The Executive Office of Labor and Workforce
Development (EOLWD) released preliminary February 2015 estimates that show the Massachusetts
total unemployment rate dropped to 4.9 percent from the January rate of 5.1
percent, a 0.2 of a percentage point decrease. Over the year, the unemployment
rate fell by 1.1 percent from 6.0 percent in February 2014.
Southbridge, however, experienced little of the good
news in the report. Compared to its immediate neighbors, Southbridge
experienced chronically high unemployment.
Despite gains for the state as a whole, South-Central Massachusetts remains a trouble spot. However, no single location in all of Worcester County had a higher unemployment rate than the town of Southbridge.
The town’s unemployment rate stood at 8.5%. This
marked a decline of only 1% since March of 2014. While Sturbridge and
Brookfield had lesser declines, they started from significantly better
positions at 6.3% and 7.1% compared to Southbridge’s March 2014 position of
9.5%.
Southbridge's standing among all communities in Worcester County can be gauged from the following chart.
Southbridge's standing among all communities in Worcester County can be gauged from the following chart.
City or Town
|
Labor Force
|
Employed
|
Unemployed
|
Rate
|
Ashburnham
|
3,600
|
3,404
|
196
|
5.4
|
Athol
|
5,746
|
5,318
|
428
|
7.4
|
Auburn
|
9,439
|
8,929
|
510
|
5.4
|
Barre
|
3,015
|
2,791
|
224
|
7.4
|
Berlin
|
1,769
|
1,695
|
74
|
4.2
|
Blackstone
|
5,280
|
4,957
|
323
|
6.1
|
Bolton
|
2,856
|
2,761
|
95
|
3.3
|
Boylston
|
2,683
|
2,554
|
129
|
4.8
|
Brookfield
|
1,905
|
1,786
|
119
|
6.2
|
Charlton
|
7,877
|
7,478
|
399
|
5.1
|
Clinton
|
8,371
|
7,819
|
552
|
6.6
|
Douglas
|
5,163
|
4,921
|
242
|
4.7
|
Dudley
|
6,440
|
6,057
|
383
|
5.9
|
East Brookfield
|
1,223
|
1,150
|
73
|
6.0
|
Fitchburg
|
19,669
|
18,220
|
1,449
|
7.4
|
Gardner
|
9,722
|
9,032
|
690
|
7.1
|
Grafton
|
10,078
|
9,605
|
473
|
4.7
|
Hardwick
|
1,637
|
1,531
|
106
|
6.5
|
Harvard
|
2,677
|
2,580
|
97
|
3.6
|
Holden
|
10,076
|
9,656
|
420
|
4.2
|
Hopedale
|
3,153
|
3,005
|
148
|
4.7
|
Hubbardston
|
2,516
|
2,386
|
130
|
5.2
|
Lancaster
|
3,992
|
3,822
|
170
|
4.3
|
Leicester
|
6,810
|
6,439
|
371
|
5.4
|
Leominster
|
22,171
|
20,715
|
1,456
|
6.6
|
Lunenburg
|
6,252
|
5,952
|
300
|
4.8
|
Mendon
|
3,235
|
3,091
|
144
|
4.5
|
Milford
|
15,503
|
14,661
|
842
|
5.4
|
Millbury
|
8,079
|
7,639
|
440
|
5.4
|
Millville
|
1,773
|
1,668
|
105
|
5.9
|
New Braintree
|
570
|
525
|
45
|
7.9
|
North Brookfield
|
2,700
|
2,541
|
159
|
5.9
|
Northborough
|
7,950
|
7,612
|
338
|
4.3
|
Northbridge
|
9,077
|
8,552
|
525
|
5.8
|
Oakham
|
1,125
|
1,039
|
86
|
7.6
|
Oxford
|
8,386
|
7,962
|
424
|
5.1
|
Paxton
|
2,671
|
2,562
|
109
|
4.1
|
Petersham
|
692
|
654
|
38
|
5.5
|
Phillipston
|
967
|
907
|
60
|
6.2
|
Princeton
|
1,955
|
1,871
|
84
|
4.3
|
Royalston
|
728
|
682
|
46
|
6.3
|
Rutland
|
4,528
|
4,303
|
225
|
5.0
|
Shrewsbury
|
20,012
|
19,211
|
801
|
4.0
|
Southborough
|
5,350
|
5,171
|
179
|
3.3
|
Southbridge
|
8,316
|
7,613
|
703
|
8.5
|
Spencer
|
6,160
|
5,735
|
425
|
6.9
|
Sterling
|
4,346
|
4,126
|
220
|
5.1
|
Sturbridge
|
5,137
|
4,856
|
281
|
5.5
|
Sutton
|
5,351
|
5,076
|
275
|
5.1
|
Templeton
|
4,361
|
4,106
|
255
|
5.8
|
Upton
|
4,243
|
4,056
|
187
|
4.4
|
Uxbridge
|
7,990
|
7,553
|
437
|
5.5
|
Warren
|
2,499
|
2,328
|
171
|
6.8
|
Webster
|
8,886
|
8,242
|
644
|
7.2
|
West Boylston
|
3,183
|
2,993
|
190
|
6.0
|
West Brookfield
|
2,135
|
2,003
|
132
|
6.2
|
Westborough
|
10,346
|
10,004
|
342
|
3.3
|
Westminster
|
4,414
|
4,179
|
235
|
5.3
|
Winchendon
|
5,604
|
5,253
|
351
|
6.3
|
Worcester
|
92,501
|
86,938
|
5,563
|
6.0
|
Source: Massachusetts Office of Labor and Workforce Development
As one can see, the nearest community to Southbridge is Oakham. Their unemployment rate is 7.6%, almost a full percentage point lower. In absolute terms, their total number of unemployed individuals is less than a tenth of Southbridge.
For the state as a whole, the share of working age residents employed or unemployed, also known as the labor participation rate, was 65.9, an increase of 0.3 of a percentage point since January. Compared with February 2014, the labor participation rate increased a full percentage point over the year.
For the state as a whole, the share of working age residents employed or unemployed, also known as the labor participation rate, was 65.9, an increase of 0.3 of a percentage point since January. Compared with February 2014, the labor participation rate increased a full percentage point over the year.
February 2015 estimates show that 3,430,500 residents were
employed and 177,300 were unemployed. Compared with February 2014, February
2015 has 34,400 fewer unemployed persons which is the largest annual decrease
in the number of unemployed since October 2011.
Over the month, jobs were up 800 with a private sector loss
of 800. Since February 2014, jobs grew by 58,100 with 46,300 private sector job
gains. Education and Health Services and Professional, Scientific, and Business
Services had the largest job gains over the year. All sector details are listed
below.
BLS also revised its January job estimate to a 900 over the
month job gain from the 2,600 gain previously reported for the month.
The February estimates show 3,430,500 Massachusetts
residents were employed and 177,300 were unemployed, for a total labor force of
3,607,700. The unemployment rate was 4.9 percent. The February labor force
increased by 16,600 from 3,591,100 in January, as 21,100 more residents were
employed and 4,400 fewer residents were unemployed over the month. The labor
force participation rate, the share of working age population employed or
unemployed, was 65.9, an increase of 0.4 of a percentage point over the month.
The labor force was 74,200 above the 3,533,500 February 2014 estimate, with
108,800 more residents employed and 34,400 fewer residents unemployed.
Why work when Obama and Moore give you free money?
ReplyDeleteGee, thank goodness we're the only one's in all of Worcester County to which that piece of bullsh*t applies .
DeleteSenator Moore is the blame? Interesting theory.
DeleteThanks to people like Sen.Moore and Councilor Vecchia, and bank in Senator Moore's hometown loaned Southbridge over $5,000,000 to build a road to our soon to be opened Environmental Industrial Park, a d we have been assured that it will provide 150-600 jobs in the first years of its opening up.
It should be ready by the late spring I would think. Dies anyone know when it is opening?