Overall unemployment rate moved down to 5.7% with the biggest shift in Restaurants & Hotels, which gained 900 roles, based on the most recently available information published in September 2021.
Total employment in the Worcester, MA-CT market rose by 1,875 jobs in August and the unemployment rate decreased compared to the prior month by 30 bps to 5.7%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Worcester, MA-CT unemployment rate is 41 bps above the national rate which is a negative sign.
- Unemployment in the market is 310 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 3.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Education & Healthcare: 64,600; -700
- Transportation & Utilities: 52,200; -200
- Government: 40,100; +200
- Business Services: 28,400; +100
- Manufacturing: 26,400; no change
- Restaurants & Hotels: 24,600; +900
- Financial Services: 13,800; no change
- Construction, Mining: 12,500; +100
- Other Jobs: 9,200; +100
- IT & Development: 2,900; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.