The Massachusetts unemployment rate edged upward for the third straight month, climbing to 6.5 percent in September, the Massachusetts Executive Office of Labor and Workforce Development reported Thursday.
The state’s unemployment rate maintained a recent low of 6 percent in June, but rose to 6.1 percent in July and 6.3 percent in August, before rising again last month. The trend was anticipated by economists, who said the current global slowdown, uncertainty about US tax policy, and other factors, such as rising gas prices, have contributed to a climate of uncertainty and slowed hiring.
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and overall:
Initial jobless claims rose by 46,000 to 388,000 last week, up from a revised 342,000 the prior week, with the four-week average at 366,000, higher than the 365,000 seen the week before
There will be NO JOBS to speak of until SPENDING is cut! The markets that affect job creation aren't waiting to see Democrats 'increased revenues'. The markets that affect job creation are waiting to see 'spending reductions'!!!!! Until spending is reduced, you will never see any number of jobs worth speaking about. And you have been warned...
Someone needs to track the MIS Massachusetts Governor, and give him a copy of his job description.
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