MA loses 1,400 jobs in April

Read highlights below from this month’s Massachusetts Jobs Update:

April 2013 Jobs Data:
 
  • Massachusetts shed 1,400 jobs in April, the state’s third consecutive month of job loss.  This follows a March employment loss of 3,800, revised up from the job loss of 5,500 that was initially reported.  Overall, Massachusetts has added 12,900 jobs in the first four months of the year, driven by strong job growth in January.
  • Massachusetts added 46,200 non-farm jobs year-over-year (Apr. ’12 – Apr. ’13), for a job growth rate of 1.4%, slightly below the U.S. rate of 1.6%.
  • Massachusetts’ April unemployment rate held at 6.4% for the second consecutive month, and the state’s rate remained well below the U.S. rate of 7.5%.
  • Nine of 12 regions added jobs year-over-year with the largest percentage gains seen in the Cape Cod, North Shore, and Greater Boston regions, respectively.
  • Professional & Business Services (+4,500) posted the largest monthly private sector job gain in April, followed by Information (+900), Education & Health Services (+700), and Other Services (+200).