When asked what they wish more businesses knew about Waterbury, citizens mentioned the strength of the workforce – and the potential for growth – as top items.
YOUNG PROFESSIONALS IN WATERBURY
37.5% of the population is between 19-44 years old, and the median age is 35.2 years – a demographic makeup highlighted by hundreds of young professionals who are working, or want to work, locally.
Job Opportunities in Growing Industries
The City of Waterbury maintains a diverse business environment – with significant representation from the manufacturing, healthcare, higher education, financial services, utilities and retail industries. Each offers employment opportunities for local citizens, with training and professional advancement programs.
Career Connections for Waterbury Students
Many businesses in the region are providing Waterbury students critical job shadowing, mentoring, internships and opportunities for full-time employment. Higher education institutions have also built innovative career pathways: Waterbury Public Schools students can graduate with Associate’s degrees from Post University and Naugatuck Valley Community College – in Accounting, Criminal Justice, Early Childhood Education, Legal Studies, Management, Manufacturing Technology and Marketing.
As Dr. Verna Ruffin, Waterbury Public Schools Superintendent, and Major Neil O'Leary look on, Post University CEO John Hopkins (far right) addresses the crowd during a press conference to announce the Early College High School partnership between Post and the public school system, February 2020.
Unemployment Rate Continues to Improve
The creation of good-paying jobs is a key component to Waterbury’s economic development strategy. Over the last eight years, the City of Waterbury has ushered in a new era of economic growth – yielding millions in new property tax revenue, grand list growth, and a reduction of the city’s unemployment rate from 14.3% in 2011, to 5.3% in 2018.