Connecticut’s Job Market Has Best Year Since 2006

by Categorized: Uncategorized Date:

Connecticut employers added 18,400 jobs in 2013, a 1.1 percent growth rate and the best year since 2006, just before the Great Recession, new employment figures released Friday show.

In 2006, the state’s employers added 23,300 jobs.

While the economy’s strength was significantly better than in the first three years of the recovery, when job growth ranged between 10,500 and 14,300, it’s still not fast enough growth to make up for the large losses in 2008 and 2009.

In 2008, the state’s jobs base shrank by 32,600 jobs. In 2009, the state’s employers slashed a net total of 66,200 jobs.

The unemployment rate fell from 8 percent in January 2013 to 7.4 percent in December 2013. Both numbers are seasonally adjusted.

Gov. Dannel P. Malloy, in a written statement reacting to the report, said the data “is yet another sign that we are making progress in turning our economy around.”

“Clearly,” he said, “we have much more work to do. But we are making steady progress in our effort to create good paying jobs with good benefits for middle class families in Connecticut.”

To read about January’s huge job losses, click here.

The Courant is using Facebook comments on stories. To comment on articles, sign into Facebook and enter your comment in the field below. Comments will appear in your Facebook News Feed unless you choose otherwise. To report spam or abuse, click the X next to the comment. For guidelines on commenting, click here.