Business & Tech

Milford Unemployment Rate Moves Up to 6.2 Percent

The city's local unemployment rate took a small tick up in January, after sitting steady at 6 percent the previous two months.

After sitting steady late last year, Milford's local unemployment rate shifted up slightly at the start of 2014. 

According to the latest figures recently released by the Connecticut Department of Labor, Milford's unemployment in January was 6.2 percent. 

In December and November, the city's unemployment rate sat at 6 percent, it's lowest level of last year. And it was at 6.1 percent in October.

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Local Labor Force Increase

Additionally, the state's figures also showed the labor force in Milford increased slightly from 29,433 in December to 29,500 workers in January. 

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The town's highest reported unemployment rate over the last several months was in February 2013, when 7.7 percent of Milford's labor force reported they were out of work.

State, National Unemployment Rate

In Connecticut, the pool of jobless people jumped up to 7.2 percent in January from 6.8 percent overall in December. Nationally, the United State's unemployment rate for the same time period is 6.6 percent.

A PDF of the state's January unemployment report for all towns and cities in Connecticut is shared above along with this post.


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