.

Report: New Haven Area Lost Jobs In August

Connecticut unemployment rate hits 9 percent — the 5th consecutive monthly increase — but state officials question the numbers.

Another month, another rise in Connecticut's unemployment rate. The August jobless rate from the Connecticut Department of Labor shows 9 percent unemployment for the first time since April 2011. 

The unemployment rate rose from 8.5 percent in July. In the New Haven labor market, which includes North Haven, 1,900 jobs were lost, a reduction of -0.7 percent. Only the Norwich-New London labor market lost more.

State officials, including Governor Dannel P. Malloy, remain skeptical about the results.

“To date we can find no corroborating evidence that the record losses in employment and increases in unemployment, indicated by the household survey, are occurring at this magnitude,” said Andy Condon, director of the Office of Research at the Connecticut Department of Labor. “Other indicators, such as unemployment insurance claims, layoff events and reports of business expansions and contractions, do not support the sudden and steep decline in these indicators."

Malloy issued a statement for the second month in a row about his doubts on the accuracy of the results.

“We haven’t seen an increase in the initial number of people filing for unemployment benefits — in July, average weekly filings were 4,802 and in August they were 4,779.  In fact, claims are down from this time last year.  And tax withholdings are up 3.6 percent after adjustment,” Malloy said. “Those two trends are the opposite of what you would expect to see if the state was losing jobs at the rate suggested in this report."

Beth September 21, 2012 at 11:04 AM
Could it be that people have been unemployed so long, that unemployment benefits are ending/have ended? Therefore, new applicants aren't showing an increase, because the decrease in benefits offsets this?
Flowers September 21, 2012 at 02:24 PM
Beth, With all your double negatives I don't really follow what you are saying here. None the less, I agree completely.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something