PSG President Aaron Green offers perspective on the top HR-related challenges facing Boston employers in 2013 in this article on Boston.com.
Category Archives: On Jobs
Massachusetts Unemployment Rate Holds Steady at 6.6%
According to Massachusetts’ Executive Office of Labor and Workforce Development, the state’s unemployment rate held steady at 6.6 percent in November. It had increased during each of the previous four months. While the local economy lost 1,100 jobs last month, there are 46,600 more jobs in Massachusetts now than there were one year ago.
Earlier this month, the US Department of Labor reported that the nation’s unemployment rate for November was 7.7 percent, down from 7.9 percent in October.
Massachusetts Unemployment Rate Rises Slightly for Fourth Month in a Row
The unemployment rate in Massachusetts rose to 6.6 percent, up slightly from 6.5 percent in the previous month, according to the Massachusetts Executive Office of Labor and Workforce Development. Although 7,900 jobs were added across the state in October, this is the fourth consecutive month that the overall unemployment rate has risen. Massachusetts’ unemployment rate remains below the national average of 7.9 percent.
Massachusetts Unemployment Rate Climbs
For the third month in a row, the Massachusetts unemployment rate rose slightly – from 6.3 percent to 6.5 percent in September, according to the Massachusetts Executive Office of Labor and Workforce Development. Massachusetts also added over 5,000 jobs last month, primarily in the leisure and hospitality sector, as well as the professional, scientific and business service sector and also the construction sector.
Massachusetts’ unemployment rate remains lower than the national average, which was 7.8 percent in September.
Massachusetts Job Growth Slows, Unemployment Up Slightly
The Massachusetts Executive Office of Labor and Workforce Development released its jobs report for August and said the state unemployment rate rose to 6.3 percent, up from 6.1 percent in July. The Massachusetts economy lost 4,800 jobs last month and the office revised its jobs number for July saying that the state only added 300 jobs that month, not the 1,600 jobs originally reported.
Overall, Massachusetts has added more than 30,000 jobs in 2012 and its unemployment rate remains lower than the national average of 8.1 percent.
Massachusetts Unemployment Rate Rises Slightly
Although Massachusetts employers added 1,600 jobs last month, the State’s unemployment rate rose slightly from 6 to 6.1 percent, according to the Executive Office of Labor and Workforce Development.
These numbers mark the first time in nearly 3 years that the unemployment level has increased, but officials said the unemployment rate is down 1.3 percentage points from the previous July.
Massachusetts’ unemployment rate is better than the national average unemployment rate of 8.3 percent.
Massachusetts Unemployment Rate Holds Steady at 6%, 2,600 Jobs Cut in June
The latest report from the Executive Office of Labor and Workforce Development indicates that hiring in Massachusetts slowed dramatically for the month of June and the State lost jobs for the first time since November.
Massachusetts employers cut payrolls by 2,600 jobs last month, though the unemployment rate held steady at 6 percent. The latest report underscores the slow economic growth in Massachusetts.
Read more here.
Massachusetts Unemployment Rate Drops to 6%
The Massachusetts unemployment rate fell to 6 percent in May, its lowest rate in nearly three years, and Massachusetts employers added 7,500 jobs last month, according to the state Executive Office of Labor and Workforce Development.
Read more detail here.
Nationally, Job Growth Remains Slow
Last week’s national unemployment figures caused concern across many groups. Although 2012 started off well, the past few months have not produced sustained job growth and the most recent report – for the May unemployment figures announced last week – showed an increase for the first time in almost a year. In Massachusetts, the outlook is better, but employers are still cautious. PSG President Aaron Green comments on the local jobs market in this Boston Globe article.
Massachusetts Unemployment Rate Continues to Fall; Drops to 6.3% in April
The Massachusetts unemployment rate fell to 6.3 percent in April and employers added 2,500 jobs, according to the state Executive Office of Labor and Workforce Development.
The numbers represent the fifth consecutive month of job gains for Massachusetts and the lowest unemployment rate since October 2008.
Massachusetts’ unemployment rate remains lower than the national average, which is currently 8.1 percent
Read more here.
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