Berkshire Jobless Rates Drop
BOSTON — The three labor market areas in the Berkshires each saw their jobless rates fall nearly a percent since July, posting unemployment figures on par with August 2009.
The Executive Office of Labor and Workforce Development reported that the August seasonally unadjusted unemployment rates were down in all 22 labor-market areas. Statewide, the August seasonally unadjusted unemployment rate dropped from 9.1 percent in July to 8.3 percent. Statewide, jobs unadjusted were down 5,800 over-the-month as the private sector unadjusted job gain of 3,100 was more than offset by the loss of 8,900 jobs in government.
The North Adams micropolitan area saw its jobless rate drop from 10.1 in July to 9.0 in August, the same rate as a year ago. Pittsfield dropped from 8.7 to 7.9 and Great Barrington from 6.5 to 5.7. Jobs gains for the most part were minimal, with each market showing a loss in total labor force since July.
The Leominster-Fitchburg-Gardner area added jobs, jobs were unchanged in the Brockton-Bridgewater-Easton area and the remaining ten areas for which jobs are estimated lost jobs in August. Over-the-year, six areas added jobs.
Over-the-year, unemployment rates were lower in 15 areas, unchanged in the North Adams area and up in the remaining 17 labor market areas.
Over-the-year, the unadjusted unemployment rate is down 0.3 percent from the 8.6 percent rate in August 2009.
The statewide seasonally adjusted jobs estimate released on Sept. 16 showed 2,100 jobs gained. The state has added 64,300 jobs since December. The seasonally adjusted statewide August 2010 unemployment rate of 8.8 percent was down from the 9.0 percent rate in May and June and below the national rate of 9.6 percent.
The unadjusted unemployment rates and job estimates for the labor market areas reflect seasonal fluctuations and therefore may show different levels and trends than the statewide seasonally adjusted estimates.
The September 2010 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Oct. 21, 2010; local unemployment statistics will be released on Oct. 26, 2010. Detailed labor market information is available at www.mass.gov/lmi.
Bay State Continues to Add Jobs
BOSTON — The job growth continues in the state as the Executive Office of Labor and Workforce Development reports that the private sector added 19,200 jobs in July, the largest monthly job gain in the private sector in 20 years. Governmental employment dropped by 6,000, signifying the reduction in temporary Census jobs.
Overall, the state's preliminary figures show 3,197,800 jobs, an increase of 13,200 jobs. The This marks the sixth straight month for job gains, with 60,200 jobs added since December.
The total unemployment rate held at 9.0 percent in July. The Massachusetts unemployment rate remains below the 9.5 percent national rate which was also unchanged over-the-month.
The gains were made in all nine job sectors; the largest gains wre in Leisure and Hospitality; Trade, Transportation and Utilities; Manufacturing; and Professional, Scientific and Business Services.
The July job growth follows on a revised 2,800 jobs gain in June, previously reported as a 500-job gain. Over-the-year, jobs are up 36,600 (or 1.2 percent) with private sector jobs up 32,500 (also 1.2 percent).
Trends for jobs, unemployed residents, the unemployment rate and unemployment insurance claims continue to indicate signs of improvement for the commonwealth's economy.
Local area unemployment statistics for July 2010 will be released on Tuesday, Aug. 24. Detailed labor market information is available at www.mass.gov/lmi.
State Adds Jobs for Fourth Straight Month
BOSTON — Massachusetts has added jobs for the fourth straight month, a sign that it may be recovering from financial downturn
The Executive Office of Labor and Workforce Development reported Thursday that preliminary job estimates for May count 3,182,400 jobs in Massachusetts with 15,800 jobs added this month – including 7,000 in the private sector. The state unemployment rate remained at 9.2 percent, below the national rate of 9.7 percent.
Local statistics will be available June 22.
The private sector added 7,000 jobs mainly in the Leisure and Hospitality, Education and Health Services and Construction (4,800 since March) sectors. Leisure and Hospitality added 4,700 jobs (plus-1.6 percent) in May with job gains in Accommodation and Food Services more than offsetting the losses in Arts, Entertainment and Recreation (500 jobs). It's the second time in three months jobs have been added to Leisure and Hospitality.
Over-the-year, Education and Health Services added 18,300 jobs (plus-2.8 percent) with job growth in both Educational Services and Health Care and Social Assistance.
Government added 8,800 jobs mostly because of the federal government's temporary hiring for the Census. The May job growth follows on a revised 18,700 (previously reported as 19,100) jobs gain in April, of which 15,800 were private sector jobs.
Even with this latest revision, last month's jobs gain remains the highest jobs growth figure in 17 years. The March to April 2010 private sector gain was 15,800 jobs, the largest over the month private sector jobs gain in 11 years.
Since December 2009, the state has added 44,800 jobs with 34,500 or 77 percent of these jobs gains occurring in the private sector. Jobs growth has occurred in seven of the nine private sectors year-to-date. Education and Health Services added the most jobs, Professional, Scientific and Business Services recording the largest percentage gain in jobs, and the Construction sector and the Retail and Wholesale Trade industries gained jobs.
The May estimates show 3,165,900 Massachusetts residents were employed and 320,400 were unemployed, for a total labor force of 3,486,400. The labor force is 11,400 above last year's level, with 23,100 fewer residents employed and 34,300 more residents' unemployed than one year ago. Totals may not add exactly due to rounding.
Year-to-date, job growth has extended into most sectors. Trends for jobs, the unemployment rate and unemployment insurance claims figures are encouraging signs of economic improvement for the state.