Please do not leave this page until complete. This can take a few moments.
Central Massachusetts has experienced a decrease in unemployment rates from February to March as the four local metropolitan areas reported on by the Massachusetts Executive Office of Labor and Workforce Development all saw drops.
Greater Worcester saw the largest decrease in the unemployment rate to 3.6%, from the 3.9% rate in February, according to U.S. Bureau of Labor Statistics data highlighted in a press release from the EOLWD on Tuesday. The metro area’s unemployment rate was 3.9% in March 2023.
Greater Framingham had the lowest rate of unemployment amongst the four Central Massachusetts metropolitan areas, with a 3.1% rate in March. This is a drop from February's 3.2% rate and the same rate from March 2023.
In the Leominster-Gardner region, March saw a 0.2 percentage point decrease from the month prior to 4.1% rate in March. Both 2024 months had smaller percentages of unemployment compared to March 2023, which had a 4.5% unemployment rate.
The Athol region experienced the largest drop in unemployment rates compared to March 2023. In March 2024, the unemployment rate was 3.9% in March while February showed a 4.0% unemployment rate. Both rates reflected a 0.7 percentage point and 0.6 percentage point decrease respectively compared to March 2023 which had a 4.6% unemployment rate.
All four areas of Worcester, Framingham, Leominster-Gardner, and Athol reflected higher rates of unemployment when compared to the overall Massachusetts rate of 2.9%, but March’s figures for Worcester and Framingham were still lower than the national rate of 3.8%.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments