"There is no jobs recovery in sight. Assuming national growth trails off from the unsustainable 5.7% of the fourth quarter, Connecticut continues to lose jobs through 2011. The rate of loss simply slows from the predicted rate in the previous CCEA Outlook.
The state’s economy has undergone a critical structural change as the degree of outsourcing—whether to other states or abroad—has grown quickly for more than a decade. The result is that even strong growth in total output may not translate into rapid improvement in employment. The effect shows in a pattern of progressively slowed jobs recovery. Before 1990, Connecticut’s economy recovered jobs lost in recessions in ten months or less; recovery took 23 months and then 39 months in the last two recessions."
Connecticut Economic Analyis
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