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Unemployment Rate Holds Firm At 6.3% In Connecticut

FAIRFIELD COUNTY, Conn, – Connecticut saw a net increase of 5,500 private sector jobs in January as the unemployment rate held firm at 6.3 percent, a five-year low, according to a report issued Monday by the state Department of Labor. 

The statistics also show that in 2014, Connecticut had its best growth of private sector jobs since 1998, growing over 23,000 positions, the Department of Labor said.

“Our economy is continuing to head in the right direction, with the private sector steadily adding jobs at a rate that our state hasn’t seen in decades,” Gov. Dannel P. Malloy said. 

“We’re positioning Connecticut’s economy for long-term growth and the results are moving in the right direction.  But we cannot stop here – we will continue in our efforts to move Connecticut forward to ensure that everyone in our state who wants a job has one.”

January's unemployment rate of 6.3 percent is unchanged from the December rate and down eight-tenths of a percentage point from the January 2014 unemployment rate of 7.1 percent.

The unemployment rate has held constant at 6.3 percent since September 2014 – five months in a row. 

Connecticut has now recovered 90,500 positions, or 76.1 percent of the 119,000 jobs that were lost in the state during the March 2008 to February 2010 employment recession.

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