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June 14, 2012

Mass. Unemployment Drops To 6%

The Bay State added 7,500 jobs in May, dropping the unemployment rate to 6 percent, according to the Massachusetts Executive Office of Labor and Workforce Development and U.S. Bureau of Labor Statistics (BLS).

That's well below the nation's rate of 8.2 percent and 0.3 percentage points lower than April's jobless rate for the state, when 1,700 jobs were gained.

The BLS reported that Massachusetts added 6,700 private sector jobs in May, with the largest gains in professional, scientific and business services (6,000 jobs), followed by growth in trade, transportation and utilities (2,700); other services (1,100); information (700); education and health services (200); and manufacturing (100). Government gained 800 jobs.

It was the 11th straight month of gains for the professional, scientific and business services sector, which has added 26,000 jobs in the past year.

Most losses for the month were in leisure and hospitality (2,300) and construction (1,700).

So far this year, Massachusetts has added 37,800 jobs.

Image courtesy of FreeDigitalPhotos.net.

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