Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||March 24, 2015|
|Contact: Ann Dufresne - 617-626-7121|
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Latest Seasonally Unadjusted Job and Unemployment Estimates for
Local Labor Markets In Massachusetts
BOSTON MA - March 24, 2014 --- Today the Executive Office of Labor and Workforce Development (EOLWD) reported that the seasonally unadjusted unemployment rates for February were down in seventeen labor market areas; unchanged in four areas; and up in three areas, according to the Bureau of Labor Statistics. Compared with February 2014, over the year, unemployment rates were down in all of the labor market areas.
During February, four of the fifteen areas for which job estimates are published recorded seasonal job gains, one had no change in jobs and the remaining ten areas lost jobs. The largest job gains were in the Springfield, Brockton-Bridgewater-Easton, Worcester, and Lowell-Billerica-Chelmsford areas. New Bedford was the only area to have no change in its jobs level. Since last February, all fifteen areas added jobs with the largest percentage gains in the Barnstable, Lynn-Saugus-Marblehead, New Bedford, Leominster-Gardner, and Lawrence-Methuen Town-Salem areas.
In order to compare to the statewide rate to the local unemployment rates, BLS estimates that the statewide unadjusted unemployment rate for February was 5.4 percent, down 0.2 of a percentage point from the revised January 2015 rate. Over the year, the statewide unadjusted rate was down 1.2 percent from the February 2014 rate of 6.6 percent.
The seasonally adjusted statewide February unemployment rate, released on March 19, 2015 was 4.9 percent, down 0.2 of a percentage point over the month and down 1.1 percent over the year. The rate was 0.6 of a percentage point below the national unemployment rate. The statewide seasonally adjusted jobs estimate showed an 800 job gain in February and an over the year gain of 58,100 jobs.
The labor force, unemployment rates and jobs estimates for Massachusetts, and for every other state, are based on several different statistical methodologies specified by the U.S. Department of Labor's Bureau of Labor Statistics.
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.
NOTES: The preliminary March 2015 and revised February 2015 unemployment rate, labor force data, and jobs estimates for Massachusetts will be released on Thursday, April 16, 2015; local unemployment statistics will be released on Tuesday, April 21, 2015. Detailed labor market information is available at www.mass.gov/lmi. See the 2015 Media Advisory annual schedule for complete listing 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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