The Massachusetts unemployment rate dropped nearly 5 percentage points from July to August. Image via CBS Boston
– News covered by Quincy Quarry News with commentary added.
Massachusetts unemployment rate down to 11.3% for August care of the biggest drop in the state’s unemployment rate in the country.
While still a long way from returning to pre-COVID-19 pandemic levels, a thirty percent drop in the state’s unemployment rate in but a month’s time is still a huge step in the right direction.
The drop was also so considerable that Massachusetts no longer has the highest unemployment rate in the country – Nevada tops the list with a 13.2% unemployment rate and is followed closely by Rhode Island at 12.8%.
Source: Massachusetts Unemployment Rate Down To 11.3% For August; Biggest Drop In Country
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