Unemployment rate is 6.3% in CT, a five-year low

The unemployment rate in Connecticut was 6.3% in January, a five-year low, according to the state Department of Labor (DOL).

The DOL’s most recent Labor Situation report, covering January 2015, shows that Connecticut saw a net increase of 5,500 private sector jobs in January, bringing the state’s unemployment rate to 6.3%.

The statistics also show that in 2014, Connecticut had its best growth of private sector jobs since 1998, with a net gain of 23,000 positions.

 

Malloy: ‘Moving in the right direction’

Gov. Dannel P. Malloy

Gov. Dannel P. Malloy

“Our economy is continuing to head in the right direction, with the private sector steadily adding jobs at a rate that our state hasn’t seen in decades,” Gov. Dannel P. Malloy said.

“We’re positioning Connecticut’s economy for long-term growth and the results are moving in the right direction,” he said.

“But we cannot stop here — we will continue in our efforts to move Connecticut forward to ensure that everyone in our state who wants a job has one,” added Malloy, a Democrat re-elected to a second term in 2014.

The state’s unemployment rate remains higher than the national rate, which was 5.5% for February.

 

 

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