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Download July 2011 CT Economic Digest PDF - Connecticut

Download July 2011 CT Economic Digest PDF - Connecticut-2025

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The July 2011 issue of The Connecticut Economic Digest provides an overview of the state's economic conditions, focusing on the housing market's slow recovery, youth employment challenges, and various economic indicators. It highlights a modest increase in housing permits but ongoing issues with high unemployment rates, particularly among youth. The document includes detailed statistics on employment trends, labor force data, and regional comparisons, emphasizing the fragile state of Connecticut's economy amidst national economic challenges.

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How much unemployment will I get if I make $1000 a week in CT?

If you make $1000 per week in Connecticut, your estimated weekly benefit is $778 for up to 26 weeks. If you make $1500 per week in Connecticut, your estimated weekly benefit is $778 for up to 26 weeks. If you make $2000 per week in Connecticut, your estimated weekly benefit is $778 for up to 26 weeks.

How is the job market in Connecticut?

Connecticuts unemployment rate has been below 4% for three years, said Patrick Flaherty, Director of the Office of Research at the Connecticut Department of Labor. While job growth has slowed from the frenetic pace following the COVID lockdown, many industries are growing.

Is CT unemployment down?

While the national unemployment rate rose slightly to 4.3%, Connecticuts unemployment rate remains low and unchanged at 3.8%.

What is the unemployment rate in Connecticut right now?

Connecticuts unemployment rate, meanwhile, remained at 3.8% for the fourth month in a row.

Whats the problem with unemployment?

On an economic level, high unemployment rates reduce consumer spending, a key driver of economic growth. With fewer people earning wages, theres a decrease in the demand for goods and services, which can lead to a cycle of reduced production, further layoffs, and economic stagnation.

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