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Boston Jobs Increase During Five of Last Six Months

Posted on September 11, 2008

More Boston jobs are being added this year than the city saw last year, despite a rising national unemployment rate and declining economy.

The Boston-Cambridge-Quincy area has added jobs during five of the last six months, with employment from last year increasing by 1 percent in February, 1 percent in March, .9 percent in April, .8 percent in May, .8 percent in June and .8 percent in July. During July the area saw a total non-farm employment of 2,501,200, slightly lower than June’s employment of 2,529,200, according to the United States Department of Labor Bureau of Labor Statistics.

The area’s unemployment rate also decreased from 5 percent in June to 4.8 percent in July. The state’s unemployment rate decreased from 5.2 percent in June to 5.1 percent in July, and Massachusetts saw a total non-farm employment of 3,292,500, an increase of .4 percent from last year.

The city’s industries that increased during July include:

  • natural resources and mining by 9.1 percent
  • professional and business services by 1.9 percent
  • education and health services by 2.4 percent
  • leisure and hospitality by 1.9 percent
  • government by 1 percent

    • The industries that lost jobs include:

  • construction by 2.2 percent
  • manufacturing by 1.2 percent
  • trade, transportation and utilities by .1 percent
  • information by .3 percent
  • financial activities by .7 percent
  • other services by .2 percent

    • Statewide, according to a Massachusetts’ Executive Office of Labor and Workforce Development Division of Unemployment Assistance article, 10 of the state’s 12 labor markets saw job gains during July. Despite the national downward trend of the economy, the construction; trade, transportation and utilities; professional, scientific and business services and leisure and hospitality industries all saw job increases.

    The Boston-Cambridge-Quincy area added the most new jobs in July, and there have been more new jobs in Boston this year than last year.