Mass. Unemployment Remains Under 3 Percent
The Massachusetts unemployment rate inched upwards in November, but remained under 3 percent for the seventh straight month.
Mass. Unemployment Rate Up to 3.5 Percent in October
The statewide unemployment rate ticked upward slightly in October to 3.5 percent while employers added another 9,800 jobs, building on strong job growth in September, labor officials reported Friday.
Unemployment Rate Improved to 3.4 Percent Last Month
Massachusetts employers added 13,800 jobs in September, a significant increase after a revision cut down previously reported August gains, while the statewide unemployment rate ticked downward to 3.4 percent, labor officials announced Friday.
Mass. Jobless Rate Ticks Down, But Picture Fuzzy
The statewide unemployment rate dropped to 3.7 percent in June, while employers added 3,400 jobs following a significant downward revision to the May figure, labor officials announced Friday.
Mass. Employers Teeter On Edge of Pessimism
Recession and inflation concerns conspired in June to leave Massachusetts employers on the verge of switching to a pessimistic posture.
Mass. Biz Confidence At 18-Month Low
After rising slightly in each of the previous three months, business confidence in Massachusetts took a significant tumble in May.
Hiring Might Have Slipped Last Month to a Still-Strong Level
After months of robust hiring, U.S. employers might have pulled back slightly in May, to levels that would still be consistent with a healthy job market, despite high inflation and rising borrowing costs.
Biden Plots Inflation Fight With Fed Chair as Nation Worries
Focused on relentlessly rising prices, President Joe Biden plotted an inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government’s central bank.
Jobs Up, Unemployment Rate Down In April
The unemployment rate in Massachusetts dropped slightly in April as employers added 10,500 jobs, state officials reported Friday.
Mass. Unemployment Still Lags National Rate, but Improving
Massachusetts businesses added 21,000 jobs in March, inching the Bay State closer to pre-pandemic employment levels while the unemployment rate remained above the national average despite improvement.
Mass. Jobless Rate Dips Under 4 Percent
The Massachusetts unemployment rate in December plunged beneath 4 percent and state officials on Friday said employers have added back 537,000 jobs since employment levels bottomed out in April 2020.
March Job Gains Push Unemployment Down to 6.8 Percent
Massachusetts employers added 12,800 jobs in March and the state’s jobless rate dropped to 6.8 percent from a revised 7 percent rate in February.
Mass. Unemployment Rate Dips Below 8 Percent
The unemployment rate in Massachusetts fell to 7.8 percent in January, and revisions to 2020 estimates have pinpointed the highest spike of pandemic-era joblessness to last April, labor officials announced Friday.
Fitch: Mass. Jobless Picture Worse Than It Appears
There is more to the Massachusetts labor market than meets the eye, analysts at Fitch Ratings said this week.
Mass. Jobless Rate Tumbles to 11.3 Percent
Massachusetts employers added 51,600 jobs in August as the statewide unemployment rate dropped nearly 5 percentage points, bucking a two-month trend of the Bay State bearing the highest jobless rate in the country.
Unemployment Squeezes Cities, Communities of Color
The highest-in-the-nation unemployment rate in Massachusetts declined slightly in July, but the statewide figure masks wide disparities in the state of joblessness across different areas of the state.
Mass. Unemployment Rate Now Nation’s Highest
Massachusetts set two labor statistics records in June when employers added 83,700 jobs, the biggest monthly gain ever, and the unemployment rate soared to a nation’s highest 17.4 percent.
Nearly 1M Massachusetts Residents Out of Work
Massachusetts came very close to hitting another grim milestone this morning when new federal data showed the number of first-time unemployment claims filed since the coronavirus crisis began reached 949,055.
17 Percent of Mass. Workers Have Filed Unemployment Claims
Another 80,000 Massachusetts residents filed for first-time unemployment claims last week, showing that the state’s deepening recession is still nowhere near its bottom.
Another 139K File for Unemployment in Mass., Nation Hits Jobless Record
Massachusetts’ jobless numbers jumped by another 139,582 workers last week, according to information released Thursday morning by the federal Department of Labor.
