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MA Unemployment Rate 6% for Oct; US Nov Payrolls Grew 321,000 Jobs, Nov Unemployment Rate 5.8%

U.S. Payrolls in November Grew 321,000; Jobless Rate 5.8%

Economy on Track to Record Strongest Year of Job Creation in 15 Years

 
Average hourly earnings for private-sector workers rose 9 cents from October, to $24.66. That was a 2.1% gain from a year earlier, up a hair from the 2% annual trend of recent months but largely in line with the postrecession trend. In addition, weekly earnings got a boost from a slightly longer workweek: 34.6 hours in November, up from a revised 34.5 hours in October.
 
A broader version of the unemployment rate, which includes involuntary part-time workers and people marginally attached to the labor force, was 11.4% last month, down from 11.5% in October and 13.1% in November 2013.
 
http://online.wsj.com/articles/u-s-payrolls-in-november-grew-321-000-jobless-rate-5-8-1417786322?mod=WSJ_hp_LEFTTopStories
 
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MA Added 1,200 Jobs in October, Unemployment Rate Remained at 6% 

(MA reports one month behind US reports)
 

Since October 2013, Massachusetts has added a net of 52,600 jobs; with 50,400 jobs added in the private sector. The total unemployment rate for the year is down 1.2 percent from the October 2013 rate of 7.2 percent.

http://lmi2.detma.org/Lmi/News_release_state.asp
 
 
 
 
http://lmi2.detma.org/lmi/lmi_graph.asp