Tag Archives: job market

Latest job and unemployment estimates

BOSTON — The Executive Office of Labor and Workforce Development reported that the December seasonally unadjusted unemployment rates were up in eleven of the twenty-two labor market areas, down in seven and unchanged in four. Statewide, the December seasonally unadjusted unemployment rate fell from 8.1 percent in November to 8.0 percent in December.

Over-the-year, unemployment rates were lower in all areas but one, Tisbury, where there was no change in the rate. The Commonwealth’s December 2010 unadjusted unemployment rate was down 1.1 percentage points from the 9.1 percent rate in December 2009.

The New Bedford and Worcester areas added jobs over-the-month while jobs were unchanged in the Haverhill-North Andover-Amesbury area. The remaining nine areas posted job losses. The New Bedford area recorded a job gain both over-the-month and over-the-year. Over-the-year gains were realized in seven of the areas while one remained unchanged. The Leominster-Fitchburg-Gardner area had the largest rate of growth over the year. Losses occurred in the Springfield; Worcester; Peabody; and Lowell-Billerica-Chelmsford areas.

The statewide seasonally adjusted jobs estimate released on January 20 showed a 2,100 job loss. Over-the-year, the Commonwealth has added 45,600 jobs since December 2009. The seasonally adjusted statewide December 2010 unemployment rate of 8.2 percent was unchanged from November. Massachusetts’ statewide seasonally adjusted unemployment rate was 1.1 percentage points below the 9.3 percent rate in December 2009.

The unadjusted unemployment rates and job estimates for the labor market areas reflect seasonal fluctuations and therefore may show different levels and trends than the statewide seasonally adjusted estimates.