Southborough unemployment still low, but rising

march-09-unemployment-rateThe unemployment rate in Southborough was 5.2% in March. That’s a slight increase over the February rate of 5.0% and the January rate of 4.7%.

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)

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