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MA Unemployment Rate Down 1.4% in Past Year, 10,000 Jobs Added

Wednesday, May 27, 2015

 

On Tuesday, the Executive Office of Labor and Workforce Development (EOLWD) reported that the seasonally unadjusted employment rates from the Bureau of Labor Statistics (BLS) for April were down in all labor market areas.

Last month, all 15 areas in which job estimates are published saw seasonal job gains. The largest job gains came from the areas of Boston-Cambridge-Newton, Springfield, Barnstable, Worcester and Framingham.

Over the past year, fourteen areas added jobs with the largest percentage gains in the areas of Brockton-Bridgewater-Easton, Lynn-Saugus-Marblehead, Leominster-Gardner, Barnstable, Lowell-Billerica-Chelmsford, and Worcester.

BLS estimates that the statewide unadjusted unemployment rate for April was 4.1 percent, down 0.9 of a percentage point from the March 2015 rate. Over the course of a year, the statewide unadjusted unemployment rate fell 1.4 percent from the April 2014 rate of 5.5 percent. The seasonally adjusted unemployment rate was down 1.1 percent since of April 2014 and stood at 4.7 percent. The statewide seasonally adjusted jobs estimate showed a 10,100 job gain in April and an over the year gain of 66,100 jobs.

 

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