Overall unemployment rate moved down to 3.4% with the biggest shift in Government, which gained 1,700 roles, based on the most recently available information published in January 2022.
Total employment in the Hartford-West Hartford-East Hartford, CT market rose by 5,511 jobs in November and the unemployment rate decreased compared to the prior month by 50 bps to 3.4%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Hartford-West Hartford-East Hartford, CT unemployment rate is 4 bps above the national rate which is a negative sign.
- Unemployment in the market is 90 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 3.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Education & Healthcare: 112,500; +1,400
- Government: 94,600; +1,700
- Transportation & Utilities: 91,800; +1,600
- Business Services: 78,300; +700
- Manufacturing: 56,800; +200
- Financial Services: 50,500; -300
- Restaurants & Hotels: 45,900; -1,100
- Construction, Mining: 22,300; -300
- Other Jobs: 20,600; no change
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.