The U.S. economy put in a surprisingly strong showing in in January, adding 517,000 new jobs despite layoffs in tech firms, on Wall Street and in the mortgage industry. And while experts say it’s a sign the country is on a path to a “soft landing” from 2022’s tumultuous inflation, it could push mortgage rates up.
Hartford is ranked the fifth best city for jobs in the country, according to Glassdoor’s newest jobs report. Glassdoor analyzed hiring opportunity, cost of living and job satisfaction to determine the rankings.
Research and advisory company Garter Inc. will expand its Stamford global headquarters, signing a lease for more space at 700 Fairfield Ave. Gov. Dannel P. Malloy said in a statement that the growth will add 400 new jobs to Stamford over the next five years.
The U.S. audit, tax and advisory firm KPMG LLP signed a long-term lease and plans to renovate space for a new office in Stamford.
A new report shows that Connecticut has gained more than 4,000 jobs while its unemployment rate remained the same.
United Technologies plans to hire 35,000 people and invest more than $15 billion in the U.S. over the next five years.
Preliminary figures show Connecticut lost 2,000 jobs in March, a drop that’s partly being blamed on the recent bad weather.
The number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week amid a surge in applications in hurricane-ravaged Texas, but the underlying trend remained consistent with a firming jobs market.
U.S. employers hired more workers than expected in July and raised their wages – signs of labor market tightness that likely clears the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio.
The overall economic growth of New England in 2016 mirrored that of the U.S., according to a presentation by the New England Economic Partnership (NEEP) at its annual Economic Outlook Conference, held yesterday at the Federal Reserve Bank of Boston.
Connecticut added 2,100 jobs last month and the unemployment rate fell four-tenths of a percentage point to 4.7 percent – the lowest level the state has seen since October 2007, according to the Department of Labor.
Preliminary figures show Connecticut shed 7,200 jobs in October, marking the fourth consecutive monthly job loss.
Connecticut lost 1,400 jobs in May 2016, dropping to a total of 1,688,100, according to the Connecticut Department of Labor.
