Massachusetts Unemployment Rate Improves Slightly but is Higher than National Average for First Time Since 2007

According to the Massachusetts Executive Office of Labor and Workforce Development, Massachusetts added 6,500 jobs in November and saw its unemployment rate dip slightly from 7.2 percent in October to 7.1 percent in November. Currently, the national unemployment rate is 7 percent, making this the first time since 2007 that Massachusetts’ unemployment rate has been higher than the national average.

For more information, see this Boston Globe article.

Data Shows No Improvement in Massachusetts’ Unemployment Rate

The Massachusetts Executive Office of Labor and Workforce Development has released unemployment data from September and October which show that the State’s unemployment rate remains at 7.2 percent, despite dipping slightly in September and the addition of 9,100 jobs in October.

Nationally, the unemployment rate is 7.3 percent for October. Massachusetts is among 11 states to show increased unemployment numbers. Unemployment rates decreased in 28 states last month.

Read more here.

Modest Job Growth is Forecast for Massachusetts over 3 Years

A new forecast by the New England Economic Partnership estimates that employment in Massachusetts will increase at an average annual rate of 1.4 percent, or about 45,000-50,000 jobs a year, through 2017. The unemployment rate in Massachusetts is projected to decline to 5.2 percent by 2017; it is currently at 7.2 percent. 

Read more about the forecast here.

Number of Jobless Workers in Massachusetts Continues to Grow

Massachusetts’ unemployment rate remains at its highest level in two years, while the number of jobless workers has grown to 250,000. According to the state Executive Office of Labor and Workforce Development, in August there were 250,000 unemployed workers in Massachusetts and the unemployment rate remained at 7.2 percent, its highest level in nearly two years. Nationally, the unemployment rate has been decreasing; at 7.3 percent, it is still slightly higher than Massachusetts’ unemployment rate.

Massachusetts Unemployment Rate Rises to Highest Level in 2 Years

After strong growth in recent years, the Massachusetts economy has slowed noticeably in 2013. The state Executive Office of Labor and Workforce Development reported the unemployment rate in Massachusetts has risen to 7.2 percent, the highest level in nearly two years. July is the third consecutive month to see the rate rise. State officials also revised jobs figures for June, correcting a previous estimation that 2,800 jobs were added to the economy to show a loss of 2,100 jobs instead.

Nationally, the unemployment rate is improving: the US unemployment rate decreased from 7.6 percent in June to 7.4 percent in July.

Massachusetts Unemployment Rate Rises to 7 Percent

Despite adding jobs to the local economy, Massachusetts’ unemployment rate climbed to 7 percent in June, its highest level since November 2011. According to the Executive Office of Labor and Workforce Development, Massachusetts’ unemployment rate rose to 7 percent from 6.6 percent in May. The state added 2,800 jobs in June, as well as 6,700 jobs in May.

Nationally, the unemployment rate is 7.6 percent.

Massachusetts Unemployment Rate Rises Slightly

Massachusetts’ unemployment rate rose slightly in May, from 6.4 percent in April to 6.6 percent, according to the state’s Executive Office of Labor and Workforce Development. Massachusetts employers increased hiring for the first time in four months, adding 3,500 jobs, but that wasn’t enough for the 9,000 workers reported looking for work.

Nationally, the unemployment rate is 7.6 percent.

Massachusetts Unemployment Rate Remains the Same at 6.4%

According to the Massachusetts Executive Office of Labor and Workforce Development’s most recent jobs numbers, the State’s unemployment rate remains at 6.4 percent. The unemployment rate remains steady, even though Massachusetts employers cut 1,400 jobs last month. April is the third consecutive month that the number of jobs in the state has declined.

Massachusetts’ unemployment rate remains lower than the national average unemployment rate, which is 7.5 percent.

Massachusetts Unemployment Rate Drops Slightly in March

The Massachusetts unemployment rate dropped to 6.4 percent in March, according to the state Executive Office of Labor and Workforce Development. However, officials say the drop was largely due to the more than 6,000 people who stopped looking for work. Only those who actively seek jobs are counted as unemployed by labor officials. Additionally, Massachusetts employers cut 5,500 jobs in March. In the previous month, employers cut 800 jobs, according to revised numbers.

Across the country, unemployment rates fell in more than half the U.S. states in March, even though job growth slowed. Twenty-six states reported lower unemployment rates, 7 states reported higher rates and rates stayed the same in 17 states. Rates fell largely because many of those out of work stopped looking for jobs and were no longer counted as unemployed.

Massachusetts Unemployment Rate Drops to 6.5%

The latest unemployment numbers from Massachusetts Executive Office of Labor and Workforce Development offer an optimistic take on our state’s job economy: the unemployment rate has dropped for the first time in five months and the overall number of jobs in the Commonwealth shows that we’ve finally surpassed pre-recession employment levels.

The Massachusetts unemployment rate dropped to 6.5 percent in February, down from 6.7 percent in January, the rate it has been for the past four months. Massachusetts added 500 jobs in February and the number of jobs created in January was revised up to 18,900. Nationally the unemployment rate is 7.7 percent.