November Unemployment Rate Drops to 2.9%
The state’s total unemployment rate dropped to 2.9% in November, marking the fifth consecutive month the rate declined, the Executive Office of Labor and Workforce Development reported Thursday. The last time the state’s unemployment rate was at 2.9% was in January 2001. The unemployment rate in October was 3.3%. In November, preliminary estimates from the Bureau of Labor Statistics indicate Massachusetts added 5,800 jobs over the month. BLS slightly revised the October job estimates, reporting the state loss 5,400 jobs as opposed to the previously reported 5,500 job loss estimate. Year-to-date, December ...
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