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MA December Unemployment Rate Drops to 5.5% from 5.8%; 10,900 Jobs in Dec.

 
Massachusetts adds 10,900 jobs in December
Unemployment Rate Drops to 5.5%
 

BOSTON, MA - January 22, 2015 ---  The Executive Office of Labor and Workforce Development (EOLWD) today reported that preliminary estimates from the Bureau of Labor Statistics (BLS) show Massachusetts added 10,900 jobs in December for a total preliminary estimate of 3,447,600.  The December total unemployment rate was 5.5 percent, down 0.3 of a percentage point over the month.

Since December 2013, Massachusetts has added a net of 60,900 jobs; with 58,400 jobs added in the private sector. The total unemployment rate for the year is down 1.6 percent from the December 2013 rate of 7.1 percent.

BLS also revised its November job estimate to an 11,700 job gain from the 13,500 gain previously reported for the month.