Education jobs in Connecticut climb
Posted on May 3, 2016
New statistics point out that education jobs in Connecticut are on an incline.
|Job numbers for March 2016 indicate employment increased by just 300 (0.02%) positions over the month, seasonally adjusted, with six major industry supersectors adding jobs and four declining. Since March 2015, Connecticut is calculated to have added 15,000 (0.90%) additional nonfarm jobs on much broader industry supersector gains as eight industry supersectors increased while just two declined.
Private Sector employment (1,447,800 jobs) in the state was unchanged in March 2016 but has increased by 16,400 jobs (1.15%, about 1,367 jobs per month) over the year. The Government supersector for March added 300 jobs (0.13%, 237,800 jobs) but has declined by -1,400 (-0.59%) since March 2015.
Six of the ten major industry supersectors added jobs in March 2016 and four declined, seasonally adjusted. The biggest job gaining supersector in March was Trade, Transportation & Utilities (1,300, 0.4%, 299,800 jobs). The transportation and utility components (900, 1.8%, 52,400 jobs) were the strongest mover in that supersector last month and have been very robust over the year (3,400, 6.9%). Low energy prices may have a role here.
The Leisure and Hospitality (500, 0.3%, 155,500 jobs) supersector continued solid employment gains as well with restaurants and hotels (600, 0.5%, 126,500) adding positions last month. This supersector also leads in annualized job growth (4,600, 3.1%). March gains of 300 jobs each came from the Government supersector (300, 0.1%, 237,800 jobs) and the Professional and Business Servicessupersector (300, 0.1%, 216,900).
Smaller gains of a hundred each also were posted by the Information industry supersector (100, 0.3%, 33,700) and the Education and Health Services (100, 0.03%, 329,200 jobs) supersector. The small Information industry supersector (1,400, 4.3%) now leads all ten industry supersectors in percentage growth over the year.
The four declining industry supersectors in March 2016 were highlighted by an unexpected decline in Construction and Mining (-1,100, -1.9%, 57,500 jobs). This seemed to be a bigger decline than expected considering the warm weather. The supersector is now slightly lower over the year (-100, -0.2%). The Other Services (-900, -1.4%, 64,700) supersector was the next largest decliner. Minor job losses also emanated from the Manufacturing (-200, -0.1%, 159,700) and Financial Activities (-100, -0.1%, 130,800) industry supersectors.