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The Boston Globe

Business

State not adding jobs fast enough, report says

Massachusetts’ relatively low unemployment rate masks significant problems for many people who want to find jobs but cannot, according to a report by top local economists.

While the housing market is a bright spot for the state, with sales, prices, and building permits on the rise, other developments are worrisome, the economists said. Massachusetts’ exports to its major international markets slowed significantly in the past year as the global economy weakened, while federal tax increases and budget cuts are further undermining growth.

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