Unemployment up to 9.3 percent, again

The October unemployment figures have been released, showing an increase to 9.3 percent. September was initially reported as 9.3 percent, and August was initially reported at 9.2 percent, but both were later adjusted down by a couple points after further Employment Security Department analysis.

According to preliminary October results, the state now has 120,000 fewer jobs today than we had at  this time last year.

“Leisure and hospitality was the industry with the largest decline in October, down about 2,900 jobs. Other industries that showed job declines in October were manufacturing, down 2,300; retail trade, down 1,400; aerospace product and parts manufacturing, down 700. Three other industries – transportation, warehousing and utilities, professional business services, and construction – each dropped about 600 jobs.”

The upside: Government added about 900 jobs in October.

 For the full report, go here.

Tags: unemployment