March Unemployment Rate Remains Unchanged
State Labor officials said Connecticut added 2,600 jobs in March, but it wasn’t enough to decrease the unemployment rate which remained unchanged at 8 percent.
The state restored some of the 5,700 job losses it experienced in February, which were associated with the storm that dumped up to three feet of snow in some parts of the state, disrupting business and transportation.
“March employment numbers confirm that the steep February job decline was due to storm-related issues,” Andy Condon, director of the Labor Department’s Office of Research, said Thursday. “Our three-month moving average of payroll job estimates indicates that Connecticut has continued on a path of modest job growth throughout the first quarter of this year.”
Since the recession started in March 2008 the state has recovered 51,200 or 42.2 percent of the 121,000 jobs lost. The private sector has regained 59,200 of the 114,000 private jobs lost during that same time.
The state’s unemployment rate of 8 percent remains higher than the national unemployment rate of 7.6 percent.
Tags: unemployment, March, unchanged, snowstorm, dh
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