Jun 6, 2023 - Business
Chart: Boston's shrinking unemployment
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Unemployment in the region dropped to 2.3% in April, according to seasonally unadjusted data from the Bureau of Labor Statistics.
Why it matters: Despite market volatility and layoffs in tech and life sciences, we've continued to see joblessness shrink.
Zoom out: Boston’s unemployment rate is 0.8 percentage points lower than the national rate.
Editor’s Note: This chart and the test have been corrected to label the unemployment rates as seasonally unadjusted (not adjusted). Boston’s April unemployment rate was 0.8 percentage points lower than the national rate (not 1.1% lower).