Mass. unemployment rate rises as economy slows
The Boston Globe - 08/17/2012
Massachusetts’ unemployment rate ticked up slightly in July as the state’s economy continued to slow last month, adding just 1,600 jobs, the Massachusetts Executive Office of Labor and Workforce Development reported Thursday.
The state’s unemployment rate rose to 6.1 percent, from 6 percent in June, the first increase since October 2009. The state jobless rate, however, remains well below the national average, which also rose slightly in July, to 8.3 percent.
“It looks like both the state and the nation are growing slowly,” said Northeastern University economics professor Alan Clayton-Matthews. “This was expected given the conditions in the world.”