By Keith M. Phaneuf
The Connecticut jobless rate jumped from 8.5 percent to 9 percent in August, the biggest one-month increase in 36 years, the state Department of Labor reported today. The state lost 6,800 jobs.
“It looks as if we are seeing a slowdown in growth,” said Andy Condon, director of the Office of Research at the Connecticut Department of Labor.
But while Gov. Dannel P. Malloy said today that Connecticut’s economy continues to face tough challenges, he also was openly skeptical of the labor report’s accuracy for the second consecutive month.
The state’s total nonfarm job estimate fell in August, marking the fourth monthly decline in 2012. The first eight months of 2012 now have produced net job growth of just 1,300 positions so far this year. That’s well below the 8,000 new jobs gained during the first eight months of 2011.
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I guess raising taxes all across the board (and creating a few new ones) had nothing to do with this. We need to change direction in Hartford and we can only do this with a change of leadership.
The current majority has clearly let us down!
This has been going on for almost four years now – it doesn’t take a rocket scientist…It is time to change the leadership across the board.