Overall unemployment rate moved down to 4.4% with the biggest shift in Restaurants & Hotels, which gained 700 roles, based on the most recently available information published in April 2022.

Total employment in the Springfield, MA-CT market rose by 3,981 jobs in March and the unemployment rate decreased compared to the prior month by 60 bps to 4.4%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.

  • Springfield, MA-CT unemployment rate is 65 bps above the national rate which is a negative sign.
  • Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in March versus prior month by 0.2% 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 March 2022

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

  • Education & Healthcare: 84,100; -200
  • Government: 64,500; +500
  • Transportation & Utilities: 58,900; +100
  • Restaurants & Hotels: 29,800; +700
  • Manufacturing: 29,100; no change
  • Business Services: 24,900; +400
  • Financial Services: 14,500; no change
  • Other Jobs: 11,700; no change
  • Construction, Mining: 11,500; +100
  • IT & Development: 2,800; no change
Springfield, MA-CT Unemployment by Industry March 2022

Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.