Massachusetts Unemployment Rate
Level Chart
Basic Info
|
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. Massachusetts Unemployment Rate is at 7.40%, compared to 9.80% last month and 2.80% last year. This is higher than the long term average of 5.60%. |
| Report | Regional and State Employment and Unemployment |
| Category | Employment |
| Region | Massachusetts |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 7.40% |
| Latest Period | Oct 2020 |
| Last Updated | Nov 20 2020, 10:30 EST |
| Next Release | Dec 18 2020, 10:30 EST |
| Long Term Average | 5.60% |
| Average Growth Rate | 6.36% |
| Value from 1 Year Ago | 2.80% |
| Change from 1 Year Ago | 164.3% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Download |
Historical Data
| Date | Value |
|---|---|
| October 31, 2020 | 7.40% |
| September 30, 2020 | 9.80% |
| August 31, 2020 | 11.40% |
| July 31, 2020 | 16.20% |
| June 30, 2020 | 17.70% |
| May 31, 2020 | 16.60% |
| April 30, 2020 | 16.20% |
| March 31, 2020 | 2.80% |
| February 29, 2020 | 2.80% |
| January 31, 2020 | 2.80% |
| December 31, 2019 | 2.80% |
| November 30, 2019 | 2.80% |
| October 31, 2019 | 2.80% |
| September 30, 2019 | 2.80% |
| August 31, 2019 | 2.80% |
| July 31, 2019 | 2.90% |
| June 30, 2019 | 2.90% |
| May 31, 2019 | 2.90% |
| April 30, 2019 | 3.00% |
| March 31, 2019 | 3.00% |
| February 28, 2019 | 3.10% |
| January 31, 2019 | 3.10% |
| December 31, 2018 | 3.10% |
| November 30, 2018 | 3.20% |
| October 31, 2018 | 3.20% |
| Date | Value |
|---|---|
| September 30, 2018 | 3.30% |
| August 31, 2018 | 3.30% |
| July 31, 2018 | 3.30% |
| June 30, 2018 | 3.40% |
| May 31, 2018 | 3.40% |
| April 30, 2018 | 3.50% |
| March 31, 2018 | 3.50% |
| February 28, 2018 | 3.50% |
| January 31, 2018 | 3.60% |
| December 31, 2017 | 3.60% |
| November 30, 2017 | 3.70% |
| October 31, 2017 | 3.70% |
| September 30, 2017 | 3.70% |
| August 31, 2017 | 3.80% |
| July 31, 2017 | 3.80% |
| June 30, 2017 | 3.80% |
| May 31, 2017 | 3.80% |
| April 30, 2017 | 3.80% |
| March 31, 2017 | 3.80% |
| February 28, 2017 | 3.80% |
| January 31, 2017 | 3.80% |
| December 31, 2016 | 3.80% |
| November 30, 2016 | 3.80% |
| October 31, 2016 | 3.70% |
| September 30, 2016 | 3.70% |
Basic Info
|
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. Massachusetts Unemployment Rate is at 7.40%, compared to 9.80% last month and 2.80% last year. This is higher than the long term average of 5.60%. |
| Report | Regional and State Employment and Unemployment |
| Category | Employment |
| Region | Massachusetts |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 7.40% |
| Latest Period | Oct 2020 |
| Last Updated | Nov 20 2020, 10:30 EST |
| Next Release | Dec 18 2020, 10:30 EST |
| Long Term Average | 5.60% |
| Average Growth Rate | 6.36% |
| Value from 1 Year Ago | 2.80% |
| Change from 1 Year Ago | 164.3% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Download |