Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||January 22, 2015|
|Contact: Ann Dufresne - 617-626-7121|
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Massachusetts adds 10,900 jobs in December
Unemployment Rate Drops to 5.5%
BOSTON, MA - January 22, 2015 --- The Executive Office of Labor and Workforce Development (EOLWD) today reported that preliminary estimates from the Bureau of Labor Statistics (BLS) show Massachusetts added 10,900 jobs in December for a total preliminary estimate of 3,447,600. The December total unemployment rate was 5.5 percent, down 0.3 of a percentage point over the month.
Since December 2013, Massachusetts has added a net of 60,900 jobs; with 58,400 jobs added in the private sector. The total unemployment rate for the year is down 1.6 percent from the December 2013 rate of 7.1 percent.
BLS also revised its November job estimate to an 11,700 job gain from the 13,500 gain previously reported for the month.
Leisure and Hospitality added 4,700 (+1.4%) jobs over the month. Over the year, Leisure and Hospitality added 6,900 (+2.0%) jobs.
Professional, Scientific and Business Services gained 2,700 (+0.5%) jobs over the month. Over the year, Professional, Scientific and Business Services added 12,900 (+2.5%) jobs.
Education and Health Services added 2,200 (+0.3%) jobs over the month. Over the year, Education and Health Services gained 19,300 (+2.6%) jobs.
Other Services gained 600 (+0.5%) jobs over the month. Over the year, Other Services jobs are up 2,800 (+2.2%) jobs.
Construction added 300 (+0.2%) jobs over the month. Over the year, Construction has added 3,300 (+2.7%) jobs.
Trade, Transportation and Utilities gained 200 (0.0%) jobs over the month. Over the year, Trade, Transportation, and Utilities gained 6,100 (+1.1%) jobs.
Financial Activities lost 800 (-0.4%) jobs over the month. Over the year, Financial Activities added 3,300 (+1.6%) jobs.
Manufacturing lost 700 (-0.3%) jobs over the month. Over the year, Manufacturing lost 2,000 (-0.8%) jobs.
Information lost 500 (-0.5%) jobs over the month. Over the year, Information added 5,800 (+6.6%) jobs.
Government added 2,300 (+0.5%) jobs over the month. Over the year, Government gained 2,500 (+0.6%) 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 December 2014 will be released on Tuesday, January 27, 2015. The preliminary January 2015 and revised December 2014 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Tuesday, March 10, 2015. See the 2015 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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