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March 22, 2024

Mass. unemployment rate drops again in February

Five workers look at a piece of large equipment. Photo | Courtesy of Eversource Workers look at a drill which will help bore 90 holes in Framingham's surface as part of a clean energy project.

The Massachusetts unemployment rate in February fell for the second month in a row, after a slight uptick to end 2023.

The statewide unemployment rate was 2.9% in February, down from 3.0% in January, according to data released Friday by the Massachusetts Executive Office of Labor & Workforce Development. The February rate is below the 3.6% statewide rate from a year ago, in February 2023.

February’s slight dip following a similar one in January, where the unemployment rate dropped to 3.0% from 3.2% in December. That reversed the two-month trend where the unemployment rate rose from 2.8% in October to 3.2% in December, although all those numbers are near historic lows and below the unemployment rates from one year prior.

Massachusetts in February was a full percentage point below the national rate of 3.9%.

In Central Massachusetts, the unemployment rates rose slightly to start the year and in January ranged from 3.0% in Greater Framingham to 4.0% in the Leominster-Gardner metro region. The local unemployment rates for February are due to be released on April 3.

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