Danbury Daily Voice

Follow Like

Economists: Unemployment Rate Decline In Connecticut Due To Low Labor Force

The falling unemployment rate may be due to people withdrawing from the labor force.
The falling unemployment rate may be due to people withdrawing from the labor force. Photo Credit: File

FAIRFIELD COUNTY, Conn. -- Some economists are saying that the reason for Connecticut's encouraging downward trend in its unemployment rate is that people have stopped looking for work and are leaving the labor force, according to a story at NPR.

Fred Carstensen, director of the Connecticut Center for Economic Analysis, says the unemployment rate would be much higher in the state if historical labor force numbers were applied, according to the article.

Carstensen also said the number of jobs Connecticut has gained is still outweighed by how many it lost during the recession, the article said.

Read the full NPR report here .