Business & Tech

Bethel Unemployment Hovering Few Points Below CT Average

Bethel's unemployment rate is averaging 6.5 percent so far in 2013, a point and a half below the state average.

Despite the addition of 7,400 new jobs in April and May of this year Connecticut’s unemployment rate remained unchanged at 8 percent, according to data released this week by the Department of Labor.

Though the rate has remained unchanged for the past four months, labor officials said the jobs picture in Connecticut is looking up.

“With the exception of a storm [that] impacted February, Connecticut has been experiencing consistent job growth so far this year,” said Andy Condon, Director of the Office of Research for the state’s labor department. “The upward turn in labor force participation, after 35 straight months of decline, may indicate increased confidence in labor market conditions. However, there are still headwinds ahead. Federal budget sequester cuts could hinder employment growth possibilities throughout the rest of 2013.”

In Bethel, the unemployment rate for the town’s labor force of approximately 10,885 has been steady so far this year, hovering around 6.6 percent. At the beginning of the year the town’s unemployment rate was 6.6 percent, rising briefly to 6.7 percent in March and as low as 6 percent in April. In May it crept up to 6.5 percent, according to data released recently by the labor department.

Since the Great Recession ended, Connecticut has recovered 58,600 jobs, or 48.3 percent of the 121,200 seasonally adjusted jobs that were lost between March of 2008 to February of 2010, labor officials reported.

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