Jobs & Economy in Woonsocket
Woonsocket's economy runs on a real, genuine anchor: CVS Health's corporate headquarters, located directly in the city.
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Learn moreCVS Health's real corporate headquarters
CVS Health's corporate headquarters is located directly in Woonsocket -- a genuine, substantial economic anchor confirmed against the company's own official information and the City of Woonsocket's own business directory.
Modest, real employment growth
Woonsocket's own cited employment grew approximately 1.46% (2023-2024, from approximately 19,700 to 20,000 employees), with the most common job groups running Office & Administrative Support, Sales, and Production occupations.
A statewide labor-market softening context
Rhode Island's own statewide unemployment rate rose to 4.6% in Q1 2026, with manufacturing shedding jobs statewide -- a real, disclosed broader context alongside Woonsocket's own more modest, positive local employment trend.
Key takeaways
- CVS Health's real corporate headquarters anchors substantial Woonsocket employment.
- Woonsocket's own local employment grew modestly (~1.46%, 2023-2024).
- Rhode Island's statewide labor market softened in early 2026 even as Woonsocket's own trend ran positive.
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