Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||April 18, 2013|
|Contact: Kevin Franck|
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MASSACHUSETTS UNEMPLOYMENT RATE AT 6.4 PERCENT
Jobs down 5,500 in March, up 12,600 in 2013
BOSTON, MA - April 18, 2013 --- The Executive Office of Labor and Workforce Development today reported that the Bureau of Labor Statistics' preliminary March 2013 jobs estimates show that Massachusetts lost 5,500 jobs over the month and the total unemployment rate edged down to 6.4 percent from the 6.5 percent rate in February.
Education and Health Services and Leisure and Hospitality added jobs in March. In the first three months of 2013, Massachusetts added 12,600 jobs. Over the year, Massachusetts added 40,300 jobs, 37,300 of which were in the private sector.
Over the year, the unemployment rate was down 0.2 of a percentage point from the March 2012 rate of 6.6 percent. Revised numbers from the BLS estimate Massachusetts lost 800 jobs in February.
Leisure and Hospitality gained 300 (+0.1%) jobs over the month. Over the year, Leisure and Hospitality added 7,600 jobs (+2.3%).
Professional, Scientific, and Business Services lost 3,400 (-0.7%) jobs over the month. Over the year, Professional, Scientific, and Business Services added 10,700 (+2.2%) jobs.
Other Services lost 1,600 (-1.3%) jobs over the month. Over the year, Other Services added 1,800 (+1.5%) jobs.
Financial Activities lost 1,200 (-0.6%) jobs over the month. Over the year, Financial Activities shed 200 (-0.1%) jobs.
Construction lost 1,100 (-0.9%) jobs over the month. Over the year, Construction added 1,600 (+1.4%) jobs.
Manufacturing lost 100 jobs (0.0%) over the month. Over the year, Manufacturing lost 3,200 (-1.3%) jobs.
Trade, Transportation, and Utilities lost 100 (0.0%) jobs over the month. Over the year, Trade, Transportation, and Utilities added 3,100 (+0.6%) jobs.
Information lost 100 (-0.1%) jobs over the month. Over the year, Information gained 1,900 (+2.2%) jobs.
Government lost 400 (-0.1%) jobs over the month. Over the year, Government gained 3,000 (+0.7%) 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: 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.)
|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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