Business & Tech
Unemployment Rate Falls in Stoneham, Massachusetts
A look at unemployment rates in Greater Boston.
More Stoneham residents had jobs in March as compared to January, according to the latest statistics from the Massachusetts Executive Office of Labor and Workforce Development.
In January, Stoneham's unemployment rate was at 6.5 percent, but the town has seen a steady decline recently, according to the latest statistics. In February, the unemployment rate dipped to 6.1 percent before falling nearly one percent to 5.2 percent in March, the stats show.
In Stoneham, the rate dropped to 5.2 percent, remaining 1.2 percent below the state average. The story is mixed in neighboring communities, from Cambridge at nearly full employment (3.3 percent), to above average unemployment to the north in Revere (7.5 percent) and Chelsea (8.7 percent).
Find out what's happening in Stonehamfor free with the latest updates from Patch.
The state's unemployment rate dropped to 6.4 percent in March, down significantly from the 7.5 percent mark posted in February, according to numbers released by the Executive Office of Labor and Workforce Development.
The table below shows the unemployment rates for a sampling of Greater Boston. Have you seen evidence of a stronger hiring market? Are you a business owner looking for more help? Tell us about it in the comment section below.
Find out what's happening in Stonehamfor free with the latest updates from Patch.
Feb. 2012
Jan. 2012
3.7% 4.2% 4.3% Boston 5.5% 6.6% 7.1% Cambridge 3.3% 4.1% 4.3% Chelsea 8.7% 10.4% 11.1% Everett 6.5% 7.6% 7.8% Lynnfield 4.3% 5.2% 5% Malden 5.4% 6.1% 6.4% Medford 5.2% 6% 6.2% Melrose 4.3% 5% 5.2% Reading 4.2% 5.2% 5.1% Revere 7.5% 8.6% 8.9% Saugus 5.9% 6.9% 7.1% Somerville 3.9% 4.8% 5% Stoneham 5.2% 6.1% 6.5% Wakefield 5% 6.1% 6% Winchester 3.8% 4.6% 4.6% Winthrop 6% 6.6% 7.3% Woburn 5.4% 6.6% 6.3%
[Editor's note: Information from the Massachusetts Executive Office of Labor and Workforce Development, Division of Unemployment Assistance was used in this report.]
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