Tuesday, October 20, 2009

Unemployment Rate Raises in Connecticut

According to Courant.com, Connecticut employers cut 6, 600 jobs in September. The percentage of unemployment in September was 8.4%, which leaped from the percentage in August, which was 8.1%. The national unemployment rate for September was 9.8%. Salvatore DiPillo, the state's labor statistics supervisor said that Connecticut's unemployment rate was at its highest in 33 years. Since March 2009, the state has got rid of 86,000 jobs, which the construction industry has lost 19.5% of the jobs, not including September's job cuts. Donald L. Klepper-Smith, an economist at DataCore Partners Inc. in New Haven, said he foresees that Connecticut will get rid of 100,000 jobs because of the economic recession.

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