Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||September 18, 2014|
|Contact: Ann Dufresne - 617-626-7121|
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Massachusetts jobs down 5,300 in August
Losses impacted by temporary job disruptions
BOSTON, MA -September 18, 2014 --- The Executive Office of Labor and Workforce Development (EOLWD) today reported that preliminary estimates from the Bureau of Labor Statistics (BLS) show Massachusetts lost 5,300 jobs in August. Job losses were impacted by temporary employment disruptions in the retail trade sector. Jobs are estimated at 3,415,200. The August total unemployment rate was up 0.2 of a percentage point to 5.8 percent from the July rate. The rate is 0.3 of a percentage point below the 6.1 percent national unemployment rate.
Since August 2013, Massachusetts has added a net of 54,300 jobs; with 53,500 jobs added in the private sector. The total unemployment rate for the year is down 1.4 percent from the August 2013 rate of 7.2 percent.
BLS also revised its July job estimates to a 12,200 job gain from the 13,800 gain previously reported for the month.
Leisure and Hospitality added 1,600 (+0.5%) jobs over the month. Over the year, Leisure and Hospitality gained 5,300 (+1.6%) jobs.
Professional, Scientific and Business Services gained 1,100 (+0.2%) jobs over the month. Over the year, Professional, Scientific and Business Services added 13,000 (+2.6%) jobs.
Information gained 800 (+0.9%) jobs over the month. Over the year, Information added 5,200 (+6.1%) jobs.
Financial Activities gained 100 (0.0%) jobs over the month. Over the year, Financial Activities added 1,900 (+0.9%) jobs.
Other Services had no change in its jobs level over the month. Over the year, Other Services jobs are up 3,000 (+2.4%) jobs.
Trade, Transportation and Utilities lost 10,600 (-1.9%) jobs over the month. Retail Trade was impacted by temporary employment disruptions. Over the year, Trade, Transportation, and Utilities gained 1,100 (+0.2%) jobs.
Construction lost 700 (-0.6%) jobs over the month. Over the year, Construction has added 200 (+0.2%) jobs.
Manufacturing lost 700 (-0.3%) jobs over the month. Over the year, Manufacturing lost 600 (-0.2%) jobs.
Government added 1,500 (+0.3%) jobs over the month. Over the year, Government gained 800 (+0.2%) jobs.
The unemployment rate is based on a monthly sample of households. The job estimates are derived from a monthly sample survey of employers. As a result, the two statistics may exhibit different monthly trends.
NOTES: Revised BLS CES jobs estimates now include jobs in Health Care that cover services to the elderly and disabled persons that were not previously in this series. The changes begin in January 1999.
Beginning with the March 2011 estimates, the Bureau of Labor Statistics (BLS) has assumed responsibility for the production of the CES State and sub-state jobs estimates. BLS has also implemented methodological changes which may increase the month to month variability of the estimates (see Changes to procedures for producing Current Employment Statistics (CES) State estimates.)
Local area unemployment statistics for August 2014 will be released on Tuesday, September 23, 2014. The preliminary September 2014 and revised August 2014 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Thursday, October 16, 2014. See the 2014 Media Advisory annual schedule for complete list of release dates.
|Statewide Seasonally Adjusted Unemployment||Statewide Seasonally Adjusted Employment|
|Statewide Not Seasonally Adjusted Unemployment||Statewide Not Seasonally Adjusted Employment|
|Labor Force and Unemployment Data||Current Employment Statistics Data|
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