.

Hamden July Unemployment Highest of the Year

The unemployment rate rises statewide and locally.

 

July jobs figures showed a rise in unemployment throughout Connecticut, and Hamden was not spared in the bad news.

In July, the town saw the highest unemployment all year, with 9.9 percent of the population out of work, up from 8.8 percent in June and 7.9 percent in May.

“The phrase ‘worst economic downturn since the Great Depression’ is used so often, we’ve become immune to the words. But they’re true.  So, it should come as a surprise to no one that pulling the country and our state out of that downturn is hard. Really hard,” said . “But let me be clear: we are making progress, and I have every confidence we’ll continue to make progress.”

In Connecticut, the seasonally adjusted unemployment rate is 8.5 percent and the national rate is 8.3 percent.

Hamden Unemployment June July # of Unemployed People 2,942 3,304 Unemployment Rate 8.8 9.9
Ted B August 22, 2012 at 04:06 PM
This is really bad. I didn't realize that almost 10% of Hamden residents were still out of work. It's interesting to see what the economy is doing on a local level. Though it is pretty depressing. Really I'm beginning to think Obama hasn't done much in his four years, though he certainly did inherit a horrible mess. Of all the people in the country, it is depressing to think that Obama and Romney are the best the two parties could come up with.
George Levinson August 22, 2012 at 04:44 PM
The biggest employer in the town is our government and the mayor did cartwheels to protect all those jobs. The 25 workers who took the incentive were ready to retire anyway. Government workers everywhere continue to be the privileged ones. Hamden workers are more privileged than most. The taxpayers are still holding the bag. Is anyone surprised?
Beth August 22, 2012 at 09:18 PM
This recession is not getting any better. I don't know if there's anything that Obama could have done better, and perhaps he could have done much worse, but this recession was/is so serious and so deep that coming out of it is going to take years and years. I don't think locally there's much the mayor or anyone else could do about it. If they had done the layoffs, the people who retired would never have gotten laid off, it would have been the younger people making less money and it would have been more of them. At least the retirement incentive got rid of some old timers who were really enjoying some mighty nice benefits like weeks and weeks and weeks of vacation (clynes).

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »