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Malloy said the report shows the state has now recovered 113,400 of the 111,600 jobs that were lost during the Great Recession beginning in 2008, bringing its recovery rate to 101.6 percent.
In addition, the unemployment rate is at 5.1 percent – the lowest level since March 2008, before the start of the recession.
“Today’s data shows that Connecticut’s private sector is continuing to grow from the 2008 recession – and we’ve hit yet another milestone," Malloy said. "Our state’s businesses have shown strong growth this year, adding over 26,700 new jobs, while our unemployment rate is at a nearly eight-year low. We know that numbers can and may fluctuate from month to month, but what is undoubtedly clear is that we are making significant progress. While we are proud of this new milestone, and it’s a moment to celebrate, we cannot and won’t stop here. Everyone who wants a good-paying job with good benefits should be able to have one.”
Lt. Gov. Nancy Wyman said the numbers mark solid progress for the state's economy and are good news for the work force.
"Improving the business climate has been a top priority for Governor Malloy’s administration, and these innovative economic development, transportation, and housing initiatives are putting people back to work, helping Connecticut companies grow, and strengthening our communities,” she said.
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