BOSTON (WWLP) – The Massachusetts unemployment rate is at a fifteen year low. The state jobless rate fell to 3.3% in October, down from 3.6% in September. Massachusetts Labor Secretary Ronald Walker told 22News the state is working to connect the unemployed with job training to meet the industry demands.
“We’re starting to see more people being employed, more people gaining the skills and we think we’re making a dent in the unemployment rate as a well as a number of people who are working,” said Walker.
Although the statewide jobless rate is declining, many urban communities and people of color are still struggling to find work. The October jobs report shows that more than 117,000 Massachusetts residents have no job.
Nathalie Gauthier of State Street Corporation said, “It’s about training and preparation. It’s about just venturing off into all the spectrums of career possibilities. It’s about the fact that even the industry has been changing.”
The health care and IT industries are growing, and these careers require a specific skill set.
The latest jobs report also shows that 5,500 Massachusetts residents lost their jobs in October.