The gap between state and national unemployment rates, once just under 2 percent, has been erased after the Bay State posted higher jobless numbers than the nation yesterday for the first time in six years.
The state unemployment rate for November dipped slightly to 7.1 percent from 7.2 percent the previous month, but the U.S. rate, announced earlier, dropped to 7 percent in November.
"Massachusetts recovered early and more strongly and the rest of the nation is now catching up," said Joanne F. Goldstein, secretary of the Executive Office of Labor and Workforce Development. "We're pleased in the direction we continue to head."
Preliminary estimates show that the Bay State gained 6,500 jobs in November. Still, the state unemployment rate has risen 0.6 percent since April, while nationally the rate has dropped 0.5 percent.
Experts say the reasons for the difference aren't clear, but are likely due to a number of factors, not just the government shutdown and the federal cuts known as sequestration.
"The big question is why and I don't have all the answers there," said Eliot Winer, chief economist for the Northeast Economic Analysis Group and former chief economist for Massachusetts.
Some say it is easy to blame the state's job woes on Washington, D.C., but that may not be fair. The state economy also relies on trade with Europe and Canada, which may also be a factor.
"Attributing everything to the sequester and the shutdown is a little overwrought," said Frank Conte of the Beacon Hill Institute.
Anda sedang membaca artikel tentang
Bay State’s jobless rate now higher than U.S.
Dengan url
http://wartawanlocal.blogspot.com/2013/12/bay-stateas-jobless-rate-now-higher.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Bay State’s jobless rate now higher than U.S.
namun jangan lupa untuk meletakkan link
Bay State’s jobless rate now higher than U.S.
sebagai sumbernya
0 komentar:
Posting Komentar