Bay State employers added more than 7,000 jobs in May, the ninth straight month of gains, and more people began looking for work again, increasingly confident about their chances of finding a job. Professor Alan Clayton-Matthews explains.
The jobs picture keeps getting brighter in the Bay State. The Massachusetts unemployment rate slid to 4.6 percent in May from 4.7 percent the previous month, matching the low point before the so-called Great Recession began in December 2007, the state Executive Office of Labor and Workforce Development reported Thursday.
In a report conducted by Northeastern University, released last week, analysts said the state’s investment in life sciences had pushed Massachusetts to the top of the list when measuring population-controlled life science employment, with 113,678 people involved in the industry throughout the state in 2012.