Overall unemployment rate moved up to 7.1% with the biggest shift in Government, which lost 4,200 roles, based on the most recently available information published in July 2021.
Total employment in the Hartford-West Hartford-East Hartford, CT market rose by 2,382 jobs in June and the unemployment rate increased compared to the prior month by 20 bps to 7.1%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Hartford-West Hartford-East Hartford, CT unemployment rate is 101 bps above the national rate which is a negative sign.
- Unemployment in the market is 400 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in June versus prior month by -1.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:
- Education & Healthcare: 104,400; -500
- Transportation & Utilities: 89,800; +100
- Government: 85,800; -4,200
- Business Services: 71,200; +600
- Manufacturing: 54,900; +300
- Financial Services: 52,400; +100
- Restaurants & Hotels: 43,400; +2,300
- Other Jobs: 21,200; +500
- Construction, Mining: 19,700; +500
- IT & Development: 8,400; 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.