Commonwealth of Massachusetts Executive Office of Labor and
|For Immediate Release:||November 22, 2013|
|Contact: Lauren Jones - 617-626-7121 (office); 617-372-6587 (cell)
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MASSACHUSETTS ADDS 18,500 JOBS IN SEPTEMBER AND OCTOBER
Unemployment Rate at 7.2 Percent in October
BOSTON, MA - November 22, 2013 --- The Executive Office of Labor and Workforce Development (EOLWD) today reported that the Bureau of Labor Statistics' (BLS) preliminary estimates show that Massachusetts added 9,100 jobs in October and the total unemployment rate was 7.2 percent. Over the year, the unemployment rate was up 0.5 of a percentage point from the October 2012 rate of 6.7 percent.
The private sector added 9,300 jobs in October as Leisure and Hospitality; Trade, Transportation, and Utilities; Education and Health Services; Construction; Financial Activities; Professional, Scientific, and Business Services; and Information all added jobs. Since December 2012, Massachusetts has gained 39,800 jobs. Over the year, Massachusetts added 52,100 jobs, all of which were in the private sector.
Due to a lapse in funding as a result of the federal government shutdown in October, the revised August and preliminary September jobs and unemployment rate publication and release dates were revised. EOLWD today also reported the revised August and revised September jobs, labor force and unemployment rates along with the preliminary October estimates for Massachusetts.
Revised BLS estimates show 9,400 jobs were added in September, of which 7,800 were in the private sector. The September unemployment rate was 7.1 percent, down 0.1 of a percentage point over the month. Revised August estimates show a gain of 6,000 jobs over the month with the private sector adding 5,100 of the jobs. The revised August unemployment rate was unchanged from the prior month at 7.2 percent.
Trade, Transportation and Utilities gained 2,500 (+0.4%) jobs over the month. Over the year, Trade, Transportation, and Utilities added 11,400 (+2.1%) jobs.
Education and Health Services added 1,900 (+0.3%) jobs over the month. Over the year, Education and Health Services gained 17,300 (+2.5%) jobs.
Construction gained 1,300 (+1.1%) jobs over the month. Over the year, Construction has added 6,300 (+5.5%) jobs.
Financial Activities added 600 (+0.3%) jobs over the month. Over the year, Financial Activities lost 200 (-0.1%) jobs.
Professional, Scientific and Business Services gained 600 (+0.1%) jobs over the month. Over the year, Professional, Scientific and Business Services added 8,900 (+1.8%) jobs.
Information added 300 (+0.3%) jobs over the month. Over the year, Information gained 6,700 (+7.7%) jobs.
Other Services gained 300 (+0.2%) jobs over the month. Over the year, Other Services added 1,800 (+1.5%) jobs.
Manufacturing lost 1,400 jobs (-0.6%) over the month. Over the year, Manufacturing lost 4,300 (-1.7%) jobs.
Government lost 200 (0.0%) jobs over the month. Government jobs were unchanged over the year.
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 October 2013 will be released on Tuesday, November 26, 2013. The preliminary November 2013 and revised October 2013 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on Thursday, December 19, 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.
|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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