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Archive for the 'Unemployment' Category

Boston Unemployment Increases

Tuesday, September 1st, 2009

The Boston unemployment rate increased during July as the city and surrounding area began to lose jobs.

While the majority of the country has been losing jobs since the beginning of the economic recession, Boston was previously one of the few cities that continued adding workers and maintaining a semi-stable unemployment rate. However, the latest data from the United States Department of Labor Bureau of Labor Statistics found that trend changed two months ago.

During July, the Boston-Cambridge-Quincy area saw its unemployment rate increase from 8.3 percent to 8.4 percent, which is lower than the national unemployment rate of 9.4 percent. This follows an unemployment increase from 7.2 percent to 7.5 percent during May.

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