Thursday, March 4, 2010

State unemployment rate ticks up to 9.5%

Numbers are tricky, what is number 9 may be revised in months to come to be a 9.3 or 9.1?

The increase from December’s revised unemployment rate of 9.3 percent was largely driven by a 3,200-person increase in the state’s labor force. The national unemployment rate was 9.7 percent in January.

The commonwealth’s labor and workforce division said net job gains were seen in several industries, including the trade, transportation and utilities sector (up 3,500 jobs); professional, scientific and business services sector (2,700 jobs); education and health services sector (2,100 jobs); information sector (1,400 jobs); and “other services” (700 jobs )and leisure and hospitality sectors (100 jobs).

What is the definition of OTHER? And are these GOOD paying jobs? Private? Public?

Importantly: Manufacturing is still crashing and in the loss column for any job creation.

in reference to: State unemployment rate ticks up to 9.5% - Boston Business Journal: (view on Google Sidewiki)

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