Verizon Strike Drives Down August Job Count
The Massachusetts economy lost 8,900 jobs between July and August, due mostly to a strike by Verizon workers, according to the Executive Office of Labor and Workforce Development.
The strike meant about 6,100 workers in the information industry were not on company payrolls at the time of the survey. Other sectors losing jobs included leisure and hospitality, health care and social assistance and manufacturing. But jobs were added in construction, other services and trade, transportation and utilities.
The state also revised its previous report on the number of jobs added in July from 12,700 down to 10,400.
The state measure of the labor force and unemployment, which uses a different methodology from the jobs estimate, shows 3,700 more residents employed in August than July and 5,000 fewer residents unemployed, leading to a drop in the unemployment rate from 7.6 percent to 7.4 percent.
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