LATEST JOB AND UNEMPLOYMENT ESTIMATES FOR LOCAL LABOR MARKETS IN THE COMMONWEALTH
BOSTON - Tuesday, November 22, 2011 --- The Executive Office of Labor and Workforce Development today reported that the October seasonally unadjusted unemployment rates were down over-the-month in 19 areas; unchanged in the Great Barrington area; and up in the Tisbury and Nantucket areas. Statewide, the October seasonally unadjusted unemployment rate was 6.8 percent, down from 7.2 percent in September. The statewide rate was down one percentage point from the 7.8 percent rate recorded for October 2010 and the rates in all twenty-two labor areas were down over the year.
In October, over-the-month job gains occurred in the Boston-Cambridge-Quincy, Worcester, Brockton-Bridgewater-Easton, Lowell-Billerica-Chelmsford, Framingham, Peabody, Springfield, Leominster-Fitchburg-Gardner and New Bedford areas. The Barnstable, Haverhill-North Andover-Amesbury, and Pittsfield areas posted job losses.
Over-the-year, 11 areas added jobs while the Barnstable area lost jobs. The largest percentage gains occurred in the Pittsfield area with growth of 4.5 percent and the Worcester and Lowell-Billerica-Chelmsford areas.
The statewide seasonally adjusted jobs estimate released on November 17th showed a 10,800 over-the-month job gain. The seasonally adjusted statewide October unemployment rate remained at 7.3 percent, and was down 1 percentage point from the 8.3 percent rate recorded in October 2010. The Massachusetts statewide seasonally adjusted unemployment rate remains well below the national rate of 9 percent.
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.
NOTES: The November 2011 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on December 15, 2011; local unemployment statistics will be released on December 20, 2011. Detailed labor market information is available at www.mass.gov/lmi. See the revised February, 2011 Media Advisory annual schedule for complete listing of release dates.