For Immediate Release:
|November 19, 2015|
|Contact: Colleen Quinn 617-626-7121|
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Massachusetts Gained 11,000 Jobs in October
Unemployment Rate Remained at 4.6 Percent
The preliminary job estimates from the Bureau of Labor Statistics indicate Massachusetts added 11,000 jobs in October. The largest over the month job gains occurred in Education and Health Services; Professional, Scientific, and Business Services; and Other Services sectors. Year-to-date Massachusetts has added 62,800 jobs.
The Bureau of Labor Statistics also revised preliminary job estimates for September that originally indicated Massachusetts lost 7,100 jobs. BLS revised estimates for September show the state lost 2,200 jobs.
The October preliminary estimates show 3,396,900 Massachusetts residents were employed during the month, and 164,000 were unemployed, for a total labor force of 3,560,900.
The labor force decreased by 8,700 from 3,569,600 in September, as 9,600 fewer residents were employed and 900 more residents were unemployed over the month.
The statewide unemployment rate in October was 4.6 percent. Over the year, the state's seasonally adjusted unemployment rate fell 0.9 percent from 5.5 percent in October 2014. There were 32,000 fewer unemployed persons over the year compared to October 2014.
The October state unemployment rate remains lower than the national rate of 5.0 percent reported by the Bureau of Labor Statistics.
"Massachusetts continues to add jobs, and the labor market is strong. We frequently hear from employers that they have jobs to fill, which is a good position for the state to be in," Labor and Workforce Development Secretary Ronald Walker, II said.
The state's labor force participation rate -- the total number of residents 16 or older who worked or were unemployed and actively sought work in the last four weeks -- decreased 0.2 of a percentage point to 64.7 over the month. The labor force participation rate over the year has decreased 0.8 of a percentage point compared to October 2014.
The largest private sector percentage job gains over the year were in Professional, Scientific and Business Services; Construction; Other Services; Leisure and Hospitality; and Education and Health Services.
Professional, Scientific and Business Services gained 3,000 (+0.6%) jobs over the month. Over the year, Professional, Scientific and Business Services added 26,300 (+5.1 %) jobs.
Other Services added 1,600 (+1.2%) jobs over the month. Over the year, Other Services are up 4,400 (+3.3%) jobs.
Construction gained 700 (+0.5%) jobs over the month. Over the year, Construction has added 4,300 (+3.4%) jobs.
Leisure and Hospitality added 600 (+0.2%) jobs over the month. Over the year, Leisure and Hospitality added 11,400 (+3.3%) jobs.
Manufacturing gained 200 (+0.1%) jobs over the month. Over the year, Manufacturing added 200 (+0.1%) jobs.
Financial Activities added 100 (0.0%) jobs over the month. Over the year, Financial Activities added 2,900 (+1.4%) jobs.
Information gained 100 (+0.1%) jobs over the month. Over the year, Information added 1,200 (+1.4%) jobs.
Trade, Transportation and Utilities lost 500 (-0.1%) jobs over the month. Over the year, Trade, Transportation and Utilities lost 400 (-0.1%) jobs.
Government had no change in its jobs level over the month. Over the year, Government gained 6,700 (+1.5%) 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: The labor force is sum of number of employed residents and those unemployed, that is residents not working but actively seeking work in the last four weeks. Estimates may not add to the total labor force due to rounding.
Local area unemployment statistics for October 2015 will be released on Tuesday, November 24, 2015. The preliminary November 2015 and revised October 2015 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Thursday, December 17, 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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