Connecticut Q2, 2019 Employment Statistics

  • 123,044 employers, up 2.0% from 120,597
  • 1,678,922 employees, down 0.3% from 1,673,880
  • $1,266 average weekly wage, up 3.9% from $1,219
  • The average weekly wage is 15.6% above the national average
  • The cost of living is 27.7% above the national average

Employer & Employee Growth

In the last year, the number of employers in the state increased by 2,447, which is an increase of 2.0%. The number of employees in Connecticut declined by 5,042, a decline of 0.3%. During this same period, the average weekly wage increased by $47, an increase of 3.9%.

The number of private employers increased since last years' Q1. The number of private businesses increased by 2,477 or 2.1%. Growth in private businesses in Connecticut grew slower than the national average of 2.9%. The number of employees in these businesses decreased since last years' Q1, declining by 4,206 or 0.3%. The growth in employees of private businesses in Connecticut was slower than the national average of 1.4%.

The average weekly wage of employees of private businesses increased since last years' Q1. The averge weekly wage increased by $51 or 4.2%. Growth in average weekly wage of employees of private businesses in Connecticut grew faster than the national average of 3.8%.


Leading Sectors

Businesses by Sector

The sector with the greatest number of businesses in the state is Other services with 14.7% of the businesses in the state. The number of businesses in this sector increased by 4.0%. Professional services (11.7%), which increased by 2.1% and Retail trade (10.2%), which increased by 0.1%, round out the 3 largest sectors.

Table: Sectors by Year-over-Year Qtly Business Change %
SectorChange Biz% Change
Information2109.3%
Utilities96.1%
Company management624.8%
Educational services884.6%
Arts and entertainment754.0%
Other services7034.0%
Real estate and rental1173.2%
Accommodation and food services2412.8%
Healthcare2952.7%
Transport and warehousing562.7%
Professional services2952.1%
Waste services1191.5%
Construction921.0%
Finance and insurance570.8%
Agriculture and forestry30.8%
Manufacturing90.2%
Retail trade180.1%
Wholesale trade-62-0.6%
Mining and oil extraction-1-1.9%


Employees by Sector

The sector with the greatest number of employees in the state is Healthcare with 16.1% of the employees in the state, had an increase in employees of 0.6% in the last year. Retail trade (10.4%), decreased by 3.0% and Manufacturing (9.7%), increased by 1.1%, round out the top 3 sectors.

Table: Sectors by Year-over-Year Qtly Employee Change %
SectorEmployee Change% Change
Construction1,6372.8%
Educational services1,1031.9%
Arts and entertainment4831.7%
Transport and warehousing6271.4%
Manufacturing1,7151.1%
Real estate and rental2111.0%
Mining and oil extraction40.8%
Healthcare1,6630.6%
Accommodation and food services6230.5%
Agriculture and forestry220.5%
Utilities-21-0.4%
Professional services-588-0.6%
Other services-451-0.7%
Information-301-1.0%
Waste services-1,016-1.1%
Company management-691-2.0%
Finance and insurance-2,166-2.1%
Wholesale trade-1,591-2.6%
Retail trade-5,504-3.0%


Average Weekly Wage by Sector

The sector that pays their employees the highest is Finance and insurance paying $2,745per week compared with the state average of $1,262. Weekly wages in this sector rose by $134 or 5.1%. Company management ($2,702), rose by $177 or 7.0% and Utilities ($2,312) increased by $3 or 0.1% round out the 3 largest sectors.

Table: Sectors by Year-over-Year Weekly Wage Change %
SectorWage ChangeChange %
Information$22512.0%
Waste services$778.9%
Company management$1777.0%
Finance and insurance$1345.1%
Professional services$874.6%
Manufacturing$674.5%
Real estate and rental$484.1%
Transport and warehousing$374.0%
Construction$513.9%
Educational services$413.2%
Other services$203.1%
Accommodation and food services$133.0%
Retail trade$192.9%
Agriculture and forestry$182.6%
Wholesale trade$362.1%
Healthcare$212.1%
Mining and oil extraction$201.5%
Arts and entertainment$81.5%
Utilities$30.1%


Leading Industries

Businesses by Industry

Each broad sector is made up of specific industries. In Connecticut. the industry with the most businesses is Private households with 7.7% of the businesses in the state (with 9,450 employing 14,109 workers). The Private households industry had 626 more businesses, an increase of 7.1% in the last year. Restaurants and other eating places (6.1% of businesses) added 187 businesses, an increase of 2.6% and Wholesale trade agents and brokers (3.2% of businesses) had 634 fewer businesses, a decline of 14.0% round out the 3 industries with the most businesses.

Table: Top 7 Industries by Business Change %
IndustryBusiness Chg% Change
Data processing hosting and related services12660.6%
Natural gas distribution1058.8%
Office equipment merchant wholesalers4455.7%
Marine cargo handling150.0%
Cut and sew apparel contractors133.3%
Breweries1933.3%
Dairy product except frozen manufacturing333.3%


Table: Top 7 Industries by Business Change #
IndustryBusiness Chg% Change
Private households6267.1%
Restaurants and other eating places1872.6%
Data processing hosting and related services12660.6%
Offices of physicians973.6%
Medical equipment merchant wholesalers9224.4%
Computer systems design and related services922.5%
Landscaping services863.7%


Employees by Industry

Restaurants and other eating places (6.1% of employees) added 187 employees, an increase of 2.6% and Wholesale trade agents and brokers (3.2% ofemployees) had 634 fewer employees, a decline of 14.0% round out the 3 industries with the most employees.

Table: Top 7 Industries by Employee Change %
IndustryEmp Chg% Change
All other animal production23113.5%
Local messengers and local delivery39267.1%
Construction machinery manufacturing2245.4%
Mobile food services5943.9%
All other food manufacturing5333.7%
Facilities support services3833.2%
Food crops grown under cover4932.3%


Table: Top 7 Industries by Employee Change #
IndustryEmp Chg% Change
Aerospace product and parts manufacturing1,3234.4%
Management consulting services1,30612.3%
Restaurants and other eating places8310.8%
Offices of physicians7372.1%
Couriers and express delivery services73510.7%
General medical and surgical hospitals5671.1%
School and employee bus transportation5627.8%


Average Weekly Wage by Industry

The industry that pays their employees the most is Commodity contracts brokerage, paying $6,325 compared with the state average of $1,262. Employees in the Commodity contracts brokerage industry were paid $2,216 more per week, an increase of 53.9% in the last year. Portfolio management ($5,225) and Miscellaneous intermediation ($5,139) round out the top 3 industries. Employees in the Portfolio management ($5,225 per week) were paid $468 more per week, an increase of 9.8% and Miscellaneous intermediation ($5,139 per week) were paid $1,125 more per week, an increase of 28.0% round out the 3 industries that pay their employees the most.

Table: Top 7 Industries by Wage Change %
IndustryWkly Chg% Change
Record production and distribution$22269.2%
Commodity contracts brokerage$2,21653.9%
Appliance and electronics merchant whls.$74948.8%
All other information services$86640.4%
Tobacco and tobacco product merch. whls.$81639.5%
Lighting fixture manufacturing$52132.3%
Language schools$5332.3%


Table: Top 7 Industries by Wage Change $
IndustryWkly Chg% Change
Commodity contracts brokerage$2,21653.9%
Miscellaneous intermediation$1,12528.0%
All other information services$86640.4%
Tobacco and tobacco product merch. whls.$81639.5%
Appliance and electronics merchant whls.$74948.8%
Office administrative services$61431.5%
All other professional and technical services$57827.8%


Company Size

Connecticut Businesses by Size

The solopreneur company, has the most businesses in Connecticut by far. 63.3% of all businesses in the state have fewer than 5 employees. The 114,208 small businesses in the state represent 95.9% of all private businesses. The national average is 92.4%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) Connecticut added 2,702 businesses in the last year, an increase of 2.3% as compared to the national average of 3.0%.

Small businesses are defined as companies with fewer than 50 employees. These small businesses added 2,698 businesses in the last year, which is an increase of 2.4% as compared to the national average of 3.1%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. These mid-sized businesses added 7 businesses in the last year, which is an increase of 0.1% as compared to the national average of 1.3%.

Large businesses are defined as companies with more than 500 employees. These large businesses declined 3 businesses in the last year, which is a decrease of 1.8% as compared to the national average of 2.1%.



Connecticut Employees by Business Size

Connecticut added -1,643 employees in the last year, an increase of -0.1% as compared to the national average of 5.2%. Small businesses are defined as companies with fewer than 50 employees. These small businesses added -14,722 businesses in the last year, which is an increase of -11.4% as compared to the national average of 4.2%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. Mid-sized businesses added 12,727 employees in the last year, which is an increase of 2.4% as compared to the national average of 4.7%.

Large businesses are defined as companies with more than 500 employees. Large businesses added 352 employees in the last year, which is an increase of 0.2% as compared to the national average of 9.2%.

Connecticut Avg Weekly Wages by Business Size

The smallest companies in Connecticut (those with fewer than 5 employees) pay workers 24.3% more than the national average ($1,327 per week as compared to the national average of $1,005 per week). The largest companies in Connecticut (those with more than 1,000 employees) pay 15.5% workers above the national average ($2,264 per week as compared to the national average of $1,913 per week).

Average weekly wages in small businesses declined $204 per week in the last year, which is a decrease of 4.5% as compared to the national average of 3.1%. Employees of mid-sized businesses added $209 in wages per week in the last year, which is an increase of 4.7% as compared to the national average of 1.3%.

Employees of large businesses added $5 of weekly wages in the last year, which is an increase of 0.1% as compared to the national average of 2.1%.

Top Industries for Business and Employment

The table below illustrates the largest industries in the state, by number of businesses:

Table: Top 10 Industries by # of Businesses
Industry# Businesses% Change
Private households9,4507.1%
Restaurants and other eating places7,4462.6%
Wholesale trade agents and brokers3,885-14.0%
Computer systems design and related services3,7612.5%
Offices of physicians2,7983.6%
Landscaping services2,3903.7%
Offices of lawyers2,248-1.0%
Management consulting services2,1751.6%
Hair nail and skin care services2,0751.5%
Residential building construction1,9521.5%


The table below illustrates the largest industries in the state, by number of employees:

Table: Top 10 Industries by # of Employees
Industry# Employees% Change
Restaurants and other eating places106,9120.8%
General medical and surgical hospitals55,3711.1%
Offices of physicians35,4822.1%
Supermarkets and other grocery stores35,237-1.8%
Management of companies and enterprises33,008-2.0%
Nursing care facilities skilled nursing32,996-2.8%
Aerospace product and parts manufacturing31,7604.4%
Colleges and universities31,0311.7%
Direct life and health insurance carriers29,410-2.3%
Temporary help services25,437-6.6%


The table below illustrates the largest industries in the state, by highest wages:

Table: Top 10 Industries by Weekly Wage
IndustryWkly Wages% Change
Commodity contracts brokerage$6,32553.9%
Portfolio management$5,2259.8%
Miscellaneous intermediation$5,13928.0%
Sales financing$4,9318.2%
Investment banking and securities dealing$4,810-0.6%
Commodity contracts dealing$4,535-1.9%
Securities brokerage$4,212-12.5%
All other financial investment activities$4,068-7.8%
Professional employer organizations$4,066-5.3%
Investment advice$3,4259.3%




Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.