Falling jobless rate accelerates in Connecticut to 7-year low in June, but still lags US rate



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WETHERSFIELD, Connecticut — Connecticut employers added 600 jobs in June as the state's unemployment rate fell to 5.7 percent, the lowest in seven years, the state Department of Labor reported Monday.

The unemployment rate dropped a significant 0.3 percent from May and is the lowest since July 2008 when it was 5.7 percent. The private sector added 2,600 jobs last month, though local government employment dropped in June with schools closing for the summer.

The falling jobless rate is accelerating, with an increase of 27,000 jobs over the year. Connecticut's unemployment rate was still higher than the 5.3 percent U.S. rate.

"We are no doubt making progress, and our strategy is no doubt moving Connecticut forward," Gov. Dannel P. Malloy said.

The gains were less impressive to others.

"Still higher than most of the other New England states and shows just how stubborn our economic recovery more than five years after the end of the recession," said Peter Gioia, economist for the Connecticut Business and Industry Association.

Don Klepper-Smith, chief economic adviser to former Republican Gov. M. Jodi Rell, said the current expansion has averaged 1,600 new jobs each month since bottoming out in early 2010, and at the current rate of growth, Connecticut will not likely see full job recovery until next year.

In addition, Connecticut ranks fourth among the six New England states in jobs lost during the recession, regaining 82 percent. Massachusetts is No. 1 in the region, regaining all the lost jobs while creating new jobs that amount to an employment recovery rate of 207 percent, he said.

As Connecticut's economy continues to recover from the recession, the number of unemployed residents has declined by more than 13,000, or 11 percent, since June 2014.

Unemployment peaked at 9.2 percent over five months from October 2010 through February 2011.


This story has been corrected to show that total job growth was 600, not 2,600. The private sector increase was 2.600.

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