Read highlights from the Chamber’s Monthly Massachusetts Jobs Update below:
- Massachusetts added 300 jobs in July. This follows a revised June employment loss of 2,100 jobs – which is 4,900 jobs fewer than was initially reported. Overall, Massachusetts has added 15,900 jobs since December 2012.
- Massachusetts added 40,100 non-farm jobs year-over-year (July ’12 – July ’13), for a job growth rate of 1.2%, below the U.S. rate of 1.7%.
- Massachusetts’ July unemployment rate rose for the third consecutive month – increasing two-tenths of a percent to 7.2%, and remaining just below the U.S. rate of 7.4%. The state’s rate was up four-tenths of a percent from July 2012, and equaled the state’s highest unemployment rate since September 2011.
- Ten of 12 regions added jobs year-over-year with the largest percentage gains seen in the Cape Cod, Merrimack Valley, and Greater Boston regions, respectively.
- Leisure & Hospitality (+1,700) posted the largest monthly private sector job gain in July, followed by Trade Transportation & Utilities (+1,500), and Information (+800).
Regional Jobs Breakdown: