Overall unemployment rate moved down to 7.7% with the biggest shift in Restaurants & Hotels, which gained 2,200 roles, based on the most recently available information published in June 2021.
Total employment in the Hartford-West Hartford-East Hartford, CT market rose by 7,440 jobs in April and the unemployment rate decreased compared to the prior month by 50 bps to 7.7%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Hartford-West Hartford-East Hartford, CT unemployment rate is 195 bps above the national rate which is a negative sign.
- Unemployment in the market is 20 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -3.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Education & Healthcare: 105,700; +400
- Government: 92,100; +500
- Transportation & Utilities: 87,900; -1,200
- Business Services: 70,200; +1,700
- Manufacturing: 54,300; -400
- Financial Services: 52,700; -1,000
- Restaurants & Hotels: 37,900; +2,200
- Other Jobs: 20,700; +100
- Construction, Mining: 17,700; +400
- IT & Development: 8,600; +200
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.