The state’s largest business organization issued the following response to today’s release of the May 2025 employment report.
“May’s 6,500 job decline shines a bright spotlight on the immense volatility in Connecticut’s jobs market,” said CBIA president and CEO Chris DiPentima.
“Even if we ignore the 3,000 manufacturing workers who were on strike last month, we’ve erased the modest job gains we made last year despite openings increasing to 80,000—3.9% over the previous month.
“Accounting for the strike, Connecticut’s year-over-year job growth is only 0.3%—half a point lower than national employment growth.
“Private sector average weekly earnings growth is keeping pace with national trends—3.8% year-over-year compared to 3.9% nationally.
“Connecticut average private sector weekly earnings are now $1,298.59—4.5% higher than the U.S. average.
“The stark reality of this report and the wild swings in the jobs market this year make it clear that Connecticut’s labor market struggles are holding back our economic potential.
“Key factors driving Connecticut’s stagnant economy—such as the high cost of living—went unaddressed once again by policymakers during the legislative session.
“Despite the session ending, it’s critical that public and private sector leaders work closely and identify creative, sustainable solutions for making this a more affordable and attractive place to live, work, and do business.”