NEW: Bay State Adds 7500 Jobs in May
Thursday, June 14, 2012
The total unemployment rate in state dropped to 6.0 percent, 0.3 of a percentage point below the April rate of 6.3 percent and well below the national rate of 8.2 percent.
The private sector added 6,700 jobs in May. Six of the ten private sectors added jobs in May with the largest gain in Professional, Scientific, and Business Services followed by gains in Trade, Transportation, and Utilities; Other Services; Information; Education and Health Services; and Manufacturing.
According to the Executive Office of Labor and Workforce Development, Massachusetts has added 37,800 jobs year to date. . The May 2012 estimates show 3,249,500 Massachusetts residents were employed and 209,200 were unemployed, for a total labor force of 3,458,700. Over the month, 6,900 fewer residents were unemployed and 10,600 more residents were employed. At 3,249,500, the number of employed residents is the highest since November 2008. Since the unemployment rate peaked at 8.7 percent in October 2009, there are 89,000 more residents employed and 91,800 fewer residents unemployed.
Local figures will be released next week.
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