Belmont's Unemployment Rate Creeps Higher

Remains below state, national levels.

The number of Belmont residents who are unemployed rose for the first time in several months, staying at approximately half the national level for a better part of two years.

According to the state's Executive Office of Labor and Workforce Development, 599 Belmont residents were unemployed at the end of September, a 4.4 percent rate.

The unemployment rate rose from 4.3 percent in July, indicating that a net of 20 residents lost their jobs in the month.

The 4.4 percent is below the 6.6 percent for the state and the US's 7.8 percent.

In the past year, a net of 110 residents found work when the unemployment rate hovered at 5.2 percent and 689 people were looking for work.


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