Business & Tech
Norwood Unemployment Up During Summer but Down to End August
After an increase in unemployment in June and July, Norwood's unemployment numbers fell during the month of August.
The unemployment rate in Norwood remains lower than the start of the year despite an increased over the summer according to figures released by the Executive Office of Labor and Workforce Development.
After the unemployment rate fell to 5 percent in April, Norwood's unemployment rate remained 5 percent in May, but increased to 5.4 percent in June and 5.6 percent in July. August saw a decrease back to a 5.3 percent unemployment rate.
The figures likely reflect a seasonal fluctuation in employment numbers that is not unique to only Norwood. One likely reason is the labor force typically grows during the summer due to the addition of out-of-school young people.
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Across the state, the unemployment rate in August was 6.4 percent. In August of 2011 it was 7.2 percent.
Sharon had one of the lowest unemployment rates in the area with 4.4 percent unemployment for August while Attleboro had one of the highest rates at 9.6 percent.
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Below is a chart of unemployment rates for cities and towns in the area.
Town Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Attleboro 9.60% 9.00% 8.20% 8.50% 8.00% 9.10% 9.40% 9.30% Canton 5.60% 5.70% 5.60% 5.00% 4.90% 5.20% 6.10% 6.10% Dedham 5.70% 5.90% 5.60% 5.00% 5.10% 5.60% 6.20% 6.50% Easton 5.60% 6.10% 6.00% 5.40% 5.30% 5.40% 6.20% 6.60% Foxborough 4.90% 5.30% 5.20% 4.80% 5.00% 5.80% 6.80% 6.80% Mansfield 5.50% 5.80% 5.40% 4.90% 5.30% 5.30% 6.40% 6.70% Norfolk 5.40% 5.90% 5.50% 5.30% 5.20% 5.40% 6.50% 6.30% Norton 6.40% 7.20% 7.00% 6.50% 5.90% 6.70% 7.70% 8.30% Norwood 5.30% 5.60% 5.40% 5.00% 5.00% 5.40% 6.20% 6.00% Plainville 8.40% 7.90% 6.80% 7.30% 7.40% 8.80% 9.20% 9.00% Sharon 4.40% 5.10% 4.60% 4.20% 4.20% 4.20% 5.00% 5.70% Stoughton 6.00% 6.10% 5.80% 5.30% 5.50% 6.00% 6.80% 6.90% Walpole 4.90% 5.00% 4.70% 4.30% 4.70% 4.90% 6.00% 6.20% Wrentham 5.40% 6.00% 5.40% 4.90% 5.20% 5.80% 7.10% 6.70%
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