Press Release

Press Release Massachusetts Unemployment and Job Estimates for November

Massachusetts Unemployment and Job Estimates for November
For immediate release:
12/21/2018
  • Executive Office of Labor and Workforce Development

Media Contact for Massachusetts Unemployment and Job Estimates for November

Charles Pearce, Director of Communications - Exec. Office of Labor and Workforce Development

Boston, MAThe state’s total unemployment rate dropped one-tenth of a percentage point to 3.4 percent in November, the Executive Office of Labor and Workforce Development announced Friday.

The Bureau of Labor Statistics’ preliminary job estimates indicates Massachusetts added 4,600 jobs in November. Over the month, the private sector added 4,600 jobs as gains occurred in Trade, Transportation, and Utilities; Professional, Scientific, and Business Services; Education and Health Services; and Information. Financial Activities; Construction; Other Services; and Manufacturing lost jobs over the month while the jobs level in Leisure and Hospitality remained unchanged.

From November 2017 to November 2018, BLS estimates Massachusetts has added 60,500 jobs. 

The November unemployment rate was three-tenths of a percentage point lower than the national rate of 3.7 percent reported by the Bureau of Labor Statistics.

"In November, the Massachusetts unemployment rate dropped to 3.4%, the lowest it has been since May of 2003. In addition to the Commonwealth’s consistently low unemployment rate, which has held under 4% for 31 consecutive months, Massachusetts has added over 57,000 jobs since the beginning of the year, with the largest share of those gains coming from Professional, Business, and Scientific Services and other key sectors," Labor and Workforce Development Secretary Rosalin Acosta said.

The labor force increased by 4,200 from 3,832,800 in October, as 8,300 more residents were employed and 4,000 fewer residents were unemployed over the month. Over the year, the state’s seasonally adjusted unemployment rate dropped one-tenth of a percentage point.

The state’s labor force participation rate – the total number of residents 16 or older who worked or were unemployed and actively sought work in the last four weeks – remained at 68.0 percent. Compared to November 2017, the labor force participation rate is up 2.7 percentage points. 

The largest private sector percentage job gains over the year were in Professional, Scientific, and Business Services; Construction; Information; and Education and Health Services.

November 2018 Employment Overview

Trade, Transportation, and Utilities added 3,100 (+0.5%) jobs over the month. Over the year, Trade, Transportation, and Utilities gained 6,700 (+1.2%) jobs.

Professional, Scientific, and Business Services added 1,700 (+0.3%) jobs over the month. Over the year, Professional, Scientific, and Business Services gained 27,600 (+4.8%) jobs.

Education and Health Services added 1,200 (+0.1%) jobs over the month. Over the year, Education and Health Services gained 14,400 (+1.8%) jobs. 

Information added 100 (+0.1%) jobs over the month. Over the year, Information added 2,100 (+2.3%) jobs.

Leisure and Hospitality jobs level remained unchanged (0.0%) over the month. Over the year, Leisure and Hospitality lost 800 (-0.2%) jobs.

Financial Activities lost 700 (-0.3%) jobs over the month. Over the year, Financial Activities added 700 (+0.3%) jobs.

Construction lost 500 (-0.3%) jobs over the month. Over the year, Construction has added 6,100 (+3.9%) jobs.

Other Services lost 300 (-0.2%) jobs over the month. Over the year, Other Services are up 2,100 (+1.5%) jobs.

Manufacturing lost 100 (0.0%) jobs over the month. Over the year, Manufacturing gained 1,700 (+0.7%) jobs.

Government jobs level remained unchanged (0.0%) over the month. Over the year, Government lost 200 (0.0%) jobs.

Labor Force Overview

The November estimates show 3,707,800 Massachusetts residents were employed and 130,000 were unemployed, for a total labor force of 3,837,000. The unemployment rate dropped one-tenth of a percentage point to 3.4 percent. The November labor force increased by 4,200 from 3,832,800 in October, as 8,300 more residents were employed and 4,000 fewer residents were unemployed over the month. The labor force participation rate, the share of working-age population employed and unemployed, remained at 68.0 percent. The labor force was up 179,700 from the 3,657,400 November 2017 estimate, with 178,200 more residents employed and 1,400 more residents unemployed.

The unemployment rate is based on a monthly sample of households. The job estimates are derived from a monthly sample survey of employers. As a result, the two statistics may exhibit different monthly trends.

NOTES:

The labor force is the sum of the numbers of employed residents and those unemployed, that is residents not working but actively seeking work in the last four weeks. Estimates may not add up to the total labor force due to rounding.

Local area unemployment statistics for November 2018 will be released on Thursday, December 27, 2018. The preliminary December 2018 and revised November 2018 unemployment rate, labor force and job estimates for Massachusetts will be released on Friday, January 18, 2019. See the 2018 Revised Media Advisory annual schedule  for a complete list of release dates.

Detailed labor market information is available at www.mass.gov/lmi.

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Media Contact for Massachusetts Unemployment and Job Estimates for November

Executive Office of Labor and Workforce Development  

EOLWD manages the Commonwealth’s workforce development and labor departments to ensure that workers, employers, and the unemployed have the tools and training needed to succeed in the Massachusetts economy.
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