Targeted Employment Area: New London County, Connecticut

Created on 5/29/2017 2:01:35 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2014 unemployment averages for New London County on April 21, 2015.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for New London County Connecticut and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, New London County, Connecticut to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then New London County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in New London County may not be granted a designation letter -- or depending on project type, target areas, and Connecticut requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

New London County Connecticut Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 09011 223,557 144,999 132,990 12,009 8.3% Yes
BLS 09011 n/a 136,592 129,714 6,878 5% No

Supporting EB-5 Regional Centers

Sorry, we do not have any record of an EB-5 Regional Centers supporting this area; however, please contact us and we'll get you the assistance you need.

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