Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||May 15, 2014|
|Contact: Ann Dufresne - 617-626-7121|
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Unemployment Rate Drops to 6.0 Percent;
Down a full percentage point over the year
BOSTON, MA - May 15, 2014 --- The Bureau of Labor Statistics' (BLS) preliminary estimates show that Massachusetts lost 1,600 jobs in April and the total unemployment rate dropped 0.3 of a percentage point to 6.0 percent from the March rate.
Over the month, jobs were down 1,600 with private sector jobs down 3,000. Since April 2013, Massachusetts added a net of 46,200 jobs; with 49,400 jobs added in the private sector and 3,200 lost in the public sector. The total unemployment rate was down 1.0 percent from the April 2013 rate of 7.0 percent.
BLS also revised its March estimates upward to 9,200 jobs from the 8,100 jobs previously reported for the month.
Trade, Transportation and Utilities added 3,400 (+0.6%) jobs over the month. Over the year, Trade, Transportation, and Utilities added 12,100 (+2.2%) jobs.
Financial Activities gained 400 (+0.2%) jobs over the month. Over the year, Financial Activities added 200 (+0.1%) jobs.
Other Services added 400 (+0.3%) jobs over the month. Over the year, Other Services jobs are up 4,500 (+3.6%) jobs.
Construction gained 200 (+0.2%) jobs over the month. Over the year, Construction has added 2,600 (+2.2%) jobs.
Manufacturing added 100 (0.0%) jobs over the month. Over the year, Manufacturing lost 300 (-0.1%) jobs.
Leisure and Hospitality lost 4,300 (-1.3%) jobs over the month. Over the year, Leisure and Hospitality added 500 jobs (+0.2%).
Professional, Scientific and Business Services lost 2,000 (-0.4%) jobs over the month. Over the year, Professional, Scientific and Business Services added 11,200 (+2.2%) jobs.
Education and Health Services lost 800 (-0.1%) jobs over the month. Over the year, Education and Health Services gained 14,000 (+1.9%) jobs.
Information lost 400 (-0.4%) jobs over the month. Over the year, Information gained 4,600 (+5.4%) jobs.
Government added 1,400 (+0.3%) jobs over the month. Over the year, Government lost 3,200 jobs (-0.7%).
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: Revised BLS CES jobs estimates now include jobs in Health Care that cover services to the elderly and disabled persons that were not previously in this series. The changes begin in January 1999.
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 April 2014 will be released on Tuesday, May 20, 2014. The preliminary May 2014 and revised April 2014 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Thursday, June 19, 2014. See the 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|
Report Unemployment Fraud by Calling the Department of Unemployment Assistance’s Fraud Hotline @ 1-800-354-9927
or visit: www.mass.gov/lwd/ui-fraud