All About the New Haven County CT job market
New Haven, a large county of 825,000, is home to the large cities of New Haven and Waterbury. New Haven County is home to many top-level educational institutions including Yale University, Southern Connecticut State University, and Quinnipiac University. The county currently has a college student population of over 55,000.
New Haven County’s unemployment rate is at 4.8%, which is slightly above the CT average of 4.3%. As far as industry employment goes, the majority of males are in the construction industry, and women are most likely to be involved in the healthcare or education fields. 83% of New Haven County’s residents over 25 have a high school diploma, and 27% of them have a bachelor’s degree. This means that there are lots of jobs to go around – just check out New Haven County Jobs
to see all that abound in the area.
According to the New Haven Register, the labor force decreased in size in about 2,000 people from April to May 2008, an indicator of an economic downturn. Jobs also dropped by 400 over the course of this year. Donald Klepper-Smith, chief economist at DataCore Partners LLC in New Haven, made the point that the cost of living in New Haven is less than neighboring counties and that “New Haven is ripe with amenities: access to ports, proximity to New York and Boston, and a good mix of arts and culture with professional opportunities through education, science, health care and biotechnology.” According to the U.S. Department of Labor, average hourly earnings rose 6 cents from last month.
Some industries reporting growth in the area are:
1. real estate
5. Educational services
Although indicators may point to a downward trend for jobs in New Haven County
, there are still a lot of opportunities out there for those with the proper skill sets in their industry.
Labels: job market, new haven