Unemployment rate holds steady at 4.4 percent in February
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Posted 1:09PM on Friday 22nd March 2002 ( 23 years ago )
BOSTON - Massachusetts' unemployment rate in February held steady for the fourth month in a row at 4.4 percent, the state Division of Employment and Training said on Friday. <br>
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February was the first month since January of last year that the state did not record a job loss. The stability may indicate the state's job levels may finally bottoming out, state officials said. <br>
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Manufacturing and government were the only job sectors to decline in February, while all other sectors, including services, retail trade and construction, recorded small gains. <br>
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In February of last year, the state's unemployment rate was 2.9 percent. The state's current jobless rate is below the national rate of 5.5 percent. <br>
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