 3,872 4,029 3,926 3,790 3,954 3,442 4,095 3,198 4,549 3,709 4,274 3,851 4,092 3,872 3,870 3,875 3,894

2023 Workforce Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net % 6 4 2 0 +33% 6 4 2 0 +33% 6 4 2 0 +33% 6 3 3 0 0% 6 3 3 0 0% 6 3 3 0 0% 6 3 3 0 0% 6 3 3 0 0%  %  %  %  %

State of Connecticut Department of Labor - Office of Research 200 Folly Brook Boulevard, Wethersfield, CT 06109 LMI Home | CTDOL Home | CT.gov | Feedback | Disclaimer | Privacy Policy | Accessibility Policy This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more)