Massachusetts Unemployment Rate Holds Steady in April
BOSTON — The state’s total unemployment rate remained at 3.5% in April, the Executive Office of Labor and Workforce Development announced. The Bureau of Labor Statistics’ (BLS) preliminary job estimates indicate Massachusetts added 6,100 jobs in April.
Over the month, the private sector added 5,900 jobs, as gains occurred in education and health services; professional, scientific, and business services; other services; financial activities; and trade, transportation, and utilities. Government also added jobs over the month. From April 2017 to April 2018, BLS estimates Massachusetts has added 47,600 jobs.
The April unemployment rate was four-tenths of a percentage point lower than the national rate of 3.9% reported by the Bureau of Labor Statistics.
“Massachusetts has now experienced a 3.5% unemployment rate for seven consecutive months. Over the year, jobs are up 47,600, with professional, business, and scientific services adding 19,200 jobs — signs of continuing growth and strength in the economy,” Labor and Workforce Development Secretary Rosalin Acosta said.
The labor force increased by 20,900 from 3,683,700 in March, as 19,700 more residents were employed and 1,300 more residents were unemployed over the month. Over the year, the state’s seasonally adjusted unemployment rate decreased four-tenths of a percentage point from 3.9% in April 2017.
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 — is up over the month four-tenths of a percentage point at 66.0%. Compared to April 2017, the labor-force participation rate is up four-tenths of a percentage point.
The largest private sector percentage job gains over the year were in construction; professional, scientific, and business services; leisure and hospitality; and other services.