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April 18, 2013

Mass. jobless rate falls to 6.5 percent

The unemployment rate in Massachusetts dropped to 6.5 percent in February and the office of Labor and Workforce Development says the state has now regained all the jobs lost during the recession.

Last month's jobless rate fell two-tenths of a percentage point from January and initial estimates showed a gain of 500 jobs in February.

Officials also released revised estimates from the federal Bureau of Labor Statistics showing that 19,800 jobs were created in Massachusetts in January, about 2,800 more than initially estimated.

With those new numbers, Massachusetts now has about 14,000 more jobs than at the start of the recession in April 2008.

The state's unemployment rate remains more than a full point below the national rate, which fell to a four-year low of 7.7 percent in February.

New Hampshire's monthly unemployment rate for March is 5.7 percent, a slight decrease from February.

The state Employment Security bureau says the seasonally adjusted unemployment rate for February was 5.8 percent.

The March 2012 seasonally adjusted rate for New Hampshire was 5.3 percent.

The national rate for the month was 7.6 percent, a decrease of 0.1 percentage points from the February rate.

The number of employed residents in New Hampshire this past March was 701,950 an increase of 20 from the previous month and a decrease of 680 from March 2012. The number of unemployed residents decreased by 360 over the month, to 42,680. This was 3,150 more unemployed than in March 2012.

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