Mass. adds jobs, sees unemployment rate drop to 6.5%

BOSTON – The Mass. Bureau of Labor Statistics’ preliminary March 2012 estimates show that Massachusetts added 8,700 jobs over the month, for a total of 3.24 million jobs in the state. More

To continue reading this article, please do one of the following.



RHODE ISLAND & MASSACHUSETTS NEWS BRIEFS

Mass. adds jobs, sees unemployment rate drop to 6.5%

Posted 4/30/12

BOSTON – The Mass. Bureau of Labor Statistics’ preliminary March 2012 estimates show that Massachusetts added 8,700 jobs over the month, for a total of 3.24 million jobs in the state.

The March job gain follows a revised 7,200-job gain in February. The total unemployment rate dropped to 6.5 percent, 0.4 percentage points below the February rate of 6.9 percent and below the national rate of 8.2 percent.

According to a news release, the private sector added 8,900 jobs in March. Five of the 10 private sectors added jobs. The largest gains occurred in professional, scientific and business services; trade, transportation and utilities; and education and health services.

According to the bureau, Massachusetts has added 29,800 jobs since the beginning of 2012. The private sector added 31,200 jobs, with losses coming in the government sector. Compared with March 2011, Massachusetts added 30,300 jobs; the private sector added 34,600 jobs.

Compared with February, 11,900 fewer residents were unemployed and 7,400 more residents were employed. The number of employed residents is the highest since January 2009. Since the unemployment rate peaked at 8.7 percent in October 2009, there are 67,100 more residents employed and 74,900 fewer residents unemployed. •

Calendar
PBN Hosted
Events

Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement