Fall River’s Unemployment Rate Spikes in February

Keith Thibault April 1, 2025 0

The unemployment rate in the City of Fall River for February rose six-tenths of one percent to 8.3%, up from 7.7% in January.

The Massachusetts Executive Office of Labor and Workforce Development reports that the labor force in Fall River in February totaled 47,302 employees. 3,928 people were recorded as unemployed.  The 8.3% unemployment rate for February compared to 6.7% in February of 2024.

Here are the unemployment rates of communities surrounding Fall River:

Somerset, 5.5% (5.3% in January)
Swansea, 5.8% (4.1% in January)
Westport, 5.9% (3.9% in January)
Freetown, 5.7% (5.8% in January)

Here are the rates in select Gateway Cities across Eastern Massachusetts last month:

New Bedford, 7.6% (6.0% in January)
Taunton, 5.4% (4.8% in January)
Brockton, 5.6% (5.3% in January)
Lowell, 5.4% (5.0% in January)
Lawrence, 6.9% (6.7% in January)

The state unemployment rate for February rose one-tenth of a percent to 4.3%. Here is more information from the state Executive Office of Labor and Workforce Development:

From the Executive Office of Labor and Workforce Development

BOSTON, MA April 1, 2025 — Local unemployment rates increased in all twelve labor market areas in the state during the month of February 2025 compared to January 2025, the Executive Office of Labor and Workforce Development reported.

Compared to February 2024, rates were up in all twelve labor market areas.

Of the seven areas for which employment estimates are published, five MSA areas gained jobs compared to the previous month. The largest percentage increases occurred in the Amherst Town-Northampton, MA (+1.4%), Springfield, MA (+0.9%), and Cambridge-Newton-Framingham, MA Metropolitan Division (+0.4%) areas.

From February 2024 to February 2025, four areas gained payroll jobs with the largest percentage increases seen in the Barnstable Town, MA (+5.9%), Springfield, MA (+0.4%), and Worcester, MA (+0.2%) areas.

The statewide seasonally adjusted preliminary payroll jobs estimate showed a decrease of 2,400 payroll jobs in February, and an over-the-year loss of 8,100 payroll jobs

In order to compare the statewide rate to local unemployment rates, the U.S. Department of Labor’s Bureau of Labor Statistics estimates the statewide unadjusted unemployment rate for February 2025 was 5.0%, up 0.3 percentage points from the revised January 2025 estimate and was 0.5 percentage points above the nation’s unadjusted unemployment rate of 4.5%.

Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate in the month of February 2025 was 4.3%, up 0.1 percentage point compared to the revised January 2025 estimate. The Bureau of Labor Statistics reported the nation’s seasonally adjusted unemployment rate for February 2025 increased 0.1 percentage point to 4.1%.

The unadjusted unemployment rates and job estimates for the labor market areas reflect seasonal fluctuations and therefore may show different levels and trends than the statewide seasonally adjusted estimates.

The estimates for labor force, unemployment rates, and jobs for Massachusetts are based on different statistical methodologies specified by the Bureau of Labor Statistics.

Write a Reply or Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.