Mass. unemployment rate drops to 5.5%

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There was no shortage of good news in the Massachusetts jobs report for June, when unemployment dipped to 5.5 percent — its lowest rate in nearly six years — and when the growing number of people working in the state hovered at an all-time high.

Announcing Interim Director Matthias Ruth

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“As the Interim Director of the School, I am looking forward to making fundamental contributions to the issues we research, creating solutions for social, economic and environmental challenges, and having lasting, positive impact on the people we reach – be they in classrooms, city halls or boardrooms, in our neighborhoods or around the world.”

Northeastern University report suggests need for future life science investment

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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.

Mass. jobless rate fell to 5.6% in May

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Alan Clayton-Matthews, a Northeastern University economist, said the jobs gained in May are a continuation of “moderate growth” for the state. As people have begun working again, incomes have risen, households have paid down debt, and home prices have increased.

US adds 217,000 jobs in May

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The US economy finally has regained all the jobs lost in the last recession as hiring continued to expand at a solid pace, the Labor Department reported Friday.

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