October 2010 – Technology workers in Connecticut are not better off than other occupations during these difficult times. The IT job market in the state remains flat after some promising growth at after some promising growth at the beginning of the year. Employers posted a few more opportunities (up 4.3%) in September, only to recover from the drop in August. This is in stark contrast to stocks rallying in September where the market posted its best result since 1939. The underlying news was that the economy is growing, but slowly.
This report is getting stale: This report seems to fit in with national trends. According to the U.S. Department of Labor, the employment change in the information industry as a whole remained relatively flat in June. Similarly, the unemployment rate stayed fairly stable, seeing a modest decrease down to 9.5%. As a state, Connecticut unemployment also remained flat at 8.8% in June. This rate was 8.9% in May.