June 8, 2018

Report: 90% of CT municipalities improved jobless rate in ‘17

PHOTO | Contributed
PHOTO | Contributed
A Pratt & Whitney employee.

The unemployment rate fell in 90 percent of Connecticut municipalities in 2017, although fewer saw drops compared to 2016, according to the state Department of Labor.

The latest monthly issue of Connecticut Economic Digest says the unemployment rate improved in 152 of the state's 169 municipalities, compared to 159 that were down in 2016.

The state's unemployment rate improved to 4.7 percent in 2017 compared to 5.1 percent in 2016. In April, the labor unit reported a jobless rate of 4.5 percent.

Hartford residents recorded the highest unemployment rate of 8.1 percent last year, but also scored the largest improvement, a 1.1 percent rate decrease. The Capital City has made major strides since 2013 when its jobless rate was 13.6 percent.

Waterbury and New Britain recorded the second and third highest unemployment rates of 7.4 percent and 6.4 percent, respectively. Both cities have improved their rate by more than 4 percent since 2013, DOL said.

Meanwhile, New Canaan had the lowest jobless rate of 2.8 percent in 2017, the report says.

In total, 126 cities and towns had unemployment rates below the statewide average and 37 had rates above it.

Among cities with more than 100,000 residents, Stamford recorded the lowest unemployment rate of 4.1 percent.

Read the full report here

Free E-Newsletters

Sign up now for our daily and weekly
e-newsletters! Click Here

Today's Poll Should lawmakers allow CT Lottery to sell its games online?<>
Most Popular on Facebook
Copyright 2017 New England Business Media