Level Chart

Basic Info

Massachusetts Unemployment Rate is at 4.00%, compared to 3.90% last month and 3.30% last year. This is lower than the long term average of 5.47%.

The Massachusetts Unemployment Rate measures the total number of employees in Massachusetts that are a part of the labor force, but are without a job. Unemployment rates can be a good gauge for how the economy is performing in a particular region. Historically, the Massachusetts Unemployment Rate reached as low as 2.6% in 2002. Additionally, this rate stays relatively correlated to the overall US unemployment rate.

Stats

Last Value 4.00%
Latest Period Nov 2024
Last Updated Dec 20 2024, 10:35 EST
Next Release Jan 28 2025, 10:30 EST
Long Term Average 5.47%
Average Growth Rate 4.72%
Value from Last Month 3.90%
Change from Last Month 2.56%
Value from 1 Year Ago 3.30%
Change from 1 Year Ago 21.21%
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted
Download Source File Upgrade

Historical Data

View and export this data back to 1976. Upgrade now.
Date Value
November 30, 2024 4.00%
October 31, 2024 3.90%
September 30, 2024 3.80%
August 31, 2024 3.70%
July 31, 2024 3.50%
June 30, 2024 3.20%
May 31, 2024 3.00%
April 30, 2024 2.90%
March 31, 2024 2.90%
February 29, 2024 2.90%
January 31, 2024 3.00%
December 31, 2023 3.20%
November 30, 2023 3.30%
October 31, 2023 3.40%
September 30, 2023 3.30%
August 31, 2023 3.30%
July 31, 2023 3.20%
June 30, 2023 3.30%
May 31, 2023 3.30%
April 30, 2023 3.20%
March 31, 2023 3.50%
February 28, 2023 3.60%
January 31, 2023 3.50%
December 31, 2022 3.50%
November 30, 2022 3.60%
Date Value
October 31, 2022 3.70%
September 30, 2022 3.60%
August 31, 2022 3.70%
July 31, 2022 3.60%
June 30, 2022 3.60%
May 31, 2022 3.70%
April 30, 2022 3.60%
March 31, 2022 3.60%
February 28, 2022 3.80%
January 31, 2022 3.90%
December 31, 2021 3.90%
November 30, 2021 4.20%
October 31, 2021 4.60%
September 30, 2021 4.80%
August 31, 2021 5.20%
July 31, 2021 5.50%
June 30, 2021 5.80%
May 31, 2021 5.80%
April 30, 2021 6.30%
March 31, 2021 6.40%
February 28, 2021 6.70%
January 31, 2021 7.10%
December 31, 2020 7.70%
November 30, 2020 8.10%
October 31, 2020 8.60%

Basic Info

Massachusetts Unemployment Rate is at 4.00%, compared to 3.90% last month and 3.30% last year. This is lower than the long term average of 5.47%.

The Massachusetts Unemployment Rate measures the total number of employees in Massachusetts that are a part of the labor force, but are without a job. Unemployment rates can be a good gauge for how the economy is performing in a particular region. Historically, the Massachusetts Unemployment Rate reached as low as 2.6% in 2002. Additionally, this rate stays relatively correlated to the overall US unemployment rate.

Stats

Last Value 4.00%
Latest Period Nov 2024
Last Updated Dec 20 2024, 10:35 EST
Next Release Jan 28 2025, 10:30 EST
Long Term Average 5.47%
Average Growth Rate 4.72%
Value from Last Month 3.90%
Change from Last Month 2.56%
Value from 1 Year Ago 3.30%
Change from 1 Year Ago 21.21%
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted
Download Source File Upgrade