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August 21, 2015

Maine unemployment rate barely changes in July

Maine's unemployment rate in July was 4.6%, nearly unchanged from the previous month and more than 1% less than it was a year ago.

The Maine Department of Labor reported on Friday that an estimated 32,000 people were unemployed last month, 7,500 fewer than a year ago.

The national unemployment rate in July was 5.3%, unchanged from the previous month and a decrease from 6.2% one year ago.

Maine's unemployment rate remained under the average of 4.7% for the New England states. The state's unemployment rate was lower than Rhode Island (5.8%), Connecticut (5.4%) and Massachusetts (4.7%), and higher than New Hampshire (3.7%) and Vermont (3.6%).

Maine's employment-to-population percentage was 60.4% in July, the 94th consecutive month the state has been above the national average of 59.3%.

The state's preliminary estimate for nonfarm payroll jobs in May was 609,700, an increase of 4,400 from one year ago. The largest increase in jobs came from the professional and business services, finance and health care sectors. Government jobs saw a minor decrease.

Unemployment rates are seasonally adjusted.

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