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
The August 2018 unemployment rate for Connecticut is estimated at 4.3% (seasonally adjusted), down one-tenth of a point from July 2018 and down two-tenths of a percentage point from a year ago when it was 4.5%. The US jobless rate in August 2018 was 3.9%, unchanged from July 2018.
Source: Connecticut Department of Labor, September 2018
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
577,300 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 July 2018
(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 Bushnell Park, 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 Hartford Yard Goats, 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 of Global Business Development
31 Pratt Street, 5th Floor
Hartford, CT 06103, USA