Unemployment Creeps Up in February
BOSTON — Local unemployment rates increased in 22 labor-market areas, remained the same in one area, and dropped in one area in the state during the month of February, the Executive Office of Labor and Workforce Development reported.
Compared to February 2016, the rates were down in 23 areas and remained the same in one area.
Six of the 15 areas for which job estimates are published recorded seasonal job gains in February. Gains occurred in the Boston-Cambridge-Newton, Springfield, Worcester, Peabody-Salem-Beverly, Brockton-Bridgewater-Easton, and New Bedford areas.
From February 2016 to February 2017, 13 of the 15 areas added jobs, with the largest percentage gains in the New Bedford, Barnstable, Boston-Cambridge-Newton, Taunton-Middleborough-Norton, and Lowell-Billerica-Chelmsford areas.
In order to compare the statewide rate to local unemployment rates, the Bureau of Labor Statistics estimates the statewide unadjusted unemployment rate for February was 4.2%.
Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate increased to 3.4% in the month of February.
The statewide seasonally adjusted jobs estimate showed a 10,100-job gain in February, and an over-the-year gain of 57,700 jobs.
The unadjusted unemployment rates and job estimates for the labor market areas reflect seasonal fluctuations and therefore may show different levels and trends than the statewide seasonally adjusted estimates.
The estimates for labor force, unemployment rates, and jobs for Massachusetts are based on different statistical methodology specified by the U.S. Department of Labor’s Bureau of Labor Statistics.