Overall unemployment rate moved down to 6.1% with the biggest shift in Restaurants & Hotels, which lost 300 roles, based on the most recently available information published in December 2021.
Total employment in the Pittsfield, MA market rose by 8 jobs in November and the unemployment rate decreased compared to the prior month by 10 bps to 6.1%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Pittsfield, MA unemployment rate is 221 bps above the national rate which is a negative sign.
- Unemployment in the market is 250 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in November versus prior month by -3.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.5%. Key sectors include:
- Education & Healthcare: 8,200; no change
- Transportation & Utilities: 6,500; +100
- Government: 5,500; +100
- Restaurants & Hotels: 4,600; -300
- Business Services: 4,200; no change
- Manufacturing: 2,800; no change
- Construction, Mining: 2,100; -100
- Financial Services: 1,800; no change
- Other Jobs: 1,300; no change
- IT & Development: 700; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.