Mass. loses 5,000 jobs, but rate plunges

herald_iconBy Jordan Graham | Boston Herald

Massachusetts lost more than 5,000 jobs and fewer people looked for work last month even as the unemployment rate plunged to 3.3 percent last month.

Experts advised job losses may not indicate a slowing labor market.

“A lot of the decline in employment is due to sampling error,” said Alan Clayton-Matthews, an economist at Northeastern University. “The big declines were in two sectors that have problems measuring the employment correctly, and they often fluctuate from month to month.”

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