Gloucester’s unemployment rate reached an eight-year low in April, bettering the previous low mark set at the close of the 2014 tourism season, the state’s latest labor statistics show. State and local officials, however, are not sure why April’s Gloucester jobless rate of 5.6 percent was so much lower than March’s 7.1 percent rate. The […]
Gloucester Times: Gloucester’s Economic Strengths – and Needs
Read on Gloucester Times As far as city websites go, Gloucester’s fails — at least according to one Northeastern professor and economist. There are many things that the city is doing right — and many it can also work on — in terms of promoting economic development. But one of those fixes that’s crucial is revamping […]
Gloucester Times: City’s jobless rate falls to 6-year low at 5.4%
July 1st, 2014 By Ray Lamont Read on Gloucester Times When Gloucester’s average monthly unemployment rate fell in April to 7.2 percent, it marked the city’s lowest jobless rate in 18 months. Now, state figures show that Gloucester’s unemployment rate fell in May to its lowest level in six years. The latest statistics posted by […]
Gloucester Times: Stats show 472 more Cape Anners holding jobs
July 7th, 2014 By Ray Lamont Read on Gloucester Times The state’s latest labor and workforce statistics show that 472 more Cape Ann residents were holding down jobs when the current summer tourism season began than had been working at the same time last year. The statistics, part of the May monthly unemployment statistics outlined […]
Gloucester Times: City jobless rate dips below state’s
July 19th, 2014 By Ray Lamont Read on Gloucester Times A month after Gloucester’s June unemployment rate hit a six-year low, new job figures from the state’s Executive Office of Labor & Workforce Development show that the city’s job market held steady through the month of June — and has now dipped below the state’s […]