While the unemployment rate remains near a 50-year low, another measure of worker well-being indicates there may be bigger cracks in the labor market. The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains relatively healthy. Employers are also continuing to hire despite […]
State unemployment ticks up
The statewide unemployment rate climbed again in April to 4.6%, slightly widening the gap with the national joblessness rate, labor officials said. Citing federal data, the Executive Office of Labor and Workforce Development announced that unemployment in Massachusetts rose two-tenths of a percentage point from March to April. The national unemployment rate remained level at […]