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Massachusetts could lose 50,000 jobs in decade

By Erin Ailworth

 |  Globe Staff  

  February 28, 2012

Looming federal budget cuts could cost Massachusetts more than 50,000 jobs over the next decade - mainly in key sectors such as defense, technology, and health care - and “strike at the very heart’’ of the state’s innovation economy, an analysis by researchers at the University of Massachusetts Donahue Institute shows. Automatic across-the-board cuts are slated to start in 2013 unless the deeply divided Congress agrees to a better deal to lower the national debt.

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