• Massachusetts' economic outlook remains bright, with the statewide unemployment rate falling below 5% for the first time since 2008 in February.
  • Currently, however, February labor market statistics are only available for certain states. So, the chart below highlights January’s unemployment data throughout the nation.
  • Although Massachusetts is hovering near the middle of the pack, the January unemployment rate is sitting 60 basis points below the national average and 100 basis points below year-ago levels.

State Unemployment Rate