economy

Southborough’s unemployment rate jumped a full point in September to 7.5%. I found data going back as far as 1990, and that’s the highest rate we’ve seen in all that time. The Boston Globe reports the Massachusetts unemployment rate for September was the highest since the 1970’s. Southborough wasn’t the only area town to see Read the full article → from Southborough unemployment rate highest in a long, long time

After reaching its highest point in 17 years, the unemployment rate in Southborough ticked down slightly in August to 6.5%. The July rate was 6.8%. State and national numbers held relatively steady at 8.9% and 9.6%, respectively. Read the full article → from Southborough unemployment rate for August shows slight decline

Unemployment numbers across the board held relatively steady for the month of July. In Southborough’s case, that means the jobless rate of 6.8% was unchanged from last month. It’s our highest rate in 17 years. Compared to July 2008, the unemployment rate in Southborough is up a whopping 79%. The overall rate for Massachusetts ticked Read the full article → from July unemployment rate holds steady

Federal Reserve Chairman Ben Bernanke told Congress yesterday that the economic downturn appears to be ‘abating’, but in Southborough unemployment is still sharply on the rise. The Southborough unemployment rate hit 6.8% in June. That’s the highest jobless rate in town since January 1992 when it was 6.6%. Since January of this year, the unemployment Read the full article → from Southborough unemployment rate highest in 17 years

Gas prices fell by two cents this week, but overall they’re up an average of almost $1.00 since the start of the year. That may sound bad, but let’s remember that last year at this time prices were up over $4.00 a gallon. The state average is $2.62 for a gallon of regular. The Gulf Read the full article → from Gas prices on the rise

Do you have questions about Social Security? Southborough resident Peter G. Martin from Compass Income Planning will hold a free seminar at the library on Thursday to help people better understand their income options from Social Security. Some topics to be covered include: Should you take Social Security early? When is your break-even date? Can Read the full article → from Social Security seminar at the library

The 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 Read the full article → from Southborough unemployment still low, but rising

This just in from my peeps on the street. Falconi Bros. is offering gas at $1.49 a gallon today. I checked, and the last time gas was that cheap in New England was July 2001, so get yourself to the pump! Falconi Bros. is located on Boston Road near the center of town. (map) Read the full article → from Fill up on the cheap at Falconi Bros. today