Worcester, Massachusetts Overview Founded in 1722, Worcester, also known as the "Heart of the Commonwealth", has a ...
Worcester, Massachusetts Overview
Founded in 1722, Worcester, also known as the "Heart of the Commonwealth", has a rich history as a center of activity in the American Revolutionary War. Today, the city is home to 181,045 citizens and a metropolitan population of 923,672, making it the second largest city in New England, behind only Boston. The city received it's nickname due to the fact that Valentine's Day cards were invented here in 1847. Culturally, Worcester has many ethnically diverse districts, such as Little Italy and the Canal District, that boast popular restaurants and nightlife. Every year, the Worcester Music Festival takes place, which is the oldest music festival in the United States. The city also has a wide array of distinctive architecture because of it's age.
The cost of living in Worcester is 2.4 percent above the national average and 16.1 percent greater than the state average. The main reason for the spike in cost of living is above average prices for utilities, transportation, goods and services and healthcare, although housing and groceries are below the national average. The median household income is $67,298, while the median home price is $227,800. Rental prices in the city average about $900 a month.
Worcester Job Opportunities
The city is the trade and commerce capital of central Massachusetts, and has a very diversified economy. Manufacturing, retail, technology, insurance and healthcare are all vital parts of the job market, as they provide countless Worcester jobs. The largest employers in the city are in the healthcare sector. The University of Massachusetts Medical School has 5,678 employees, Saint Vincent Hospital employs 2,368 workers and University of Massachusetts Memorial Medical Center employs 13,764 healthcare professionals, making it one of the largest employers in the state. Because of the amount of jobs, those looking to move to the city should check out healthcare jobs in Worcester.
Outside of healthcare, may employers in the city offer even more opportunities for jobs in Worcester, MA. Polar Beverages, which bottles A&W and Sunkist, has 1,400 manufacturing positions, while the College of the Holy Cross and Quinsigamond Community College offer education employment opportunities. For those looking for employment in a world-class city, check out Boston jobs.
Worcester Employment Trends
As of July 2014, the unemployment rate is 6.3 percent, which is 0.1 percent above the national average and 0.7 percent above the state average. The current growth rate for Worcester, MA jobs is one percent, and the projected rate is 1.2 percent over the next 10 years. Forbes ranks Worcester as the 88th best place for business and careers. To find a perfect job, search Worcester jobs today.