Massachusetts unemployment hits a new record low for the century. Our economy is growing and adding jobs in all sectors.
According to a BBJ editorial, “the Bay State’s unemployment rate dropped to 2.9 percent in November, marking the first time it has dipped below 3 percent since the beginning of the century…Massachusetts added a net of 5,800 jobs last month, with the government leading the way by creating 3,800 new positions, the Executive Office of Labor and Workforce Development said Thursday. Three other sectors — construction, financial activities, and professional, scientific and business services — each added 1,000 jobs or more.”
Additional information is available on the Boston Business Journal’s website, here.