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City of Methuen Master Plan

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<strong>Methuen</strong> <strong>Master</strong> <strong>Plan</strong> 2007<br />

Overall, the total number <strong>of</strong> jobs available within the <strong>City</strong> are not sufficient in number to employ the<br />

number <strong>of</strong> workers that reside in <strong>Methuen</strong>. This correlates with <strong>Methuen</strong>’s primarily residential<br />

character. In 2005, <strong>Methuen</strong> contained 0.64 jobs for every worker, a factor which has remained<br />

unchanged over the past fifteen years.<br />

Figure 5 shows that the local and statewide unemployment rates peaked in 2003 and have modestly<br />

declined through 2005. Since 2000, <strong>Methuen</strong>’s unemployment rate has been averaging 1.4 percentage<br />

points above the statewide. The most recent resident unemployment rate in <strong>Methuen</strong> (5.9%) was above<br />

the statewide average (4.7%) in August <strong>of</strong> 2006.<br />

Figure 5: Unemployment Rate Trends<br />

8%<br />

7%<br />

6%<br />

5%<br />

4%<br />

3%<br />

2%<br />

1%<br />

0%<br />

2000 2001 2002 2003 2004 2005<br />

Source: Massachusetts Department <strong>of</strong> Workforce Development<br />

<strong>Methuen</strong> Mass.<br />

INDUSTRY EMPLOYMENT AND WAGES<br />

In terms <strong>of</strong> the total regional employment base, <strong>Methuen</strong> is a significant employment center within the<br />

Region (Lawrence Metropolitan Statistical Area – MSA) containing about 15% percent <strong>of</strong> the total<br />

regional employment in 2004. This percentage <strong>of</strong> regional employment represents an increase <strong>of</strong> over<br />

two percentage points since 2001. The private employment base in <strong>Methuen</strong> in 2004 was 13,279 jobs<br />

representing an increase <strong>of</strong> 528 jobs (4.1%) since 2001. The increase in local jobs was opposite to the<br />

regional trend <strong>of</strong> a decrease <strong>of</strong> about 9,500 jobs (9.3%) over the same time period. Although <strong>Methuen</strong><br />

has experienced solid job growth between 2000 and 2004, <strong>Methuen</strong> remains a net exporter <strong>of</strong> employees<br />

to other regional communities.<br />

Employment change by industry group for <strong>Methuen</strong> and the Region is presented in Table 22.<br />

<strong>Methuen</strong>’s job losses between 2001 and 2004 were concentrated in the manufacturing (224 jobs) and<br />

administrative and waste service (189 jobs) sectors. These job losses were <strong>of</strong>fset by the creation <strong>of</strong> jobs<br />

primarily in the accommodation and food service (324 jobs), health care and social assistance (98 jobs),<br />

and pr<strong>of</strong>essional and technical service (98 jobs) sectors. Over the same period, the Region experienced<br />

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