Around New England

Economist Estimates Massachusetts Unemployment Rate at 25 Percent

Matthew McDonald

An economist estimates the currently true unemployment rate of Massachusetts at 25.2 percent.

William M. Rodgers III, a fellow at The Century Foundation, a left-of-center think tank in New York City, a few weeks ago co-authored an article on the foundation's web site projecting coronavirus-related unemployment rates at far higher than what official government statistics have so far reported.

Unemployment Claims in Massachusetts Off the Charts in Less Than A Month
News

Unemployment Claims in Massachusetts Off the Charts in Less Than A Month

Matthew McDonald

Some 572,562 people filed initial claims for unemployment in Massachusetts between mid-March and the second week of April, according to federal statistics.

The state's economy went from virtually full employment in mid-March to an unemployment crisis a week later, as the coronavirus emergency shutdowns began.

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