Massachusetts adds 10,900 jobs in December

Massachusetts adds 10,900 jobs in December

According to a January 22, 2015 statement from the Massachusetts Executive Office of Labor and Workforce Development (EOLWD), there were 10,900 jobs added in Massachusetts in December. The EOLWD based these figures on early estimates provided by the Federal Bureau of Labor Statistics (BLS).

The largest number of jobs added in December was in the leisure and hospitality sector with 4,700 jobs added. Other significant sectors with jobs added in December were scientific and business services as well as education and health services, adding 2,700 and 2,200 jobs respectively. In addition, there were 2,300 jobs added by the government in December. There were also significant numbers of jobs added in construction, transportation, and utilities, which added 600, 300 and 200 jobs, respectively.

However, the news was not all positive as the financial activities sector lost 800 jobs, and the manufacturing and information sectors each lost 700 jobs.

The EOLWD also reported in their recent statement that the state’s unemployment rate decreased to 5.5 percent in December, which was 0.3 of a percentage point less than the November unemployment rate. The December 2014 estimates provided by the BLS indicated that 194,900 Massachusetts residents were unemployed while 3,371,500 residents were employed, representing a cumulative labor force of 3,566,400 residents. This total labor force was estimated to be approximately 83,300 more than the December 2013 BLS estimation of 3,483,100, with 51,400 less residents unemployed and 134,700 more residents employed. In addition, BLS amended their November job estimate to show a gain of 11,700 jobs rather than the 13,500 formerly reported for November.

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