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The Real Deal: Industry and job trends in Connecticut

The unemployment rate in Connecticut is 4.4%, which is a little higher than the national average, Investopedia's Caleb Silver says.

Rose Shannon

Jul 5, 2024, 2:59 PM

Updated 159 days ago

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Several industries in Connecticut are seeing job growth including transportation, accommodations, academia and wholesale merchandise.
However, the unemployment rate in Connecticut is 4.4%, which is a little higher than the national average, Investopedia's Caleb Silver says.
"There's job growth, but we do see a higher uptick in unemployment," says Silver.
For people looking for a job, Silver tells News 12 wages have risen 7.4% year over year for seasonal summer jobs at hotels, restaurants and bars, averaging $24 an hour.