Please do not leave this page until complete. This can take a few moments.
Greater Worcester’s unemployment rate dropped more than one percentage point in December, hitting 3.6%. That's the lowest unemployment rate since the coronavirus pandemic struck, according to a report Wednesday from the U.S. Bureau of Labor Statistics.
December’s rate was a significant decrease from November’s rate of 4.7%. It also marks the lowest unemployment rate since BLS’s March 2020 report, which recorded a 3.4% rate before the pandemic’s economic fallout pushed it up to 14.7%.
The Greater Worcester region, which encompasses Worcester County and part of northern Connecticut, is in line with the statewide unemployment trends, as Massachusetts' jobless rate decreased from 5.2% in November to 3.9% in December.
While unemployment fell steadily through 2021, the region’s labor force still hasn’t fully bounced back to pre-pandemic levels.
Through most of 2019, the labor force teetered around 359,000 in Greater Worcester, but has remained around 350,000 throughout the last year. In December, the labor force lost nearly 4,300 individuals. With 351,457 workers in total, the labor force is roughly 8,000 people smaller than it was in February 2020, before the pandemic.
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