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Connecticut Unemployment Rate Hits 9 Percent

The unemployment rises five months in a row, but state officials doubt 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. 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 doubt on the accuracyof 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."

Harry Dill September 22, 2012 at 04:05 PM
What about those that have hoisted white flags after exhausting their benefits and are not counted? Both Federal and State numbers are underestimates. It would be accurate to bump them up at least a percentage point or two if anything to say nothing about sectors that are particularly hard hit and are not specified in the aggregate. Most would certainly prefer to be earning a livable income versus barely subsisting on State unemployment earnings. If our legislators fail to regenerate our once thriving manufacturing economy unemployment will likely increase. If that is the case, they should reduce the cost-of-living so those unwilling to take 1099 jobs that pay less than their unemployment checks can make ends meet until job growth becomes a reality.
Linda Graham September 22, 2012 at 04:11 PM
How can such reports be accurate - do they take into consideration the people that no longer qualify for unemployment - it's unfortunate they are no longer consider into the percentage. Horrible - Our family is being effected by this and it's unacceptable that our country outsources it's jobs/manufacturing as much as they do. Are we still the country of opportunity?
Al Brecken September 22, 2012 at 06:33 PM
First, Connecticut is NOT a "right-to-state" as is the State of South Carolina , the Sate which the Boeing Corp chose for the location of a new factory employing 2000 workers. The NLRB , comprised of union scyophants ,tried to prevent this. I presume Gov. Malloy and the Democrats who represent Connecticut in Congess would support the NLRB because the NLRB members were appointed to the NLRB by Pres. Obama in cowardly way effected by stealth and subterfuge- all members of the NLRB were "recess" appointments , a precedure to avoid confirmation hearings were the appointed members would be subject to intense examination on the issue of their "neutrality"; being neither "pro business " or "pro union". Would the Democrats in Connecticut mantain that support for the NLRB if the jobs the NLRB opposed to were in Connecticut?. The Govenor of So. Carolina , Ms. Nikki Haley , who extended a pro-business "welcome" to Boeing , was a very articulate witness before a Congressional hearing on the NLRB , as was the Attorney- General of South Carolina. This can be viewed on You Tube with a search for-- "Unionization Through Regulation: The NLRB's Holding Pattern on Free Enterprise" Panel 2 Perhaps Connecticut needs a Govenor with the same attitude to business as Gov. Haley of So. Carolina. .
Harry Dill September 22, 2012 at 09:19 PM
Stamford now has NBC. That's not a bad move despite Gov. Malloy, the alleged nemesis of business growth in CT. The State could do better, however, unlike the southern States such as Alabama, Tennessee, and the Carolinas, CT may not offer the same measure of economic incentives needed to generate growth in the manufacturing sector. Historically CT has had a strong manufacturing base. What caused the bottom to fall out? Will the insurance industry be next on the chopping block?

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