Overall unemployment rate moved down to 4.8% with the biggest shift in Manufacturing, which lost 100 roles, based on the most recently available information published in May 2023.
Total employment in the Leominster-Gardner, MA market declined by 455 jobs in March and the unemployment rate decreased compared to the prior month by 40 bps to 4.8%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Leominster-Gardner, MA unemployment rate is 118 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 5.7% 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: 11,500; +100
- Transportation & Utilities: 9,900; -100
- Government: 9,600; +100
- Manufacturing: 6,600; -100
- Restaurants & Hotels: 5,300; no change
- Business Services: 3,500; no change
- Construction, Mining: 2,200; +100
- Other Jobs: 1,700; no change
- Financial Services: 1,500; no change
- IT & Development: 200; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.