Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||June 20, 2013|
|Contact: Lauren Jones - 617-626-7121 (office); 617-372-6587 (cell)
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MASSACHUSETTS ADDS 3,500 JOBS IN MAY
Unemployment Rate at 6.6 Percent
BOSTON, MA - June 20, 2013 --- The Executive Office of Labor and Workforce Development today reported that the Bureau of Labor Statistics' (BLS) preliminary estimates show that Massachusetts added 3,500 jobs in May and the total unemployment rate slightly increased to 6.6 percent.
Trade, Transportation, and Utilities; Construction; Financial Activities; Professional, Scientific, and Business Services; Other Services; and Education and Health Services added jobs in May. In the first five months of 2013, Massachusetts added 14,500 jobs. Over the year, Massachusetts added 49,600 jobs, 46,900 of which were in the private sector.
Over the year, the unemployment rate was down 0.1 of a percentage point from the May 2012 rate of 6.7 percent. Revised BLS estimates show 3,300 jobs lost in April.
Construction gained 1,000 (+0.9%) jobs over the month. Over the year, Construction has added 5,000 (+4.4%) jobs.
Financial Activities added 900 (+0.4%) jobs over the month. Over the year, Financial Activities shed 800 (-0.4%) jobs.
Professional, Scientific, and Business Services added 900 (+0.2%) jobs over the month. Over the year, Professional, Scientific, and Business Services added 16,000 (+3.3%) jobs.
Other Services gained 900 (+0.7%) jobs over the month. Over the year, Other Services added 3,500 (+2.9%) jobs.
Education and Health Services added 800 (+0.1%) jobs over the month. Over the year, Education and Health Services gained 16,600 (+2.4%) jobs.
Manufacturing lost 1,200 jobs (-0.5%) over the month. Over the year, Manufacturing lost 3,500 (-1.4%) jobs.
Leisure and Hospitality lost 900 (-0.3%) jobs over the month. Over the year, Leisure and Hospitality added 4,700 jobs (+1.5%).
Information lost 600 (-0.7%) jobs over the month. Over the year, Information gained 1,900 (+2.2%) jobs.
Government lost 200 (0.0%) jobs over the month. Over the year, Government gained 2,700 (+0.6%) 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.)
Local area unemployment statistics for May 2013 will be released on Tuesday, June 25, 2013. The preliminary June 2013 and revised May 2013 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Thursday, July 18, 2013. (See the 2013 Media Advisory annual schedule for complete listing of release dates.) Detailed labor market information is available at www.mass.gov/lmi.