BOSTON, MA – March 7, 2025 — The state’s January complete unemployment fee was 4.2 %, a 0.1 share level improve from the revised December estimate of 4.1 % , the Govt Workplace of Labor and Workforce Improvement introduced Friday. The Massachusetts unemployment fee was 0.2 share factors above the nationwide fee of 4.0 % reported by the Bureau of Labor Statistics (BLS). Over-the-year, the state’s seasonally adjusted unemployment fee was up by 0.5 share factors. The February unemployment and job estimates shall be launched on March 28, 2025.
The labor pressure elevated by an estimated 9,600 from the revised estimate of three,916,400 in December, with 6,800 extra residents employed and a couple of,900 extra residents unemployed over-the-month. The state’s labor pressure participation fee – the entire variety of residents 16 or older who labored or had been unemployed and actively sought work within the final 4 weeks – elevated by 0.2 share factors to 66.5 % from the revised estimate of 66.3% for December. In comparison with January 2024, the labor pressure participation fee elevated by 0.6 share factors over-the-year.
The BLS preliminary job estimates for Massachusetts elevated by 3,200 jobs in January. This follows December’s revised acquire of seven,000 jobs. The biggest over-the-month personal sector job features had been in Leisure and Hospitality, Monetary Actions, and Different Providers. Employment now stands at 3,725,400. Massachusetts gained 668,600 jobs because the employment low in April 2020.
From January 2024 to January 2025, BLS estimates Massachusetts gained 400 jobs. The biggest over-the-year features occurred in Training and Well being Providers, Leisure and Hospitality, and Authorities.
January 2025 Employment Overview
Leisure and Hospitality gained 4,000 jobs over-the-month. Over-the-year, 7,500 had been added.
Authorities gained 1,100 jobs over-the-month. Over-the-year, 5,400 had been added.
Monetary Actions gained 1,000 jobs over-the-month. Over-the-year, 800 had been added.
Manufacturing gained 400 jobs over-the-month. Over-the-year, 3,800 had been misplaced.
Different Providers gained 400 jobs over-the-month. Over-the-year, 700 had been misplaced.
Building gained 200 jobs over-the-month. Over-the-year, 6,700 had been misplaced.
Skilled, Scientific, and Enterprise Providers misplaced 200 jobs over-the-month. Over-the-year, 6,500 had been misplaced.
Commerce, Transportation, and Utilities misplaced 500 jobs over-the-month. Over-the-year, 3,700 had been misplaced.
Data misplaced 1,000 jobs over-the-month. Over-the-year, 3,100 had been misplaced.
Training and Well being Providers misplaced 2,200 jobs over-the-month. Over-the-year, 11,100 had been added.
Labor Power Overview
The January estimates present 3,761,200 Massachusetts residents had been employed and 164,900 had been unemployed, for a complete labor pressure of three,926,000. The unemployment fee at 4.2 % was 0.1 share level increased than the revised December fee of 4.1 %. Over-the-month, the January labor pressure elevated by 9,600 from 3,916,400 in December, with 6,800 extra residents employed and a couple of,900 extra residents unemployed. The labor pressure participation fee, the share of the working age inhabitants employed and unemployed, elevated by 0.2 share factors to 66.5 % from the revised estimate of 66.3% for December. The labor pressure was up 64,900 from the January 2024 estimate of three,861,100 following the annual revision, with 44,100 extra employed residents, and 20,900 extra unemployed residents.
The unemployment fee is predicated on a month-to-month pattern of households. The job estimates are derived from a month-to-month pattern survey of employers. In consequence, the 2 statistics could exhibit completely different month-to-month tendencies.
NOTES: The labor pressure is the sum of the numbers of employed residents and people unemployed, that’s, residents not working however actively searching for work within the final 4 weeks. Estimates could not add as much as the entire labor pressure as a result of rounding. For additional info on seasonal adjustment methodology, please consult with the Bureau of Labor Statistics web site https://www.bls.gov.
The preliminary February 2025 and revised January 2025 unemployment fee, labor pressure, and job estimates for Massachusetts shall be launched on Friday, March 28, 2025. See the 2025 Media Advisory for full record of launch dates.
Supply: Massachusetts Govt Workplace of Labor and Workforce Improvement
