Please do not leave this page until complete. This can take a few moments.
The Greater Worcester region saw an 0.8-percentage-point increase in its unemployment rate to 5.0% in January.
The region, which includes Worcester County and Windham County, Conn., increased from 4.2% in December to 5.0% in January, according to a Friday data release from the U.S. Bureau of Labor Statistics. The rate is 2.6 percentage points lower than it was in January 2021.
Greater Worcester’s unemployment was higher than both the statewide average in January, which was 4.8%, and the nationwide average, which was 4.4%.
Almost 3,100 more individuals in the Worcester area were unemployed in January than there were in December. The civilian labor force also dropped 1,000 people from December to January, but was still about 2,500 higher than a year ago.
December’s unemployment rate was adjusted by BLS to be higher than was originally reported. BLS first reported a 3.6% unemployment rate in Greater Worcester for December, but it was adjusted up to 4.2%. Even with the adjustment, December had the lowest unemployment rate since the coronavirus pandemic began.
Of the sectors measured by BLS, leisure and hospitality has had the greatest growth in employment with a nearly 24% increase in jobs. Professional and business services had an 11.3% growth over the year.
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