The Massachusetts unemployment rate for June fell to 4.9%, down from 5.0% in May.
From the Executive Office of Labor and Workforce Development
Massachusetts Unemployment & Job Estimates for June
BOSTON, MA – July 16, 2021 — The state’s June total unemployment rate is down one-tenth of a percentage point at 4.9 percent following a revision to the May unemployment rate of 5.0 percent , the Executive Office of Labor and Workforce Development announced Friday. The Bureau of Labor Statistics has revised its model to better capture the effect of the pandemic resulting in revisions to earlier calculations.
The Bureau of Labor Statistics’ preliminary job estimates indicate Massachusetts gained 9,400 jobs in June. This follows last month’s gain of 9,200 jobs. Over the month, the private sector added 5,400 jobs as gains occurred across six sectors, led by Leisure and Hospitality and Education and Health Services. Since December 2020, Massachusetts has gained 101,200 jobs.
From June 2020 to June 2021, BLS estimates Massachusetts gained 292,800 jobs. Gains occurred in all sectors led by Leisure and Hospitality and Trade, Transportation and Utilities.
The June unemployment rate was 1.0 percentage point below the national rate of 5.9 percent reported by the Bureau of Labor Statistics.
The labor force increased by 4,900 from 3,702,100 in May, as 8,000 more residents were employed and 3,000 fewer residents were unemployed over the month.
Over the year, the state’s seasonally adjusted unemployment rate was down by 9.9 percentage points.
The state’s labor force participation rate – the total number of residents 16 or older who worked or were unemployed and actively sought work in the last four weeks – was up 0.1 percentage point at 65.7 percent following a revision to the May rate of 65.6 percent. Compared to June 2020, the labor force participation rate is up 0.5 percentage point.
June 2021 Employment Overview
Leisure and Hospitality gained 3,100 (+1.1%) jobs over the month. Over the year, 97,700 (+52.2%) jobs were added.
Education and Health Services gained 1,400 (+0.2%) jobs over the month. Over the year, 39,400 (+5.5%) jobs were added.
Professional and Business Services gained 900 (+0.1%) jobs over the month. Over the year, 39,300 (+7.0%) jobs were added.
Manufacturing gained 800 (+0.3%) jobs over the month. Over the year, 8,500 (+3.8%) jobs were added.
Government gained 4,000 (+0.9%) jobs over the month. Over the year, 6,100 (+1.4%) jobs were added.
Information gained 500 (+0.6%) jobs over the month. Over the year, 3,400 (+3.9%) jobs were added.
Other Services gained 400 (0.4%) jobs over the month. Over the year, 16,400 (+16.8%) jobs were added.
Trade, Transportation and Utilities lost 200 (0.0%) jobs over the month. Over the year, 62,300 (+12.6%) jobs were added.
Financial Activities lost 700 jobs (-0.3%) over the month. Over the year, 4,800 (+2.3%) jobs were added.
Construction lost 800 (-0.5%) jobs over the month. Over the year, 14,900 (+10.2%) jobs were added.
Labor Force Overview
The June estimates show 3,526,500 Massachusetts residents were employed and 180,500 were unemployed, for a total labor force of 3,707,000. The unemployment rate dropped one-tenth of a percentage point over the month after a revision to the May unemployment rate of 5.0 percent. Over the month, the June labor force was up by 4,900 from 3,702,100 in May, with 8,000 more residents employed and 3,000 fewer residents unemployed. The labor force participation rate, the share of working age population employed and unemployed, was 65.7 percent. The labor force was up 23,300 from the 3,683,700 June 2020 estimate, as 387,800 more residents were employed and 364,500 fewer residents were unemployed.
The unemployment rate is based on a monthly sample of households. The job estimates are derived from a monthly sample survey of employers. As a result, the two statistics may exhibit different monthly trends.
NOTES: The labor force is the sum of the numbers of employed residents and those unemployed, that is residents not working but actively seeking work in the last four weeks. Estimates may not add up to the total labor force due to rounding. For further information on seasonal adjustment methodology, please refer to the Bureau of Labor Statistics website https://www.bls.gov.
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