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Press Releases

12/17/2015

Gov. Malloy: Connecticut's Private Sector Recovers All Jobs Lost from the Great Recession

(HARTFORD, CT) - Governor Dannel P. Malloy and Lt. Governor Nancy Wyman today released the following statements regarding the Connecticut Department of Labor's monthly "Labor Situation" report for November 2015.  The report shows that Connecticut's private sector grew 5,200 jobs last month and has now recovered 113,400 of the 111,600 jobs that were lost during the Great Recession, bringing its recovery rate to 101.6 percent.  In addition, the unemployment rate is at 5.1% - its lowest level since March 2008, before the start of the recession.

Governor Malloy said, "Today's data shows that Connecticut's private sector is continuing to grow from the 2008 recession - and we've hit yet another milestone.  Our state's businesses have shown strong growth this year, adding over 26,700 new jobs, while our unemployment rate is at a nearly eight-year low.  We know that numbers can and may fluctuate from month to month, but what is undoubtedly clear is that we are making significant progress.

While we are proud of this new milestone and it's a moment to celebrate, we cannot and won't stop here.  Everyone who wants a good paying job with good benefits should be able to have one."

Lt. Governor Nancy Wyman said, "This marks solid progress for Connecticut's economy and is good news for our workforce.  Improving the business climate has been a top priority for Governor Malloy's administration, and these innovative economic development, transportation, and housing initiatives are putting people back to work, helping Connecticut companies grow, and strengthening our communities."

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