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Unemployment rates goes up in CT

Updated: Thursday, 18 Dec 2008, 6:06 PM EST
Published : Thursday, 18 Dec 2008, 5:48 PM EST

Hartford (WTNH) - Another 5,000 residents filed for unemployment during November. That brings the state unemployment rate up another notch to 6.6 percent.

There's an old saying that a recession is when you know someone who has lost their job. A depression is when you lose your job. And in Connecticut, more and more people every month are in a depression.

The two call-in centers, run by the State Department of Labor, continue to go non-stop from 7:45 a.m. to 6 p.m. daily, as the number of people in Connecticut collecting unemployment now stands at 126,300. In turn, it's 51,000 more than the previous month.

The 6.6 percent rate is expected to climb every month until at least next summer because most of the job losses we are reporting this week won't show up in the numbers for weeks and, in some cases, months.

"Many of the employees, that were let go, in some of the manufacturing operations and Aetna also have severance pay," John Tirizonie, a Department of Labor Economist, said. "And depending on how the severance pay is delivered, that may take one month, two months or even three months before it starts to show up in the unemployment figures."

The projection is for the state unemployment rate to reach 7 percent by summer.

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