Massachusetts Unemployment Rate (I:MUR03)
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. |
Report | Regional and State Employment and Unemployment |
Categories | Employment , Hours and Wages |
Region | Massachusetts |
Source | Bureau of Labor Statistics |
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
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. |
Report | Regional and State Employment and Unemployment |
Categories | Employment , Hours and Wages |
Region | Massachusetts |
Source | Bureau of Labor Statistics |
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 |