Friday, January 13, 2012.
Growth continues…slowlyContinuing the good news we reported before the new year, unemployment rates in New Haven, Connecticut have dropped according to the Yale Daily News. These statistics come directly from the U.S. Department of Labor, which released the results on January 6th.
“While the current economic situation is still shaky, this is an encouraging sign,” said Michael Piscitelli, the city’s deputy economic development administrator. “We didn’t have a huge employment dip following the recession, and we have a high concentration of jobs held by New Haven residents.”
While this drop is promising news, Piscatelli notes that it still points to the difficulty of economic recovery. New Haven’s unemployment rates are still significantly higher than the rest of the country. Research has shown that the recent signs of economic recovery have been driven by hiring in certain sectors including manufacturing, health care, education among others – which is encouraging for other sectors to follow.
Jobs in our state and communities are needed, and policies and efforts that encourage those types of economic growth are exactly what is needed to help stimulate us in these times.
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