BOSTON — Tuesday, November 24, 2009 – The Executive Office of Labor and Workforce Development reported that unemployment rates were lower in October than in September in twenty of the Commonwealth’s twenty two labor market areas. The Amherst, Lowell-Billerica-Chelmsford, Peabody and Leominster-Fitchburg-Gardner areas recorded the largest over the month unemployment rate declines. Two areas posted seasonal unemployment rate increases. Statewide, the seasonally unadjusted unemployment rate decreased from 9.3 percent in September to 8.4 percent in October.
In October job gains were recorded in eight of the Commonwealth’s twelve areas for which unadjusted job estimates were published. The Boston-Cambridge-Quincy area added the most jobs and had the highest over the month percentage increase in jobs. Job losses were recorded in four areas. Over the year, all of the labor areas recorded increases in unemployment rates and job losses.
Statewide the seasonally adjusted October 2009 unemployment rate, released last week, dropped from 9.3 percent in September to 8.9 percent in October. Statewide, the seasonally adjusted jobs estimate for October showed 900 job losses over the month. The unadjusted unemployment rates and jobs estimates for the labor markets may show different levels and trends than the statewide seasonally adjusted estimates.
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