Thursday, February 5, 2009

Massachusetts Jobless Rate Under Dem Patrick Administration: 6.9 Percent

When Deval Patrick was campaigning for Governor of Massachusetts in 2006, some local DSA members were skeptical that a former top corporation executive at the labor movement-boycotted Coca-Cola Company would be likely to restore economic prosperity to Massachusetts—even though Patrick was then being skillfully marketed as an “agent of change” by a Chicago-based campaign media consultant named David Axelrod. Well, today, it looks like these dissident DSA folks were accurate when they predicted that just electing Deval Patrick as Governor of Massachusetts in 2006 would not magically bring economic prosperity back to the Commonwealth of Massachusetts—even though the Democratic Party has controlled the U.S. Congress since 2007.

Between November 2008 and December 2008, for example, the official Massachusetts jobless rate jumped from 5.9 percent to 6.9 percent and 16,000 more jobs in Massachusetts vanished, according to a January 22, 2009 press release of Massachusetts’ Executive Office of Labor and Workforce Development.

The same press release also noted:

“Education and Health Services, Massachusetts' largest sector, lost 700 jobs in December...

“Jobs in the Professional, Scientific and Business Services declined by 7,500 in December. Over half of the monthly job loss was recorded in the Administrative and Support Services component, which includes Temporary Help. At 478,000, employment is down 6,200 from one year ago…

“Financial Activities employment was off 900 over the month, with losses in Finance and Insurance and Real Estate, Rental and Leasing. At 217,500, Financial Activities jobs are down 7,000 or 3.1 percent from one year ago…

“Trade, Transportation and Utilities jobs shed 3,400 jobs in December, with Retail Trade again accounting for most of the losses…At 557,300, employment is down 14,100 from one year ago…

“Leisure and Hospitality jobs were down 900 in December with losses divided between Arts, Entertainment and Recreation and Accommodation and Food Services. At 296,900, jobs are off 6,100 over the year…

“Manufacturing jobs declined by 1,000 in December after losing 3,300 the previous month. Most of the losses over the last two months have been in durable goods. At 285,000, Manufacturing employment is down 8,600 or 2.9 percent from one year ago with the largest losses in Computer and Electronic Products, Fabricated Metals, and Machinery.

“Construction jobs which were down 2,500 in December have declined by 9,400 over the last four months. At 125,400, jobs are down 11,700 or 8.5 percent from one year ago, the largest percentage decline of any sector…

“The Bay State's labor force was down 3,100 over the month with 35,700 fewer Massachusetts residents employed and 32,600 more unemployed. At 3,418,100, the labor force is up 15,300 from this time last year as 74,000 fewer residents were employed and 89,300 more were unemployed.”