Lynnfield Unemployment Hovering Just Under 5%
Check out some of the unemployment rates in the Boston region and see how they compare to Lynnfield.
Lynnfield’s unemployment rate has been holding fairly steady at just under 5% in recent months, although the current numbers remain slightly higher than during the first quarter of the year.
The local unemployment rate compares favorably to the statewide average, which is 6.4%, according to state data. As of August, Lynnfield’s unemployment rate was 4.7%, down from 4.9% in July. However, the town unemployment rate sank as low as 4.2% in March before creeping back up slightly. The highest Lynnfield unemployment rate recorded in 2012 was 5.2% in February.
Below is a chart with more information about unemployment rates in area towns.
|
Town |
Aug. 2012 |
July 2012 |
June |
May 2012 |
April 2012 |
March 2012 |
Feb. 2012 |
Jan. 2012 |
|
Boston |
6.6% |
6.8% |
6.5% |
5.7% |
5.5% |
5.5% |
6.6% |
7.1% |
|
Lynnfield |
4.7% |
4.9% |
4.6% |
4.3% |
4.3% |
4.2% |
5.2% |
5% |
|
Malden |
5.8% |
5.9% |
5.7% |
5.1% |
5.2% |
5.4% |
6.1% |
6.4% |
|
Medford |
5.3% |
5.5% |
5.4% |
4.8% |
5% |
5.2% |
6% |
6.2% |
|
Melrose |
4.7% |
4.7% |
4.6% |
4.2% |
4.3% |
4.4% |
5% |
5.2% |
| North Reading | 4.9% | 5.2% | 5.3% | 5.0% | 4.9% | 5.3% | 6.0% | 6.2% |
|
Reading |
4.3% |
4.6% |
4.4% |
4.1% |
4.1% |
4.2% |
5.2% |
5.1% |
|
Stoneham |
5.2% |
5.6% |
5.4% |
5% |
5.1% |
5.1% |
6.1% |
6.5% |
|
Wakefield |
4.7% |
4.9% |
4.9% |
4.7% |
4.8% |
5% |
6.1% |
6% |
|
Winchester |
4.0% |
4.3% |
4.3% |
3.9% |
4%* |
3.8% |
4.6% |
4.6% |
|
Winthrop |
6.3% |
6.0% |
5.9% |
5.8% |
5.7% |
5.9% |
6.6% |
7.3% |
|
Woburn |
5.4% |
5.6% |
5.4% |
5.1% |
5.2% |
5.5% |
6.6% |
6.3% |
