Mass. unemployment rate could top national rate for first time since 2007
The monthly unemployment rate in Massachusetts may have climbed to higher than the U.S. average in November, according to a report by the Associated Press.
It’s been more than six years since the state’s monthly unemployment rate has been higher than the nation’s average.
The state’s November jobs report is due to be released Thursday.
The national unemployment rate for November dropped to 7 percent, which is the lowest its been in five years.
The Massachusetts jobless rate has been steadily rising, and lingered at 7.2 percent in October.
If it does not decline by at least two-tenths of a point, November would mark the first month since May 2007 that Massachusetts’ jobless rate was above the national rate.
State officials insist the higher rate is not reflective of overall economic growth in Massachusetts. They point to the creation of roughly 52,000 private sector jobs in the past 12 months.