Overall unemployment rate stayed flat at 4.2% with the biggest shift in Government, which lost 1,800 roles, based on the most recently available information published in August 2022.

Total employment in the Springfield, MA-CT market declined by 1,839 jobs in July and the unemployment rate stayed flat. The national unemployment rate decreased by 5 bps over the same time to 3.8%.

  • Springfield, MA-CT unemployment rate is 42 bps above the national rate which is a negative sign.
  • Unemployment in the market is 270 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in July versus prior month by 3.6% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Springfield, MA-CT Unemployment July 2022

For key employment segments of the market, total jobs declined by -0.5%. Key sectors include:

  • Education & Healthcare: 83,300; +400
  • Government: 61,100; -1,800
  • Transportation & Utilities: 58,200; -1,400
  • Restaurants & Hotels: 35,400; +900
  • Manufacturing: 29,600; +300
  • Business Services: 25,900; -300
  • Financial Services: 14,800; +100
  • Construction, Mining: 12,900; no change
  • Other Jobs: 12,200; +200
  • IT & Development: 2,800; no change
Springfield, MA-CT Unemployment by Industry July 2022

Data is based on the most recent 12 months available, through July 2022 (Data published August 2022 and reports created on September 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.