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MA Unemployment Rate Dropped to 4.7% in April

Friday, May 22, 2015

 

Massachusetts' total unemployment rate dropped to 4.7 percent in April, a 0.1 percentage point decrease from March. According to preliminary estimates from the Bureau of Labor Statistics, the Commonwealth gained over 10,000 jobs last month, marking eight straight months of job gains.

The Bureau also changed its March figures and now reports that the state gained 12,100 jobs, instead of the 10,500 jobs originally reported.

Since April 2014, the state's unemployment rate has dropped 1.1 percent. The state's unemployment rate has not been at 4.7 percent sicne January 2008.

“This is the seventh consecutive month we’ve seen a decrease in unemployment,” Labor and Workforce Development Secretary Ronald Walker said. “Many more residents are employed, and labor participation has increased again.”

The state unemployment rate remains lower than the national rate of 5.4 percent reported by the Bureau of Labor Statistics. April 2015 estimates show that 3,464,500 residents were employed and 169,400 were unemployed.  There were 37,700 fewer unemployed persons over the year compared to April 2014.

 

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