By Frank Quaratiello | The Boston Herald | October 19, 2012
The Massachusetts jobless rate rose for the third straight month in September to 6.5 percent — up from 6.3 percent in August — even as a separate survey by the Bureau of Labor Statistics estimated the Bay State added 5,100 jobs.
Economist David Tuerck of Suffolk University’s Beacon Hill Institute said “the report shows a modest improvement in the jobs picture.”
“Even though the unemployment rate went up slightly, from 6.3 percent to 6.5 percent, the number of people in the labor force rose by about 13,000, of which about half found new jobs and the other half started looking for jobs,” Tuerck said. “This increase in labor force participation is good news at the state level just as it is at the federal level.” Read More