But it’s a more significant increase when compared year-over-year. In March 2008 the unemployment rate was 3.1%.
Even so, Southborough is doing relatively well when compared to other towns and cities in the state. State-wide the seasonally adjusted unemployment rate for March 2009 was 7.8%. To see how area towns fared, take a look at the town-by-town numbers released by the state.
(Graphic from CommonWealth Unbound)