Massachusetts unemployment rate 2016

What was the national unemployment rate in 2016?

4.7 percent

What is the unemployment rate for Massachusetts?

Massachusetts

Data Series June 2020 Sept 2020
Unemployment Rate (2) 17.7 9.8
Nonfarm Wage and Salary Employment
Total Nonfarm(3) 3,171.7 3,341.5
12-month % change -14.1 -9.5

What was the national unemployment rate in 2015?

National unemployment declined by 1.0 million during the year, to 7.9 million in the fourth quarter of 2015. The decrease was about half that experienced the previous year. The unemployment rate declined by 0.7 percentage point over the year, to 5.0 percent in the fourth quarter of 2015.

What was the unemployment rate in November 2016?

4.6 percent

Is US unemployment at an all time low?

The household survey finds that the unemployment rate fell to 3.5 percent in September, marking the 19th consecutive month at or below 4 percent unemployment . The unemployment rate is the lowest it has been since May 1969—over 50 years ago. All Americans are benefiting from the labor market’s continued improvement.

Why is unemployment so low in the US?

Unemployment is at a 50-year low . The low rate is not from an unusually high job-finding rate out of unemployment but, rather, an unusually low rate at which people enter unemployment . The low entry rate reflects a long-run downward trend likely due to population aging, better job matches, and other structural factors.

Why is Ma unemployment so high?

Since the beginning of the coronavirus pandemic, Massachusetts has led the way in unemployment — with the highest unemployment rate in the country for the month of June, according to new federal data. “ Massachusetts had a higher employment rate, which means we were booming, very strong , lots of jobs,” Freeman said.

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Will Ma extend unemployment benefits?

An individual will be able to receive Pandemic Emergency Unemployment Compensation (PEUC) for up to 13 weeks of additional unemployment benefits . The extension ends December 31, 2020, unless extended further by the federal government.

Does Massachusetts have the highest unemployment rate?

The state’s jobless rate is nearly 6 percentage points higher than the national average. (US unemployment fell to 8.4 percent in August; the Massachusetts figure for last month will be released Friday.)

What was black unemployment rate in 2015?

Unemployment rate of workers age 16 and older by race, 1995–2018

Year White Black
2014 4.88% 11.51%
2015 4.16% 9.66%
2016 3.96% 8.50%
2017 3.53% 7.57%

What is the current unemployment rate 2020?

6.9 percent

What is the lowest unemployment rate in the US history?

The unemployment rate fell to 3.6 percent , the Labor Department said Friday, the lowest since 1969. The official unemployment rate has been at or below 4 percent for more than a year.

What was the unemployment rate in December 2016?

4.7 percent

What was the national unemployment rate in 2019?

3.5 percent

What was the unemployment rate in January 2016?

4.9 percent

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