Unemployment rate jumps to 8.8 percent

Posted by ConnPolitics.tv Staff on November 19th, 2009

Wethersfield (AP) – The Connecticut Labor Department says the state’s unemployment rate increased slightly to 8.8 percent, even though employers added 1,000 jobs in October.

The gain announced Thursday is statistically small and doesn’t erase the 6,600 lost jobs in September. However, Labor Statistics Supervisor Salvatore DiPillo says it is welcome news.

DiPillo also says initial claims for October, at 5,900, are at their lowest level since last December.

The news comes a day after health insurer Aetna Inc. announced it will eliminate 160 Connecticut jobs. More layoffs are expected by March.

Meanwhile, the Mortgage Bankers Association says in a report released Thursday that the number of foreclosures and seriously delinquent loans in Connecticut rose from 6 percent to 7 percent during the third quarter of this year to stand at 37,022.

| Posted in News
| 12 feedbacks »
Comment from: drjohn [Visitor] Email
This is your state.

This is your state on drugs.

This is your state when controlled entirely by Democrats.
11/19/09 @ 23:27
Comment from: clayton moore [Visitor]
My daughters been looking for work for almost a year with a bachelors and experience- no luck. Wonder what the real rate of unemployment is when you count in everyone whose just given up or ran out of benefits. Those stimulus funds are sure helping, and nice to know I'll have to pay back the 800 bucks Obama gave us because they screwed that up too. And you trust these people to plan your health care? God save us from the sheeple.
11/20/09 @ 02:50
Comment from: Mr. Rell [Visitor] Email
The state is hiring - Many jobs look on-line
11/20/09 @ 06:09
Comment from: Ordinary Citizen [Visitor] Email
So how IS that 'change we can believe in' working out for everyone that 'believed' in it?


I'll keep my freedom, my guns and my money... you can keep 'the change' !!!
11/20/09 @ 07:26
Comment from: Hosed By The System [Visitor] Email
Smoke & mirrors state unemployment rate-----8.8%


"REAL" world state unemployment rate------over 10%


Same with this pathetic administrations "figures" on the federal level........

11/20/09 @ 07:37
Comment from: Able [Visitor] Email
'I'll keep my freedom, my guns and my money... you can keep 'the change' !!!'

I'll keep the notion that neither Obama, nor government, nor guns, nor money equate to freedom.
11/20/09 @ 09:29
Comment from: Ordinary Citizen [Visitor] Email
LOL but of course........
11/20/09 @ 10:45
Comment from: Sarah [Visitor] Email
How is every ones hope and change doing. When the Bush tax cuts are allowed to expire the unemployment will get even worse. The left just does not get it...................
11/20/09 @ 11:28
Comment from: xoxox [Visitor] Email
Ignorance in action. Like Obama has some magical control over forces set in motion ages ago...NAFTA, CHINA, Wall St, etc, etc, etc...Obama's just another politician....did you really believe that ANY politician is capable of reversing all this?? PROTECTIONISM baby...that's the only thing left to fix this....
11/20/09 @ 12:34
Comment from: GLENNA MACDONALD [Visitor] Email
Is there an emergency brake somewhere someone can pull so this dosn`t crash our economy completly and the state is totaled.
~Peace Glenna~
11/20/09 @ 12:35
Comment from: Dump Dodd Soon [Visitor] Email
Glenna,
That would make a great bumper sticker!
11/20/09 @ 12:52
Comment from: Independant Observer [Visitor] Email
I can remember when the media star, Obama, said-- "If we don't pass the Stimulus package this week, unemployment will be 8%."
Well it is now 10.2 using government numbers or 17.5 using realistic numbers, so what happened? Could it be Obama has no clue as to what he is talking about-- let alone understanding Capitalism.
11/21/09 @ 10:11

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