Overall unemployment rate moved down to 3.0% with the biggest shift in Restaurants & Hotels, which gained 16,200 roles, based on the most recently available information published in June 2022.

Total employment in the Boston-Cambridge-Nashua, MA-NH market declined by 28,336 jobs in April and the unemployment rate decreased compared to the prior month by 30 bps to 3.0%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.

  • Boston-Cambridge-Nashua, MA-NH unemployment rate is 34 bps below the national rate which is a positive sign.
  • Unemployment in the market is 260 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in April versus prior month by 5.5% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Boston-Cambridge-Nashua, MA-NH Unemployment April 2022

For key employment segments of the market, total jobs grew by 1.5% . Key sectors include:

  • Education & Healthcare: 602,600; -600
  • Business Services: 544,400; +13,800
  • Transportation & Utilities: 406,600; +1,300
  • Government: 309,300; +1,400
  • Restaurants & Hotels: 241,600; +16,200
  • Manufacturing: 184,400; +2,300
  • Financial Services: 178,900; -800
  • Construction, Mining: 126,600; +4,700
  • Other Jobs: 95,000; +1,100
  • IT & Development: 84,900; +1,000
Boston-Cambridge-Nashua, MA-NH Unemployment by Industry April 2022

Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.