By Keith M. Phaneuf
The state’s unemployment rate dropped slightly in August, falling from 5.4 to 5.3 percent as Connecticut added 3,200 non-farm jobs last month, the Department of Labor reported today.
August marks the fourth consecutive month Connecticut has gained jobs, and the state now has added 33,200 jobs over the year. The state has recovered just over 88 percent of the 119,000 jobs it lost between March 2008 and February 2010.
Average hourly earnings stood at $29.24 in August, up $1.26, or 4.5 percent, from one year ago.
The 5.3 percent unemployment rate is the lowest since May 2008.
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