Hopkinton Unemployment Remains Low and Continues to Drop

Hopkinton Unemployment Remains Low and Continues to Drop

The State recently announced unemployment figures for August 2011. Unemployment rates for Hopkinton continue to remain low compared to statewide and national averages, dropping to just 4.6% for August 2011. Unemployment in Milford, where a casino has been proposed, is also lower than the state average at 5.7% for August 2011. Most towns surrounding Milford also have unemployment rates lower than the state average, ranging from 4.6% to 6%, with only Bellingham having a high unemployment rate at 9.5%. Bellingham is on the opposite side of Milford from the proposed casino, which would be nestled between Route 85 and Route 16 on the Hopkinton/Holliston side of Milford. Click for a Google Map of the casino site.

Unemployment Rates at a Glance

Hopkinton Milford State National
Aug 2011 4.6% 5.7% 7% 9.1%
2010 6.4% 7.9% 8.5% 9.6%
2009 6.1% 7.9% 8.2% 9.3%
2008 3.9% 5.1% 5.3% 5.8%
2007 3.2% 4.3% 4.5% 4.6%

Sources Massachusetts Executive Office of Labor and Workforce Development (EOLWD) 
& US Dept of Labor – Bureau of Labor Statistics