For Immediate Release:
|November 23, 2021|
Contact: Michele Campbell 617-626-7108
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|Latest Seasonally Unadjusted Unemployment and Job Estimates for Local Labor Markets in Massachusetts|
BOSTON, MA November 23, 2021 --- Local unemployment rates dropped in nineteen labor market areas, increased in three labor market areas, and remained unchanged in two labor market areas in the state during the month of October, the Executive Office of Labor and Workforce Development reported.
Compared to October 2020, the rates were down in twenty-four labor market areas.
Fourteen metropolitan areas for which job estimates are published experienced gains over the month in October. The largest percentage increases occurred in Haverhill-Newburyport-Amesbury, Lynn-Saugus-Marblehead, and Lawrence-Methuen Town-Salem areas. Barnstable was the only area to experience job loss in October, losing 2,600 jobs (-2.5%).
From October 2020 to October 2021, all fifteen areas gained jobs with the largest percentage increases in Boston-Cambridge-Newton (+6.1%), Framingham (+6.1%), New Bedford (+5.7%) and Lynn-Saugus-Marblehead (+5.7%) areas. Despite the over-the-month jobs loses for the Barnstable area, jobs have recovered to their pre-pandemic level, increasing by seven percent since February 2020.
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 5.1 percent.
Last week, the Executive Office of Labor and Workforce Development reported the statewide seasonally adjusted unemployment rate in the month of October was up one-tenth of a percentage point over the month at 5.3 percent.
The statewide seasonally adjusted jobs estimate showed an increase of 25,000 jobs in October, and an over-the-year gain of 197,200 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 2021 and revised October 2021 unemployment rates, labor force data and jobs estimates for Massachusetts will be released on Friday, December 17, 2021; local unemployment statistics will be released on Tuesday, December 21, 2021. Detailed labor market information is available at www.mass.gov/lmi . See the 2021 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...)