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Unemployment in the Framingham area fell significantly in August, with the local area rate dropping by 1.6 percentage points compared to the same month the year before.
The unemployment rate for the Framingham metropolitan division was 2.8% in August, up slightly from 2.7% in July but down from 4.4% in August 2021, according to data released Tuesday by the U.S. Bureau of Labor Statistics.
There were 158,272 members of the labor force in the Framingham area last month, down a tiny bit from 158,565 the year before. Employment hit 153,870, up from 151,618 the same month last year.
Statewide, the August unemployment rate was 3.5%, down from 5.4% in August 2021. The Massachusetts labor force was 3,775,122 in August, a decrease from 3,793,118 last year.
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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.
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