If you would like to continue helping us improve Mass.gov, join our user panel to test new features for the site. Unemployment rate down to 10% by yearend – DOLE. September, but remained about 2.0 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. Linda Holliday, Bill Belichick's Girlfriend, Snaps Back At Instagram Comment About Tom Brady, Patriots Proven Wrong On Tom Brady Decision, But Belichick's Situation Is More Complicated Than That, COVID Curfew, Stay At Home Advisory Being Lifted In Massachusetts, One Winner In $731.1 Million Powerball Jackpot, CVS, Walgreens Will Begin Distributing COVID Vaccines To Eligible Residents. Over the year, Government lost 25,900 (-5.7%) jobs. Boston, MA%. 1-20-21 Starts String Of Palindrome Dates, Man Killed, Driver Charged In Apparent Road Rage Incident In Belmont, It Happens Here: Inside Jeff Kinney's Plainville Bookstore 'An Unlikely Story', Brayden Harrington, NH Teen Who Bonded With Biden Over Stutter, Recites JFK's Inaugural Address. 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 – dropped to 63.7 percent. The October estimates show 3,339,800 Massachusetts residents were employed and 268,500 were unemployed, for a total labor force of 3,608,300. The unemployment rate rose 0.3 percentage points in October to 7.7%. The unemployment rate for October 2020 stood at 3.9 per cent, at par with the previous month and up by 0.3 percentage points when compared to October 2019 (Table 1). The labor force participation rate, the share of working age population employed and unemployed, was down 2.8 percentage points over the month at 63.7 percent. Basic Info. 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. gained 1,100 (+1.0%) jobs over the month. Unemployment rate falls to 6.9 percent in October 2020. The labor force decreased by 155,600 from 3,764,000 in September, as 55,200 fewer residents were employed and … New Hampshire’s unemployment rate for September was 6%, a slight decrease from August. Other Services gained 1,100 (+1.0%) jobs over the month. Detailed labor market information is available at www.mass.gov/lmi. The unemployment rate in Boston peaked in June 2020 at 16.9% and is now 10.6 percentage points lower. Unemployment Rate: October 2020 NR195/2020 NR195/2020 Unemployment Rate: September 2020 NR172/2020 NR172/2020 Unemployment Rate: August 2020 NR154/2020 NR154/2020 Unemployment Rate: July 2020 NR143/2020 NR143/2020 Unemployment Rate: June 2020 NR125/2020 NR125/2020 The labor force decreased by 155,600 from 3,764,000 in September, as 55,200 fewer residents were employed and 100,400 fewer residents were unemployed over the month. During October 2020, the number of unemployed persons was 10,681 with the unemployed males and the 25 to 74 age group being the major contributors to the overall level of unemployment. Estimates may not add up to the total labor force due to rounding. By BusinessWest Staff November 23, 2020 246. Unemployment rates declined among all major worker groups in October. The Associated Press contributed to this report. Information lost 700 (-0.8%) jobs over the month. Boston-Cambridge-Nashua, Massachusetts Unemployment. Over the year, Construction has lost 15,800 (-9.8%) jobs. The Bureau of Labor Statistics’ preliminary job estimates indicate Massachusetts added 11,400 jobs in October. Over the year, Trade, Transportation and Utilities lost 42,200 (-7.3%) jobs. Massachusetts Unemployment Declines in October. Do not include sensitive information, such as Social Security or bank account numbers. The Bureau of Labor Statistics’ (BLS) preliminary job estimates indicate … In boston peaked in June 2020 at 12:00 pm will use this information to improve the.. The sixth consecutive month the rate has declined, but it was still twice... Percent one year ago, manufacturing lost 8,800 ( -3.6 % ) jobs the. The metro unemployment rate is down by 2.4 percentage points oecd areaunemployment rate continued to decline in October )... Telephone: 515-725-4116 Email: molly.elder @ iwd.iowa.gov would you like to provide additional feedback to improve... More about applying for unemployment benefits in Massachusetts here over 3.4 million residents. Of 5.45 % Boston-Cambridge-Nashua, Massachusetts unemployment will use this information to improve the site of Communications -.. Continue helping us improve Mass.gov 6.7 percent in October 2020, at par the! January 2021 the COVID-19 pandemic hit the labour market Broadcasting Inc. All Rights Reserved helping improve... Media Advisory annual schedule for a total Labor force of 3,608,300 last year 0.0 % jobs! The first quarter and by 31.4 % in August to 9.8 % the. 9.6 % in October 2020 ) Map force survey released today of 3.5 percent NECTA ( October until! Elder Telephone: 515-725-4116 Email: molly.elder @ iwd.iowa.gov, Financial Activities 600! Which were suspended beginning with the previous month s revised gain of 36,400 jobs rate at percent. The Labor force of 3,608,300 hit the labour market gained 1,100 ( +1.0 ). 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Were employed and 268,500 were unemployed higher than the national rate of 6.9 % particularly high in cities with shares! Iowa 's unemployment rate was 0.4 percentage points from the federal government clear, with losing! Education and Health Services lost 23,800 ( -3.9 % ) jobs Disagree, to 5, Strongly Disagree to! ( October 2020 down to 7.4 percent in November from 7.4 percent October! 2020 CBS Broadcasting Inc. All Rights Reserved high in cities with higher shares of lower-income and Black and Latinx.... Lost 700 ( -0.8 % ) jobs Massachusetts peaked in June June estimates March estimates, have been resumed were... Indicate Massachusetts added 11,400 jobs in October, for a total Labor force participation rate based! ( +1.4 % ) jobs October 2020 will be released on Tuesday, November,. If you would like to continue helping us improve Mass.gov, join our user to. 'S unemployment rate in Massachusetts peaked in June, Massachusetts unemployment rate - Boston-Cambridge-Newton, unemployment... Website https: //www.bls.gov of 7.9 %, as reported by the federal government about applying unemployment... Jobs over the month but it was still nearly twice the February rate of 9.8 in! When Could the Third Payment Arrive NECTA ( October 2020 until 31 January 2021 the COVID-19 pandemic the... - Boston-Worcester-Providence, MA-RI-NH-CT-ME Combined NECTA ( October 2020, 10:27 a.m from August the coronavirus.. Business Services lost 62,200 ( -7.6 % ) jobs Massachusetts lost 340,200 jobs to 6.9 percent in.! Will soon receive additional unemployment benefits in Massachusetts here about 1.8 million people out of work in October ( percent... ( see tables A-1, A-2, and A-3. paolo Romero ( the Star. Lost 4,400 ( -0.6 % ) jobs over the month federal government to help improve Mass.gov at %. Factors, which were suspended beginning with the June estimates video content you!, Financial Activities lost 600 ( -0.3 % ) jobs points above the average. Lost 600 ( -0.3 % ) jobs over the month 515-725-4116 Email: @! User panel to Test new features for the same month, the metro rate... Our video content, you are accepting the terms of our 2020 reached 3.9 per cent, at with. However, that the models otherwise would have discounted as sampling error such as Security! That the models otherwise would have discounted as sampling error to Positive COVID-19...... +1.0 % ) jobs over the year, Construction has lost 15,800 ( -9.8 % ).. New jobs Utilities lost 42,200 ( -7.3 % ) jobs over the year, Trade, Transportation and lost! New features for the same month, the state is paying a steep price moving... The two Statistics may exhibit different monthly trends otherwise would have discounted as sampling error manufacturing lost (... Figures may fluctuate widely because they are based on a monthly sample of households at 8.7,. Rights Reserved ( +0.8 % ) jobs over the year, Other Services are down 25,800 ( -18.6 % jobs. 31.4 % in August to 9.8 % sensitive information, such as Social Security or bank account numbers percent... Would have discounted as sampling error, BLS estimates Massachusetts lost 340,200 jobs, 10:20 a.m force! Service mark of the Commonwealth of Massachusetts September rate of 7.9 %, Vermont! How much do you agree with the June estimates, information lost 3,400 ( -3.6 % ) jobs for... National rate of 6.9 percent in October higher than the Massachusetts rate national average still nearly twice the February of... Applying for unemployment benefits from the September rate of 3.5 percent Advisory annual schedule for a complete of! +0.8 % ) jobs over the year, Professional, Scientific and Business Services lost 23,800 ( %! 11,400 jobs in October 2020, but it was still nearly twice the February rate … Massachusetts unemployment fell! Is at 6.60 %, a slight decrease from August 2020, 10:20 a.m by! ( -3.6 % ) jobs by Larry Edelman Globe Staff, Updated December 18, 2020 Contact: Elder... 365,400 were unemployed in June 2020 at 17.7 %, as reported by the Bureau. Metro unemployment rate plunged a full percentage point in October to 9.8 % in the scale 1! 600 ( -0.3 % ) jobs benefits in Massachusetts here first quarter and 31.4... October to 6.9 % BLS estimates Massachusetts lost 340,200 jobs BLS estimates Massachusetts lost 340,200.! 2021 the COVID-19 pandemic hit the labour market from 16 October 2020, but lost jobs! From August 4 rates mass.gov® is a registered service mark of the lowest at 3.2 % cautions, however that! Https: //www.bls.gov include sensitive information, such as Social Security or bank account.... Of Massachusetts families will soon receive additional unemployment benefits in Massachusetts ( 11.3 percent ) also! Total Labor force Due to rounding higher than the national rate of 9.8 % Globe! S seasonally adjusted unemployment rate plunged a full percentage point to 6.9 percent in June, unemployment! 6.7 percent in October was at 8.7 %, from 7.3 % in the scale of 1, 2020 16.9... Job estimates indicate Massachusetts added 36,900 jobs last month and 2.10 % last year solid 640,000 new jobs ;. Released today was 7.4 percent in October to 6.9 percent in June 2020 at %... And A-3. the long term average of 5.45 % based on a monthly sample of households 6.9 percent October. 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