Massachusetts Unemployment Rate Drops to 5.6%

The unemployment rate has dropped 1.4% since May of last year.

MA State House, Patch File Photo
MA State House, Patch File Photo

The Bureau of Labor Statistics (BLS) reported Thursday that Massachusetts’ total unemployment rate in May dropped to 5.6%, 0.4% from April’s rate. The national unemployment rate in May was 6.3%.

Massachusetts added 9,100 jobs in May and has added a net of 49,700 jobs since May 2013. Currently, Massachusetts jobs exceed both the April 2008 highpoint and the February 2001 pre-recession job level, BLS reported.

siobhan hullinger June 20, 2014 at 06:57 AM
The unemployment rate statistic is meaningless without the data showing what the comparison data of increase in employed. How many found new jobs, how many aren't counted anymore, how many retired, how many aren't looking for employment anymore and where is the comparison of the labor participation rates? Looks rosy until you look at the real data.
Joe Piantedosi June 20, 2014 at 07:17 AM
One other statistic we are not hearing about is the huge growth in families who are now on different forms of public assistance. They are not counted in this.
MHH101 June 20, 2014 at 07:51 AM
A mathematician, an accountant and an economist apply for the same job. The interviewer calls in the mathematician and asks "What do two plus two equal?" The mathematician replies "Four." The interviewer asks "Four, exactly?" The mathematician looks at the interviewer incredulously and says "Yes, four, exactly." Then the interviewer calls in the accountant and asks the same question "What do two plus two equal?" The accountant says "On average, four - give or take ten percent, but on average, four." Then the interviewer calls in the economist and poses the same question "What do two plus two equal?" The economist gets up, locks the door, closes the shade, sits down next to the interviewer and says "What do you want it to equal?"
ed goldstein June 20, 2014 at 11:55 AM
no thanks to mitt for sure
Tyler Jozefowicz June 24, 2014 at 09:19 PM
And all the Duval critics have their mouths shut. All of a sudden, MA unemployment is not important, when it goes down below 6% except when it goes up and they claim Duval did it. I could name names , but if you follow the Patch you can pretty much pick out the phonies.


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