Targeted Employment Area: Norfolk County, Massachusetts

Created on 12/11/2017 9:37:42 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Norfolk County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Norfolk County Massachusetts and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Norfolk County, Massachusetts to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Norfolk County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Norfolk County may not be granted a designation letter -- or depending on project type, target areas, and Massachusetts requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Norfolk County Massachusetts Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 25021 555,861 384,882 358,283 26,599 6.9% No
BLS 25021 n/a 370,658 358,675 11,983 3.2% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Norfolk County Massachusetts. We have a growing network of EB-5 companies and professionals who are ready to assist you. Please contact us so that we may guide prior to engaging a centers who support Norfolk County.

Norfolk County, Massachusetts

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