Boston unemployment unchanged
Posted on December 28, 2012
The Massachusetts Labor Dept. has said that Boston unemployment is unchanged, according to recent employment statistics.
About 1,100 jobs lost over the month, for a total of 3,258,000 jobs. The November job loss follows a revised gain of 11,900 jobs in October.
The total unemployment rate for November was unchanged at 6.6 percent. The unemployment rate was down 0.4 of a percentage point from the November 2011 rate of 7.0 percent. The three-month average seasonally adjusted total unemployment rate was 6.6 percent and the six-month average was 6.4 percent.
Trade, Transportation, and Utilities added 5,500 (+1.0%) jobs. Over the year, 12,300 (+2.2%) jobs were added with most of the growth in Retail Trade which gained 7,500 (+2.2%) jobs.
Education and Health Services gained 1,100 (+0.2%) jobs in November. Educational Services added 200 (+0.1%) jobs and Health Care and Social Assistance added 900 (+0.2%) jobs. Over the year, Education and Health Services gained 3,000 (+0.4%) jobs.
Other Services added 600 (+0.5%) jobs. Over the year, the sector gained 200 (+0.2%) jobs.
Information gained 500 (+0.6%) jobs over the month. Over the year, the sector added 3,900 (+4.7%) jobs.
Mining and Logging employment remained unchanged both over the month and over the year.
Leisure and Hospitality lost 4,000 (-1.3%) jobs over the month due to the losses in Accommodation and Food Services and Arts, Entertainment and Recreation. Over the year, Leisure and Hospitality has gained 4,100 (+1.3%) jobs due to gains in Accommodation and Food Services.
Manufacturing lost 2,600 (-1.0%) jobs over the month with losses in both components. Over the year Manufacturing has shed 600 (-0.2%) jobs.
Professional, Scientific, and Business Services lost 1,200 (-0.2%) jobs over the month. Over the year, the sector has added 24,200 (+5.1%) jobs with Professional, Scientific and Technical Services component generating 17,900 (+6.9%) jobs.
Construction lost 500 (-0.5%) jobs over the month. Over the year, jobs are down 2,200 (-2.1%).
Financial Activities lost 400 (-0.2%) jobs with losses in both components. Over the year, the sector has gained 1,700 (+0.8%) jobs.
Government lost 100 (0.0%) jobs over the month. Over the year, Government employment remained unchanged.