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.