Politics & Government
Signs of Optimism: Hingham’s Unemployment Rate Drops
Hingham's unemployment rate dips to 4.4 percent while the National average drops to its lowest since 2009.
As the year comes to a close, Hingham saw its unemployment rate decline from January to November from 5.9 percent to 4.4 percent, a sign that hiring is on the rise and the economy may be improving.
In January, Hingham had a total of 682 unemployed residents; That number has dropped to 510 in November, according to the State Department of Laborforce Development.
In November, Hingham had a total of 11,172 employed workers, the highest total for any month this year.
Find out what's happening in Hinghamfor free with the latest updates from Patch.
So far the unemployment rate in 2011 looks a lot better than the past two years. This year, Hingham’s unemployment rate in averaged out at 5.2 percent which is a lot better than the 6.2 percent of residents unemployed in 2010 and the 6.1 percent who were without a job in 2009.
Still, the unemployment numbers show we are still in a recession. Hingham’s unemployment rate remains significantly higher than in years past. It hovered between 2 percent and 4.4 percent from 2000 to 2008.
Find out what's happening in Hinghamfor free with the latest updates from Patch.
Yet, the unemployment rate in Hingham is well over the National average. According to an article posted on Boston.com, America's unemployment rate fell to 8.6 percent in November, the lowest since March 2009, two months after President Barack Obama took office.
The Globe aricle reports the country added 120,000 jobs in November. Private employers added 140,000 jobs, while governments cut 20,000.
Hingham
2010 Population 22,157
Laborforce, Employment and Unemployment
(not seasonally adjusted)
Month
Year
Labor Force
Employed
Unemployed
Unemployment Rate
11
2011
11,682
11,172
510
4.4
10
2011
11,676
11,102
574
4.9
09
2011
11,579
10,990
589
5.1
08
2011
11,663
11,143
520
4.5
07
2011
11,643
11,016
627
5.4
06
2011
11,707
11,049
658
5.6
05
2011
11,521
10,906
615
5.3
04
2011
11,570
10,981
589
5.1
03
2011
11,520
10,942
578
5.0
02
2011
11,512
10,859
653
5.7
01
2011
11,545
10,863
682
5.9
Annual
Year
Labor Force
Employed
Unemployed
Unemployment Rate
Average
2010
11,601
10,884
717
6.2
Average
2009
11,542
10,837
705
6.1
Average
2008
11,329
10,881
448
4.0
Average
2007
11,198
10,835
363
3.2
Average
2006
10,778
10,393
385
3.6
Average
2005
10,831
10,468
363
3.4
Average
2004
10,621
10,210
411
3.9
Average
2003
10,248
9,798
450
4.4
Average
2002
10,288
9,877
411
4.0
Average
2001
10,277
10,005
272
2.6
Average
2000
10,175
9,969
206
2.0
SOURCE: The Executive Office of Labor and Workforce Development
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