Massachusetts Unemployment Holds Steady in March
BOSTON — The state’s total unemployment rate remained unchanged at 3.0% in March, 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 March. Over the month, the private sector added 5,400 jobs as gains occurred in education and health services; manufacturing; professional, scientific, and business services; construction; other services; financial activities; trade, transportation, and utilities; and information. Leisure and hospitality lost jobs over the month.
From March 2018 to March 2019, the Bureau of Labor Statistics estimates Massachusetts added 28,200 jobs. The March unemployment rate was eight-tenths of a percentage point lower than the national rate of 3.8% reported by the BLS.
“The Massachusetts economy continues to add jobs in key sectors like professional, business, and scientific services, as well as education and health services. Those job gains, along with the labor-force gains and a consistently low unemployment rate, are signals of the continued strength of the Commonwealth’s job market,” Labor and Workforce Development Secretary Rosalin Acosta said.
The labor force increased by 100 from 3,843,600 in February, as 1,700 more residents were employed and 1,600 fewer residents were unemployed over the month. Over the year, the state’s seasonally adjusted unemployment rate dropped five-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 67.9%. Compared to March 2018, the labor force participation rate is up 0.7%.
The largest private-sector percentage job gains over the year were in other services; professional, scientific, and business services; and education and health services.