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For Immediate Release:
 May 21, 2015
Contact: Colleen Quinn - 617-626-7121
Colleen.Quinn@state.ma.us
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April Unemployment Rate Drops to 4.7 Percent
Massachusetts Adds 10,100 Jobs
 

BOSTON, MA - MAY 21, 2015 --- Massachusetts' total unemployment rate dropped to 4.7 percent in April, a 0.1 percentage point decrease from the previous month, the Executive Office of Labor and Workforce Development announced Thursday.

The new preliminary job estimates from the Bureau of Labor Statistics indicate Massachusetts gained 10,100 jobs in April, marking the eighth consecutive month of jobs gains.

The Bureau of Labor Statistics also revised upward its March job figure, reporting the state gained 12,100 jobs, instead of 10,500 which the agency reported last month.

Over the year, the state's unemployment rate fell 1.1 percent from 5.8 percent in April 2014. January 2008 was the last time the state's unemployment rate was at 4.7 percent.

The April state unemployment rate remains lower than the national rate of 5.4 percent reported by the Bureau of Labor Statistics.

The state's labor participation rate -- the total number of residents 16 or older who worked or were unemployed and actively sought work in the last four weeks -- increased 0.1 percentage point to 66.3. The April labor participation rate is the highest since May 2010, and this is the third consecutive month there was an increase in the participation rate.

Compared to April 2014, the labor participation rate increased 1.1 percent over the year.

"This is the seventh consecutive month we've seen a decrease in unemployment," Labor and Workforce Development Secretary Ronald Walker said. "Many more residents are employed, and labor participation has increased again."

April 2015 estimates show that 3,464,500 residents were employed and 169,400 were unemployed. There were 37,700 fewer unemployed persons over the year compared to April 2014.

Over the month, jobs were up 10,100 with a private sector gain of 9,700. Since April 2014, jobs grew by 66,100 with 57,900 private sector job gains. Education and Health Services and Professional, Scientific, and Business Services had the largest job gains over the year. All sector details are listed below.

April 2015 Employment Overview

Education and Health Services gained 4,500 (+0.6%) jobs over the month. Over the year, Education and Health Services gained 21,500 (+2.9%) jobs.
Professional, Scientific and Business Services added 3,700 (+0.7%) jobs over the month. Over the year, Professional, Scientific and Business Services added 18,800 (+3.7%) jobs.
Leisure and Hospitality gained 1,900 (+0.5%) jobs over the month. Over the year, Leisure and Hospitality added 10,100 (+3.0%) jobs.
Construction added 1,500 (+1.2%) jobs over the month. Over the year, Construction has added 2,100 (+1.7%) jobs.
Information gained 600 (+0.7%) jobs over the month. Over the year, Information added 1,400 (+1.6%) jobs.
Other Services added 500 (+0.4%) jobs over the month. Over the year, Other Services jobs are up 2,800 (+2.1%) jobs.
 Financial Activities gained 200 (+0.1%) jobs over the month. Over the year, Financial Activities added 2,700 (+1.3%) jobs.
Manufacturing lost 2,300 (-0.9%) jobs over the month. Over the year, Manufacturing jobs are down 2,200 (-0.9%) jobs.
Trade, Transportation and Utilities lost 900 (-0.2%) jobs over the month. Over the year, Trade, Transportation and Utilities gained 700 (+0.1%) jobs.
Government added 400 (+0.1%) jobs over the month. Over the year, Government gained 8,200 (+1.8%) jobs.

Labor Force Overview

The April estimates show 3,464,500 Massachusetts residents were employed and 169,400 were unemployed, for a total labor force of 3,633,900. The unemployment rate was 4.7 percent. The April labor force increased by 10,000 from 3,623,900 in March, as 15,700 more residents were employed and 5,700 fewer residents were unemployed over the month. The labor force participation rate, the share of working age population employed or unemployed, was 66.3, an increase of 0.1 of a percentage point over the month. The labor force was 88,900 above the 3,545,000 April 2014 estimate, with 126,600 more residents employed and 37,700 fewer residents unemployed.

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: The labor force is sum of number of employed residents and those unemployed, that is residents not working but actively seeking work in the last four weeks. Estimates may not add to the total labor force due to rounding.
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 2015 will be released on Tuesday, May 26, 2015. The preliminary May 2015 and revised April 2015 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Thursday, June 18, 2015. See the 2015 Media Advisory annual schedule for complete list of release dates.

Detailed labor market information is available at www.mass.gov/lmi.

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