Mass. lost jobs in June, but labor force dropouts kept unemployment low
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The Massachusetts leisure and hospitality industry gained 600 jobs in June.
The statewide unemployment rate in Massachusetts remained low in June, dropping by two-tenths of a percentage point since May.
The unemployment rate was 2.6% in June, down from May’s rate of 2.8%, according to the Executive Office of Labor and Workforce Development. This places the Massachusetts unemployment rate one full point lower than the national rate of 3.6%, reported by the U.S. Bureau of Labor Statistics in a Friday press release by EOLWD.
Massachusetts lost 4,500 jobs overall in June, but the labor force decreased by 7,400 as people exited the workforce, according to BLS.
The biggest gains in jobs were seen in the financial activities sector and professional, scientific and business services sectors, which each saw a gain of 1,000 jobs in June. The leisure and hospitality industries continued to beef up its workforce entering the summer season, adding 600 jobs in June.
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