State jobless rate edges up to 3.9 percent in April

  • State jobless rate edges up to 3.9 percent in April

State jobless rate edges up to 3.9 percent in April

Education and health services faced the biggest reduction in April, losing 1,200 jobs.

CT lost 1,500 jobs in April, as the unemployment rate increased one tenth of a point to 4.9 percent, according to preliminary figures released Thursday by the state Department of Labor. In April, payrolls nationwide bounced back with employers adding 211,000 jobs. Despite the slight unemployment increase the number of employed is also up, suggesting more individuals are entering the labor market.

The seasonally-adjusted rate is 1 percent lower than it was this time a year ago.

An afternoon recap of the day's most important business news, delivered weekdays.

March's job gain was revised downward to 600, from an initially reported increase of 1,300.

That cut the jobless rate to 5.7 per cent from 5.9 per cent.

Employment has grown by 106,000 jobs over the first four months of 2017, matching the strongest start to a calendar year since 2008. Manufacturing saw a decline of 2,900 jobs.

Government saw the largest job growth last month, up 1,900 jobs, followed by transportation, warehousing and utilities, which saw an increase of 1,600.

The Hartford-West Hartford-East Hartford market recorded the largest job loss, down 1,000 positions, while the Norwich-New London-Westerly and Waterbury markets also lost positions in April.

The unemployment rate slipped to 5.7 percent, the Australian Bureau of Statistics said on Thursday, compared with analysts' expectations for a steady 5.9 percent. Retrenchment in administrative and support services accounted for the entirety of the decline in that area, according to state labor officials.

Private sector employment fell by 1,000 in April, but is up over the year by 9,900 jobs. Only 61% of people in the workforce were found to have year-round jobs with 34% working only 6-11 months even though they were willing to work for 12 months. The figure includes discouraged workers who stopped looking as well as part-time workers who want but can't get full-time jobs.