Business & Tech

Connecticut Unemployment Falls Below 8%

The milestone is a first since April 2009.

The unemployment rate in Connecticut dipped under 8.0% in October for the first time since April 2009, according to a report released Thursday by the state Department of Labor.

According to the DOL, the unemployment rate fell 0.1% in both September and October from 8.1% in August,Β despite declines in non-farm jobs. For the 12 months since October 2012, the jobless rate has shrunk by 0.5%.

β€œThe September and October reports are sending mixed signals about Connecticut’s labor markets,” said Andy Condon, Director of the Office of Research. β€œThe weeks leading up to the federal government shutdown, evidently, led to increased economic uncertainty and hiring indecision across the state. On a positive note, the state's unemployment rate has declined for two months in a row primarily driven by a reduced number of unemployed individuals.”

The Connecticut economy has gained 10,000 non-farm jobs since October 2012.

For more detailed information, see the Connecticut Labor Market Information page on the state Department of Labor website.

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