Massachusetts Employment:
Massachusetts is far outperforming the rest of the country in terms of employment.
MA unemployment rate for March, 2012 (latest data reported) dropped to 6.5% while US employment stalls.
MA unemployment rate for March, 2012 (latest data reported) dropped to 6.5% while US employment stalls.
Below are links to the MA Unemployment Rate for each county and each town in the Commonwealth.
The County Unemployment charts for Massachusetts are not seasonally adjusted which explains the slight difference between the state and county unemployment charts.
US Employment:
The US unemployment rate for April fell to 8.1% from 8.2% in March as the US added 115,000 net new jobs.
The unployment rate fell because more workers have stopped looking for work.
Economist project we need to add 300,000+ new jobs per month to absorb the population growth and the 23 million unemployed or underemployed workers.
The unployment rate fell because more workers have stopped looking for work.
Economist project we need to add 300,000+ new jobs per month to absorb the population growth and the 23 million unemployed or underemployed workers.
The Labor Force Participation Rate (% of the population between age 16 - 65 that is working) fell to 63.6%, its lowest level since 1981. (http://data.bls.gov/timeseries/LNS11300000).
U6, the number of US workers that are unemployed or underemployed is now 14.5% (down from 15.5% in April 2011) and represents 23 million workers.
(http://economix.blogs.nytimes.com/2012/05/04/unemployment-beyond-the-rate/) (http://www.bls.gov/news.release/empsit.t15.htm)
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County Unemployment Rates thru March 2012, Not Seasonally Adjusted:
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US Unemployment Data for April, 2012
U6, 14.5% and 23 million workers cannot find full time work:
