The Massachusetts unemployment rate last month fell to 7%, its lowest rate in nearly three years, as employers added jobs for the second consecutive month, the state Executive Office of Labor and Workforce Development reported last Friday.
In Massachusetts, unemployment fell to 7 percent in November, down from 7.3 percent in October and well below the national rate of 8.6 percent. Massachusetts employers added 5,000 jobs in November, while nationally 120,000 jobs were added last month. The largest increase in new jobs in Massachusetts last month was in the leisure and hospitality industries.
Other indicators that the economy is improving, include: more employers say they plan to hire; online job advertisements have increased and fewer people are applying for unemployment benefits.