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Article: Pace of job loss slows in last two months
- Article from:
- The Patriot Ledger Quincy, MA
- Article date:
- September 18, 2009
CopyrightCopyright 2009 The Patriot Ledger Quincy, MA. Provided by ProQuest LLC. (Hide copyright information)
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BUSINESS IN BRIEF
Pace of job loss slows in last two months
BOSTON - The state's job losses slowed to a modest pace in July
and August in another sign that the local economy is on the cusp of
a turnaround, according to new figures from the state Executive
Office of Labor and Workforce Development.
The state jobs agency reported that employers in Massachusetts
collectively cut 400 jobs in August and 800 jobs in July. The July
figure was revised downward from an earlier estimate of 2,800 lost
jobs. Industries that added significant numbers of jobs in August
were health care and temporary help agencies, while the construction
and financial services sectors lost jobs.
Meanwhile, the state's ...