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Old 01-23-2013, 09:30 PM
 
Location: Northeast states
10,361 posts, read 7,273,062 times
Reputation: 2714

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Hartford 15.1% Unemployed
Waterbury 12.6% Unemployed
Bridgeport 11.7% UnEmployed
New Haven 11.3% Unemployed
New London 11.1% Unemployed


Labor Market Information - Most Recent Labor Force Data for Connecticut Towns
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Old 01-24-2013, 06:51 AM
 
139 posts, read 286,400 times
Reputation: 61
It's also great to see so many towns have unemployment rates in the 4s and 5s. Mostly the ones where the workforce is highly educated. At least if you are unemployed in CT you receive a decent unemployment check. In FL the weekly payment maxes out at $275, a joke. The cost of living in our area is 85% of CT's.
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Old 01-24-2013, 02:13 PM
 
751 posts, read 1,514,706 times
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If I remember my Economics class correctly, "full employment" (or the ideal Unemployment Rate) should be around 4% in a good economy. The percentage varies by which academic or economist you speak to. That said, it is great to see a lot of Connecticut's towns hovering below the nation's current 7.8% unemployment average in a bad economy.

A few things can skew Unemployment statistics though, so I always personally try to take these figures with a grain of salt.
  • Those who were previously unemployed may have taken lesser paying jobs. These are the "underemployed."
  • Those who were previously unemployed may be going back to school, which eliminates them from the labor force count.
  • I believe even taking on a Part-Time job will eliminate you from the labor force count.
  • Similarly, I believe Temp and/or Seasonal jobs will also eliminate you from the labor force count. The data reflects December 2012, and many retailers may have sought for help during the holiday rush.
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Old 08-19-2013, 11:57 AM
 
Location: Northeast states
10,361 posts, read 7,273,062 times
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July 2013 Numbers


http://www1.ctdol.state.ct.us/lmi/laus/laus.pdf
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Old 08-19-2013, 12:01 PM
 
Location: Northeast states
10,361 posts, read 7,273,062 times
Reputation: 2714
Highest Unemployment in the State July 2013

Hartford 16.1%
Waterbury 13.3%
New Haven 12.4%
Bridgeport 12.2%
New Britain 11.7%




Why Hartford have the most unemployment in the state ?
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Old 08-22-2013, 10:09 AM
 
275 posts, read 335,936 times
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Good question, it's the capitol and has several colleges in its city too.

No wonder so many people I know in the Hartford county area are having problems finding work, and they're highly educated too!

I'm not surprised the unemployment rate is so bad, the economy is not doing well all over the nation.

Wonder what Massachusetts unemployment rate is?
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Old 08-22-2013, 10:51 AM
 
Location: Coastal Connecticut
14,750 posts, read 17,990,897 times
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Quote:
Originally Posted by RockNRollRocks View Post
Good question, it's the capitol and has several colleges in its city too.

No wonder so many people I know in the Hartford county area are having problems finding work, and they're highly educated too!

I'm not surprised the unemployment rate is so bad, the economy is not doing well all over the nation.

Wonder what Massachusetts unemployment rate is?
It's a measure of residents. Most professionals and politicians that work in Hartford don't live there.
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