View highlights from today’s Massachusetts Jobs Update below:
- Massachusetts added 16,100 jobs in January, the state’s largest monthly job gain since July 2011. This follows a revised December employment gain of 8,700, an increase of 1,200 jobs more than was initially reported. Massachusetts’ revised 2012 job growth total (Dec. ’11 – Dec. 12) is 49,400, or 2,200 jobs fewer than previously reported.
- Massachusetts’ January unemployment rate remained at 6.7% for the fourth consecutive month under revised unemployment data. The statewide rate continues to be well below the U.S. rate of 7.9%.
- Seven of 12 state regions added jobs in January, led by the addition of 1,500 jobs in the Greater Boston region. Ten of 12 regions added jobs year-over-year, under revised data, with the largest percentage gains in Cape Cod, North Shore, and Merrimack Valley regions, respectively.
- The Professional & Business Services sector posted the largest monthly private sector job gain (+5,100 jobs) at the state level in January, followed by Leisure & Hospitality (+3,300), and Construction (+2,400) and Trade, Transportation & Utilities (+2,400). No private industry sector shed jobs in January.