The state announced this week that the unemployment rate in Massachusetts dropped to a record low of 4.6 percent in May – the lowest it has been since December 2007. Massachusetts was one of nine states to have a decrease in unemployment that month. KNF&T is proud to have added over 200 employees to the Massachusetts workforce in May. The national unemployment rate for the month of May was 5.5 percent.
For more information on Massachusetts employments rates, visit the Official Website of the Executive Office of Labor and Workforce Development.