Unemployment rate in New Bedford down 3.8 percent since last year

Photo Credits: MAPCO
Photo Credits: MAPCO

By SIMÓN RIOS
srios@s-t.com
June 24, 2014 1:05 PM
NEW BEDFORD — The city’s unemployment rate has fallen 3.8 percent since May of last year, according to the latest unadjusted numbers from the state.
New Bedford’s 9.2 percent May unemployment rate represents a 1.2 percent decrease from the previous month.
In May 2013, the city’s 13 percent unemployment rate was among the highest in the state, ahead of Fall River but behind Lawrence, which had a 14.9 unemployment at the time. Fall River’s May unemployment rate was 9.4 percent, compared to 11.1 percent in Lawrence.
The New Bedford Area has also seen improvements since last year. The region employed 71,000 positions in May 2014, compared to 69,500 a year ago, representing a 2.2 percent increase.
These gateway cities have a long way to go before catching up with the rest of Massachsuetts. The statewide unemployment rate was 5.2 percent in May, down from 6.9 the year before.
http://www.southcoasttoday.com/apps/pbcs.dll/article?AID=/20140624/NEWS/406240339

Scroll to Top
Get news from New Bedford Economic Development Council in your inbox


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact