For Immediate Release:
|November 20, 2018|
|Contact: Charles Pearce 617-626-7121|
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|Latest Seasonally Unadjusted Unemployment and Job Estimates for Local Labor Markets in Massachusetts|
BOSTON MA - November 20, 2018 --- Local unemployment rates decreased in twenty-two labor market areas and increased in two areas in the state during the month of October, the Executive Office of Labor and Workforce Development reported.
Compared to October 2017, the rates dropped in twenty-two labor market areas and remained the same in two areas.
Thirteen of the fifteen areas for which job estimates are published recorded seasonal job gains in October. The gains occurred in the Boston-Cambridge-Newton, Springfield, Worcester, Brockton-Bridgewater-Easton, Framingham, Peabody-Salem-Beverly, Lowell-Billerica-Chelmsford, Taunton-Middleborough-Norton, Lawrence-Methuen-Salem, Leominster-Gardner, New Bedford, Pittsfield, and Haverhill-Newburyport-Amesbury areas.
From October 2017 to October 2018, fourteen of the fifteen areas added jobs, with the largest percentage gains in the Taunton-Middleborough-Norton, Pittsfield, Worcester, Boston-Cambridge-Newton, Lynn-Saugus-Marblehead, and New Bedford areas. The Peabody-Salem-Beverly area lost jobs.
In order to compare the statewide rate to local unemployment rates, the Bureau of Labor Statistics estimates the statewide-unadjusted unemployment rate for October was 2.9 percent.
Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate in the month of October dropped one-tenth of a percentage point to 3.5 percent.
The statewide seasonally adjusted jobs estimate showed a 4,400 job gain in October, and an over-the-year gain of 64,400 jobs.
The unadjusted unemployment rates and job estimates for the labor market areas reflect seasonal fluctuations and therefore may show different levels and trends than the statewide seasonally adjusted estimates.
The estimates for labor force, unemployment rates and jobs for Massachusetts are based on different statistical methodology specified by the U.S. Department of Labor's Bureau of Labor Statistics (BLS). Estimates for towns with 2010 Census population of less than 1,000 were produced using the BLS methodology, but are not official BLS estimates.
NOTES: The preliminary November 2018 and the revised October 2018 unemployment rates, labor force data and jobs estimates for Massachusetts will be released on Friday, December 21, 2018; local unemployment statistics will be released on Thursday, December 27, 2018. Detailed labor market information is available at www.mass.gov/lmi. See the 2018 Media Advisory for complete list of release dates.
|Monthy Unemployment area comparisons||Monthy Employment area comparisons|
|Most recent month Unemployment all MA cities and towns|
|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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Massachusetts Department of Unemployment Assistance
Department Economic Research
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