Massachusetts Unemployment Falls Below 3% in April
BOSTON — The state’s total unemployment rate for April was down one-tenth of a percentage point at 2.9%, the Executive Office of Labor and Workforce Development announced. The Bureau of Labor Statistics’ (BLS) preliminary job estimates indicate Massachusetts added 4,100 jobs in April.
Over the month, the private sector added 4,000 jobs as gains occurred in construction; professional, scientific, and business services; education and health services; financial activities; information; and other services. Trade, transportation, and utilities; manufacturing; and leisure and hospitality lost jobs over the month.
From April 2018 to April 2019, BLS estimates Massachusetts added 37,100 jobs.
The April unemployment rate was 0.7% lower than the national rate of 3.6% reported by the Bureau of Labor Statistics.
“Preliminary estimates indicate that, in April, the Massachusetts unemployment rate fell below 3% for the first time since December of 2000,” said Labor and Workforce Development Secretary Rosalin Acosta. “Year to date, the Commonwealth’s economy has added 25,400 jobs, showing that, even with a low, 2.9% unemployment rate, Massachusetts employers continue to add jobs to help fuel their growth needs.”
The labor force decreased by 3,200 from 3,843,500 in March, as 1,600 fewer residents were employed and 1,600 fewer residents were unemployed over the month.
Over the year, the state’s seasonally adjusted unemployment rate dropped six-tenths of a percentage point.
The state’s labor-force participation rate — the total number of residents 16 or older who worked or were unemployed and actively sought work in the last four weeks — decreased one-tenth of a percentage point to 67.8%. Compared to April 2018, the labor-force participation rate is up 0.4%.
The largest private-sector percentage job gains over the year were in professional, scientific, and business services; information; construction; and education and health services.