Massachusetts Jobless Rate Dips in October

The labor-force participation rate over the year has increased by 0.8% compared to October 2016.

The unemployment rate remains the same at 3.9 percent, according to the Department of Workforce.

The state's unemployment rate has dropped for the second month in a row.

Nationally, the unemployment rate is 4.1 percent.

The U.S. preliminary unemployment rate of 4.1 percent for October was little changed from 4.2 percent for September and down from 4.8 percent one year ago.

Unemployment fell for the sixth straight month in Louisiana, but payrolls moved in the wrong direction in October. Private sector jobs decreased by 1,700 from the previous month. Jobs were down in eight of the 11 supersectors.

Job gains were reported in sectors including educational and health services, leisure and hospitality, financial activities, professional and business services, other services, and trade, transportation and utilities.

From October 2016 to October 2017, BLS estimates MA has added 69,000 jobs. Six supersectors in the commonwealth added jobs over the year.

The biggest decrease was in manufacturing, with 3,600 fewer jobs posted.

  • Anthony Vega