Please do not leave this page until complete. This can take a few moments.
Bay State employers added 6,000 jobs last month and have added 68,100 jobs since August 2017, the state announced Friday as the unemployment rate held firm at 3.6 percent in August.
The Executive Office of Labor and Workforce Development said the state's labor force -- the number of people employed or not working but actively seeking work in the last four weeks -- increased to 3,806,100 in July, with 3,668,800 Massachusetts residents employed and 137,300 unemployed.
The greatest private sector job gains over the year, by percentage, were in the construction; professional, scientific and business services; leisure and hospitality; and other services, the state said.
"The August estimates indicate the Commonwealth’s labor force and employment are at their highest levels while our unemployment rate remains consistently low -- all indicators of the continuing positive economic outlook for the Commonwealth of Massachusetts," Labor and Workforce Development Secretary Rosalin Acosta said.
The August unemployment rate for Massachusetts is lower than the national jobless rate of 3.9 percent.
The state said the labor force participation rate -- the share of residents 16 years or older who worked or were unemployed but actively sought work in the last four weeks -- was up by three-tenths of a percentage point to 67.6 percent in August. Compared to the previous August, the labor force participation rate was up 2.1 points.
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