Connecticut’s Not Growing As Fast, But Employers are Cutting Fewer Workers, Too

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Government data released Tuesday about private sector job growth and losses has good news and bad news for Connecticut.

First, the bad news. In every quarter, from April 2011 through June 2012, the country was adding jobs faster than Connecticut.

(Unfortunately, June 2012 is the most recent data available.)

When measured as a percentage of total employment, the country was generally adding 14 percent more jobs than the state was.

However, Connecticut employers were cutting fewer workers during the same time period.

So in one quarter, Connecticut’s total job picture was better than the country, in one it was exactly the same, and in another, it was just barely behind. Only in the summer of 2011 did the nation strongly outperform Connecticut’s net job growth.

So if you’re a fresh graduate, or unemployed, it might be better to move somewhere else, where job openings come up more often. (Boston and Washington D.C. are good places for white-collar workers, North Dakota for blue collar). But if you’re working for a company or nonprofit, it’s better to live here, because job cuts are consistently lower.

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