According to the Massachusetts Executive Office of Labor and Workforce Development, area unemployment rates, not adjusted for seasonality, were higher in all twenty-two of the Commonwealth's labor markets in November. Over 3,000 new Boston jobs were created in the fall.

Statewide, the seasonally unadjusted unemployment rate was at 5.5 percent for November, up from 5.0 percent in October. Over the year, the rates were up in all areas. The labor market area estimates for both the unemployment rates and jobs are not adjusted for seasonality and may show different trends than the statewide seasonally adjusted estimates.

The Boston-Cambridge-Quincy, Framingham and Peabody labor market areas recorded over the month job gains in November. Jobs were unchanged in four of the twelve areas for which job estimates are published, while the remaining five areas posted job losses over the month. Over the year, the Boston-Cambridge-Quincy and Framingham areas have added jobs.

The statewide seasonally adjusted November 2008 unemployment rate released last week rose to 5.9 percent from the 5.5 percent rate in October. Statewide the seasonally adjusted jobs estimate for November showed a loss over the month and over the year. The Massachusetts unemployment rate was eight tenths of a percentage point lower than the national rate, which rose from 6.5 percent in October to 6.7 percent in November. The Massachusetts rate has been below the national rate each month since June 2007.

Labels: Boston Jobs