Massachusetts Employment Continues to Improve from 2017 Levels
BOSTON — Local unemployment rates increased in 14 labor-market areas, decreased in one, and remained the same in nine labor market areas in the state during the month of February, the Executive Office of Labor and Workforce Development reported.
Compared to February 2017, the rates dropped in 22 labor-market areas, increased in one, and remained the same in one labor market area.
Seven of the 15 areas for which job estimates are published recorded a seasonal job gain in February. The largest gains occurred in the Boston-Cambridge-Newton, Springfield, Worcester, and Peabody-Salem-Beverly areas.
From February 2017 to February 2018, 12 of the 15 areas added jobs, with the largest percentage gains in the Haverhill-Newburyport-Amesbury, Brockton-Bridgewater-Easton, Leominster-Gardner, and Lynn-Saugus-Marblehead areas.
In order to compare the statewide rate to local unemployment rates, the Bureau of Labor Statistics estimates the statewide unadjusted unemployment rate for February was 4.0%.
Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate remained unchanged at 3.5% in the month of February. The statewide seasonally adjusted jobs estimate showed a 13,700-job gain in February, and an over-the-year gain of 39,100 jobs.
The unadjusted unemployment rates and job estimates for the labor market areas reflect seasonal fluctuations and therefore may show different levels and trends than the statewide seasonally adjusted estimates.
The estimates for labor force, unemployment rates, and jobs for Massachusetts are based on different statistical methodology specified by the U.S. Department of Labor’s Bureau of Labor Statistics.