Overall unemployment rate stayed flat at 4.4% with the biggest shift in Manufacturing, which lost 900 roles, based on the most recently available information published in September 2022.
Total employment in the Hartford-West Hartford-East Hartford, CT market declined by 5,097 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.
- Hartford-West Hartford-East Hartford, CT unemployment rate is 61 bps above the national rate which is a negative sign.
- Unemployment in the market is 190 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 3.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Education & Healthcare: 108,300; +400
- Transportation & Utilities: 88,500; -200
- Government: 79,000; -600
- Business Services: 77,200; -400
- Manufacturing: 56,700; -900
- Financial Services: 51,300; +300
- Restaurants & Hotels: 50,300; -100
- Construction, Mining: 21,900; -100
- Other Jobs: 21,600; +200
- IT & Development: 8,700; no change
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.