Unemployment Rates Down Across State in October
BOSTON — Seasonally unadjusted unemployment rates are down in all labor markets in the state, as measured by the Bureau of Labor Statistics compared to October 2014, the Executive Office of Labor and Workforce Development reported.
During the month of October, seasonally unadjusted unemployment rates went down in eight labor market areas, increased in six areas, and remained the same in 10 other areas of the state.
Twelve areas added jobs over the month, with the largest gains in the Boston-Cambridge-Newton, Springfield, Brockton-Bridgewater-Easton, and Worcester areas. The Lowell-Billerica-Chelmsford area had no change in its jobs level over the month, while seasonal losses occurred in the Barnstable 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 October remained at 4.5%.
Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate was 4.6% for the month of October. The unemployment rate is down 0.9% over the year. The statewide seasonally adjusted jobs estimate showed an 11,000-job gain in October and an over-the-year gain of 80,600 jobs.