BLS issues job snapshot for the Boston area
Nonfarm employment in the Boston area fell by 65,500 over the year in July 2009, a drop of 2.6 percent; nationally, jobs were lost at a faster rate, decreasing 4.2 percent, the US Bureau of Labor Statistics reported.
Among the 12 largest metropolitan areas nationally, Boston was one of seven to experience job loss over the year at a slower rate than the nation, the BLS said.
Washington, D.C., recorded the slowest rate of job loss, with a decrease of 1 percent, and Detroit recoreded the fastest rate with a decline of 7.5 percent, the bureau said.
"The education and health services supersector in the Boston area, which accounts for almost one in five local jobs, added 10,600 jobs over the year for an increase of 2.3 percent," BLS said in a press release. "Leisure and hospitality was the only other sector in Boston to record an employment gain (+5,900). Each of the remaining nine industries lost jobs in Boston over the year, with professional and business services (-22,500) hit hardest."
The Massachusetts Executive Office of Labor and Workforce Development looks at similar data to calculate the Bay State's unemployment rate.
Last month, the executive office said that the Bay State's unemployment rate was 8.8 percent for July.
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