Robert Winglass, the Maine State Labor Commissioner, has released October workforce estimates for Maine.
Seasonally-Adjusted Statewide Data
Household Survey – The preliminary seasonally-adjusted unemployment rate for Maine was 7.3 percent in October, down slightly from revised rates of 7.5 percent in September and 7.6 percent one year ago. The number of unemployed totaled 50,700, down 2,100 from a year ago. The U.S. unemployment rate was 9.0 percent, little changed from 9.1 percent in September and down from 9.7 percent a year ago.
The New England average was 7.6 percent; rates in other states in the region were 5.3 percent in New Hampshire, 5.6 percent in Vermont, 7.3 percent in Massachusetts, 10.4 percent in Rhode Island, and 8.7 percent in Connecticut.
Payroll Survey of Businesses – According to estimates from the U.S. Bureau of Labor Statistics, nonfarm payroll jobs were down 1,600 in October to a total of 596,100. Combined with a small downward revision to September estimates, this reverses much of the unusually large job gain reported for Maine a month ago. U.S. nonfarm payroll jobs were up 80,000 in October.
These estimates continue to be volatile from month to month, subject to significant revisions. Nonfarm payroll job data will be benchmarked to a lagging but more comprehensive count of wage and salary jobs this winter. That data, which is collected through unemployment insurance tax filings of employers, indicates the number of payroll jobs was relatively unchanged in the first half of 2011 (see likely revisions in nearby chart).
Not Seasonally-Adjusted Substate Data
The not seasonally-adjusted statewide unemployment rate was 6.6 percent in October, down from 6.9 percent a year ago. Not seasonally-adjusted rates ranged from 5.5 percent in Cumberland County to 9.3 percent in Somerset County. Rates tended to be lower than the statewide average in coastal counties and higher than average among northern and rim counties. Among metro areas, unemployment rates were lower than the statewide average in Portland-South Portland-Biddeford (5.5 percent) and Bangor (6.1 percent) and slightly higher in Lewiston-Auburn (6.7 percent). Detailed labor force and unemployment data for the state, counties, and 31 labor market areas; nonfarm jobs data for the state and the three metropolitan areas; and much more data is available at http://www.maine.gov/labor/cwri/data.html”> www.maine.gov/labor/cwri/data.html.
November data is scheduled for release Tuesday, December 20.
November 22, 2011