Daily News

State Unemployment Rate Drops to 4.5% in February

BOSTON — The state’s total unemployment rate dropped to 4.5% in February from the January rate of 4.7%, the Executive Office of Labor and Workforce Development reported Thursday. The preliminary job estimates from the Bureau of Labor Statistics indicate Massachusetts continues to gain jobs, with 13,300 added in February. Year to date, Massachusetts has added 14,500 jobs.

In February, over-the-month job gains occurred in education and health services; professional, scientific, and business services; financial activities; leisure and hospitality; other services; construction; trade, transportation, and utilities; and government.

“Massachusetts continues to add jobs, and the labor force showed positive gains with 14,100 more residents employed and 7,400 fewer residents unemployed over the month,” Labor and Workforce Development Secretary Ronald L. Walker II said.

The February state unemployment rate remains lower than the national rate of 4.9% reported by the Bureau of Labor Statistics.

Over the year, the state’s seasonally adjusted unemployment rate dropped 0.6% from 5.1% in February 2015. There were 24,600 fewer unemployed people over the year compared to February 2015. Over the year, the largest private-sector percentage job gains were in construction; professional, scientific, and business services; education and health services; and financial activities.

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