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Wednesday, July 9, 2008

All About the New London County CT job market

From the beautiful blooming trees in the countryside of East Lyme to the town of Groton on the Thames river, New London County CT offers something for everyone. New London County has an approximate population (age 16 and up) of 210,000 people; 143,000 of which are currently employed. The unemployment rate is 4.9%. According to U.S. Census Data, the majority of New London County residents work in Management, professional, and related occupations. The smallest occupation sector is farming, fishing, and forestry, with only 288 people at work .

The following is a list of the largest industries in New London:

Educational services, and health care, and social assistance: 26,764 workers
Arts, entertainment, and recreation, and accommodation, and food services: 23,793
Manufacturing: 16,836

The smallest:
Agriculture, forestry, fishing and hunting, and mining: 479
Information: 2,700
Wholesale trade: 3,277

Mean family income is $89,934, and mean individual income is 30,124. According to the latest statistics compiled by the Eastern Connecticut Association of Realtors, the median home price in the New London County region has fallen 14% in the past year. This makes it a great time to find jobs in New London County. According to TheDay.com, John Bolduc, executive vice president of the local Realtors association, stated, “This region’s economy remains strong compared to other parts of the country.” To find New London County jobs, take a look at this great resource.

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