A recent report on the Connecticut economy noted that while the state remains tops in per capita income, there has been no real job growth for the past 15 years. Insurance employment in the state reached a high of 84,600 in 1991 but was down to 67,600 last year. The Connecticut Economic Resource Center urged the state to be more creative at luring jobs to its businesses including the insurance sector. It followed another study from the Federal Deposit Insurance Corp. that ranked Connecticut last in job creation. More than two years ago, the state established an Insurance and Financial Services Cluster to coordinate efforts at attracting new insurance jobs and providing employment training.
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