Welcome to CTjobs.com

Work Closer. Work Happier.

Connecticut hospitality jobs lost

Posted on December 4, 2017

A number of Connecticut hospitality jobs were lost, according to the latest labor statistics.

The state lost 6,600 net jobs (-0.4%) in October 2017, to a level of 1,680,600, seasonally adjusted. Over the year, nonagricultural employment in the state grew by 1,400 jobs (0.1%).

Private sector employment fell by 5,600 (-0.4%) to 1,449,700 jobs over the month in October, but remains up by 4,400 jobs (0.3%) over the year. The government supersector declined by 1,000 (-0.4%) to 230,900 jobs last month and over-the-year losses are at -3,000, -1.3%.

On the downside, leisure & hospitality dropped an estimated 3,000 jobs in October (-1.9%, 154,000 total). However, this large drop is more reflective of declines from a very strong summer season to more typical levels than it is of any weakness in the industry. Other services was next with a loss of 2,100 (-3.1%, 66,400 total).

Trade, transportation & utilities shed 1,400 jobs (-0.5%, 297,700) with the retail component accounting for all of the loss. Financial activities lost 1,000 positions (-0.8%, 132,400 total), although the supersector remains up in employment over the year. The government supersector also lost 1,000 positions (-0.4, 230,900), continuing its long-term downward slide. The information supersector lost 500 jobs (-1.6%, 31,600 total).

Finally, professional & business services lost 400 jobs (-0.2%, 217,800 total). Connecticut has now recovered 72.5% (86,400 jobs) of the 119,100 seasonally adjusted jobs lost in the Great Recession (3/08-2/10). The job recovery is into its 92nd month and the state needs an additional 32,700 jobs to reach an overall nonfarm employment expansion.

The state’s private sector also slipped a bit in the recovery, regaining 92.4% (103,200) of the 111,700 private sector jobs lost in that same employment downturn. The

 

The Berlin Citizen
The Bristol Press
New Britain Herald
The Express
Cheshire Citizen
The Chronicle
The Journal Inquirer
Mystic River Press
The North Haven Citizen
The Plainville Citizen
Record-Journal
RepublicanAmerican
The Southington Citizen
Town Times
Westerly The Sun