Professional Documents
Culture Documents
Vol.11 No.3 A joint publication of the Connecticut Department of Labor & the Connecticut Department of Economic and Community Development
1.95
United States .............. 134,564,000 2
1.74
Change over month ............. 0.14%
Change over year .................. 1.6% 2 1.27 1.21
1.09
1
Unemployment Rate 0.79 0.73
Connecticut ............................. 4.6% 0.44 0.41
1 0.29
United States .......................... 4.7%
0
New London
Danbury
Bridgeport-
New Haven
Hartford
Enfield
Torrington
Waterbury
Willimantic-
STATEWIDE
Danielson
Stamford
March 2006
THE CONNECTICUT Table 1. EFFECTS OF SUBSTITUTION AND GROWTH
ECONOMIC DIGEST
The Connecticut Economic Digest is
Employment
ON INDUSTRY EMPLOYMENT: AN EXAMPLE
Year
Effect on
Employment
Industry
Employment
State
Employment
published monthly by the Connecticut Ind A Ind B Ind A Ind B
Department of Labor, Office of Research and Observable t 40 60 100
the Connecticut Department of Economic and Substitution t+1 (25%) 17% (10) 10 0
Community Development, Compliance Office Growth t+1 15% 23% 6 14 20
and Planning/Program Support. Its purpose is
to regularly provide users with a
comprehensive source for the most current, up-
AObservable t+1 (10%) 40% 36 84 120
to-date data available on the workforce and dollar earned to those products and Changes in Industry Employment
economy of the state, within perspectives of less to purchases of other goods. Table 2 (below) presents the
the region and nation. Growth effects are changes in con- effects of substitution and growth on
The annual subscription is $50. Send sumption of a product due only to changes in industry employment in
subscription requests to: The Connecticut changes in real income. Connecticut. During the 1996-2000
Economic Digest, Connecticut Department of period, the growth effects were
Labor, Office of Research, 200 Folly Brook Example positive and the reverse was true
Boulevard, Wethersfield, CT 06109-1114.
Make checks payable to the Connecticut
The example in Table 1 shows that during 2001-2005. The effects of
Department of Labor. Back issues are $4 per Industry A reduces its market share substitution may dominate the
copy. The Digest can be accessed free of of employment from 40% to 30% of growth effects for changes in em-
charge from the DOL Web site. Articles from total State employment, resulting in ployment; significant examples of
The Connecticut Economic Digest may be a substitution effect for Industry A of this scenario are boldfaced in Table
reprinted if the source is credited. Please send (0.3 0.4)/0.4 = -25%. If total State 2. Therefore, particularly for the
copies of the reprinted material to the Managing employment remains at 100, Indus- boldfaced industries, employment
Editor. The views expressed by the authors
try A loses 25% of its 40 employees. forecasts must account for changes
are theirs alone and may not reflect those of
the DOL or DECD. In this example, State growth in in preferences or relative prices.
employment is 20% for the year, so Note that although changes in
Contributing Staff: Rob Damroth (CCT),
the benefit of growth to Industry As relative productivity can affect the
Cynthia L. DeLisa, Salvatore DiPillo, Lincoln
S. Dyer, Arthur Famiglietti, Daniel W. Kennedy, initial employment level is (.3/ linkage between percentage changes
Ph.D., David F. Post, Mark Prisloe (DECD), .4)*20% = 15%. Adding -25% and in employment for an industry and
Joseph Slepski, Mark Stankiewicz and Kolie 15% together indicates that the percentage changes in consumption
Sun (DECD). Managing Editor: Jungmin observable percentage change from of that industrys output, the largest
Charles Joo. We would also like to thank our 40 is -10%, leaving Industry As substitution effects for employment
associates at the Connecticut Center for employment at 36. growth in Table 2 are reasonably
Economic Analysis, University of Connecticut,
for their contributions to the Digest.
Connecticut
Table 2. EFFECTS OF SUBSTITUTION AND GROWTH
Department of Labor
ON INDUSTRY EMPLOYMENT
1996-2000 2001-2005
* Sub. Growth Change Change * Sub. Growth Change Change
Shaun B. Cashman, Commissioner
CONNECTICUT Effect Effect (%) (000s) Effect Effect (%) (000s)
505"- /0/'"3. 0.0% 6.9% 6.9% 79.2 0.0% -1.1% -1.1% -18.3
Thomas E. Hutton, Deputy Commissioner $0/45
/"53&4.*/ 15.0% 8.0% 23.0% 12.2 2.2% -1.1% 1.1% 0.7
."/6'"$563*/( -10.1% 6.2% -3.9% -9.6 -12.8% -0.9% -13.8% -31.3
Roger F. Therrien, Director %VSBCMF(PPET -11.1% 6.1% -4.9% -9.1 -12.6% -1.0% -13.5% -22.8
Office of Research /PO%VSBCMF(PPET -7.3% 6.4% -0.9% -0.5 -13.7% -0.9% -14.6% -8.5
200 Folly Brook Boulevard 53"%&
53"/41035
65*-*5*&4 -0.7% 6.9% 6.1% 18.4 0.8% -1.1% -0.3% -1.1
-0.7% 6.9% 6.2% 4.0 -0.2% -1.1% -1.3% -0.9
Wethersfield, CT 06109-1114 8IPMFTBMF5SBEF
Connecticut Department
3FBM&TUBUFBOE3FOUBMBOE-FBTJOH 3.9% 7.2% 11.0% 2.2 0.1% -1.1% -1.0% -0.2
130'&44*0/"-#64*/&444&37 7.6% 7.4% 15.0% 28.2 -3.8% -1.0% -4.9% -10.3
of Economic and
1SPGFTTJPOBM
4DJFOUJGJD 11.7% 7.7% 19.5% 15.5 -5.2% -1.0% -6.2% -5.8
-FHBM4FSWJDFT -3.0% 6.7% 3.7% 0.5 -0.6% -1.1% -1.6% -0.2
Community Development
$PNQVUFS4ZTUFNT%FTJHO 58.2% 10.9% 69.1% 9.6 -17.0% -0.9% -17.9% -4.1
.BOBHFNFOUPG$PNQBOJFT -4.2% 6.6% 2.4% 0.7 -11.4% -1.0% -12.4% -3.5
"ENJOJTUSBUJWFBOE4VQQPSU 7.7% 7.4% 15.1% 12.0 0.0% -1.1% -1.0% -0.9
James F. Abromaitis, Commissioner &%6$"5*0/"-)&"-5)4&37 -0.3% 6.9% 6.6% 15.2 9.1% -1.2% 7.9% 20.1
&EVDBUJPOBM 4FSWJDFT -0.4% 6.9% 6.5% 2.5 15.0% -1.3% 13.8% 6.2
Ronald Angelo, Deputy Commissioner )FBMUI$BSFBOE4PDJBM"TTJTUBODF -0.3% 6.9% 6.6% 12.8 7.9% -1.2% 6.7% 13.9
-&*463& "/% )041*5"-*5: -0.3% 6.9% 6.6% 7.5 9.7% -1.2% 8.5% 10.2
"SUT
&OUFSUBJONFOU
BOE 3FDSFBUJPO 3.2% 7.1% 10.3% 2.1 5.7% -1.2% 4.6% 1.1
Compliance Office and Planning/Program "DDPNNPEBUJPOBOE'PPE4FSWJDFT -1.1% 6.8% 5.7% 5.3 10.7% -1.2% 9.4% 9.1
Support 05)&3 4&37*$&4 -4.6% 6.6% 2.0% 1.2 2.5% -1.1% 1.3% 0.8
505 Hudson Street (07&3/.&/5 1.5% 7.0% 8.5% 19.0 0.9% -1.1% -0.2% -0.4
'FEFSBM(PWFSONFOU -6.6% 6.5% -0.1% 0.0 -6.9% -1.0% -7.9% -1.7
Hartford, CT 06106-2502 4UBUF(PWFSONFOU -3.5% 6.7% 3.2% 2.1 -6.2% -1.0% -7.2% -5.0
Phone: (860) 270-8000 -PDBM(PWFSONFOU 5.5% 7.3% 12.8% 16.9 5.3% -1.1% 4.2% 6.4
Fax: (860) 270-8200
E-Mail: decd@po.state.ct.us *The effects of substitution for Connecticut do not separate the effects of growth and substitution from the U.S. or global economies;
Website: http://www.decd.org the percentage changes in substitution for these large-scale economic factors may be different for the State.
100 Pe ak
100 3/80 Tr ough
2/92
90
Pe ak
Pe ak 5/74 Tr oug h
90 1/83
12/69
80
80
70 Tr ough
Tr ough 11/75
10/71
70 60
1970 1975 1980 1985 1990 1995 2000 2005 1970 1975 1980 1985 1990 1995 2000 2005
The distance from peak to trough, indicated by the shaded areas, measures the duration of an employment cycle recession. The vertical scale in both
charts is an index with 1992=100.
Francis W. Ahking, Department of Economics, University of Connecticut, Storrs, CT 06269. Phone: (860) 486-3026. Stan McMillen
[(860) 486-0485, Storrs Campus], Connecticut Center for Economic Analysis, University of Connecticut, provided research support.
Leading and coincident employment indexes were developed by Pami Dua and Stephen M. Miller, in cooperation with Anirvan Banerji
at the Economic Cycle Research Institute. Components of the indexes are described in the Technical Notes on page 23.
Sources: *The Connecticut Economy, Connecticut Center for Economic Analysis, University of Connecticut
**Banknorth Bank
The Connecticut Economy's General Drift Indicators are composite measures of the four-quarter change in three coincident (Connecticut Manufac-
turing Production Index, nonfarm employment, and real personal income) and four leading (housing permits, manufacturing average weekly hours,
Hartford help-wanted advertising, and initial unemployment claims) economic variables, and are indexed so 1986 = 100.
The Banknorth Business Barometer is a measure of overall economic growth in the state of Connecticut that is derived from non-manufacturing
employment, real disposable personal income, and manufacturing production.
Sources: Connecticut Department of Economic and Community Development; U.S. Department of Energy, Energy
Information Administration; Connecticut Department of Revenue Services; F.W. Dodge; Connecticut
Department of Motor Vehicles; Connecticut Department of Transportation, Bureau of Aviation and Ports
* Estimated by the Bureau of the Census
Sources: U.S. Department of Labor, Bureau of Labor Statistics; The Conference Board
*Change over prior monthly or quarterly period
**The Boston CPI can be used as a proxy for New England and is measured every other month.
***The Connecticut Economy, Connecticut Center for Economic Analysis, University of Connecticut
Conventional mortgage
INTEREST RATES
rate fell to 6.15 percent
JAN DEC JAN
over the month.
1FSDFOU
2006 2005 2005
Prime 7.26 7.15 5.25
Federal Funds 4.29 4.16 2.28
3 Month Treasury Bill 4.34 3.97 2.37
6 Month Treasury Bill 4.47 4.33 2.68
1 Year Treasury Bill 4.45 4.35 2.86
3 Year Treasury Note 4.35 4.39 3.39
5 Year Treasury Note 4.35 4.39 3.71
7 Year Treasury Note 4.37 4.41 3.97
10 Year Treasury Note 4.42 4.47 4.22
20 Year Treasury Note 4.65 4.73 4.77
Conventional Mortgage 6.15 6.27 5.71
Sources: Federal Reserve; Federal Home Loan Mortgage Corp.
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
*Total excludes workers idled due to labor-management disputes. **Includes Indian tribal government employment.
For further information on the Bridgeport-Stamford Labor Market Area contact Arthur Famiglietti at (860) 263-6297.
For further information on the Danbury Labor Market Area contact Arthur Famiglietti at (860) 263-6297.
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
*Total excludes workers idled due to labor-management disputes.
For further information on the Hartford Labor Market Area contact Arthur Famiglietti at (860) 263-6297.
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
*Total excludes workers idled due to labor-management disputes.
For further information on the New Haven Labor Market Area contact Joseph Slepski at (860) 263-6278.
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
*Total excludes workers idled due to labor-management disputes. **Value less than 50
unpaid family worker and also held a wage and salary job. (The Editor's Desk, Bureau of Labor Statistics, January 6,
2006)
For further information on the Norwich-New London Labor Market Area contact Lincoln Dyer at (860) 263-6292.
For further information on the Waterbury Labor Market Area contact Joseph Slepski at (860) 263-6278.
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
*Total excludes workers idled due to labor-management disputes. **Includes Indian tribal government employment.
NOTE: More industry detail data is available for the State and its nine labor market areas at: http://
www.ctdol.state.ct.us/lmi/202/covered.htm. The data published there differ from the data in the preced-
ing tables in that they are developed from a near-universe count of Connecticut employment covered by
the unemployment insurance (UI) program, while the data here is sample-based. The data drawn from
the UI program does not contain estimates of employment not covered by unemployment insurance,
and is lagged several months behind the current employment estimates presented here.
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
*Total excludes workers idled due to labor-management disputes.
BRIDGEPORT - STAMFORD LMA Civilian Labor Force 457,900 452,900 5,000 1.1 460,300
Employed 435,800 430,700 5,100 1.2 442,800
Unemployed 22,200 22,300 -100 -0.4 17,600
Unemployment Rate 4.8 4.9 -0.1 --- 3.8
DANBURY LMA Civilian Labor Force 88,900 88,100 800 0.9 89,900
Employed 85,600 84,500 1,100 1.3 87,200
Unemployed 3,400 3,600 -200 -5.6 2,800
Unemployment Rate 3.8 4.1 -0.3 --- 3.1
ENFIELD LMA Civilian Labor Force 47,300 47,200 100 0.2 48,200
Employed 45,000 44,800 200 0.4 46,100
Unemployed 2,300 2,400 -100 -4.2 2,100
Unemployment Rate 4.9 5.0 -0.1 --- 4.3
HARTFORD LMA Civilian Labor Force 566,200 562,500 3,700 0.7 568,900
Employed 536,600 530,600 6,000 1.1 543,900
Unemployed 29,600 31,800 -2,200 -6.9 25,000
Unemployment Rate 5.2 5.7 -0.5 --- 4.4
NEW HAVEN LMA Civilian Labor Force 299,100 298,300 800 0.3 301,100
Employed 284,200 282,300 1,900 0.7 288,300
Unemployed 15,000 16,000 -1,000 -6.3 12,800
Unemployment Rate 5.0 5.4 -0.4 --- 4.3
NORWICH - NEW LONDON LMA Civilian Labor Force 147,500 146,300 1,200 0.8 148,100
Employed 140,400 139,100 1,300 0.9 142,000
Unemployed 7,100 7,100 0 0.0 6,100
Unemployment Rate 4.8 4.9 -0.1 --- 4.1
TORRINGTON LMA Civilian Labor Force 54,400 53,000 1,400 2.6 53,900
Employed 51,700 50,000 1,700 3.4 51,800
Unemployed 2,700 3,100 -400 -12.9 2,100
Unemployment Rate 4.9 5.8 -0.9 --- 3.8
WATERBURY LMA Civilian Labor Force 99,500 99,200 300 0.3 99,900
Employed 93,000 92,300 700 0.8 94,300
Unemployed 6,500 6,900 -400 -5.8 5,600
Unemployment Rate 6.5 7.0 -0.5 --- 5.6
WILLIMANTIC-DANIELSON LMA Civilian Labor Force 55,600 54,700 900 1.6 55,600
Employed 52,200 51,400 800 1.6 52,800
Unemployed 3,400 3,300 100 3.0 2,800
Unemployment Rate 6.1 6.0 0.1 --- 5.0
UNITED STATES Civilian Labor Force 149,090,000 147,125,000 1,965,000 1.3 149,874,000
Employed 141,481,000 138,682,000 2,799,000 2.0 142,918,000
Unemployed 7,608,000 8,444,000 -836,000 -9.9 6,956,000
Unemployment Rate 5.1 5.7 -0.6 --- 4.6
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
CONNECTICUT AVG WEEKLY EARNINGS AVG WEEKLY HOURS AVG HOURLY EARNINGS
JAN CHG DEC JAN CHG DEC JAN CHG DEC
/PUTFBTPOBMMZBEKVTUFE
2006 2005 Y/Y 2005 2006 2005 Y/Y 2005 2006 2005 Y/Y 2005
MANUFACTURING $824.68 $791.70 $32.98 $831.37 42.4 42.0 0.4 42.7 $19.45 $18.85 $0.60 $19.47
DURABLE GOODS 845.58 814.21 31.36 856.99 42.3 42.1 0.2 42.7 19.99 19.34 0.65 20.07
Fabricated Metal 761.10 733.15 27.95 767.28 43.0 43.0 0.0 43.3 17.70 17.05 0.65 17.72
Machinery 811.74 776.08 35.66 819.21 41.5 40.4 1.1 41.5 19.56 19.21 0.35 19.74
Computer & Electronic 672.40 638.28 34.12 687.23 41.0 40.5 0.5 41.6 16.40 15.76 0.64 16.52
Transport. Equipment 1,043.18 1,013.51 29.68 1,060.92 42.2 42.3 -0.1 42.9 24.72 23.96 0.76 24.73
NON-DUR. GOODS 771.59 734.84 36.75 764.24 42.7 41.8 0.9 42.6 18.07 17.58 0.49 17.94
CONSTRUCTION 822.84 816.91 5.93 859.92 37.3 37.2 0.1 38.1 22.06 21.96 0.10 22.57
LMAs AVG WEEKLY EARNINGS AVG WEEKLY HOURS AVG HOURLY EARNINGS
JAN CHG DEC JAN CHG DEC JAN CHG DEC
MANUFACTURING 2006 2005 Y/Y 2005 2006 2005 Y/Y 2005 2006 2005 Y/Y 2005
Bridgeport - Stamford $860.66 $826.91 $33.75 $813.56 41.8 41.7 0.1 39.9 $20.59 $19.83 $0.76 $20.39
Hartford 1,050.72 914.64 136.08 1,072.95 44.0 44.4 -0.4 44.1 23.88 20.60 3.28 24.33
New Haven 634.41 671.40 -36.99 642.80 39.8 43.4 -3.6 40.1 15.94 15.47 0.47 16.03
Norwich - New London 820.25 783.41 36.84 830.33 42.5 42.6 -0.1 43.0 19.30 18.39 0.91 19.31
Current months data are preliminary. Prior months data have been revised. All data are benchmarked to March 2005.
n January 2006 had the announcement that Hawley Lane Shoes will move from Trumbull to Shelton and, in
the process, expand their workforce by 40 during the next two years. Lowe’s has opened a new home
improvement store in Waterford with 200 employees being needed. Walgreen Co. will open a drugstore
distribution center in Windsor in 2008 with 550 new jobs being created. Polylok, Inc., a maker of molded
plastics, will expand their Wallingford facility and increase their employment level by 20.
n In January 2006 C-Cor, a network solutions provider, announced shifting of work from their Wallingford
plant to Mexico by June, resulting in a loss of 120 jobs. Cigna HealthCare has confirmed that 56 employ-
ees in Bloomfield will lose their jobs as work will be outsourced to the Philippines. This summer Givaudan
Flavors Corp., a maker of flavors for soft drinks, will close their New Milford plant and lay off 130 workers.
Business & Employment Changes Announced in the News Media lists start-ups, expansions, staff reductions, and
layoffs reported by the media, both current and future. The report provides company name, the number of workers
involved, date of the action, the principal product or service of the company, a brief synopsis of the action, and the
source and date of the media article. This publication is available in both HTML and PDF formats at the Connecticut
Department of Labor Web site, http://www.ctdol.state.ct.us/lmi/busemp.htm.
JANUARY 2006
LMA/TOWNS LABOR FORCE EMPLOYED UNEMPLOYED % LMA/TOWNS LABOR FORCE EMPLOYED UNEMPLOYED %
BRIDGEPORT-STAMFORD HARTFORD cont....
457,949 435,755 22,194 4.8 Canton 5,360 5,155 205 3.8
Ansonia 9,822 9,142 680 6.9 Colchester 8,538 8,145 393 4.6
Bridgeport 61,960 56,592 5,368 8.7 Columbia 2,948 2,834 114 3.9
Darien 8,961 8,652 309 3.4 Coventry 6,839 6,517 322 4.7
Derby 6,742 6,333 409 6.1 Cromwell 7,606 7,267 339 4.5
Easton 3,654 3,527 127 3.5 East Granby 2,851 2,717 134 4.7
Fairfield 27,460 26,365 1,095 4.0 East Haddam 4,992 4,795 197 3.9
Greenwich 29,321 28,364 957 3.3 East Hampton 6,561 6,191 370 5.6
Milford 30,482 29,084 1,398 4.6 East Hartford 24,872 23,272 1,600 6.4
Monroe 10,351 9,953 398 3.8 Ellington 8,379 8,030 349 4.2
New Canaan 8,621 8,366 255 3.0 Farmington 12,448 11,962 486 3.9
Newtown 13,736 13,273 463 3.4 Glastonbury 17,636 17,010 626 3.5
Norwalk 47,314 45,131 2,183 4.6 Granby 6,068 5,828 240 4.0
Oxford 6,361 6,109 252 4.0 Haddam 4,590 4,427 163 3.6
Redding 4,430 4,279 151 3.4 Hartford 47,859 43,120 4,739 9.9
Ridgefield 11,393 11,045 348 3.1 Hartland 1,172 1,126 46 3.9
Seymour 8,937 8,446 491 5.5 Harwinton 3,064 2,922 142 4.6
Shelton 21,869 20,848 1,021 4.7 Hebron 5,296 5,078 218 4.1
Southbury 8,765 8,376 389 4.4 Lebanon 4,177 3,969 208 5.0
Stamford 64,869 62,058 2,811 4.3 Manchester 31,003 29,553 1,450 4.7
Stratford 25,547 24,153 1,394 5.5 Mansfield 12,383 11,930 453 3.7
Trumbull 17,412 16,736 676 3.9 Marlborough 3,462 3,329 133 3.8
Weston 4,764 4,625 139 2.9 Middlefield 2,342 2,235 107 4.6
Westport 12,292 11,852 440 3.6 Middletown 25,586 24,405 1,181 4.6
Wilton 8,114 7,843 271 3.3 New Britain 34,072 31,512 2,560 7.5
Woodbridge 4,771 4,605 166 3.5 New Hartford 3,651 3,503 148 4.1
Newington 16,199 15,494 705 4.4
DANBURY 88,940 85,561 3,379 3.8 Plainville 9,911 9,349 562 5.7
Bethel 10,657 10,275 382 3.6 Plymouth 6,701 6,276 425 6.3
Bridgewater 1,010 982 28 2.8 Portland 5,096 4,872 224 4.4
Brookfield 8,754 8,457 297 3.4 Rocky Hill 10,405 9,945 460 4.4
Danbury 43,007 41,275 1,732 4.0 Simsbury 11,689 11,281 408 3.5
New Fairfield 7,454 7,184 270 3.6 Southington 23,278 22,296 982 4.2
New Milford 15,943 15,357 586 3.7 South Windsor 14,189 13,662 527 3.7
Sherman 2,115 2,030 85 4.0 Stafford 6,653 6,305 348 5.2
Thomaston 4,563 4,274 289 6.3
ENFIELD 47,343 45,044 2,299 4.9 Tolland 8,030 7,737 293 3.6
East Windsor 5,836 5,520 316 5.4 Union 456 440 16 3.5
Enfield 23,240 22,093 1,147 4.9 Vernon 16,677 15,900 777 4.7
Somers 4,549 4,329 220 4.8 West Hartford 28,629 27,428 1,201 4.2
Suffield 6,958 6,675 283 4.1 Wethersfield 13,166 12,523 643 4.9
Windsor Locks 6,759 6,426 333 4.9 Willington 3,807 3,665 142 3.7
Windsor 15,641 14,918 723 4.6
HARTFORD 566,206 536,608 29,598 5.2 All Labor Market Areas(LMAs) in Connecticut except three are federally-designated areas for
Andover 1,929 1,840 89 4.6 developing labor statistics.For the sake of simplicity, the federal Bridgeport-Stamford-Norwalk
Ashford 2,509 2,404 105 4.2 NECTA is referred to in Connecticut DOL publications as the Bridgeport-Stamford LMA, and the
Avon 8,816 8,529 287 3.3 Hartford-West Hartford-East Hartford NECTA is the Hartford LMA.
Barkhamsted 2,181 2,068 113 5.2 The Bureau of Labor Statistics has identified 17 towns in the northwest part of the state as a
Berlin 10,703 10,218 485 4.5 separate area for reporting labor force data. For the convenience of our data users, these
Bloomfield 9,700 9,150 550 5.7 towns are included in the Torrington LMA. For the same purpose, five towns which are
Bolton 2,990 2,871 119 4.0 part of the Springfield, MA area are published as the Enfield LMA. Similarly the towns of
Bristol 33,402 31,402 2,000 6.0 Putnam, Thompson and Woodstock-part of the Worcester, MA area-plus four towns estimated
Burlington 5,131 4,929 202 3.9 separately are included in the Willimantic-Danielson LMA.
JANUARY 2006
LMA/TOWNS LABOR FORCE EMPLOYED UNEMPLOYED % LMA/TOWNS LABOR FORCE EMPLOYED UNEMPLOYED %
NEW HAVEN 299,145 284,169 14,976 5.0 TORRINGTON 54,355 51,680 2,675 4.9
Bethany 2,950 2,845 105 3.6 Bethlehem 2,031 1,946 85 4.2
Branford 16,781 16,126 655 3.9 Canaan 612 582 30 4.9
Cheshire 14,294 13,758 536 3.7 Colebrook 828 802 26 3.1
Chester 2,205 2,127 78 3.5 Cornwall 828 797 31 3.7
Clinton 7,715 7,391 324 4.2 Goshen 1,536 1,482 54 3.5
Deep River 2,531 2,413 118 4.7 Kent 1,583 1,525 58 3.7
Durham 4,057 3,903 154 3.8 Litchfield 4,348 4,153 195 4.5
East Haven 15,656 14,810 846 5.4 Morris 1,305 1,251 54 4.1
Essex 3,685 3,549 136 3.7 Norfolk 962 917 45 4.7
Guilford 12,493 12,077 416 3.3 North Canaan 1,740 1,658 82 4.7
Hamden 29,956 28,593 1,363 4.6 Roxbury 1,357 1,316 41 3.0
Killingworth 3,461 3,335 126 3.6 Salisbury 1,995 1,913 82 4.1
Madison 9,713 9,425 288 3.0 Sharon 1,546 1,505 41 2.7
Meriden 30,323 28,580 1,743 5.7 Torrington 19,516 18,345 1,171 6.0
New Haven 53,851 49,920 3,931 7.3 Warren 728 694 34 4.7
North Branford 8,101 7,699 402 5.0 Washington 1,936 1,869 67 3.5
North Haven 12,555 12,033 522 4.2 Winchester 6,056 5,668 388 6.4
Old Saybrook 5,298 5,087 211 4.0 Woodbury 5,447 5,257 190 3.5
Orange 6,889 6,645 244 3.5
Wallingford 24,379 23,310 1,069 4.4 WATERBURY 99,514 93,014 6,500 6.5
Westbrook 3,548 3,403 145 4.1 Beacon Falls 3,169 3,007 162 5.1
West Haven 28,702 27,140 1,562 5.4 Middlebury 3,645 3,507 138 3.8
Naugatuck 16,875 15,900 975 5.8
*NORWICH-NEW LONDON Prospect 5,164 4,945 219 4.2
134,040 127,677 6,363 4.7 Waterbury 49,704 45,681 4,023 8.1
Bozrah 1,453 1,374 79 5.4 Watertown 12,168 11,583 585 4.8
Canterbury 3,120 2,927 193 6.2 Wolcott 8,790 8,391 399 4.5
East Lyme 9,473 9,083 390 4.1
Franklin 1,167 1,121 46 3.9 WILLIMANTIC-DANIELSON
Griswold 6,929 6,550 379 5.5 55,574 52,208 3,366 6.1
Groton 18,994 18,120 874 4.6 Brooklyn 3,695 3,519 176 4.8
Ledyard 8,325 8,028 297 3.6 Chaplin 1,382 1,304 78 5.6
Lisbon 2,524 2,407 117 4.6 Eastford 948 908 40 4.2
Lyme 1,131 1,092 39 3.4 Hampton 1,137 1,061 76 6.7
Montville 10,721 10,247 474 4.4 Killingly 9,137 8,516 621 6.8
New London 13,383 12,579 804 6.0 Plainfield 8,216 7,692 524 6.4
No. Stonington 3,191 3,058 133 4.2 Pomfret 2,201 2,100 101 4.6
Norwich 20,251 19,078 1,173 5.8 Putnam 5,039 4,726 313 6.2
Old Lyme 4,161 4,013 148 3.6 Scotland 957 921 36 3.8
Preston 2,757 2,647 110 4.0 Sterling 1,898 1,773 125 6.6
Salem 2,514 2,425 89 3.5 Thompson 5,163 4,893 270 5.2
Sprague 1,782 1,662 120 6.7 Windham 11,443 10,626 817 7.1
Stonington 10,249 9,903 346 3.4 Woodstock 4,359 4,170 189 4.3
Voluntown 1,584 1,505 79 5.0
Waterford 10,330 9,857 473 4.6
*Connecticut portion only. For whole NECTA, including Rhode Island town, see below. Not Seasonally Adjusted:
NORWICH-NEW LONDON CONNECTICUT 1,803,100 1,711,700 91,300 5.1
147,530 140,421 7,109 4.8 UNITED STATES 149,090,000 141,481,000 7,608,000 5.1
Westerly, RI 13,490 12,744 746 5.5
Labor Force estimates are prepared following statistical procedures developed Seasonally Adjusted:
by the U.S. Department of Labor, Bureau of Labor Statistics. CONNECTICUT 1,820,000 1,737,100 82,900 4.6
UNITED STATES 150,114,000 143,074,000 7,040,000 4.7
For further information on the housing permit data, contact Kolie Sun of DECD at (860) 270-8167.
INITIAL CLAIMS
Average weekly initial claims are calculated by dividing the total number of new claims for unemployment insurance received in the month by
the number of weeks in the month. A minor change in methodology took effect with data published in the March 1997 issue of the DIGEST.
Data have been revised back to January 1980.
UI COVERED WAGES
UI covered wages is the total amount paid to those employees who are covered under the Connecticuts Unemployment Insurance (UI) law for
services performed during the quarter. The fluctuations in the 1992-93 period reflect the effect of the changes in the tax law and the massive
restructuring in the states economy.
Leading Employment Index .......... +0.7 Business Activity Tourism and Travel
Coincident Employment Index ...... +1.2 New Housing Permits ................... -16.3 Info Center Visitors ......................... -2.9
Leading General Drift Indicator ..... +0.8 Electricity Sales .............................. +2.9 Attraction Visitors ......................... +26.8
Coincident General Drift Indicator +0.1 Retail Sales .................................... -0.6 Air Passenger Count ....................... -3.1
Banknorth Business Barometer ... +0.9 Construction Contracts Index ....... +25.6 Indian Gaming Slots ....................... +3.9
New Auto Registrations .................. +0.1 Travel and Tourism Index .............. +1.6
Total Nonfarm Employment .......... +0.7 Air Cargo Tons .............................. -13.4
Exports ........................................ +17.5 Employment Cost Index (U.S.)
Unemployment Rate ....................... -0.3 Total .............................................. +3.0
Labor Force ................................... +0.5 Business Starts Wages & Salaries .......................... +2.5
Employed ....................................... +0.9 Secretary of the State ..................... -1.4 Benefit Costs ................................. +4.1
Unemployed ................................... -7.2 Dept. of Labor ................................. -1.3
Consumer Prices
Average Weekly Initial Claims ...... -17.0 Business Terminations U.S. City Average .......................... +4.0
Help Wanted Index -- Hartford ....... +7.7 Secretary of the State .................... +4.0 Northeast Region ........................... +4.1
Avg Insured Unempl. Rate .......... -0.16* Dept. of Labor ............................... -29.7 NY-NJ-Long Island ......................... +3.7
Boston-Brockton-Nashua ............... +4.4
Average Weekly Hours, Mfg .......... +1.0
Average Hourly Earnings, Mfg ...... +3.2 State Revenues ............................ +17.2 Consumer Confidence
Average Weekly Earnings, Mfg ..... +4.2 Corporate Tax ............................. +140.0 Connecticut ...................................... NA
CT Mfg. Production Index ............... -2.8 Personal Income Tax .................... +16.9 New England .................................. -6.8
Production Worker Hours ................ -0.7 Real Estate Conveyance Tax ........... -4.1 U.S. ............................................... +1.6
Industrial Electricity Sales ............... -6.6 Sales & Use Tax ............................. +4.8
Indian Gaming Payments .............. +11.0 Interest Rates
Personal Income ............................ +4.6 *Percentage point change; **Less than 0.05 percent;
Prime .......................................... +2.01*
UI Covered Wages ......................... +4.2 NA = Not Available Conventional Mortgage ............... +0.44*
THE CONNECTICUT
ECONOMIC DIGEST
We would appreciate your input:
o What article topics would you like to see covered in future issues?
A joint publication of o What additional data would you like to see included in the Digest?
The Connecticut Departments of Labor and
Economic and Community Development Please send your comments, questions, and suggestions regarding
the Digest to dol.econdigest@po.state.ct.us. Thank you!
q If you wish to have your name removed from our mailing list, please
check here and return this page (or a photocopy) to the address at left.
q If your address has changed, please check here, make the necessary
changes to your address label and return this page to the address at left.
Mailing address: q If you receive more than one copy of this publication, please check
here and return this page from the duplicate copy to the address at left.
Connecticut Economic Digest
Connecticut Department of Labor
Office of Research First Class Mail
200 Folly Brook Boulevard U.S. Postage
Wethersfield, CT 06109-1114
PAID
PERMIT # 5
The Connecticut Economic Digest BLOOMFIELD, CT
is available on the internet at:
http://www.ctdol.state.ct.us/lmi