- Executive Office of Labor and Workforce Development
Charles Pearce, Director of Communications, Executive Office of Labor and Workforce Development
Boston, MA — Local unemployment rates decreased in twenty-one labor market areas and increased in three labor market areas in the state during the month of October, the Executive Office of Labor and Workforce Development reported.
Compared to October 2016, the rates were up in twenty-four labor market areas.
Nine of the fifteen areas for which job estimates are published recorded seasonal job gains in October. The gains occurred in the Boston-Cambridge-Newton, Springfield, Worcester, Lowell-Billerica-Chelmsford, Brockton-Bridgewater-Easton, Peabody-Salem-Beverly, Lawrence-Methuen-Salem, Leominster-Gardner, and New Bedford areas.
From October 2016 to October 2017, all fifteen areas added jobs, with the largest percentage gains in the Barnstable, New Bedford, Boston-Cambridge-Newton, Haverhill-Newburyport-Amesbury, Springfield, and Lynn-Saugus-Marblehead areas.
In order to compare the statewide rate to local unemployment rates, the Bureau of Labor Statistics estimates the statewide-unadjusted unemployment rate for October was 3.3 percent.
Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate dropped to 3.7 percent in the month of October.
The statewide seasonally adjusted jobs estimate showed a 4,800 job gain in October, and an over-the-year gain of 69,000 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.
NOTES: The preliminary November 2017 and the revised October 2017 unemployment rates, labor force data and jobs estimates for Massachusetts will be released on Thursday December 21, 2017; local unemployment statistics will be released on Tuesday, December 26, 2017. Detailed labor market information is available at www.mass.gov/lmi. See the 2017 Media Advisory for complete list of release dates.