Technology Slice Blog

Massachusetts Unemployment Falls To The Lowest Rate In A While - The Massachusetts unemployment rate last month fell to its lowest level in more than a year, but the state's economic recovery showed signs of slowing as employers slashed jobs across several sectors. The jobless rate dove to 8.4 percent from 8.8 percent in August, hitting the lowest level since May 2009, the state Executive of Labor and Workforce Development reported today. A separate survey of employers, however, showed Massachusetts firms cut payrolls by more than 20,000 jobs in September, with the losses concentrated in leisure and hospitality, a tourism related sector, and education and health services. In addition, revised data showed the state also shed 3,000 jobs in August, instead of the initially reported gain of 2,100 jobs. The mixed data suggest that the state's recovery is still proceeding, but the struggling national and international economies are beginning to weigh on Massachusetts, said Mic...