For Immediate Release:
|November 24, 2020|
Contact: Charles Pearce 617-626-7121
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|Latest Seasonally Unadjusted Unemployment and Job Estimates for Local Labor Markets in Massachusetts|
BOSTON, MA November 24, 2020 --- Local unemployment rates decreased in twenty-four labor market areas in the state during the month of October, the Executive Office of Labor and Workforce Development reported.
Compared to October 2019, the rates were up in twenty-four labor market areas.
Thirteen of the fifteen areas for which job estimates are published recorded job gains in October. The largest gains occurred in the Boston-Cambridge-Newton, Springfield, Framingham, and Worcester areas. The jobs level in the Pittsfield area remained unchanged over the month while a loss occurred in the Barnstable area.
From October 2019 to October 2020, all fifteen areas lost jobs with the largest percentage losses in the Barnstable, Springfield, Brockton-Bridgewater-Easton, Leominster-Gardner, Haverhill-Newburyport-Amesbury, and Lawrence-Methuen-Salem areas.
In order to compare the statewide rate to local unemployment rates, the Bureau of Labor Statistics estimates the statewide-unadjusted unemployment rate for October was 6.9 percent.
Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate in the month of October was 7.4 percent, 2.4 percentage points below the revised September rate of 9.8 percent.
The statewide seasonally adjusted jobs estimate showed a 11,400 job gain in October, and an over-the-year loss of 340,200 jobs.
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.
The estimates for labor force, unemployment rates and jobs for Massachusetts are based on different statistical methodology specified by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS).
NOTES: The preliminary November 2020 and the revised October 2020 unemployment rates, labor force data and jobs estimates for Massachusetts will be released on Friday, December 18, 2020; local unemployment statistics will be released on Tuesday, December 22, 2020. Detailed labor market information is available at www.mass.gov/lmi . See the 2020 Media Advisory for complete list of release dates.
|Monthly Unemployment area comparisons||Monthly Employment area comparisons|
|Most recent month Unemployment all MA cities and towns|
|Statewide Seasonally Adjusted Unemployment||Statewide Seasonally Adjusted Employment|
|Statewide Not Seasonally Adjusted Unemployment||Statewide Not Seasonally Adjusted Employment|
|Labor Force and Unemployment Data||Current Employment Statistics Data|
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Massachusetts Department of Unemployment Assistance
Department Economic Research
This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more...)