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 3.60%, compared to 3.50% last month and 5.50% last year. This is lower than the long term average of 5.58%.

Stats

Last Value 3.60%
Latest Period Aug 2022
Last Updated Sep 16 2022, 10:38 EDT
Next Release Oct 21 2022, 10:30 EDT
Long Term Average 5.58%
Average Growth Rate 4.68%
Value from Last Month 3.50%
Change from Last Month 2.86%
Value from 1 Year Ago 5.50%
Change from 1 Year Ago -34.55%
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted
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Historical Data

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Date Value
August 31, 2022 3.60%
July 31, 2022 3.50%
June 30, 2022 3.70%
May 31, 2022 3.90%
April 30, 2022 4.10%
March 31, 2022 4.30%
February 28, 2022 4.70%
January 31, 2022 4.80%
December 31, 2021 4.60%
November 30, 2021 4.80%
October 31, 2021 5.00%
September 30, 2021 5.10%
August 31, 2021 5.50%
July 31, 2021 5.70%
June 30, 2021 6.00%
May 31, 2021 5.90%
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%
Date Value
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%
June 30, 2019 3.00%
May 31, 2019 3.00%
April 30, 2019 3.10%
March 31, 2019 3.10%
February 28, 2019 3.20%
January 31, 2019 3.20%
December 31, 2018 3.10%
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%

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 3.60%, compared to 3.50% last month and 5.50% last year. This is lower than the long term average of 5.58%.

Stats

Last Value 3.60%
Latest Period Aug 2022
Last Updated Sep 16 2022, 10:38 EDT
Next Release Oct 21 2022, 10:30 EDT
Long Term Average 5.58%
Average Growth Rate 4.68%
Value from Last Month 3.50%
Change from Last Month 2.86%
Value from 1 Year Ago 5.50%
Change from 1 Year Ago -34.55%
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted
Download Source File Download