Hartford, Conn. — Hedge fund growth is fueling a striking increase in the number of investment jobs in Connecticut, state officials report.
The number of jobs in Connecticut, long a magnet for the investment industry because of its proximity to New York’s financial markets, tripled between 1990 and this year, according to a recent state labor report.
Investment jobs are few, totaling 21,000 in January, compared with 7,000 in 1990, according to the Connecticut Economic Digest, published by the Department of Labor and Department of Economic andCommunity Development. Employment in Connecticut totaled 1.69 million in January, the most recent month for which statistics are available.
