What is current unemployment rate in Massachusetts?
5.0 percent
Boston, MA — The state’s August total unemployment rate increased by one-tenth of a percentage point at 5.0 percent, the Executive Office of Labor and Workforce Development announced Friday.
What is the unemployment rate in Massachusetts for January 2021?
7.8 percent
The state’s January total unemployment rate is down 0.6 percentage points at 7.8 percent, the Executive Office of Labor and Workforce Development announced Friday.
What is the unemployment rate in Boston Massachusetts?
Boston-Cambridge-Quincy, MA-NH
Data Series | Apr 2021 | May 2021 |
---|---|---|
Unemployment Rate(2) | 5.4 | 4.6 |
Nonfarm Wage and Salary Employment | ||
Total Nonfarm(3) | 2,611.5 | 2,631.3 |
12-month % change | 11.9 | 10.7 |
Does Massachusetts extend unemployment?
The DUA has implemented the extensions approved under the ARP and additional benefits will continue until the week ending on September 4, 2021. PUA claimants may now receive up to 79 weeks of benefits and PEUC claimants can get up to 53 weeks.
What is the unemployment rate in Massachusetts in March 2021?
6.8 percent
The state’s March total unemployment rate is down 0.2 percentage points at 6.8 percent following a revision to the February unemployment rate of 7.0 percent, the Executive Office of Labor and Workforce Development announced Friday.
What is the unemployment rate in New York?
7.4%
New York’s unemployment rate between July and August fell from 7.6% to 7.4% and the economy added 28,000 jobs in the private sector, the state Department of Labor announced on Thursday.
How long is the extra 300 for unemployment in Massachusetts?
Federal Pandemic Unemployment Compensation (FPUC) Provided individuals who are collecting benefits as described above with an additional $300 per week from 12/27/2020 through 9/4/2021.
What is the highest unemployment rate in US history?
The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it reached notable peaks of 10.8% in November 1982 and 14.7% in April 2020.
What is the unemployment rate in the US 2021?
According to the economic projections of the Federal Reserve, the unemployment rate in the US will average at 4.5% by the end of 2021 and pursue its fall in 2022 and 2023, reaching 3.8% and 3.5% levels correspondingly.
Which state has the highest unemployment rate?
Unemployment rate by jurisdiction
Rank | Rank (50 states) | State federal district or territory |
---|---|---|
1 | — | American Samoa |
— | — | Northern Mariana Islands |
2 | — | Puerto Rico |
3 | 1 | Nevada |
What US state has the lowest unemployment rate?
Nebraska and Utah had the lowest jobless rates, 2.0 percent and 2.4 percent, respectively.
What is the unemployment rate in Massachusetts?
The national unemployment rate held steady at 6.7% . The coronavirus pandemic has hit the Massachusetts economy hard, with the state losing an estimated 335,400 jobs since December 2019. Gov. Charlie Baker this announced an easing of coronavirus restrictions that were put in place in November as cases surged.
Which state has the lowest unemployment rate?
Vermont has the lowest unemployment rate in the US. Hawaii’s unemployment rate decreased from 3% in May 2019 to 2.7% in September 2019. The unemployment rate of the U.S. was 3.5% in September 2019.
What is Ma unemployment rate?
Additionally, this rate stays relatively correlated to the overall US unemployment rate. Massachusetts Unemployment Rate is at 2.90% , compared to 2.90% last month and 3.10% last year.
When was lowest unemployment rate in US?
Unemployment remained in the single digits until 1982 when it reached 10.8%. The annual unemployment rate reached 9.9% in 2009, during the Great Recession . The lowest unemployment rate was 1.2% in 1944.