Posts Tagged ‘Boston Jobs’

Jobs in Boston

Sunday, January 11th, 2009

While most of the country is having trouble finding work, people searching for jobs in Boston continue to have an easier time than most. During the month of November of November, the city’s unemployment rate was only 5 percent. Massachusetts had a slightly higher jobless rate of 5.9 percent, according to the state’s Executive Office of Labor and Workforce Development. At the same time 6.8 percent of the nation was without work.

Despite this, Boston and the rest of Massachusetts is having a more difficult time processing unemployment benefit. Those who have recently lost their jobs have been advised to call the state’s claim centers between the middle and latter part of the day in order to reduce the number of delays experienced, according to the Boston Herald.

Since last year the number of people without work in Boston and the rest of Massachusetts have risen significantly. Twelve months ago there were only 107,000 people without work. Now there are approximately 200,000 residents struggling to find jobs.

According to the Herald, unemployment centers have been receiving so many calls that they are being answered with busy signals. In order to help fix these problems, first time claimants are now being directed to call centers.

One good thing that has come out of this is the fact that there are more Boston jobs and positions throughout Massachusetts at unemployment offices. Currently there are 140 people in charge of answering phones, which is almost twice the number there was in the beginning of October.

Overall, approximately 8,000 jobs in Massachusetts were lost during the month of November. During December, employers across the nation cut around 524,000 employment opportunities, causing unemployment to rise to 7.2 percent.

For 2008, the U.S. economy dropped somewhere around 2.6 million jobs, which is the most positions cut since 1945. During that year almost 2.8 million jobs were done away with.

Boston Jobs Account for Majority of State Gains

Tuesday, August 5th, 2008

Although national and statewide unemployment rates are up, Massachusetts has managed to flourish, particularly by adding more Boston jobs.

In July, according to a Massachusetts Executive Office of Labor and Workforce Development Division of Unemployment Assistance article, 10 of the 12 labor market areas in Massachusetts showed job gains, with seasonal gains reported in construction, trade, transportation and utilities, professional, scientific and business services and leisure and hospitality.

The Boston-Cambridge-Quincy area added the most new jobs in July, and there also have been more new jobs in Boston this year than last year.

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JPMorgan Chase & Co. Bringing Jobs to Boston

Monday, May 19th, 2008

In hopes of creating and preserving jobs in Boston, city officials recently proposed a deal with JPMorgan Chase & Co. In exchange for $4 million in tax breaks, the company would move from downtown to South Boston’s rapidly growing waterfront area. Half of the money used to provide the incentive will come from subsidies meant to aid in rehabilitating struggling areas and the other half will come from $2 million worth of tax reductions at the state level.

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