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 6.70% 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 | Dec 2020 |
Last Updated | Jan 26 2021, 10:38 EST |
Next Release | Mar 15 2021, 10:30 EDT |
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 |
---|---|
December 31, 2020 | 7.40% |
November 30, 2020 | 6.70% |
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% |
Date | Value |
---|---|
November 30, 2018 | 3.20% |
October 31, 2018 | 3.20% |
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% |
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 6.70% 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 | Dec 2020 |
Last Updated | Jan 26 2021, 10:38 EST |
Next Release | Mar 15 2021, 10:30 EDT |
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 |