- Executive Office of Labor and Workforce Development
Media Contact for Unemployment Rate at 3.6 Percent - Massachusetts Adds 6,700 Jobs in November
Charles Pearce, Director of Communications, Executive Office of Labor and Workforce Development
Boston, MA — BOSTON, MA –The state’s total unemployment rate dropped to 3.6 percent in November, the Executive Office of Labor and Workforce Development announced Thursday.
The Bureau of Labor Statistics’ preliminary job estimates indicate Massachusetts added 6,700 jobs in November. Over the month, the private sector added 7,300 jobs as gains occurred in Leisure and Hospitality; Education and Health Services; Construction; Professional, Scientific and Business Services; and Manufacturing. The October estimate was revised to a gain of 3,200 jobs.
From November 2016 to November 2017, BLS estimates Massachusetts has added 65,200 jobs.
The November unemployment rate was five-tenths of a percentage point lower than the national rate of 4.1 percent reported by the Bureau of Labor Statistics.
“Year-to-date the jobs and labor force estimates indicate a strong and stable economy in the Commonwealth. Since December 2016, Massachusetts is estimated to have added 62,200 jobs, 64,300 more residents are participating in the labor force, and the unemployment rate remains low, averaging 3.8 percent. November also marks the 13th consecutive month of private sector job growth, with Manufacturing adding 1,600 jobs,” Labor and Workforce Development Secretary Rosalin Acosta said.
The labor force decreased by 8,200 from 3,656,000 in October, as 4,000 fewer residents were employed and 4,200 fewer residents were unemployed over the month.
Over the year, the state’s seasonally adjusted unemployment rate increased five-tenths of a percentage point from 3.1 percent in November 2016. There were 18,300 more unemployed residents over the year compared to November 2016.
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 – decreased one-tenth of a percentage point to 65.4 percent over the month. The labor force participation rate over the year has increased by 0.7 percentage point compared to November 2016.
The largest private sector percentage job gains over the year were in Construction; Professional, Scientific and Business Services; Leisure and Hospitality; and Other Services.
November 2017 Employment Overview
Leisure and Hospitality added 4,200 jobs (+1.1%) over the month. Over the year, Leisure and Hospitality gained 11,200 (+3.1%) jobs.
Education and Health Services added 2,800 (+0.3%) jobs over the month. Over the year, Education and Health Services gained 16,700 (+2.1%) jobs.
Construction gained 2,800 (+1.8%) jobs over the month. Over the year, Construction has added 8,700 (+6.0%) jobs.
Professional, Scientific and Business Services gained 2,400 (+0.4%) jobs over the month. Over the year, Professional, Scientific and Business Services added 19,500 (+3.5%) jobs.
Manufacturing added 1,600 (+0.7%) jobs over the month. Over the year, Manufacturing added 2,600 (+1.1%) jobs.
Information lost 800 (-0.9%) jobs over the month. Over the year, Information lost 1,700 (-1.9%) jobs.
Financial Activities lost 1,200 (-0.5%) jobs over the month. Over the year, Financial Activities added 3,300 (+1.5%) jobs.
Other Services lost 1,900 (-1.3%) jobs over the month. Over the year, Other Services are up 3,900 (+2.8%) jobs.
Trade, Transportation and Utilities lost 2,700 (-0.5%) jobs over the month. Over the year, Trade, Transportation, and Utilities gained 4,300 (+0.8%) jobs.
Government lost 600 (-0.1%) jobs over the month. Over the year, Government lost 3,500 (-0.8%) jobs.
Labor Force Overview
The November estimates show 3,517,200 Massachusetts residents were employed and 130,600 were unemployed, for a total labor force of 3,647,800. The unemployment rate dropped one-tenth of a percentage point to 3.6 percent over the month. The November labor force decreased by 8,200 from 3,656,000 in October, as 4,000 fewer residents were employed and 4,200 fewer residents were unemployed over the month. The labor force participation rate, the share of working age population employed and unemployed, was 65.4 percent. The labor force was up 63,300 from the 3,584,500 November 2016 estimate, with 45,000 more residents employed and 18,300 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.
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 2017 will be released on Tuesday, December 26, 2017. The preliminary December 2017 and revised November 2017 unemployment rate, labor force and job estimates for Massachusetts will be released on Thursday, January 18, 2018. See the 2017 Revised Media Advisory annual schedule for a complete list of release dates.
Detailed labor market information is available at www.mass.gov/lmi.