Massachusetts Unemployment Rate Falls to 5.1%; Lowest Since 2008

Massachusetts’ jobless rate fell to 5.1 percent in January, its lowest rate in nearly seven years, according to the state Executive Office of Labor and Workforce Development.

 

The private sector had a net gain of 800 jobs in January,  and 2,600 jobs were added to the local economy overall, making it the fifth consecutive month that the economy gained jobs.

 

Nationally the unemployment rate is 5.5 percent.

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