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Boston Unemployment

Sunday, June 3, 2012

Boston Unemployment Rate Steady

At 5.5 percent, Boston's unemployment rate is below the 5.9 percent statewide rate.

  Massachusetts' unemployment rate, already significantly lower than the national average, dropped again in April, according to figures released by the state's Executive Office of Labor and Workforce Development. The April rate was 5.9 percent, down half a percentage point from March's 6.4 percent mark. Massachusetts gained nearly 19,000 jobs in that time. Most cities and towns in the state experienced drops in their local unemployment numbers, released Tuesday by Workforce Development. Some locations, like Cambridge and Arlington, are well below 4 percent, while others, like Chelsea and Revere, remain mired at 7 percent or higher. Boston numbers are not broken out by neighborhood, but the city as a whole held steady at 5.5 percent. That …

Saturday, April 21, 2012

Boston's Unemployment Rate Continues to Fall

The state's city-to-city unemployment rates for February 2012.

  The national unemployment rate has been a hot topic since the start of the Great Recession. At 6.9 percent, Massachusetts as a whole has a lower unemployment rate than the nation (8.3 percent). The rates have been dropping at an excrutiatingly slow pace, which is good news. But the national and state level rates don't tell the whole story. Unemployment numbers for cities and towns are the last figures released for a given month. While we know Massachusetts' March unemployment rate, we only have February numbers for cities and towns.  The chart below has the February unemployment numbers for Boston and the surrounding communities. Boston has an average unemployment rate in the region at 6.6 percent, more or less in line with state numbers…

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