Level Chart

Basic Info

Massachusetts Unemployment Rate is at 2.60%, compared to 2.50% last month and 3.90% last year. This is lower than the long term average of 5.52%.

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 2.60%
Latest Period Aug 2023
Last Updated Sep 19 2023, 10:33 EDT
Next Release Oct 20 2023, 10:30 EDT
Long Term Average 5.52%
Average Growth Rate 3.95%
Value from Last Month 2.50%
Change from Last Month 4.00%
Value from 1 Year Ago 3.90%
Change from 1 Year Ago -33.33%
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
August 31, 2023 2.60%
July 31, 2023 2.50%
June 30, 2023 2.60%
May 31, 2023 2.80%
April 30, 2023 3.10%
March 31, 2023 3.50%
February 28, 2023 3.70%
January 31, 2023 3.50%
December 31, 2022 3.70%
November 30, 2022 3.70%
October 31, 2022 3.80%
September 30, 2022 3.70%
August 31, 2022 3.90%
July 31, 2022 3.70%
June 30, 2022 3.70%
May 31, 2022 3.70%
April 30, 2022 3.70%
March 31, 2022 3.70%
February 28, 2022 3.90%
January 31, 2022 4.00%
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%
Date Value
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%
January 31, 2020 3.00%
December 31, 2019 2.90%
November 30, 2019 2.90%
October 31, 2019 2.90%
September 30, 2019 3.00%
August 31, 2019 3.00%
July 31, 2019 3.00%

Basic Info

Massachusetts Unemployment Rate is at 2.60%, compared to 2.50% last month and 3.90% last year. This is lower than the long term average of 5.52%.

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 2.60%
Latest Period Aug 2023
Last Updated Sep 19 2023, 10:33 EDT
Next Release Oct 20 2023, 10:30 EDT
Long Term Average 5.52%
Average Growth Rate 3.95%
Value from Last Month 2.50%
Change from Last Month 4.00%
Value from 1 Year Ago 3.90%
Change from 1 Year Ago -33.33%
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted
Download Source File Upgrade