Overall unemployment rate moved down to 3.5% with the biggest shift in Education & Healthcare, which gained 100 roles, based on the most recently available information published in December 2022.
Total employment in the Leominster-Gardner, MA market rose by 1,097 jobs in October and the unemployment rate decreased compared to the prior month by 10 bps to 3.5%. The national unemployment rate increased by 8 bps over the same time to 3.4%.
- Leominster-Gardner, MA unemployment rate is 10 bps above the national rate which is a negative sign.
- Unemployment in the market is 170 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 0.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Education & Healthcare: 11,200; +100
- Transportation & Utilities: 10,400; +100
Data is based on the most recent 12 months available, through October 2022 (Data published December 2022 and reports created on December 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.