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The Massachusetts unemployment rate remained steady at 2.9% in October, keeping its place in the upper third nationally.
The new numbers released by the Massachusetts Executive Office of Labor and Workforce Development on Friday show year-to-year growth of 51,700 jobs across the state. The state added 10,300 in October alone.
The bulk of new jobs has come in industries like education and health services, and professional, scientific and business services. Manufacturing, a bellwether industry impacted by the trade war with China, grew very slightly by 0.2%, or 500 jobs, last month. For the year, manufacturing employment remains down by 0.1%, or 300 jobs.
The state's labor force participation rate – residents 16 or older who worked or were unemployed and actively sought work in the last four weeks – increased by one-tenth of a percent over the month to 67.7%. Compared to October 2018, the labor force participation rate is down two-tenths of a percentage point.
The state continues to beat the national rate of 3.6%, according to the U.S. Bureau of Labor Statistics.
The unemployment rate was 3.2% in September in the Worcester metropolitan area, which includes Worcester County and Connecticut's Windham County.
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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.
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