A Highly Skilled & Motivated Workforce
Connecticut ranks third in the nation for advanced degrees. 34.9% of residents in the Hartford County Metropolitan Statistical Area have at least a Bachelor’s degree.
Sources: Connecticut Department of Economic and Community Development (DECD); American FactFinder, census.gov
The workforce is not only highly educated, but industrious –
ranking #5 in the U.S. for productivity. If Connecticut were a
country, it would be the sixth-most productive in the world.
Source: “The Connecticut Economic Review” 2017
Connecticut’s unemployment rate was 4.8% in March 2017.
Overall employment growth has been dampened by the
government sector. Private sector employment has fared
significantly better having recovered 94% of the jobs lost
during the downturn.
Source: Connecticut Department of Labor, May 2017
A Strategic Location
The Hub of the Northeast
More than 23.5 million people live within a 2-hour drive of Hartford. Within 200 miles, you will find:
• 21 million jobs
• 2 million companies
• 13% of the U.S. economy
• 66% of the Canadian economy
An estimated 33% of U.S. and 68% of Canadian residents and consumers are within a day’s drive of New England’s Knowledge Corridor (see map). The Corridor stretches from Springfield, Mass. to New Haven, Conn. and is home to 41 colleges and universities and 215,000 students.
The Hartford Region's extensive transportation network includes major interstates, an international airport, easy access to rail service, and regional bus and Bus Rapid Transit service.
• Hydrogen and Fuel Cell Technology
• Insurance and Financial Services
• Laser and Precision Manufacturing
• Healthcare, Biotech and Medical Devices
Sources: “The Connecticut Advantage,” Connecticut DECD; New England’s Knowledge Corridor
Employment by Industry
567,800 workers are employed in a variety of industries in the Hartford Labor Market Area.
Source: Hartford Labor Market Area (73450) current employment statistics as of May 2017
(not seasonally adjusted), Connecticut Department of Labor
Exceptional Quality of Life
The Hartford Region holds more than 150 local arts, cultural and heritage organizations including the Wadsworth Atheneum and the New Britain Museum of American Art; the Tony Award−winning Hartford Stage; the Mark Twain House and Harriet Beecher Stowe Center; and America’s first public park. We are home to nationally ranked high schools and colleges. Our scenic countryside includes nature preserves, hiking and biking trails, vineyards and seasonal farmstands. Local athletics include the UConn Huskies and the Travelers Championship PGA Tour golf tournament.
For More Information
The MetroHartford Alliance offers site location assistance, market research, demographic and market data, economic development programs and incentives, business advocacy, a liaison between business & government, and an International Business Center. Find out how we can help you today. Click here to view and download this page as a PDF.
Rebecca A. Nolan
Vice President, Business Development
31 Pratt Street, 5th Floor
Hartford, CT 06103, USA