Overall unemployment rate moved up to 6.0% with the biggest shift in Transportation & Utilities, which lost 500 roles, based on the most recently available information published in March 2022.
Total employment in the Leominster-Gardner, MA market declined by 381 jobs in January and the unemployment rate increased compared to the prior month by 180 bps to 6.0%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Leominster-Gardner, MA unemployment rate is 157 bps above the national rate which is a negative sign.
- Unemployment in the market is 260 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 4.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.9%. Key sectors include:
- Education & Healthcare: 11,200; -100
- Transportation & Utilities: 10,100; -500
- Government: 8,400; -500
- Manufacturing: 6,500; no change
- Restaurants & Hotels: 5,200; -100
- Business Services: 3,500; -100
- Construction, Mining: 2,100; -200
- Other Jobs: 1,600; no change
- Financial Services: 1,500; no change
- IT & Development: 200; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.