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Monday, apr 29
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El Centro, California
Business
MA Cities With Highest-In-Nation
Covid-
19 Unemployment Rates May Surprise You
Several Massachusetts cities are on a nationwide list of community economies that were hardest hit by COVID-19. 24/7 Wall Street has compiled a ranking of the 35 metro areas and cities that have suffered the most job losses due to the pandemic. Worcester, Boston, Springfield, and Pittsfield all made the list. Our neighboring states fared better. There are no communities from Connecticut, Vermont, or New Hampshire on the list. New York and Pennsylvania are, however, well represented. There are currently about 13.6 million Americans out of work now. The unemployment rate stood at 10.2 perc…
Business
Worcester, Springfield Make List Of 30 U.S. Metros With Highest Unemployment Rates
Worcester, Springfield, and Pittsfield made the list of United States metropolitan areas with the highest unemployment since COVID-19 hit. The Worcester metropolitan region, which contains parts of Connecticut, just made the list. It was ranked 27th out of the 30 metros with the highest unemployment rates. (The higher the ranking, the lower the unemployment rate.) More than 15 percent of workers in the area are unemployed, according to a 24/7 WallStreet analysis. Since January, the region has shed over 55,000 jobs. The national unemployment rate is 11.1 percent. The Boston metro area ra…