Governor says unemployment rate is lowest in seven years
Wilton’s unemployment rate dropped to 3.9% in April, exactly seven years after the last time it saw that benchmark in April 2008. It has now remained at 3.9% for three straight months, according to the Connecticut Department of Labor’s report for June 2015.
The outlook for the state is improving as well, although slowly.
Gov. Dannel P. Malloy today released the following statement in response to the Department of Labor’s monthly Labor Situation report for June, which showed that 2,600 private sector jobs were added last month, and the unemployment rate dropped three-tenths of a percentage point to 5.7% — its lowest point since July 2008.
“This is yet another milestone reached — unemployment is down to its lowest point in seven years. This news comes just a month after we created nearly 6,000 jobs, a huge one-month total. We are no doubt making progress, and our strategy is no doubt moving Connecticut forward,” the governor said. “These numbers represent another achievement reached, another marker that residents’ lives are improving, and another indicator that our economy continues to head in the right direction as a result of our efforts to create jobs. We know that until everyone that wants a job has one, our work is not complete.”