After a loss of jobs in February, Connecticut gained an estimated 4,000 jobs in March, according to a Monday report by the state Labor Department.
The report also adjusted February’s job losses downward from 3,900 to 2,900. The unemployment rate in March remained at 6.4 percent, the same as it was in February.
“As we entered spring, job growth at this point in the recovery seems to be coming from a broader base of the state’s industries,” Andy Condon, Director of the Office of Research, said. “Eight of ten major industry supersectors added jobs in March and over the year. We continue to see increased labor force participation as the economy improves.”
The two supersectors that saw a decline were construction and financial services. The job losses in the construction industry were “likely because moderate snow still covered the state during the survey week.”
According to the report Connecticut still has not fully recovered from the recession. Connecticut has recovered 77.9 percent of the 119,000 seasonally adjusted nonfarm jobs that were lost during the recession, which ended in February 2010. The private sector has recovered employment at an improved pace and has now restored 99,200 of the 111,600 private sector jobs that were lost during the recession. That means a total of just 12,400 additional private sector positions are needed to have a fully-restored private sector.
Peter Gioia, an economist with the Connecticut Business and Industry Association, pointed out that Connecticut is still lagging the U.S. recovery and the recovery in neighboring states like Massachusetts where they’ve gained 150 percent of the jobs lost during the recession. The United States has regained 132 percent.
“The job market is proceeding at a moderate pace of recovery but we’re still behind some in the region and the rest of the country overall,” Gioia said.
Gov. Dannel P. Malloy pointed out that Connecticut has now added 27,100 jobs over the year.
“This is no doubt good news, and no doubt a reflection of the smart choices we’ve made to make the future brighter for thousands of residents,” Malloy said. “Jobs numbers are improving, our economy is growing, and our strategy is working as we make more progress.”