Unemployment Falls Across Massachusetts in August
BOSTON — Local unemployment rates decreased in 24 labor-market areas in Massachusetts during the month of August, the Executive Office of Labor and Workforce Development reported. Compared to August 2017, the rates dropped in 19 labor market areas, remained the same in four areas, and increased in one labor-market area.
Three of the 15 areas for which job estimates are published recorded a seasonal job gain in August. The gains occurred in the Springfield, Brockton-Bridgewater-Easton, and Taunton-Middleborough-Norton areas. The Leominster-Gardner area had no change in its job level over the month.
From August 2017 to August 2018, 13 of the 15 areas added jobs, with the largest percentage gains in the Lynn-Saugus-Marblehead, Boston-Cambridge-Newton, Lowell-Billerica-Chelmsford, Worcester, Haverhill-Newburyport-Amesbury, and Taunton-Middleborough-Norton areas. The Peabody-Salem-Beverly and Framingham areas lost jobs.
In order to compare the statewide rate to local unemployment rates, the Bureau of Labor Statistics estimates the statewide unadjusted unemployment rate for August was 3.5%.
Last week, the Executive Office of Labor and Workforce Development reported that the statewide seasonally adjusted unemployment rate in the month of August remained at 3.6%. The statewide seasonally adjusted jobs estimate showed a 6,100-job gain in August, and an over-the-year gain of 68,100 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.
