Dashboards

E nter the CERC Dashboards and view the Snapshot Dashboard (note: longer load time on initial view).

The CERC Dashboards are an interactive, web-based tool that provides a unique and critical perspective on Connecticut’s competitive performance. The graphics presented in the Dashboards use both well-established and newly developed and compiled measures to benchmark the state’s current conditions and its growth in a number of critical categories.

Some of the exciting features of this new product by CERC include:

Different data items shown on the same web page that highlight interactions among variables.
Graphics that quickly present general trends as well as highlight recent critical changes.
Different presentations of the same data to provide a clearer understanding of the issues.

CERC and Monster Release Real Time Labor Market Data
The Connecticut Monster Employment Index, created in collaboration with CERC, is a monthly gauge of online job demand based on a real-time review of millions of employer job opportunities culled from a large representative selection of career web sites and online job listings.

The January 2012 index for Connecticut shows:

The January 2012’s Monster Employment Index, analyzed by the Connecticut Economic Resource Center, Inc. (CERC), had the largest drop from the previous month since January 2009. This was true for the U.S., New England and Connecticut. However, in the past 12 months the Connecticut index has grown by 7 percent, which is 2 percentage points ahead of New England but 2 percentage points behind the U.S. index. This downturn in the Index shows a decrease in the willingness of firms to offer future job opportunities, most likely a result of post-holiday retail trends.

Connecticut’s Monster online jobs index declined by 9 points from 125 to 116 between December 2011 and January 2012. During the same time period, New England declined by 8 (from 124 to 116) and the U.S. declined by 7 (from 140 to 133).

Despite the drop, Connecticut’s index is still 8 percentage points higher than it was a year ago. Both New England and the U.S. are also higher (6 and 11 percent respectively.)

Connecticut has increased by 19 percent since July 2009, the lowest point observed in the index. This percent increase matches the percent increase for the U.S. and exceeds the percent increase observed for New England by 5 percent.

The rebased index introduced last month (based on the change from January 2008) shows Connecticut at 81 percent of its January measure. This rebased index shows Connecticut to be performing about 10 percent better than New England since January 2008 and 2 percent below the nation.*

The Monster Employment Index is a monthly gauge of online job demand based on a real-time review of millions of employer job opportunities culled from a large representative selection of career web sites and online job listings. The Index is a leading indicator showing the willingness of firms to offer job opportunities; more opportunities assume additional job hires in the future.

CERC is partnering with Monster Government Solutions, a subsidiary of Monster Worldwide, to offer exclusive, real time Connecticut labor market data on a month-to-month basis. Visit the online, interactive CERC/Monster Employment Index Dashboard

* The rebased Dashboard Monster index can be observed by clicking on any one of the three lines in the trend line Dashboard. In the rebased Dashboard each of the three indices are set equal to 100 in January 2008. To return to the original trend index chart, click the reverse arrow in the bottom left of the trend chart.

CERC Dashboards News

2/7/2012, January Employment Index Shows Post-Holiday Decline