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Springfield (MA) unemployment rate rises to 10.2 percent, regional rate drops to 5.9 percent
The Republican ^

Posted on 03/12/2015 12:57:08 PM PDT by matt04

Unemployment in the city of Springfield rose in January to 10.2 percent from a revised 9.4 percent in December 2014.

The change was likely a reflection of seasonal hiring trends as stores and warehouses let Christmas season help go. But the city's unemployment rate for January was lower than the 12.7 percent jobless rate recorded in January 2014.

And the Greater Springfield regional unemployment rate in January was 5.9 percent, down from 6.3 percent the month before and 7.7 percent a year ago. ...

The city of Springfield's labor force was 63,799, down from 64,208 a month ago and down slightly from 63,695 in January 2014.

The number of city residents employed in January 2015 was 57,283 compared to 58,148 a month ago. But the January 2014 number was lower at 55,620, once again showing year-over-year improvement.

The number of unemployed people in Springfield rose to 6,516 from 6.060. There were 8,075 unemployed Springfield residents a year ago.

At 10.2 percent unemployment, Springfield had the 12th-highest unemployment rate in the state. The highest unemployment rates in winter are in resort communities on the Cape and Islands, where fewer people work in the off-season.

...

Greater Springfield lost 1,100 jobs for the month, down 0.4 percent. But for the year, Greater Springfield is up 6,200 jobs for a gain of 2.1.

Statewide, Massachusetts lost 3,000 jobs in the month for a loss of 0.1 percent. The statewide gain for the year is 62,000, 1.8 percent.

(Excerpt) Read more at masslive.com ...


TOPICS: Business/Economy; News/Current Events; US: Massachusetts
KEYWORDS: economey; springfield
Hopey Changey?
1 posted on 03/12/2015 12:57:08 PM PDT by matt04
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To: matt04

2 posted on 03/12/2015 1:01:22 PM PDT by GraceG (Protect the Border from Illegal Aliens, Don't Protect Illegal Alien Boarders...)
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To: matt04
If Smith & Wesson were to double their manufacturing capacity things might be different.
3 posted on 03/12/2015 1:05:32 PM PDT by Gay State Conservative (Obama;A Low Grade Intellect With Even Lower Morals)
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To: Gay State Conservative

They are pretty much runnin’ full tilt aren’t they?


4 posted on 03/12/2015 1:38:43 PM PDT by Vermont Lt (When you are inclined to to buy storage boxes, but contractor bags instead.)
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To: matt04

Hard to bring jobs to a shooting gallery.


5 posted on 03/12/2015 1:39:06 PM PDT by Vermont Lt (When you are inclined to to buy storage boxes, but contractor bags instead.)
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To: Vermont Lt
They are pretty much runnin’ full tilt aren’t they?

Yup,that's what I hear.My sister lives around there and has a neighbor whose husband works there.Production going gangbusters...lots of OT (more than he wants).

6 posted on 03/12/2015 2:37:26 PM PDT by Gay State Conservative (Obama;A Low Grade Intellect With Even Lower Morals)
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To: matt04

Worthington Street isn’t hiring?


7 posted on 03/12/2015 2:37:28 PM PDT by RaceBannon (Rom 5:8 But God commendeth his love toward us, in that, while we were yet sinners, Christ died for)
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To: matt04

Sanctuary city, it’s overrun with illegals. I’m sure off the books work accounts for a high percentage of the employment. I was there last week. I saw very few black faces, a few whites, and a sea of brown.


8 posted on 03/12/2015 3:34:30 PM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: VTenigma

Interesting.
In the “old days” Mexicans generally avoided the cold climate states. I guess they fell for the global warming scam too.


9 posted on 03/12/2015 3:35:51 PM PDT by nascarnation (Impeach, convict, deport)
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To: Gay State Conservative

I know that some of the production has been pushed out to Maine and, I think Virginia. There is a space issue in Springfield. The sold a lot of their open land a few years go.


10 posted on 03/12/2015 3:43:44 PM PDT by Vermont Lt (When you are inclined to to buy storage boxes, but contractor bags instead.)
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