LATEST JOB AND UNEMPLOYMENT ESTIMATES FOR LOCAL LABOR MARKETS IN THE COMMONWEALTH
BOSTON - Tuesday, October 25, 2011 ---The Executive Office of Labor and Workforce Development today reported that the September seasonally unadjusted unemployment rates were down over-the- month in the Amherst, Fall River portion of the Providence-Fall River-Warwick and Springfield labor market areas, unchanged in two areas and up in seventeen areas. Statewide, the September seasonally unadjusted unemployment rate was 7.2 percent, up from 7.0 percent in August. The statewide rate was down 1.1 percentage points from the 8.3 percent rate of September 2010 with rates down in all twenty-two labor areas.
In September, over-the-month job gains occurred in eight of the twelve areas for which job estimates are published. The largest gains were in the Boston-Cambridge-Quincy; Springfield; Worcester; and New Bedford areas. The Barnstable; Pittsfield; Peabody; and Haverhill-North Andover-Amesbury areas posted job losses.
Over-the-year, eight areas added jobs while jobs were unchanged in two areas and the remaining two recorded job losses. The largest percentage gains occurred in the Pittsfield and Worcester areas. Jobs were unchanged in the New Bedford and Peabody areas while the Barnstable and Leominster-Fitchburg-Gardner areas lost jobs.
The statewide seasonally adjusted jobs estimate released on October 20th showed a 2,300 over-the-month job loss. The seasonally adjusted statewide September unemployment rate was 7.3 percent, down 0.1 of a percentage point from the 7.4 percent rate posted in August, and was down 1.0 percentage point from the 8.3 percent rate recorded in September 2010. The Massachusetts statewide seasonally adjusted unemployment rate remains well below the national rate of 9.1 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 October 2011 unemployment rate, labor force data and jobs estimates for Massachusetts will be released on November 17, 2011; local unemployment statistics will be released on November 22, 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.