Massachusetts Loses Jobs in August

Massachusetts saw a decline in employment in August, shedding 7,100 jobs after a slight drop in July, with only 8,300 jobs added over the past year. The unemployment rate decreased to 4.3 percent, the lowest since March 2025, while the labor force has contracted, indicating limited hiring activity. Job losses mainly occurred in professional services, construction, and trade sectors, balanced by gains in manufacturing and information.

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