Please do not leave this page until complete. This can take a few moments.
Massachusetts was the only state in September to see an increase in unemployment, according to the U.S. Bureau of Labor Statistics’ Friday release. The rate grew from 5.0% to 5.2% from August to September, putting Massachusetts 0.4 percentage points above the national average of 4.8%.
This marks the second consecutive month Massachusetts’ unemployment rate has increased since its initial jump of 13.7 percentage points at the beginning of the coronavirus pandemic. It plateaued at 4.9% in June and July before rising in August.
The rate is still considerably lower than the 8.9% of Sept. 2020, but higher than the pre-pandemic 3.0% of Sept. 2019.
The Commonwealth was one of 28 states to have a statistically significant change in its unemployment rate last month, as 22 states remained basically stable through the month.
Despite rising unemployment, the state added 11,900 jobs in September, which is a 0.3% growth from the jobs added in August. Since Sept. 2020, 175,200 total jobs have been added. Massachusetts has added jobs at the fourth highest rate over the last year.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments