Overall unemployment rate moved up to 6.9% with the biggest shift in Restaurants & Hotels, which gained 4,200 roles, based on the most recently available information published in July 2021.
Total employment in the Bridgeport-Stamford-Norwalk, CT market rose by 6,211 jobs in June and the unemployment rate increased compared to the prior month by 10 bps to 6.9%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Bridgeport-Stamford-Norwalk, CT unemployment rate is 81 bps above the national rate which is a negative sign.
- Unemployment in the market is 490 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 1.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Education & Healthcare: 71,200; -900
- Transportation & Utilities: 63,000; +300
- Business Services: 62,800; -300
- Restaurants & Hotels: 39,600; +4,200
- Government: 39,500; -900
- Financial Services: 35,700; +300
- Manufacturing: 27,200; +300
- Other Jobs: 17,100; +900
- Construction, Mining: 14,100; +100
- IT & Development: 11,200; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.