Mass. jobless rate holds steady at 6.7 percent
Massachusetts' unemployment rate held steady at 6.7 percent in January, and the state reported a rosier job creation picture for the last two years.
Bay State employers added 16,100 jobs in the first month of 2013, the state Executive Office of Labor and Workforce Development said today.
Revised figures from the U.S. Bureau of Labor Statistics for Massachusetts show the state's unemployment rate hovered between 6.6 percent and 6.8 percent throughout 2012. And during 2011 and 2012, the state added 92,800 jobs - 32,100 more than previously estimated.
"These new jobs number based on actual data make me more confident than ever that our investments in innovation, infrastructure and education are helping the commonwealth recover faster and stronger," said Labor and Workforce Development Secretary Joanne Goldstein, in a statement. "These jobs estimates show a steady job recovery and more continuous job growth compared to previously published estimates for 2011 and 2012."
Previous jobs estimates were based on surveys, while the updated job counts come from data collected from employers by the federal agency.
The unemployment report comes a day after the Federal Reserve said it found the Boston region's economy grew "slowly" in January and February, while most other districts across the nation saw continued moderate growth.
The U.S. unemployment rate stands at 7.9 percent, as of January. The national jobs report for February is due out tomorrow morning.
Massachusetts' unemployment rate peaked at 8.7 percent in October 2009.
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