Massachusetts Unemployment Rate (I:MUR03)
Level Chart
Basic Info
|
Massachusetts Unemployment Rate is at 2.90%, compared to 2.90% last month and 3.50% last year. This is lower than the long term average of 5.49%. |
|
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. |
| Report | Regional and State Employment and Unemployment |
| Categories | Employment , Hours and Wages |
| Region | Massachusetts |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 2.90% |
| Latest Period | Mar 2024 |
| Last Updated | Apr 19 2024, 10:31 EDT |
| Next Release | May 17 2024, 10:30 EDT |
| Long Term Average | 5.49% |
| Average Growth Rate | 4.10% |
| Value from Last Month | 2.90% |
| Change from Last Month | 0.00% |
| Value from 1 Year Ago | 3.50% |
| Change from 1 Year Ago | -17.14% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| 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% |
| 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% |
| Date | Value |
|---|---|
| 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% |
| September 30, 2020 | 9.90% |
| August 31, 2020 | 10.60% |
| July 31, 2020 | 12.70% |
| June 30, 2020 | 14.40% |
| May 31, 2020 | 15.50% |
| April 30, 2020 | 17.10% |
| March 31, 2020 | 2.90% |
| February 29, 2020 | 2.90% |
Basic Info
|
Massachusetts Unemployment Rate is at 2.90%, compared to 2.90% last month and 3.50% last year. This is lower than the long term average of 5.49%. |
|
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. |
| Report | Regional and State Employment and Unemployment |
| Categories | Employment , Hours and Wages |
| Region | Massachusetts |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 2.90% |
| Latest Period | Mar 2024 |
| Last Updated | Apr 19 2024, 10:31 EDT |
| Next Release | May 17 2024, 10:30 EDT |
| Long Term Average | 5.49% |
| Average Growth Rate | 4.10% |
| Value from Last Month | 2.90% |
| Change from Last Month | 0.00% |
| Value from 1 Year Ago | 3.50% |
| Change from 1 Year Ago | -17.14% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Upgrade |