Overall unemployment rate stayed flat at 4.4% with the biggest shift in Restaurants & Hotels, which lost 2,500 roles, based on the most recently available information published in September 2022.
Total employment in the Bridgeport-Stamford-Norwalk, CT market declined by 6,124 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.
- Bridgeport-Stamford-Norwalk, CT unemployment rate is 61 bps above the national rate which is a negative sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 0.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.7%. Key sectors include:
- Education & Healthcare: 74,800; -600
- Business Services: 66,100; +500
- Transportation & Utilities: 66,000; -100
- Restaurants & Hotels: 45,100; -2,500
- Government: 39,300; -800
- Financial Services: 36,500; +300
- Manufacturing: 30,000; +100
- Other Jobs: 16,900; +100
- Construction, Mining: 13,400; +200
- IT & Development: 11,700; +100
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.