Mass. August unemployment rate drops to 3.9%

The last time the state’s unemployment rate was 3.9% was in August 2001

CHICOPEE, Mass. (WWLP) – Massachusetts total unemployment rate has dropped to 3.9% in August from 4.1% in July.

The Executive Office of Labor and Workforce Development reported on Thursday that preliminary estimates show Massachusetts gained 5,900 jobs over the month.

The last time the state’s unemployment rate was 3.9% was in August 2001.

The unemployment rate is down 0.9% from August 2015 when it was 4.8%. There were 30,300 fewer unemployed residents and 73,000 more employed residents over the year, compared to August 2015.

Massachusetts’ unemployment rate is lower than the national rate of 4.9%, reported by the Bureau of Labor Statistics.

From December 2015 to August 2016, Massachusetts has added 61,000 jobs.

In August, the largest job gains occurred in the Leisure and Hospitality, Education and Health Services, and Other Services sectors. Over the year, the largest private sector job gains were in Construction, Leisure and Hospitality, Professional, Scientific and Business Services, and Education and Health Services.

August 2016 employment overview:

  • Leisure and Hospitality– gained 2,200 jobs over the month; 10,400 jobs added over the year
  • Education and Health Services– gained 1,200 jobs over the month; 20,200 jobs gained over the year
  • Other Services– 1,100 jobs added over the month; over the month; 800 jobs added over the year
  • Construction– 900 jobs added over the month; 11,700 jobs gained over the year
  • Information– 900 jobs added over the month; 1,200 jobs added over the year
  • Financial Activities– 700 jobs added over the month; 3,200 jobs added over the year
  • Trade, Transportation and Utilities– 700 jobs gained over the month; 2,600 jobs added over the year
  • Manufacturing– 600 jobs added over the month; 100 jobs lost over the year
  • Professional, Scientific and Business Services- 1,400 jobs lost over the month; 15,300 jobs added over the year
  • Government– 1,000 jobs lost; 2,800 jobs gained over the year

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