Tag: unemployment rate
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What Does Massachusetts’ Low Unemployment Rate Mean for the State’s Homeless?
This past August, the Massachusetts unemployment rate hit a substantial low, dropping from 4.1 percent in July to 3.9 percent—the lowest it has been in 15 years. With 5,900 jobs added last month, the last time the state’s jobless rate was this low was August 2001. The added jobs were primarily in leisure and hospitality,…