Massachusetts Unemployment Rate Drops to 5.5%

Massachusetts Unemployment Rate Drops to 5.5%
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The Massachusetts unemployment rate dropped 0.1 percentage points to 5.5 percent in June, according to preliminary data released by the state this morning.

The state said Massachusetts added 3,700 jobs in June and the rate is the lowest since August 2008.

By sector:

  • Education and Health Services gained 6,000 (+0.8%) jobs over the month. Over the year, Education and Health Services gained 20,700 (+2.8%) jobs.
  • Trade, Transportation and Utilities added 900 (+0.2%) jobs over the month. Over the year, Trade, Transportation, and Utilities gained 10,000 (+1.8%) jobs.
  • Financial Activities had no change in its jobs level over the month. Over the year, Financial Activities added 1,100 (+0.5%) jobs.
  • Manufacturing lost 1,100 (-0.4%) jobs over the month. Over the year, Manufacturing lost 1,600 (-0.6%) jobs.
  • Construction lost 900 (-0.7%) jobs over the month. Over the year, Construction has added 800 (+0.7%) jobs.
  • Leisure and Hospitality lost 900 (-0.3%) jobs over the month. Over the year, Leisure and Hospitality added 1,900 (+0.6%) jobs.
  • Other Services lost 900 (-0.7%) jobs over the month. Over the year, Other Services jobs are up 2,300 (+1.9%) jobs.
  • Information lost 100 (-0.1%) jobs over the month. Over the year, Information gained 4,300 (+5.0%) jobs.
  • Professional, Scientific and Business Services lost 100 (0.0%) jobs over the month. Over the year, Professional, Scientific and Business Services added 9,800 (+1.9%) jobs.
  • Government added 900 (+0.2%) jobs over the month. Over the year, Government lost 500 (-0.1%) jobs.

Here’s the full release from the state.

Meanwhile, here are some headlines, with links, about companies hiring, or planning to hire soon, in Greater Boston:

Looking back a little farther:

Here are recent companies hiring in Massachusetts:

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