Industries by Wage and Growth
Comparison of Franklin/Hampshire to Hampden
Employment by firm size
A clear dichotomy exists between how employers are distributed by size relative to where employment is concentrated.
Among the 6,602 establishments in Franklin/Hampshire, 62.9% had fewer than 5 employees. These firms, however, accounted for just 7.5 % of all jobs in the region.
Reinforcing this dichotomy is that nearly 90% of all establishments in Franklin/Hampshire have fewer than 20 employees but comprise less than 30% of total employment in the region.
Conversely, the 133 employers in the region with at least 100 employees (1.7%) are responsible for 44% of the workforce area's employment.
Journey to Work
Two thirds of the region's employed residents work in Franklin/Hampshire. Not surprisingly, Hampden County is the most common commuting destination with nearly 1 in 6 residents working in the county.
From the employer vantage point, three quarters of their workforce comes from Franklin/Hampshire. This share is larger because of a net outflow of workers (12,354) from Franklin/Hampshire. In total, 93% of all workers come from Franklin/Hampshire (76%) and Hampden (17%).