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Trade jobs in Connecticut added

Posted on September 6, 2016

The latest labor statistics show that trade jobs in Connecticut have grown.

Preliminary Connecticut nonfarm job estimates from the business survey administered by the US Bureau of Labor Statistics (BLS) show the state added 1,700 jobs (0.10%) during July 2016 to a level of 1,693,000, seasonally adjusted. Since July 2015, nonagricultural employment in the state has grown by approximately 20,200 positions (1.21%, 1,683 jobs per month). June’s originally released job gain of 7,900 (0.47%) was revised down to 5,800 (0.34%). Year-to-date seasonally adjusted job growth is projected at 13,000 through July.

July 2016 preliminary seasonally adjusted nonfarm job estimates reveal a 1,700 (0.10%) monthly job gain, as five of the ten major industry supersectors added jobs.

Since July 2015, the state has increased nonagricultural employment by 20,200 positions (1.21%) with all ten major industry supersectors contributing to job gains.

The state’s Private Sector in the state, at 1,453,700, was up by 3,000 (0.21%) in July and higher by 20,100 jobs (1.40%, 1,675 jobs per month) over the year. The Government supersector lost 1,300 jobs (-0.54%, 239,300) last month but still remains slightly positive over the year (100, 0.04%).

Five of the ten major industry supersectors increased nonfarm jobs in July 2016 and five declined on a seasonally adjusted basis. Leisure and Hospitality (1,700, 1.1%, 154,600 jobs) and the Trade, Transportation & Utilities (1,700, 0.6%, 298,200 jobs) added the most jobs last month.

Restaurants and accommodations (1,500, 1.2%, 125,700 jobs) boosted leisure while retail trade (1,300, 0.7%, 182,200 positions) rebounded some in trade and transportation, after declining for two months in a row. Leisure and Hospitality (3,900, 2.6%) now leads in numeric job growth over the year.

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