Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||November 20, 2014|
|Contact: Ann Dufresne - 617-626-7121|
Follow us on Twitter
|Massachusetts adds 1,200 jobs in October|
BOSTON, MA - November 20, 2014 --- The Executive Office of Labor and Workforce Development (EOLWD) today reported that preliminary estimates from the Bureau of Labor Statistics (BLS) show Massachusetts added 1,200 jobs in October for a total preliminary estimate of 3,424,600. The October total unemployment rate remained unchanged at 6.0 percent.
Since October 2013, Massachusetts has added a net of 52,600 jobs; with 50,400 jobs added in the private sector. The total unemployment rate for the year is down 1.2 percent from the October 2013 rate of 7.2 percent.
BLS also revised its September job estimates to a 7,800 job gain from the 9,400 gain previously reported for the month.
Information added 1,900 (+2.0%) jobs over the month. Over the year, Information added 7,900 (+9.1%) jobs.
Construction gained 1,300 (+1.1%) jobs over the month. Over the year, Construction has added 2,400 (+2.0%) jobs.
Education and Health Services added 800 (+0.1%) jobs over the month. Over the year, Education and Health Services gained 16,000 (+2.2%) jobs.
Professional, Scientific and Business Services gained 200 (0.0%) jobs over the month. Over the year, Professional, Scientific and Business Services added 14,500 (+2.9%) jobs.
Other Services had no change in its jobs level over the month. Over the year, Other Services jobs are up 1,100 (+0.9%) jobs.
Trade, Transportation and Utilities lost 1,800 (-0.3%) jobs over the month. Over the year, Trade, Transportation, and Utilities gained 7,200 (+1.3%) jobs.
Leisure and Hospitality lost 1,500 (-0.4%) jobs over the month. Over the year, Leisure and Hospitality added 100 (0.0%) jobs.
Financial Activities lost 500 (-0.2%) jobs over the month. Over the year, Financial Activities added 1,900 (+0.9%) jobs.
Manufacturing lost 400 (-0.2%) jobs over the month. Over the year, Manufacturing lost 700 (-0.3%) jobs.
Government added 1,200 (+0.3%) jobs over the month. Over the year, Government gained 2,200 (+0.5%) 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 October 2014 will be released on Tuesday, November 25, 2014. The preliminary November 2014 and revised October 2014 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Thursday, December 18, 2014. 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|
Report Unemployment Fraud by Calling the Department of Unemployment Assistance’s Fraud Hotline @ 1-800-354-9927
or visit: www.mass.gov/lwd/ui-fraud