Massachusetts Adds 6,600 Jobs in February

Email to a friend Permalink

Saturday, March 23, 2019

GoLocalWorcester Business Team

Massachusetts added 6,600 jobs in February, while the unemployment rate went down one-tenth of a percentage point to 3.0%, the Executive Office of Labor and Workforce Development announced on Friday.

The MA announcement comes one day after Rhode Island announced the loss of 600 jobs in February.

RI has lost jobs in four straight months.

"The Commonwealth continues to experience job and labor force growth alongside an unemployment rate that has remained below 4% for 34 consecutive months. Our workforce development agencies remain committed to ensuring that all regions and communities in Massachusetts can better access our high demand job categories during this period of strong economic growth,” Labor and Workforce Development Secretary Rosalin Acosta said.

MA Adds Jobs

From February 2018 to February 2019, the Bureau of Labor Statistics estimates Massachusetts added 20,300 jobs.

Over the month, the private sector added 5,600 jobs as gains occurred in Education and Health Services; Professional, Scientific, and Business Services; Leisure and Hospitality; Trade, Transportation, and Utilities; Other Services; Financial Activities; and Construction.

Manufacturing lost jobs over the month while the jobs level in Information remained unchanged.

Unemployment Rate Goes Down

The February unemployment rate was eight-tenths of a percentage point lower than the national rate of 3.8 percent reported by the Bureau of Labor Statistics.

The labor force increased by 3,100 from 3,840,500 in January, as 6,200 more residents were employed and 3,100 fewer residents were unemployed over the month.

Since February of 2018, the state’s seasonally adjusted unemployment rate dropped six-tenths of a percentage point.

The state’s labor force participation rate increased one-tenth of a percentage point to 68.0 percent.

Compared to February 2018, the labor force participation rate is up 1.0 percentage point. 

Related Articles

• US Unemployment Rate Drops to 4.9% in October
• MA Unemployment Drops to Lowest Rate in 15 Years
• MA Unemployment Drops to Lowest Rate Since April 2001
• MA Unemployment Drops to Lowest Rate Since 2001
• MA Unemployment Drops to Lowest Rate in 16 Years
• MA Unemployment Rate Stays at 4.7%, 7,100 Jobs Added in December
• US Unemployment Rate Hits 8-Year Low
• MA Unemployment Rate Drops to 4.5% in February
• MA Unemployment Rate Drops to 4.2% in April
• Worcester & MA Unemployment Rate Increases in January
• MA Unemployment Rate Rises to 3.4% in February
• MA Unemployment Rate Stays at 4.2% in June
• MA Adds 6,700 Jobs in November, Unemployment Rate Drops to 3.6%
• MA Adds 4,800 Jobs in October, Unemployment Rate Drops to 3.7%
• Worcester Adds 1,200 Jobs in November, Unemployment Rate Stays at 3.5%
• MA Loses 6,100 Jobs in January, Unemployment Rate at 3.5%
• U.S. Adds 250K Jobs in October, Unemployment Stays at 3.7%
• MA Adds 9,300 Jobs, Unemployment Rate Drops to 3.9% in September
• MA Adds 10,800 Jobs in August, Unemployment Rate Drops to 4.2%

Enjoy this post? Share it with others.

Email to a friend Permalink