Manufacturing jobs in Connecticut grow
Posted on March 29, 2019
More manufacturing jobs in Connecticut are being added, according to recent labor statistics.
|Nonfarm job estimates from the business payroll survey administered by the US Bureau of Labor Statistics (BLS) show the state lost 400 net jobs (0.02%) in February 2019, to a level of 1,693,900 seasonally adjusted. Over the year, nonagricultural employment in the state grew by 4,600 jobs (0.3%). |
The January 2019 originally-released job gain of 1,000 was revised down sharply to a loss of 2,500. The number of the state’s unemployed residents was estimated at 73,900, seasonally adjusted, unchanged from January.
As a result, Connecticut’s February unemployment rate is at 3.8%, seasonally adjusted, unchanged from the revised January level. Resident employment estimates include the self-employed and residents working out of state and are determined separately from the nonfarm payroll job estimates above. None of the movements in payroll job estimates or residential employment are considered statistically significant.
Private Sector shrank by 500 (0.0%) to 1,456,900 jobs over the month in February, and remains up 4,400 (0.3%) seasonally adjusted jobs over the year.
The Government supersector was up slightly in February (100, 0.0%) to a total of 237,000, and is now up 200 jobs (0.1%) over the year.
The Governmentsupersector includes all federal, state and local employment, including public higher education and Native American casino employment located on tribal land.Five of the ten major industry supersectors gained employment in February, while four declined.
Professional and Business Services led gainers with an increase of 800 jobs (0.4%, 217,600 total jobs). The Manufacturing supersector was next, adding 600 (0.4%, 161,400). Information grew by 200 (0.6%, 33,100) while Government (0.0%, 237,000) and Other Services (0.2%, 64,500) each added 100 positions.
The Trade, Transportation & Utilities supersector led declines dropping 1,000 jobs (-0.3%), followed by Educational and Health Services with a decline of 600 ( -0.2%). The Leisure and Hospitality supersector shed 400 positions (-0.2%), while Construction and Mining fell by 200 ( -0.3%).