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 9.80% last month and 2.80% last year. This is higher than the long term average of 5.60%.

Stats

Last Value 7.40%
Latest Period Oct 2020
Last Updated Nov 20 2020, 10:30 EST
Next Release Dec 18 2020, 10:30 EST
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
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Historical Data

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Date Value
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%
November 30, 2018 3.20%
October 31, 2018 3.20%
Date Value
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%
October 31, 2016 3.70%
September 30, 2016 3.70%

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 9.80% last month and 2.80% last year. This is higher than the long term average of 5.60%.

Stats

Last Value 7.40%
Latest Period Oct 2020
Last Updated Nov 20 2020, 10:30 EST
Next Release Dec 18 2020, 10:30 EST
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

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