Mass. unemployment rate increases to 9.3 percent
1:11 PM Thu, Oct 15, 2009 | Permalink
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BOSTON (AP) -- The unemployment rate in Massachusetts rose to 9.3 percent in September, as the state lost another 9,200 jobs. The jobless rate in Massachusetts remains a half point lower than the national average, which rose to 9.8 percent last month. The state rate was 9.1 percent in August. Rhode Island has not yet released its September unemployment rate. In August, the Ocean State's rate was 12.8 percent, third-highest in the country. The Massachusetts Office of Labor and Workforce Development says employment fell in several sectors of the economy in September, with the largest decline being 5,800 jobs in the leisure and hospitality industry. Employment was also down in manufacturing, construction and government. The professional, scientific and business services sector lost 200 jobs in September after gaining more than 3,000 jobs over the previous two months. The Massachusetts unemployment rate was 5.3 percent at this time last year. 
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To note our neighboring state's unemployment soar 4% in one year is indeed sobering. And that in a place where the universities, high tech, and the medical/health field were thought to be most vibrant job creators. To me, it proves how ghastly this great recession is - and that noises claiming its lifting are utter poppeycock. Somehow, I believe the Obama administration should scour FDR's approach to creating jobs and lifting us out of the Depression. Short of that, I fear we're only rearranging deck chairs on the Titanic.
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To note our neighboring state's unemployment soar 4% in one year is indeed sobering. And that in a place where the universities, high tech, and the medical/health field were thought to be most vibrant job creators. To me, it proves how ghastly this great recession is - and that noises claiming its lifting are utter poppeycock. Somehow, I believe the Obama administration should scour FDR's approach to creating jobs and lifting us out of the Depression. Short of that, I fear we're only rearranging deck chairs on the Titanic.
Report Abuse