Unemployment Picture Mixed in Massachusetts in June
BOSTON — Local unemployment rates decreased in two labor market areas, increased in 21 areas, and remained the same in one labor market area in the state during the month of June, the Executive Office of Labor and Workforce Development reported.
Compared to June 2017, the rates dropped in 15 labor-market areas, remained the same in four areas, and increased in five-labor market areas.
Twelve of the 15 areas for which job estimates are published recorded a seasonal job gain in June. The largest gains occurred in the Boston-Cambridge-Newton, Barnstable, Lowell-Billerica-Chelmsford, Pittsfield, and Framingham areas. The Leominster-Gardner, Brockton-Bridgewater-Easton, and Peabody-Salem-Beverly areas lost jobs over the month.
From June 2017 to June 2018, 13 of the 15 areas added jobs, with the largest percentage gains in the Lynn-Saugus-Marblehead, Haverhill-Newburyport-Amesbury, Lowell-Billerica-Chelmsford, Boston-Cambridge-Newton, Taunton-Middleborough-Norton, and Brockton-Bridgewater-Easton areas. The Peabody-Salem-Beverly area’s jobs level remained unchanged over the year, while the Framingham area 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 June was 3.9%. Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate in the month of June remained at 3.5% for the ninth consecutive month. The statewide seasonally adjusted jobs estimate showed a 21,400-job gain in June, and an over-the-year gain of 63,200 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.