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TOWN OF NATICK Housing Production Plan

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Figure 2<br />

Source: 2006-2010 ACS<br />

Unemployment<br />

As Figure 2 demonstrates, the annual unemployment rate in Natick (not seasonally adjusted)<br />

has remained lower than the Middlesex County and the Commonwealth of Massachusetts<br />

averages since at least 1990. It peaked at 6.1% in Natick in 1991, and approached that same level<br />

in 2009 and 2010 when the rate was 5.9%.<br />

Unemployment Rate (%)<br />

10<br />

9<br />

8<br />

7<br />

6<br />

5<br />

4<br />

3<br />

2<br />

1<br />

0<br />

Percent of Households<br />

50.0%<br />

45.0%<br />

40.0%<br />

35.0%<br />

30.0%<br />

25.0%<br />

20.0%<br />

15.0%<br />

10.0%<br />

5.0%<br />

0.0%<br />

Vehicles Available<br />

None 1 2 3 or more<br />

Vehicles Available<br />

Figure 3<br />

Unemployment<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

Source: Massachusetts Executive Office of Labor and Workforce Development<br />

Natick<br />

Middlesex<br />

The lowest the unemployment rate has been was 1.9% in 1999 and 2001. Table 19 below shows<br />

the unemployment rate of the surrounding areas in 2011. The unemployment rate in Natick has<br />

continued to decline over the course of 2011 to 4.0% in December 2011, as shown in Table 19.<br />

32 | P a g e L D S C o n s u l t i n g G r o u p , L L C<br />

MA<br />

Natick<br />

Middlesex County<br />

MA

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