The Massachusetts unemployment rate for February, the most recent month for which data is available, inched up from January’s rate, according to the Executive Office of Labor and Workforce Development (EOLWD).
Massachusetts Unemployment Rate Edges Higher
The February jobless rate was 4.8 percent, up slightly from January’s 4.7 percent. The state’s jobless rate for February 2025 was 4.3 percent.
The Massachusetts unemployment rate is always a month behind the national rate, which was 4.4 percent for March.
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Job Growth Streak Comes to an End
The EOLWD said preliminary data indicate that “payroll jobs decreased by 7,200 for the month, following a revised increase of 2,000 in January.” Massachusetts “added payroll jobs for four consecutive months.”
The preliminary data also showed that the “labor force participation rate decreased slightly to 66 percent from a revised January rate of 66.2 percent.”…