Nearly 2 in 5 Massachusetts employers predict adding jobs in next 6 months

massliveBy Jim Kinney|Mass Live

Massachusetts employers gained confidence in the economy in October, according to survey results issued Tuesday by Associated Industries of Massachusetts, a statewide business group.

The state’s job market looked positive, according to the report. Nearly 39 percent of respondents reported adding staff during the past six months while 19 percent reported having cut jobs. When asked to predict hiring over the next six months,  38 percent of employers predicted hiring and only 10 percent downsizing.

The Associated Industries of Massachusetts Business Confidence Index rose 0.3 points to 56.2 last month, 0.6 points higher than in October 2015.

The Association bases its Confidence Index on a survey of member companies, and plots it on a 100-point scale with 50 as neutral.

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