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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."

Desiree Soli September 21, 2012 at 04:12 PM
This is the failed policies of the democrats in Hartford. Led by Gov. Malloy we can expect more businesses to leave and higher unemployment. Nice to know the tax withholding are up 3.6 percent, my guess this is because the democrats have passed the highest tax increase in the history of the state not because more people are employed. We need to get rid of the democrat controlled house and senate and elect more republicans to office so we can reverse this trend. I urge people in Westport to elect Steve Rubin to the house and re-elect Toni Boucher to the Senate.
Bart Shuldman September 22, 2012 at 02:08 AM
So--the US economy has done better--yet Connecticut has not. Unemployment is growing--our debt in the state is growing--we are running another deficit--and using reserves to pay the states bills and balance the budget. What will happen if the US economy slows down? This could get real bad. So Mr Steinberg--care to step in and support your governor? This is not to be taken lightly, CT is in real trouble.

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