Community Corner
Question of the Day Topic: Unemployment Rate
The state's unemployment rate dropped to 7.4 percent this week.
On Thursday this week, the Massachusetts Office of Labor and Workforce Development announced that the state's unemployment rate dropped from 7.6 percent in July to 7.4 percent in August.
The announcement comes as good news for Massachusetts residents, as the rate remains much lower than the national unemployment rate of 9.1 percent.
In August, three of the 10 private sectors added jobs in Trade, Transportation and Utilities; Other Services; and Construction, according to the Massachusetts Office of Labor and Workforce Development. Moreover, the August job loss follows a revised 10,400 job gain in July, previously reported as a 12,700 job gain.
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